Cryptocurrency trading has evolved rapidly over the past decade, and at the forefront of this digital revolution stands Binance, one of the world’s most influential and high-volume crypto exchanges. With its robust infrastructure, diverse range of tradable assets, and global user base, Binance continues to shape how investors interact with blockchain-based financial markets.
In this comprehensive overview, we’ll explore Binance’s trading volume metrics, supported cryptocurrencies, fee structure, availability across regions, and more — all while integrating essential SEO-optimized keywords such as Binance trading volume, crypto exchange market listings, Binance fees, BNB token, cryptocurrency trading platform, and margin trading on Binance.
What Is Binance?
Binance is the world's largest cryptocurrency exchange by trading volume. Since its launch in 2017, it has grown exponentially, serving over 90 million users globally and facilitating billions of dollars in daily trades. The platform allows users to buy, sell, store, and trade more than 350 cryptocurrencies across thousands of trading pairs.
Beyond spot trading, Binance offers a full suite of financial products including futures, options, staking, lending, NFTs, and decentralized finance (DeFi) tools. Its ecosystem includes key components like:
- Binance Exchange – Core trading platform
- Binance Labs – Venture capital and incubation arm
- Launchpad & Launchpool – Token launch platforms for new projects
- Binance Academy – Educational resource hub
- Binance Research – Market analysis and reports
- Trust Wallet – Non-custodial crypto wallet
- Binance Charity – Blockchain-powered philanthropy
This expansive infrastructure positions Binance not just as a trading venue but as a complete digital asset ecosystem.
👉 Discover how top-tier trading platforms empower investors in 2025
Who Founded Binance?
Binance was co-founded in 2017 by Changpeng Zhao (CZ) and He Yi.
- CZ, a Canadian-Chinese entrepreneur and former Bloomberg developer, serves as CEO. He brings deep technical expertise from prior roles at Fusion Systems and Blockchain.com.
- He Yi, Binance’s Chief Marketing Officer, previously held leadership positions at Yixia Technology and was a co-founder of OKCoin.
Their vision was to build a fast, secure, and scalable platform that could support high-frequency trading while remaining accessible to retail investors worldwide.
When Was Binance Launched?
Binance officially launched in June 2017. Remarkably, within just 180 days, it became the largest cryptocurrency exchange globally by daily trading volume — a position it has largely maintained since.
The exchange raised funds through an initial coin offering (ICO) of its native utility token, BNB (Binance Coin), which has since become one of the top cryptocurrencies by market capitalization.
Where Is Binance Available?
While Binance operates internationally, regulatory compliance restricts access in certain jurisdictions:
Fully Restricted Regions:
- United States (except via Binance.US)
- Singapore
- Ontario, Canada
Partially Restricted Countries:
Users in countries like China, Japan, Thailand, Malaysia, and the UK may face limitations on specific services such as derivatives or fiat deposits.
Additionally:
- Futures and derivatives are not available in Germany, Italy, and the Netherlands.
- In September 2019, Binance.US was launched to serve American users under local regulatory frameworks.
Always check regional guidelines before signing up or depositing funds.
How Much Are Binance Fees?
One of Binance’s competitive advantages is its low-fee structure, making it attractive for both casual traders and institutional players.
Standard Spot Trading Fees:
- 0.1% for taker and maker orders (for non-VIP users)
- Discounts apply based on trading volume and BNB holdings
- Fee tiers range from regular users up to VIP 9
Recent Promotions:
As of mid-2022:
- Bitcoin (BTC) spot pairs became fee-free
- This benefit later expanded to ETH/BUSD pairs
Using BNB to pay fees grants an additional 25% discount, further incentivizing use of the native token.
👉 Compare low-cost trading platforms with advanced tools in 2025
Does Binance Offer Margin and Leverage Trading?
Yes — Binance supports multiple forms of leveraged trading:
1. Margin Trading (Binance Margin)
- Borrow funds to increase position size
- Up to 10x leverage
- Supports cross and isolated margin modes
2. Futures Trading (Binance Futures)
- Trade perpetual and quarterly futures contracts
- Leverage up to 125x, depending on the asset
- Settled in USDT, BUSD, or crypto
3. Options Trading
- Buy/sell crypto options with flexible strike prices and expirations
- Ideal for hedging or speculative strategies
These tools cater to experienced traders seeking enhanced exposure and risk management capabilities.
Top Markets on Binance (Latest Data)
Below is a snapshot of some of the most actively traded cryptocurrency pairs on Binance based on recent 24-hour volumes:
| Rank | Cryptocurrency | Trading Pair | Price (CNY) | 24h Volume (CNY) | Market Share |
|---|---|---|---|---|---|
| 1 | Bitcoin | BTC/FDUSD | ¥783,056.53 | ¥18.83 billion | 17.12% |
| 2 | Ethereum | ETH/FDUSD | ¥18,477.57 | ¥12.14 billion | 11.04% |
| 3 | Bitcoin | BTC/USDT | ¥783,129.05 | ¥9.87 billion | 8.97% |
| 4 | Ethereum | ETH/USDT | ¥18,476.96 | ¥8.89 billion | 8.08% |
| 5 | USDC | USDC/USDT | ¥7.16 | ¥7.48 billion | 6.80% |
Other notable pairs include:
- SOL/USDT (Solana)
- XRP/USDT (Ripple)
- PEPE/USDT (Pepe meme coin)
- WIF/USDT (dogwifhat)
Stablecoin pairs dominate volume due to their liquidity and reduced volatility.
Frequently Asked Questions (FAQ)
Q: Is Binance safe to use?
A: Yes, Binance employs advanced security measures including two-factor authentication (2FA), anti-phishing codes, encrypted storage, and the SAFU ("Secure Asset Fund for Users") insurance pool designed to cover losses in case of breaches.
Q: Can I trade without verification?
A: Limited functionality is available without KYC (Know Your Customer) verification. Full access to deposits, withdrawals, and higher limits requires identity verification.
Q: What is the BNB token used for?
A: BNB serves multiple purposes: paying reduced trading fees, participating in token sales on Launchpad, booking travel services, making payments, and more. It runs on the BNB Chain, formerly known as Binance Smart Chain.
Q: How does Binance make money?
A: Revenue streams include trading fees, listing fees for new tokens, cloud mining services, ad placements, NFT marketplace commissions, and income from its venture arm (Binance Labs).
Q: Does Binance report to tax authorities?
A: In regulated markets like the U.S. via Binance.US, yes — transaction data may be shared with tax agencies. Global users should maintain personal records for tax reporting.
Q: Are there mobile apps for Binance?
A: Yes — Binance offers iOS and Android apps with full functionality for trading, wallet management, staking, and real-time alerts.
Final Thoughts
Binance remains a dominant force in the crypto space due to its combination of scale, innovation, low fees, and broad asset selection. Whether you're a beginner looking to buy Bitcoin or an advanced trader utilizing futures contracts with leverage, Binance provides the tools needed to navigate modern digital markets.
As regulations evolve globally, staying informed about regional availability and compliance requirements is crucial.
👉 Access powerful trading tools designed for today’s crypto market
By understanding how Binance works — from its origins and founders to its fee model and product offerings — investors can make smarter decisions in their journey through the decentralized economy.