When you think of Binance, the world’s largest cryptocurrency exchange by volume, known for low fees, deep liquidity, and a massive range of trading pairs. Also known as BNB Chain’s home platform, it’s the first place most traders go to buy Bitcoin, Ethereum, or altcoins. But in 2025, things aren’t what they used to be. Regulatory pressure, rising competition, and a few high-profile missteps have made users ask: Is Binance still the best choice?
It’s not just about trading fees anymore. Binance fees, a key reason users flocked here since 2017, are still low—but now matched by KCEX, GroveX, and other no-KYC platforms. You can get zero spot fees elsewhere, and some even pay you to trade. Meanwhile, Binance security, once praised for cold storage and insurance funds, has been questioned after past hacks and compliance failures. The platform now operates under stricter global rules, which means more KYC, slower withdrawals, and less privacy. If you’re a casual trader, this might not matter. But if you’re holding large amounts or value anonymity, you’re looking at trade-offs.
What hasn’t changed is the sheer number of coins you can trade. Binance still lists more tokens than any other exchange—hundreds of new ones every year, from real projects to dead ones like BSClaunch or Franklin. That’s both a strength and a risk. You’ll find everything, but you’ll also find traps. The platform’s research tools, like its token fundamentals page and market data, are still among the best. But the real value now lies in what you can’t find on Binance: transparency. Many users are moving to smaller, regulated DEXs like KyberSwap or Huckleberry for clearer rules and fewer surprises.
So who should still use Binance in 2025? If you’re trading large volumes, need fast fiat onramps, or want to stake dozens of tokens with decent yields, it’s still a top pick. But if you care about privacy, want to avoid regulatory gray zones, or just want to know who’s behind the platform, you’ll find better options. Below, you’ll see real reviews of exchanges that are rising—and others that are falling. You’ll also find deep dives into tokens that look like Binance listings but are dead on arrival. This isn’t a sales pitch. It’s a reality check.
Binance offers low fees and 500+ cryptocurrencies in Singapore but lacks MAS licensing. Learn the risks, deposit options, and how it compares to Gemini and Luno in 2025.
