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CyprusCoinSpot vs Binance
What each one charges, who licenses it, and how they rank against each other country by country.
The short version
CoinSpot and Binance never appear on the same country list: we list CoinSpot in 1 country and Binance in 1 country. The table below shows where you can use each one.
On the one fee we could check for both, they charge the same.
- Both charge the same for crypto trades (standard taker fee): 0.1%.
- We list CoinSpot in 1 of the 14 countries we cover and Binance in 1. They never overlap.
- Binance gets more search attention than CoinSpot (Market Signal 80 vs 51). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Crypto exchanges
| Country | CoinSpot | Binance |
|---|---|---|
| Australia | #6 of 762/100Foreign licence Casey Block Services Pty Ltd · AUSTRAC | Not listed |
| United Arab Emirates | Not listed | #2 of 570/100Locally licensed Binance FZE · VARA |
Fees and features side by side
| CoinSpot | Binance | |
|---|---|---|
| Products | Crypto | Crypto, Futures |
| Owner | Not verified yet | Not verified yet |
| Crypto trading fee | 0.1%, base-tier taker fee on the order book | 0.1%, base-tier taker fee on the order book |
| Inactivity fee | Not verified yet | Not verified yet |
| Withdrawal fee | None | Not verified yet |
| Minimum deposit | Not verified yet | Not verified yet |
| Instruments | Not verified yet | Not verified yet |
| Platforms | CoinSpot web, CoinSpot app | Not verified yet |
| Deposit methods | PayID, Direct deposit, Card, PayPal, Cash | Bank card |
| Withdrawal time (stated) | Not verified yet | Not verified yet |
| Demo account | Not verified yet | Not verified yet |
| Support | live chat · 24/7 | live chat · 24/7 |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (CoinSpot, Binance).
Licences
CoinSpot vs Binance: common questions
Which is better, CoinSpot or Binance?
CoinSpot and Binance never appear on the same country list: we list CoinSpot in 1 country and Binance in 1 country. The table below shows where you can use each one. For reference, CoinSpot's best ranking is #6 of 7 crypto exchanges in Australia, and Binance's best ranking is #2 of 5 crypto exchanges in the United Arab Emirates.
Is CoinSpot cheaper than Binance?
Both charge the same for crypto trades (standard taker fee): 0.1%.
Can I use both CoinSpot and Binance where I live?
We list CoinSpot in 1 of the 14 countries we cover and Binance in 1. They never overlap.