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Binance.US vs EDX Markets

How Binance.US vs EDX Markets compare on our ratings, exchange specs, funding, pros and cons.

Binance.US4.1/5
VS
EDX Markets3.1/5
Feature
Binance.USVisit
EDX MarketsVisit
Ratings
Our score4.1/53.1/5
User ratingNo reviews yetNo reviews yet
Fees5.03.0
Security & trust4.04.0
Asset selection4.02.5
Ease of use4.02.5
Support3.53.0
Specs
MarketsSpot, OTCSpot, Futures
Maker fee0%Not disclosed
Taker fee0.02%Not disclosed
Coins listed200Not disclosed
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHNot disclosed
KYC required Yes Yes
Accepts US customers Yes Yes
Proof of reserves YesNot disclosed
Staking / earn Yes No
Mobile app Yes No
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesNot disclosed
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certifiedBankruptcy-remote accounts, Central clearinghouse, Third-party custodian integration
Futures & perpetuals No Yes
Max leverage (x)Not disclosed5
Copy trading No No
P2P market No No
Earn / savings products Yes No
User protection fund No Yes
Referral program Yes No
Company
Founded20192022
HeadquartersUnited StatesUnited States
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1SBI Holdings
Strengths and weaknesses
Pros
  • 0% maker fees across all 250+ spot trading pairs
  • Zero-fee fiat deposits and withdrawals through bank ACH transfers
  • SOC 2 Type II and ISO 27001 third-party security audits
  • Staking support across 25+ proof-of-stake cryptocurrencies
  • Centrally cleared model eliminates direct counterparty credit risk between participants
  • Non-custodial architecture lets institutions use their choice of custodian
  • Bankruptcy-remote member accounts protect customer assets from venue insolvency
  • Backed by major traditional financial institutions and a $76M Series C round
Cons
  • Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas
  • ACH fiat deposits carry a mandatory 7-day withdrawal hold
  • Centralized custody model requires full trust in the exchange for fund safety
  • Mandatory KYC identity verification required before trading or depositing
  • Restricted to institutional entities with no retail trading access
  • EDX Derivatives is unavailable to firms in the US, EU, UK, and Singapore
  • Derivatives leverage capped at 5x, lower than retail offshore venues
  • Requires comprehensive institutional onboarding and strict KYC verification
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsInstitutional digital asset trading firms, Banks and market makers, Brokers seeking white-label clearing infrastructure

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