Binance vs SimpleSwap

Binance3.4/5

VS

SimpleSwap4.1/5

Feature	BinanceVisit	SimpleSwapVisit
Ratings
Our score	3.4/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	4.0	3.0
Security & trust	2.5	4.0
Asset selection	4.5	5.0
Ease of use	3.5	4.5
Support	3.0	4.0
Specs
Markets	Spot, Futures, Options, Margin, P2P, Copy trading, OTC	Spot
Maker fee	0.1%	Not disclosed
Taker fee	0.1%	Not disclosed
Coins listed	507	2,800
Fiat deposit methods	Not disclosed	Card
KYC required	Not disclosed	No
Accepts US customers	No	Not disclosed
Staking / earn	Yes	Not disclosed
Mobile app	Not disclosed	Yes
Licenses & registrations	Japan registration, Indonesia registration, Thailand registration, Bahrain registration, UAE registration	Not disclosed
Security features	Emergency fund reimbursement	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	Yes	No
Copy trading	Not disclosed	No
P2P market	Yes	No
Earn / savings products	Yes	Not disclosed
Referral program	Not disclosed	Yes
Company
Founded	2017	2018
Headquarters	Cayman Islands	—
Investors	Public participants in Binance initial coin offering	Not disclosed
Strengths and weaknesses
Pros	0.1% default spot maker and taker fees Futures maker fees start at 0.02% Spot, futures, options, margin and P2P markets Supports networks including Ethereum, Bitcoin, Solana and BSC	No account registration required for standard crypto-to-crypto swaps Non-custodial model delivers converted assets directly to personal wallets Extensive catalog covering more than 2,800 cryptocurrencies Choice between fixed guaranteed rates and floating market rates
Cons	Custodial exchange exposure affects deposited funds Blocked in the United States, Canada and sanctioned territories EU services were suspended from July 2026 2019 breach involved 7,000 bitcoin	Built-in exchange spreads can exceed traditional spot order-book trading fees Transactions flagged by automated AML risk scoring trigger sudden KYC holds No order books, limit orders, futures, or margin trading Fiat purchases rely on third-party processors with separate fees and verification
Best for	Active spot traders, Futures traders, BNB holders seeking fee discounts	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

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