10 Best Binance Alternatives to Consider in December 2025
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As the world’s largest exchange by trading volume, Binance has proven itself as the go-to option for crypto traders and investors. However, issues like regulatory uncertainty, geo-restrictions, and infrequent coin listings have prompted many users to look for the best Binance alternatives.
After extensively analysing and testing over 30 crypto exchanges, we concluded that OKX is the top alternative to Binance. Similar to Binance, OKX is globally available (including in the US) and has high daily volume, but it charges lower trading fees and offers higher fee discounts to its native token holders. Moreover, OKX has one of the largest trading bot marketplaces in the industry.
Keep reading to explore the top alternatives to Binance and find the one that best suits your needs.
- In This Article
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- 1. OKX — Best Binance Alternative Overall
- 2. Coinbase — Best Binance Alternative for US Traders
- 3. Bybit — Best Binance Alternative For Futures Trading
- 4. Best Wallet — Best Binance Alternative for In-Wallet Trading
- 5. Gemini — Best Binance Alternative For Beginners
- 6. eToro — Binance Alternative for Commission-Free ETF Trading
- 7. MEXC — Binance Alternative for Low Trading Fees
- 8. Margex — Best Binance Alternative for Anonymous Trading
- 9. Kraken — Best Alternative to Binance for Trading on Mobile
- 10. KuCoin — Best Alternative to Binance for Airdrops
- In This Article
-
- 1. OKX — Best Binance Alternative Overall
- 2. Coinbase — Best Binance Alternative for US Traders
- 3. Bybit — Best Binance Alternative For Futures Trading
- 4. Best Wallet — Best Binance Alternative for In-Wallet Trading
- 5. Gemini — Best Binance Alternative For Beginners
- 6. eToro — Binance Alternative for Commission-Free ETF Trading
- 7. MEXC — Binance Alternative for Low Trading Fees
- 8. Margex — Best Binance Alternative for Anonymous Trading
- 9. Kraken — Best Alternative to Binance for Trading on Mobile
- 10. KuCoin — Best Alternative to Binance for Airdrops
- Show Full Guide
The Best Alternatives to Binance Compared
The seven exchanges below are top alternatives to Binance for various reasons. For instance, you’ll enjoy lower trading fees, wide fiat payment support, and excellent features like copy trading, crypto loans, and the ability to buy and sell crypto from your own non-custodial wallet.
Here’s how they compare to one another:
| Binance Alternative | Supported Coins | Fees (Maker/Taker) | KYC Required | Best For |
| OKX | 355+ | 0.08% / 0.1% | Yes | Overall best Binance alternative |
| Coinbase | 350+ | 0% to 0.4% / 0.05% to 0.6% | Yes | US Traders |
| Bybit | 700+ | 0.1% / 0.1% | Yes | Futures Trading |
| Best Wallet | 1,000+ | Third-party dependent | No | In-Wallet Trading |
| Gemini | 78 | 0.2% / 0.4% | Yes | Beginners |
| eToro | 145+ | 1% flat fee | Yes | Traditional asset trading |
| MEXC | 1,980+ | 0% / 0.05% | Optional | Low trading fees |
| Margex | 46 | 0.019% / 0.06% | No | Privacy-conscious users |
| Kraken | 690+ | 0.02% / 0.05% | Yes | Trading on mobile |
| KuCoin | 1,040+ | 0.1% / 0.1% | Yes | Airdrops |
Top Binance Alternatives Reviewed
After visiting and testing over 30 cryptocurrency exchanges, below are our top Binance alternatives reviewed and ranked based on security, user-friendliness, trading fees, features, and payment methods.
1. OKX — Best Binance Alternative Overall
OKX is a centralized exchange that, like Binance, supports a wide range of trading services, from spot and futures to staking and copy trading. However, OKX is a better option for active traders due to its low trading fees. The trading fees on OKX start at 0.0800% for makers and 0.1000% for takers, while on Binance, the maker/taker fees start at 0.1%. You can also get a 40% discount by holding OKB tokens, while BNB token holders get a 25% discount.
OKX is more suitable for advanced traders thanks to its pre‑built trading bots, flexible leverage and margin controls, and nitro spreads. This feature lets you trade complex spread and basis trades with a single order. On the downside, OKX supports fewer coins and tokens than Binance – 355 vs 600.
What does OKX do better than Binance?
OKX charges lower maker and taker fees and offers higher fee discounts to its native token holders, which makes it more suitable for frequent traders. OKX also shines when it comes to trading with bots. OKX has one of the largest and most advanced bot marketplaces in the industry, with 1.19 million global bot traders, while Binance only offers basic bots.
Pros:
- Competitive trading fees
- Up to 40% fee discount for OKB token holders
- Pre‑built trading bots
- Flexible leverage and margin controls
- Nitro spreads
Cons:
- High withdrawal fees for local bank transfers ($30)
2. Coinbase — Best Binance Alternative for US Traders
Coinbase is a centralized exchange that supports 350+ coins and tokens, spot and derivatives trading, and staking. This CEX is a great choice for US traders looking for a Binance alternative. Namely, Coinbase is registered with FinCEN, which allows it to operate in all US states. Binance doesn’t accept traders from the US. Although US users can use Binance.US, this platform is more limited.
Coinbase is also recognized as the best crypto futures trading platform. You can trade futures contracts, nano BTC, nano ETH, nano SOL, and nano XRP perp-style futures. Moreover, Coinbase plans to launch US perpetual-style futures for several coins, including Shiba Inu, Cardano, Dogecoin, and Polkadot. In comparison, Binance.US doesn’t support derivatives.
What does Coinbase do better than Binance?
Unlike Binance, Coinbase is available in the US. This CEX is also registered with FinCEN, enabling it to offer its services in all US states. Moreover, Coinbase provides regulated derivatives in the US, while Binance.US doesn’t support derivatives due to strict local regulations.
Pros:
- Available in all US states
- Registered with FinCEN
- Provides regulated derivatives in the US
- Supports nano BTC, nano ETH, nano SOL, and nano XRP perp-style futures
- Native wallet (Base App)
Cons:
- Higher fees compared to Binance
3. Bybit — Best Binance Alternative For Futures Trading
Bybit is a centralized exchange that specializes in derivatives trading. While Binance supports 670+ futures pairs, Bybit lets you trade 885+ futures pairs settled in USDT and USDC. Bybit also offers higher maximum leverage – 200x vs 125x. Plus, you can take advantage of its futures combo bot to create portfolios that combine 2 to 10 futures contracts. The bot also offers six AI-recommended strategies, which span across three categories: high-yield, stable, and high-frequency. In comparison, Binance offers only basic trading bots.
The base fee for futures contracts on Bybit stands at 0.02% (maker) and 0.055% (taker), which is slightly higher than the base fee on Binance, which starts at 0.02% (maker) and 0.04% (taker). Another disadvantage of Bybit is its availability. Like Binance, Bybit is not available in the US. Moreover, its MiFID II license is still pending, meaning EEA users currently cannot trade futures.
What does Bybit do better than Binance?
Bybit excels in derivatives trading. Compared to Binance, it lets you trade more futures pairs with higher leverage (up to 200x). Bybit also supports USDC and USDT‑margined perpetual contracts and dated/expiry futures. Plus, you can use its futures combo bot to build a multi‑contract portfolio.
Pros:
- Supports 885+ futures pairs
- Up to 200x leverage
- Futures combo bot lets you create portfolios that combine multiple futures contracts
- Offers six AI-recommended strategies
- Fast matching engine (100,000 tps)
Cons:
- Bybit is not available in the US, Canada, and the UK
4. Best Wallet — Best Binance Alternative for In-Wallet Trading
Binance is a centralized exchange that lets you link your account to its self-custody wallet to store your funds. Best Wallet is the opposite – a non-custodial wallet with a built-in DEX that enables you to trade 1,000 coins across multiple blockchains directly from its app. Unlike Binance, which requires KYC verification, Best Wallet doesn’t ask for personal information or KYC documents.
Anyone can use Best Wallet without the need to create an account. In contrast, Binance’s wallet is integrated into its app, meaning you must have a Binance account to use it. Like Binance, Best Wallet enables you to invest in presale tokens. However, Best Wallet offers a wider selection of presale tokens, i.e., tokens on Binance Alpha are limited to what Binance selects.
What does Best Wallet do better than Binance?
Unlike Binance, Best Wallet offers full anonymity, self-custody of assets, and a built-in DEX for trading tokens without additional fees. It also guarantees privacy, decentralized trading, and access to exclusive token launches.
Pros:
- Self-custody and anonymity (no KYC requirements)
- Integrated DEX with no additional fees for swaps
- Supports over 1,000 cryptocurrencies across 60+ blockchains
- Presale dashboard for easy access to new coins
Cons:
- Third-party providers may require KYC for fiat transactions
- No desktop version available yet
5. Gemini — Best Binance Alternative For Beginners
Gemini is a US-based crypto exchange that supports 70+ coins and tokens with large market caps, such as BTC, ETH, and XRP. You can also trade fiat-denominated pairs, perpetual futures with up to 100x leverage, and tokenized stocks. Gemini has completed SOC 1 Type 2 and SOC 2 Type 2 examinations, which show its commitment to security. The exchange also holds licenses in North America, Europe, and Asia.
Gemini is the best Binance alternative for beginners, thanks to its clear and simple interface that lets you set recurring purchases and dynamic price alerts. You can also choose between two trading interfaces – Basic and Advanced. On the other hand, beginners may find Binance’s dashboard overwhelming due to its extensive features and detailed trading charts.
What does Gemini do better than Binance?
Unlike Binance, Gemini is available in all US states. It also has a more intuitive dashboard, and it focuses on high-cap cryptocurrencies. This enables beginners to dip their toes into the world of cryptocurrencies before they start investing in highly volatile tokens, such as those listed on the Binance Alpha platform.
Pros:
- Available in all US states
- The first crypto exchange to achieve (SOC) 1 Type 2 and SOC 2 Type 2 certifications
- Intuitive dashboard
- Two trading interfaces – Basic and Advanced
- Focuses on high-cap cryptocurrencies
Cons:
- Limited number of supported tokens
- High trading commissions
6. eToro — Binance Alternative for Commission-Free ETF Trading
eToro is a centralized exchange that lets you trade stocks, cryptocurrencies, indices, commodities, and over 700 ETFs, including index ETFs, dividend ETFs, bond ETFs, and commodity ETFs. For comparison, Binance doesn’t support indices, commodities, stock trading, or ETFs. You can only trade tokenized stocks. eToro charges zero commission on ETF trades, regardless of the size of the order, and a 1% fee on crypto trades.
Both platforms offer a demo account. eToro gives you $100,000 in virtual funds that you can use to practice trading stocks, crypto, commodities, and ETFs, while on Binance’s demo account, you get a smaller virtual balance – $15,000. Furthermore, eToro is a much more trustworthy and transparent platform than Binance, as it’s overseen globally by leading financial regulators like the FCA, ASIC, and CySEC.
What does eToro do better than Binance?
Simply put, eToro is more than just a cryptocurrency exchange. You can buy and sell thousands of stocks and ETFs from around the world, along with commodities like gold and oil. eToro also offers incredible safety and security systems, has never been hacked, and has FDIC-insured fiat accounts up to $250,000.
Pros:
- Trade stocks, cryptocurrencies, indices, commodities, and ETFs
- Supports index ETFs, dividend ETFs, bond ETFs, and commodity ETFs
- Charges zero commission for ETF trades
- Regulated by FCA, ASIC, and CySEC
Cons:
- Limited selection of cryptocurrencies
- Charges 1% for buying and selling crypto
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Visit eToro7. MEXC — Binance Alternative for Low Trading Fees
If you’re finding that Binance’s trading fees are eating into your profit, try out the MEXC exchange and take advantage of its 0% fees for makers (limit orders). Plus, $MX token holders get up to a 50% discount on spot trading fees. If that doesn’t entice you to sign up, its meme coin selection, which includes Bonk, dogwifhat, Popcat, and Smoking Chicken Fish, will catch your eye.
Another advantage MEXC provides is the absence of KYC, so you can trade anonymously. Moreover, demo accounts are great for practicing different trading strategies, while copy trading works best if you want to let pro traders guide your positions.
What does MEXC do better than Binance?
MEXC offers much greater leverage compared to Binance (500x vs 125x), effectively reducing counterparty risk and boosting your winning trades. At MEXC, you can trade over 1,980+ tokens, making it the exchange with the most coins, unlike Binance, which has just over 600 listed cryptocurrencies.
Pros:
- 0% trading fees for limit orders
- Buy and sell over 1,980 markets
- Instant crypto withdrawals
- Up to 500x leverage on perpetual futures
Cons:
- Fiat deposits with hefty fees
- Has faced regulatory issues
8. Margex — Best Binance Alternative for Anonymous Trading
Unlike Binance, which requires you to pass its Know Your Customer (KYC) check, you can sign up at Margex with just your email. In other words, Margex is one of the few secure exchanges that allows you to trade anonymously while offering a solid selection of 45+ coins and leverage of up to 100x.
Another great thing about Margex is its advanced charting and indicator features, which allow you to find the perfect entry or exit points. MA Cross, Money Flow Index, and MACD are just some of the technical analysis tools available on this exchange, making it suitable for experienced traders. Margex also boasts a few other tools that caught our eye, like copy trading, which allows you to mimic the positions of profitable traders. You can also stake your favorite tokens and earn a risk-free yield while waiting to place your next trade.
What does Margex do better than Binance?
Unlike Binance’s rigorous identity verification processes, Margex doesn’t require KYC and offers a 100x margin on certain perpetual futures pairs that Binance does not. In addition, it offers the most user-friendly mobile apps among all the exchanges we tested.
Pros:
- No-KYC crypto exchange
- 100x leverage on perpetual futures
- Advanced charts and indicators
- Tons of features like staking and copy-trading
Cons:
- Can’t trade spot markets
- Unregulated
9. Kraken — Best Alternative to Binance for Trading on Mobile
If you want to trade via a beginner-friendly mobile app, the Kraken exchange is a great Binance alternative. Its app is available from the App Store and Google Play and gives you access to over 690 tokens. You simply hit the instant Buy/Sell button, and you’re good to go.
Kraken offers fiat deposits and withdrawals in far more countries than Binance. Even better, the platform supports free withdrawals via bank transfers. Another thing we like about this exchange is the ease of placing orders, which can be overly complicated at Binance. Kraken also provides up to 50x margin on perpetual futures and futures trading fees as low as 0.02%. If you are a big-time trader, you can even qualify for rebates, as fees decrease with larger trading volumes.
What does Kraken do better than Binance?
Binance’s smartphone app isn’t the best, making it hard to place trades from your mobile. Fortunately, Kraken comes with a highly responsive app, and thanks to the instant Buy/Sell option, you can execute trades within seconds. Kraken has also done a good job of placating authorities and getting licenses in the US, Canada, and the UK.
Pros:
- User-friendly instant Buy/Sell feature
- Trade over 360 cryptocurrencies
- Licensed to operate worldwide, including the US
- Accepts fiat deposits and withdrawals
- Very low fees
Cons:
- Margin trading is restricted in many countries
- Requires ID verification
10. KuCoin — Best Alternative to Binance for Airdrops
If you’re hunting for airdrops, opt for KuCoin. This CEX lets you earn free crypto airdrops by completing simple tasks via its GemSlot platform. You can also discover and earn free token airdrops by staking KCS, USDT, and other specified assets in separate pools, while its HODLer Airdrops program rewards you with token airdrops based on the historical snapshots of your balances.
KuCoin’s airdrop program provides access to speculative tokens with a high growth potential, such as SEEK, XMN, and STABLE. Binance airdrops usually involve mainstream altcoins, like IOST and SNS. On the downside, both platforms charge a 0.1% maker fee and are unavailable in the US.
What does KuCoin do better than Binance?
KuCoin supports more digital assets than Binance, 1,048+ vs 600, and its airdrop program focuses on speculative tokens with a high growth potential, making it more suitable for diversification. KuCoin is also a more user-friendly alternative to Binance.
Pros:
- Supports over 1,000 coins and tokens
- Earn free crypto airdrops by completing simple tasks
- Trade speculative tokens with a high growth potential
Cons:
- Limited fiat on-ramp options
- Not available in the US
- Lower trading volume and liquidity than Binance
Reasons to Look for an Alternative to Binance
It could be argued that Binance is no longer the king of the crypto world. This is because many exchanges have now caught up with and surpassed the famous platform. Here are the key reasons why we choose to trade elsewhere:
- Binance is facing regulatory issues — Binance keeps leaving countries due to authorities becoming frustrated with their unlicensed operations and inaction on money laundering. For example, Binance was banned in the Philippines and Nigeria in 2024. It has also severely limited its services, including margin trading and loans, in countries like the USA. Many jurisdictions require a Binance alternative to buy and sell crypto and access advanced features.
- Save money by trading at an exchange with lower fees — Binance is not the crypto market leader when it comes to trading fees. If you trade less than $1 million per month, which is pretty much all Binance users, you’ll pay 0.10% per trade. While it offers competitive fees, you could save hundreds or even thousands of dollars every month by trading at MEXC, which charges 0% fees for spot trading.
- Purchase tokens not available on Binance — While you can trade over 60 cryptocurrencies at Binance, there are literally thousands of tokens out there. Many have already increased by 10,000% or more by the time Binance finally lists them. If you want to catch the next Ethereum or Solana in its infancy, you’ll have to register at other exchanges.
- Buy cryptocurrency without passing KYC checks — Binance is desperately trying to get in the authorities’ good books, and this means it has implemented mandatory verification for all users. You’ll have to upload your ID and scan your face to trade at Binance. To avoid this invasion of privacy and maintain your anonymity, you’ll have to find a no-KYC exchange like Margex.
- Trade crypto effortlessly — Binance is better suited to more advanced traders with its complicated features and software. If you just want to hit buy and instantly purchase crypto, Kraken is a great option, especially considering its much better-designed app.
- Access fiat payments — Unfortunately, Binance has scrapped fiat deposits and withdrawals in many countries. Luckily, at eToro, you can easily deposit and withdraw over 10 fiat currencies via Visa, Mastercard, bank transfer, Skrill, PayPal, and Neteller.
- Keep your funds safe — Binance has been hacked in the past, notably in October 2022, when cybercriminals ran off with two million BNB (Binance Coin) tokens worth over $500 million. To protect your assets, you may want to stick to exchanges that provide more robust security measures, as well as insurance for fiat and stock balances.
How to Pick The Best Binance Alternative: Our Methodology
Picking an alternative to the biggest crypto exchange is no easy task, so we did the heavy lifting for you. We hand-tested each platform on our list, based on the criteria below. Take a look and use them as a guideline to decide which exchange to use instead of Binance:
Coin Support (30%)
While Binance does have a good selection of tradable coins, some exchanges like Best Wallet and MEXC dwarf it, offering 1,000 and 2,000+ cryptos, respectively. Picking such exchanges is crucial if you want to diversify your portfolio or catch new and exciting projects early. For those reasons, we ranked Binance alternatives with more coins higher, and you should also consider this when making your choice.
Privacy & Security (25%)
Robust security is non-negotiable when picking a crypto exchange. Binance is considered safe, but some platforms do better in certain areas, so we’ve taken this into account during our research. For example, unlike Binance, Best Wallet doesn’t require KYC and offers non-custodial storage. This means only you have control over your crypto, which eliminates risks like asset freezing and personal data leaks.
Global Availability (20%)
We looked for crypto exchanges that have a presence in countries where Binance is unavailable or has limited features, such as the US and Canada. OKX, Kraken, and Coinbase stood out due to their emphasis on regulation compliance, which in turn allows them to operate in countries where Binance is restricted. So, if you’re looking for the best US-based crypto exchanges, those two should be on your radar.
Ease of Use (15%)
Last but not least, we tested the user-friendliness and intuitiveness of each Binance alternative on our list. Binance has excellent features, but they’re usually overwhelming for beginners. With this in mind, we awarded extra points to platforms with intuitive mobile and web apps, such as Coinbase and Gemini.
Conclusion: What Is The Best Binance Alternative?
After much deliberation, we consider OKX the best alternative to Binance. Like Binance, OKX supports a wide range of trading services, including spot and futures trading and staking. However, this CEX charges lower trading fees, making it more suitable for active traders. In addition to that, its native token holders get a higher fee discount – 40% vs 25%. OKX also stands out for its pre‑built trading bots and flexible leverage and margin controls, while Binance offers only basic bots.
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