Centralized exchange · since 2017 Global centralized exchange for spot and derivatives trading, launched in 2017 and the largest by spot volume.
New users: Welcome rewards: up to 100 USD in trading fee rebate vouchers
Claim on Binance ↗
Centralized exchange · since 2017 Global centralized exchange launched in 2017, offering spot, margin, futures, trading bots and earn products.
New users: New-user welcome rewards (USDT and coupons) worth up to 3,200 USDT
Claim on KuCoin ↗
BinanceKuCoin
Trading fees (base tier)
Spot maker0.1%0.1%
Spot taker0.1%0.1%
Futures maker0.02%0.02%
Futures taker0.05%0.06%
Markets (live)
Coins listed1,1891,065
Coins with perpetuals744682
Coins with spot pairs812844
24h volume$73.52B$3.66B
Coins only here707 coins trade on both482358
New listings (detected live)
Last 30 days85
Last 90 days85
Perpetuals listed on both
Cheaper on more coinsof 629 shared perps, by mid price277 coins318 coins
Average funding (24h)positive = longs pay shorts+0.019%+0.011%
Typical price gapmedian between the two venues0.063%0.063%
Safety and access
Proof of reservesYes · monthlyYes · monthly · Hacken
Licenses2Abu Dhabi (ADGM) authorisation to operate (December 2025), Japan: re-entered via acquisition of Sakura Exchange (November 2022)3EU: MiCA authorisation via KuCoin EU (Austria), Australia: AUSTRAC digital currency exchange registration, Thailand: licensed exchange under the Thai SEC
Restricted regions7 regionsUnited States (served by separate Binance.US), Canada, Netherlands, United Kingdom (new sign-ups closed), European Union (no MiCA licence since July 2026)…11 regionsUnited States, Mainland China, Hong Kong, Singapore, Malaysia…
HeadquartersNo official headquarters; operates through regional entities (e.g. Abu Dhabi, Japan)No single official HQ; global operator historically Seychelles-registered (Peken Global Limited); current global Terms of Use are governed by Turks and Caicos Islands law
Exchange tokenBNBKCS
Incidents on record44
Binance or KuCoin?
Binance and KuCoin are compared here on what matters when you choose where to trade: base trading fees, how many coins each lists, how quickly they add new ones, perpetual prices and funding on the coins both list, and safety signals such as proof of reserves and restricted regions. Live numbers update from the exchanges' public market data; fees and policies were checked against each exchange's own pages.
Binance lists 1,189 coins and KuCoin 1,065. 707 coins trade on both, 482 only on Binance and 358 only on KuCoin. In the last 30 days Binance added 8 new coins and KuCoin 5.
On the 629 perpetual contracts listed on both exchanges, Binance was cheaper on 277 and KuCoin on 318, with a typical gap of 0.063%. Gaps like these are what the arbitrage scanner tracks; average 24h funding on the shared coins was +0.019% on Binance and +0.011% on KuCoin.
Fees above are base-tier rates before VIP levels and token discounts; Binance offers 2 discount options and KuCoin offers 3 discount options. Availability depends on where you live, so check the restricted regions before signing up.