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Binance review (2026)

Binance scores 7.4/10 on our data-led review — strongest for lowest trading fees.

✓ AUSTRAC registered ◌ AFSL: transitional 🌐 Global, est. 2017
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ease7.2
fees9.2
coins8.8
safety5.8
support6.5

Key facts

Trading fee0.1% / 0.1% Instant buy0.5%
AUD depositsPayID · Bank transfer AUD withdrawalFree
Coins listed350+ SMSF / DemoSMSF ✕ · Demo ✕

Data verified 22 July 2026 against 1 source · our data sources

Pros & cons

Pros

  • Free, near-instant AUD deposits via PayID
  • Low trading fees from 0.1%
  • Free AUD withdrawals

Cons

  • Past regulatory penalty in Australia (see safety section)
  • Global platform — support and product decisions are not AU-first

Is Binance safe?

Every incident and regulatory action we track for Binance, with primary sources — updated automatically from our fact database.

Binance Australia Derivatives ordered to pay A$10M penalty (A$10,000,000) source
AUD deposits and withdrawals restored via Bolt Financial Group source
Binance surrendered its Australian derivatives licence source

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FAQ

What are Binance's fees?

Binance charges 0.5% on instant buys and maker/taker fees from 0.1%/0.1%. AUD withdrawals: free.

Is Binance regulated in Australia?

Yes — Binance is AUSTRAC-registered, and operates under ASIC transitional arrangements while Australia’s AFSL licensing regime phases in ahead of April 2027. Check our live AFSL tracker for current status.

How do I deposit AUD on Binance?

Supported AUD deposit methods: PayID · Bank transfer.

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General information only, not financial advice. Fees and features change — always confirm on Binance's own site. Last reviewed 22 July 2026 by the CryptoList Research pipeline. Corrections policy.