Binance vs Crypto.com
Side-by-side comparison from our sourced exchange data. A dash means we haven't verified that fact — we don't fill gaps with guesses.
| Binance | Crypto.com | |
|---|---|---|
| Editorial score | — | — |
| Founded | 2017 | 2016 |
| Headquarters | — | Singapore |
| Spot maker (base) | 0.1% | 0.25% |
| Spot taker (base) | 0.1% | 0.5% |
| Listed assets | ~600 | ~400 |
| KYC | Required | Required |
| Notably unavailable | United States (Binance.com), Iran, North Korea, Syria | China, Russia, Iran, North Korea |
How they differ
Binance, founded in 2017, is a trading-first global platform with roughly 600 listed assets, card purchases and a peer-to-peer marketplace. Crypto.com, founded in 2016 and headquartered in Singapore, lists about 400 assets and pairs its exchange with an app-based consumer product covering bank transfer, card, Apple Pay and Google Pay funding plus card services. The choice largely tracks whether you want an exchange or a consumer wallet and card ecosystem around it.
Base fees are noticeably different. Binance starts at 0.1% maker and 0.1% taker, discounted 25% to 0.075%/0.075% when fees are paid in BNB. Crypto.com's base exchange tier, for 30-day volume under $10,000, is 0.25% maker and 0.5% taker per third-party fee trackers, with discounts for higher volume and CRO staking. Note that the Crypto.com figures come from third-party trackers because the logged-out official fee page could not be verified, so confirm them before trading.
Both require KYC. Crypto.com requires verification on all accounts to unlock trading, deposits, withdrawals and card services. Its about page cites operations in 90 countries while the app's geo-restriction list blocks roughly 75 markets, including China, Russia, Iran, North Korea, Cuba, Syria and occupied Ukrainian regions; within the US only New York is restricted and the UK is not. Binance takes the opposite shape in those two markets: closed to US residents on Binance.com and no new UK sign-ups since October 2023.
Crypto.com holds the broader recorded licence set, with a Malta MiCA licence from January 2025, a Major Payment Institution licence from the Monetary Authority of Singapore and both FCA cryptoasset registration and Electronic Money Institution authorisation in the UK. Binance holds Dubai VARA and ADGM FSRA permissions. Both have one recorded incident: about $40.7M at Binance in 2019, covered from its SAFU fund, and about $35M across 483 Crypto.com accounts in January 2022, with affected users reimbursed.