Binance vs Bitfinex - HodlCue
HodlCue

Provider comparison

Binance vs Bitfinex

Binance vs Bitfinex: compare maker / taker fee, supported coins, fees, regulation, and custody in one head-to-head table.

Binance

Binance

Binance is a major cryptocurrency exchange offering a wide range of trading options. It is not available to U…

VS
Bitfinex

Bitfinex

Bitfinex is a custodial exchange that does not allow US users and lacks proof of reserves. This review covers…

Head-to-head comparison

Maker / taker fee

Binance

Spot 0.10%/0.10%, lower with BNB and volume tiers

Bitfinex

Spot maker 0.10%/taker 0.20%, lower by volume

Supported coins

Binance

350+

Bitfinex

~170

Fiat on-ramps

Binance

Bank, card, P2P, third-party providers

Bitfinex

Bank wire (limited), third-party card

KYC level

Binance

required

Bitfinex

required

US allowed

Binance

Bitfinex

Proof of Reserves

Binance

y - Merkle-tree PoR published

Bitfinex

n (no standardized user-verifiable PoR published)

Order-book depth

Binance

Deepest global liquidity

Bitfinex

Very high on majors, deep margin/funding market

Instruments

Binance

spot, futures, margin, options, staking, earn

Bitfinex

spot, margin, derivatives, P2P funding (lending)

Pros & cons

Binance

Binance

Pros

  • Wide selection of cryptocurrencies
  • High liquidity and low trading fees
  • Proof of reserves for transparency
  • Advanced trading features and tools

Cons

  • Not available to US users
  • Custodial platform, not non-custodial
  • Past security breaches and regulatory issues
Bitfinex

Bitfinex

Pros

  • Wide range of trading pairs and advanced tools
  • Margin trading and lending available
  • High liquidity for major cryptocurrencies

Cons

  • No proof of reserves, reducing transparency
  • Not available to US residents
  • Custodial platform requires trust in the exchange
Binance

Binance

Binance is a major cryptocurrency exchange offering a wide range of trading options. It is not available to US users and does not offer non-custodial services, but it provides proof of reserves for transparency.

Bitfinex

Bitfinex

Bitfinex is a custodial exchange that does not allow US users and lacks proof of reserves. This review covers what it offers, who it suits, and what to check before signing up.

Risk warning: Cryptocurrency is a volatile, high-risk asset class. Prices can fall as well as rise, and you could lose some or all of the money you put in. Custodial providers carry counterparty risk; self-custody puts key security entirely on you. This page is general information, not financial advice.

Not the right match?

Line up any two providers side by side, or browse the full list to find your next platform.