Binance Exchange: Features, Risks, and What You Need to Know in 2025
When you think of Binance exchange, the world’s largest cryptocurrency trading platform by volume, founded in 2017 by Changpeng Zhao. Also known as Binance.com, it handles over 70% of all crypto trades globally and supports hundreds of tokens, including its own BNB token, the native coin of the Binance Chain, used for fee discounts, staking, and governance.
Binance isn’t just a trading platform—it’s an ecosystem. You can stake crypto, launch tokens on its launchpad, earn interest through savings, and even trade futures with leverage. But it’s not for everyone. The platform has faced regulatory crackdowns in the U.S., UK, and Canada. In 2023, the SEC sued Binance for operating as an unregistered securities exchange. That’s why many users now split their activity between Binance Global and local exchanges like Binance.US. The crypto exchange, a digital marketplace where users buy, sell, and trade cryptocurrencies still dominates in volume, but trust has eroded in some regions.
Security is another layer. Binance has had major breaches—most notably in 2019, when hackers stole 7,000 BTC. Since then, it built a Secure Asset Fund for Users (SAFU) to cover losses, but that doesn’t mean your funds are guaranteed. Many traders keep only small amounts on Binance and move the rest to cold wallets. Its low fees and deep liquidity make it ideal for active traders, but if you’re new to crypto, the interface can be overwhelming. You’ll find dozens of trading pairs, complex order types, and hidden fees on margin trades. And while Binance offers educational content, it doesn’t hold your hand.
What you’ll find here are real reviews, scam warnings, and comparisons. We’ve covered exchanges like Bitay, Azbit, and Instant Bitex—some with zero fees, others that vanished overnight. We’ve looked at how Binance stacks up against these platforms in security, fees, and user trust. You’ll also see how BNB token performance ties into broader market trends, and why some users abandon Binance after regulatory pressure hits their country. This isn’t a promotional page. It’s a collection of facts, red flags, and hard truths from traders who’ve been burned—and those who still use it wisely.
