Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Binance Futures Reg

A plan byBinance Futures

4.5/5 1.1/5 · Data verified on

The leading futures CEX by volume, with daily trading between $35B and $73B, leverage up to 125x and fees of 0.02%/0.05%. The 2023 DOJ fine and fragmented regulation weigh on it, alongside the general risks tied to the Binance exchange.

Reg

Cashback currency
Nessuno
Required staking
Nessuno
Net annual cost
Free
Maker fee
0.02%
Taker fee
0.05%
0.05%
Taker fee
0.02%
Maker fee
$50B
24h volume
Derivatives
Markets
Custodial
Custody
61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

Data & conditions

Maker / Taker fee 0.02% / 0.05%
Markets Derivatives
Max leverage 125×
Supported assets 350+
Trading pairs 350+
24h volume $50B
Fiat on-ramp Yes
Deposit methods Bank transfer, Credit/Debit card, P2P trading, Crypto deposit, Third-party processors
Geo restrictions USA, Singapore, Ontario (Canada)
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA, APAC, LATAM, MENA · 180+ countries
Regulator VARA, multiple
OAM Italy registration Yes
Segment B2C
MiCA / License status VASP Licenze locali (vedi Binance)

Strengths

  • #1 futures CEX; $35-73B 24h; 125x leverage; fee 0,02%/0,05%.
  • No notable sovereignty advantage documented.

Weaknesses

  • Fine DOJ 2023; regulation fragmented.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (Licenze locali (vedi Binance)): reporting to authorities and freezes on order.
  • Geographic restrictions (USA, Singapore, Ontario (Canada)).

Verdict

A D ★ 4.5/5 ★ 1.1/5

The high rating rewards unmatched liquidity ($35-73B traded daily) and rock-bottom 0.02%/0.05% fees, which for the average user mean efficient execution and tight spreads. On the downside sit the 2023 DOJ fine and fragmented regulation across local licenses, plus leverage of up to 125x that is a trap for anyone who cannot size risk.

On this lens the verdict collapses: full custody of funds, full KYC and the lowest privacy score in the group make Binance Futures the opposite of the crypto-native ideal. You gain liquidity and depth, but surrender all control over keys, identity and the ability to operate without permission.

Privacy & anonymity 30% 0.5
Fund control 20% 0.0
Censorship resistance 20% 1.5
Costs 10% 4.5

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

What are Binance Futures's fees?

On Binance Futures, USDⓈ-M futures fees are maker 0.02% / taker 0.05%. They drop with monthly volume and VIP tier.

Is Binance Futures regulated in Europe?

Regulatory status of Binance Futures: Licenze locali (vedi Binance). Licence: VASP.

Does Binance Futures publish Proof of Reserves?

Proof of Reserves publication is not documented for Binance Futures. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.

Can I send transfers to third-party IBANs from Binance Futures?

No, Binance Futures is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.

Does Binance Futures support derivatives and futures?

Binance Futures offers derivatives trading, with up to 125x leverage.

Sources

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Update history

✓ Terms unchanged since Jul 16, 2026

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