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Binance vs Bitso: fees, licences and P2P

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only Binance is licensed by FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), and FSCA.
Only Bitso is licensed by GFSC, CNBV, and BCB.
Only Bitso supports SPEI and PIX for deposits and withdrawals.

Criterion	Binance	Bitso
Rating	4.7/5 on other platforms 5M ratings	4.4/5 on other platforms 105.9K ratings
Regulators	FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), FSCA	GFSC, CNBV, BCB
Spot trading fees	maker 0.1%, taker 0.1%	maker 0.6%, taker 0.78%
USDT withdrawal	0.01 USDT on BEP20, 0.04 USDT on AVAXC, 0.04 USDT on OPTIMISM +6	0.01 USDT on POLYGON, 0.02 USDT on ERC20, 0.75 USDT on SOL +1
P2P trading	yes, in 112 local currencies	—
Futures	yes, up to 1:150	—
Proof of reserves	published	published
Deposits and withdrawals	Bank transfer	SPEI, PIX, Bank transfer
Not available in	United States, Canada, Netherlands, Cuba, North Korea, Iran	Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Central African Republic, China +30
	Read review	Read review

Which regulators license Binance and Bitso?

Binance is licensed by FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), and FSCA; Bitso by GFSC, CNBV, and BCB.