We may earn a commission if you open an account or buy a challenge through links on this page. Commissions never change our scores. How we make money

Binance vs KuCoin: 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 KuCoin is licensed by FMA (Austria).
Only Binance supports Bank transfer for deposits and withdrawals.

Criterion	Binance	KuCoin On our watch list: check recent regulator actions and withdrawal reports before using it.
Rating	4.7/5 on other platforms 5M ratings	4.4/5 on other platforms 291.6K ratings
Regulators	FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), FSCA	FMA (Austria)
Spot trading fees	maker 0.1%, taker 0.1%	maker 0.1%, taker 0.1%
USDT withdrawal	0.01 USDT on BEP20, 0.04 USDT on AVAXC, 0.04 USDT on OPTIMISM +6	0.5 USDT on TON, 0.8 USDT on POLYGON, 1 USDT on BEP20 +5
P2P trading	yes, in 112 local currencies	yes, in 67 local currencies
Futures	yes, up to 1:150	Yes
Proof of reserves	published	published
Deposits and withdrawals	Bank transfer	—
Not available in	United States, Canada, Netherlands, Cuba, North Korea, Iran	United States, Puerto Rico, Guam, Northern Mariana Islands, American Samoa, Singapore +7
	Read review	Read review

Which regulators license Binance and KuCoin?

Binance is licensed by FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), and FSCA; KuCoin by FMA (Austria).