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Binance vs OSL: 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 OSL is licensed by SFC.

Criterion	Binance	OSL
Rating	4.7/5 on other platforms 5M ratings	4.4/5 on other platforms 635 ratings
Regulators	FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), FSCA	SFC
Spot trading fees	maker 0.1%, taker 0.1%	maker 0%, taker 0.05%
USDT withdrawal	0.01 USDT on BEP20, 0.04 USDT on AVAXC, 0.04 USDT on OPTIMISM +6	—
P2P trading	yes, in 112 local currencies	—
Futures	yes, up to 1:150	—
Proof of reserves	published	not published
Deposits and withdrawals	Bank transfer	Bank transfer
Not available in	United States, Canada, Netherlands, Cuba, North Korea, Iran	—
	Read review	Read review

Which regulators license Binance and OSL?

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