Coinbase
vs
Binance
Crypto exchanges
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Coinbase
vs
Binance
Crypto exchanges
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WEEX vs Binance in comparison

Overview

Description

WEEX was founded in 2018 and says it serves 6.2 million users across 150+ countries. It lists 1,173 crypto assets by our count and 1,022 perpetual futures contracts with up to 400x leverage. Spot trades cost 0.10% at the entry tier, and a 1,000 BTC protection fund sits in a public Bitcoin address.

WEEX
Reviews

Binance stands as the preeminent global cryptocurrency exchange, boasting the largest trading volume. Known for its extensive cryptocurrency offerings, competitive fees, and robust features for seasoned users and traders, it also provides a proprietary software wallet, Trust Wallet, for cryptocurrency self-custody.

Binance
Reviews
Pro's & Con's
Pro's
  • 1,173 crypto assets and 1,022 perpetual futures contracts
  • Futures with up to 400x leverage, plus TradFi contracts on metals, stocks and oil
  • Flat 0.10% spot fee at the entry tier; futures at 0.02% maker and 0.08% taker
  • 1,000 BTC protection fund in a public address, and proof-of-reserves snapshots
  • Copy trading with a published 10% profit share, and demo futures
Con's
  • Not open to residents of the US, Canada and other countries its terms exclude
  • No license named; registrations with FinCEN and FINTRAC only
  • Proof of reserves without a named auditor
  • In our view, built for experienced traders more than beginners
Pro's
  • Huge selection of coins
  • Low fees
  • Range of functions

‍

Con's
  • Might be complex for beginners

User Interface

Features Comparison

Type

Centralized Exchange

Centralized Exchange

Tradable Assets
  • Cryptocurrencies
  • Derivatives
  • Cryptocurrencies
  • Derivatives
Fees

0.1

%

Taker Fees

0.10%

Maker Fees

0.10%

Withdrawal Fees

₿

0.00016

0.1

%

Taker Fees

0.10%

Maker Fees

0.10%

Withdrawal Fees

Varies

Taker Fees
Maker Fees
Withdrawal Fees
Number of Cryptocurrencies

1173

+

Payment Methods
No items found.
Min. Deposit

$

1

416

+

Payment Methods
No items found.
Min. Deposit

$

0

Payment Methods
Min. Deposit
Ideal For
Account Opening Time
Fast
Popularity
195K Followers
Fast
Popularity
11.3 Million Followers
Popularity
Own token
WEEX Token (WXT)
WEEX Token (WXT)
  • Lower trading fees through VIP levels 1 to 7, reachable by holding WXT (VIP 1 from 5,000 WXT)
  • Access to WE-Launch airdrops of newly listed tokens
  • A higher commission share for copy-trading lead traders
Binance Coin (BNB)
Advantages
  • 25 % discount on fees
  • Earn interest through staking
  • Access token sales on Binance Launchpad

Exchange Rating

Overall rating
9.8
10
9.4
10
Our individual ratings
Operation
10
7
complicated
simple
Functions & Scope
10
10
simple
extensive
Fees & costs
10
10
simple
extensive
Security & Trust
10
8
simple
extensive
Beginner friendliness
9
8
simple
extensive
Support
8
7
simple
extensive

Functions

Real Coins
Yes
Transferable to own wallet
Yes
Savings plan
Yes
Staking
Yes
NFT Marketplace
No
Tradingtools
Yes
Two-factor authentication
Yes
Deposit protection
Yes
Available for US Users
No
IOS App
Yes
Android App
Yes
Yes
Transferable to own wallet
Yes
Savings plan
Yes
Staking
Yes
NFT Marketplace
No
Tradingtools
Yes
Two-factor authentication
Yes
Deposit protection
No
Available for US Users
No
IOS App
Yes
Android App
Yes
Transferable to own wallet
Savings plan
Staking
NFT Marketplace
Tradingtools
Two-factor authentication
Deposit protection
Available for US Users
IOS App
Android App
Special Features
  • Up to 400x leverage on perpetual futures
  • Copy trading of Elite Traders with a 10% profit share
  • 1,000 BTC Protection Fund
  • Lower VIP fee levels for WXT holders
  • Spot trading, futures trading, margin trading, P2P trading, staking
  • Crypto interest through staking & lending
  • Functions for professional traders
Trading Options
  • Derivatives
  • Margin trading (leverage)
  • Short/Long
  • Futures
  • Derivatives
  • Margin trading (leverage)
  • Short/Long
Crypto trading platforms

Company Details

The Company
WEEX INTERNATIONAL EXCHANGE LTD
Headquarters
Not disclosed
Company size
Large
Large
Regulation
MSB registration (US, Canada)
Founder
Peter
Year of foundation
2018
Nest Exchange Limited
Headquarters
Abu Dhabi, UAE
Company size
Large
Large
Regulation
FSRA (ADGM, Abu Dhabi)
Founder
Changpeng Zhao ("CZ"), Yi He
Year of foundation
2017
Headquarters
Company Size
Regulation
Founder
Year of Formation

Our Review

In our view, WEEX is a strong platform for active traders: 1,173 crypto assets, 1,022 perpetual futures contracts with up to 400x leverage, copy trading and a flat 0.10% spot fee at the entry tier. A 1,000 BTC protection fund and proof-of-reserves snapshots add transparency; WEEX names no license and suits experienced traders more than beginners.

WEEX
User Reviews

Binance is a leading global crypto exchange offering a vast range of cryptocurrencies and low fees, making it ideal for advanced users. Its extensive features include spot, margin, and derivatives trading, as well as staking. However, the platform's complexity can be challenging for beginners, and ongoing regulatory issues may concern some users. Overall, Binance is a powerful tool for experienced traders who prioritize a comprehensive and cost-effective platform.

Binance
User Reviews
By
Ethan Parker
Senior Content Editor

Summary

Copy Trading Challenger vs Ecosystem Giant

Ethan Parker
By
Ethan Parker
Updated:
October 17, 2026

For most active traders outside the US, WEEX is the stronger choice in our view. We rate it higher overall. It offers 1,173 crypto assets compared to 416 on Binance. Its futures leverage extends to 400x. We would pick Binance for options, stocks, and lower futures taker fees on a global platform that is regulated in Abu Dhabi. WEEX does not provide services to US residents, whereas Binance only reaches them through the separate Binance.US exchange.

What trading costs on each side

Spot trading costs are the same at the entry level, with 0.10% for both makers and takers on Binance and almost every pair at WEEX. Binance reduces this to 0.075% if the fee is paid in BNB, while WEEX lowers its rates across nine VIP levels, from VIP 0 to VIP 8, with holding its WXT token as one qualification method.

On USDT perpetual futures, both have a maker fee of 0.02%, with Binance charging takers 0.05% compared to 0.08% at WEEX. Thus, market orders on futures cost less on Binance.

A Bitcoin withdrawal on the Bitcoin network incurs a fixed cost of 0.00016 BTC at WEEX and 0.00002 BTC at Binance, which also offers Lightning withdrawals at 0.000001 BTC. The fee page of Binance mentions that rates may change without notice during network congestion. Neither charges a deposit fee for BTC.

We consider the two platforms level on fees and costs, although based on these figures, Binance is less expensive for futures takers and Bitcoin withdrawals.

Coins, futures and products

WEEX offers 1,173 crypto assets on 1,637 spot pairs, nearly tripling the 416 crypto assets available on Binance. Binance includes 87 bStocks, tokenized US stocks and ETFs, in its spot market, totaling 1,372 spot pairs overall.

WEEX lists 1,022 perpetual contracts, with leverage of up to 400x on BTCUSDT and ETHUSDT. Binance lists 788 stablecoin-margined futures contracts, 571 of them crypto perpetuals and 213 TradFi perpetuals on equities, commodities, indices and FX, plus COIN-M futures and options. In our view, leverage this high is a tool for experienced traders: a small price move can wipe out a position.

Binance also provides US stocks and ETFs, Earn and staking, P2P trading, Auto-Invest, copy trading, and trading bots. Not every product is available in all regions. On the WEEX side, you get copy trading at a 10% share of your net profit for the lead trader, TradFi perpetuals on precious metals, stocks, and crude oil, demo futures with 50,000 USDT in demo funds, and Auto Earn.

We rate the two level on range of functions and WEEX higher for operation.

Regulation, reserves and track record

Since January 2026, the global Binance platform has been regulated by the FSRA of the Abu Dhabi Global Market through three companies, with Nest Exchange Limited as the operator of the exchange. Client assets sit with Nest Clearing and Custody Limited as custodian, segregated from its own assets. No Binance company is in the interim register of crypto-asset service providers authorized under MiCA that ESMA keeps.

In November 2023, Binance Holdings Limited pleaded guilty in the US to failing to maintain an effective anti-money laundering program, operating an unlicensed money transmitting business and sanctions violations, and the four US actions together required Binance to pay over $4.3 billion. The SEC civil case against Binance was dismissed with prejudice in May 2025.

WEEX names no license, and its terms of use name no legal entity. The operator named in US regulator records, WEEX International Exchange LTD, holds a FinCEN registration as a money services business, which is not a license, and regulators in Arkansas and Georgia have ordered it to cease and desist over money transmission without a license. WEEX does keep a 1,000 BTC protection fund in a public Bitcoin address, which its terms treat as supplemental coverage at its sole discretion, not insurance.

Both platforms publish proof of reserves without naming an outside auditor. The monthly Binance snapshot, structured on a Merkle tree with a zk-SNARK proof, showed BTC at 100.16% and USDT at 102.91% of net balances, which since January 2026 include the platform's own assets. The WEEX page showed 146.39% of user BTC and 100.02% of user USDT.

We rate WEEX higher for security and trust.

Verification and support

Binance mandates identity verification with an ID and liveness check for all new users before accessing its products, including deposits and trades. WEEX requires identity verification for specific products and account situations, such as P2P trading, copy trading, and Auto Earn.

According to Binance, its customer support runs 24/7 in 40 languages. We rate WEEX higher for beginners and for support.

Where you can use WEEX and Binance

WEEX is not available in the US. Its terms exclude the United States, its territories, and Canada. Binance.com does not serve those located in, residents of, or citizens of the United States, so US residents use Binance.US, a separate exchange operated by BAM Trading Services Inc. (NMLS ID 1906829) with its own accounts, terms, and fees. Binance.US lists 204 crypto assets and operates in 38 states plus DC and Puerto Rico, but not in states such as New York, Texas, and Washington.

Elsewhere, Binance.com also excludes Canada and the Netherlands, among others, and names no license in the EU or EEA. WEEX names South Korea, mainland China, Hong Kong, Singapore and the United Arab Emirates, among others, and is not in the European register of authorized crypto-asset service providers either.

Residents of the US can find coverage of platforms that accept them on our list of exchanges for US customers and our Is WEEX available in the US? page.

Our verdict by reader

  • Altcoin hunter: in our view WEEX, with 1,173 crypto assets against 416 on Binance; our list of exchanges with a large token selection has more.
  • High-leverage futures trader: in our view WEEX, with leverage of up to 400x on BTCUSDT and ETHUSDT.
  • Trader who wants options, stocks and a lower futures taker fee: in our view Binance, with 0.05% for takers on USDT perpetuals against 0.08% at WEEX.
  • Reader who puts regulation first: in our view Binance, whose global platform is regulated in the ADGM, with its 2023 guilty plea in mind.
  • Bitcoin withdrawals: in our view Binance, at 0.00002 BTC against 0.00016 BTC at WEEX.
  • US resident: Binance.US in the states it serves, since WEEX does not accept US residents.

Our WEEX review and Binance review cover each exchange, and WEEX also competes with Bybit in WEEX vs Bybit.

Questions about WEEX and Binance

Is WEEX better than Binance?

In our view, yes, for most active traders in the countries both serve: we rate WEEX higher overall, and it lists close to three times as many crypto assets. Binance is our pick for options, stocks, lower futures taker fees and a regulated global platform.

Which has lower fees, WEEX or Binance?

Spot fees are the same at 0.10% for makers and takers at the entry level, with Binance reducing to 0.075% if paying in BNB. For USDT perpetual futures, both charge makers 0.02%, while Binance charges takers 0.05% compared to 0.08% at WEEX.

About the author

Ethan Parker
Senior Content Editor

At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.

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