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Binance TR vs CEX.IO

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-27

Binance's separate Turkish entity, the only one that can handle lira, at 0.1 percent maker with free bank transfers.

A card-friendly exchange licensed across most of the US, but currently closed to deposits and trading in Europe.

Verdict: Binance TR

Binance TR rates higher on our rubric: 4.3 against 4.0 for CEX.IO.

Criterion
Editorial rating
Binance TR
4.3
CEX.IO
4.0

Binance TR and CEX.IO, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Binance TR and CEX.IO compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactBinance TRCEX.IO
Editorial rating4.3 (favoured on this row)4.0
Published fees0.1% maker on TRY pairsMaker-taker; card costs more
Maker fee0.1 percent on lira pairs, or 0.075 percent paying fees in BNBNot published
Taker fee0.15 percent on lira pairsNot published
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported26
Countries ranked in1146
Ranks first in10
Countries shared11
Security recordNo record on file6 dated events, 1 incident, latest 2026-08-27
Founded20202013
HeadquartersIstanbul, TurkeyLondon, United Kingdom
Last reviewed2026-08-232026-08-27

Where both Binance TR and CEX.IO are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both Binance TR and CEX.IO, with each platform's position in that guide.
CountryStatusBinance TR ranksCEX.IO ranksComparison
TurkeyLegal#1#5

Security records of the exchanges ranked in this comparison

Dated events from each review, newest first: breaches, enforcement actions, licences, audits and proof-of-reserves publications. 1 of the 2 carry no dated record on our reviews yet.

CEX.IO6 events

  1. 2026-08-27Outage

    Deposits and trading unavailable in Europe, withdrawals still open

  2. 2026-08-27Licence

    Money transmitter licences in 38 states and DC under NMLS 1804170

  3. 2026-03-12Licence

    UK entity registered with the FCA under the money laundering rules

The full record, with sources, in the CEX.IO review

Frequently asked questions

Is Binance TR or CEX.IO better?

Binance TR rates higher on our rubric: 4.3 against 4.0 for CEX.IO. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, Binance TR or CEX.IO?

Binance TR: 0.1% maker on TRY pairs. CEX.IO: Maker-taker; card costs more. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both Binance TR and CEX.IO?

Both are ranked in our guides for Turkey. Binance TR is ranked in 1 countries in all and CEX.IO in 146; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Binance TR or CEX.IO had a security incident?

Binance TR carries no dated security record on our review yet, a gap in our records rather than a clean bill. CEX.IO carries 1 incident among 6 dated events, the latest on 2026-08-27: Deposits and trading unavailable in Europe, withdrawals still open. Both reviews list every event with its source.

Do Binance TR and CEX.IO require ID verification?

Binance TR: required. CEX.IO: required; identity verification is required before purchasing..

The full reviews: Binance TR and CEX.IO, each with its sources, and every exchange we review.

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