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Binance vs Coinmama

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-12
Binance4.2

The largest crypto exchange by volume: the deepest bitcoin liquidity anywhere, the lowest headline spot fee of any major platform, and quarterly proof of reserves, under a settled US case and an independent monitor.

Coinmama3.9

A card-first broker that sends bitcoin straight to your own wallet instead of holding it for you.

Verdict: Binance

Binance rates higher on our rubric: 4.2 against 3.9 for Coinmama.

Criterion
Editorial rating
Binance
4.2
Coinmama
3.9

Binance and Coinmama, 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 and Coinmama compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactBinanceCoinmama
Editorial rating4.2 (favoured on this row)3.9
Published feesFrom 0.1% spot, maker and takerCommission plus card surcharge
Maker fee0.1% at the base tier, falling with 30-day volume and BNB holdingsNot published
Taker fee0.1% at the base tier, falling with 30-day volume and BNB holdingsNot published
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported4234
Countries ranked in181144
Ranks first in10023
Countries shared131131
Security record10 dated events, 2 incidents, latest 2026-06-25No record on file
Founded20172013
HeadquartersNot statedVancouver, Canada (Wellfield Technologies)
Last reviewed2026-08-122026-08-12

Where both Binance and Coinmama 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 and Coinmama, with each platform's position in that guide.
CountryStatusBinance ranksCoinmama ranksComparison
AlbaniaLegal#1#3
AngolaLegal#1#2
AnguillaLegal#1#2
Antigua and BarbudaLegal#1#2
ArgentinaLegal#1#4
ArmeniaLegal#1#2
ArubaLegal#1#2
AustraliaLegal#1#10Best exchanges there
AzerbaijanLegal#1#2
BahamasLegal#1#2
BahrainLegal#2#3
BarbadosLegal#1#2
BelarusLegal#1#2
BelizeLegal#1#2
BhutanUnclear#1#2
BoliviaLegal#1#3
BrazilLegal#1#7
British Virgin IslandsLegal#1#2
BruneiUnclear#1#2Best exchanges there
BurundiLegal#1#2
CambodiaUnclear#1#2
Cape VerdeLegal#1#2
Caribbean NetherlandsLegal#1#2
Cayman IslandsLegal#1#2
Central African RepublicUnclear#1#2
ChadLegal#1#2
ChileLegal#1#4
ColombiaLegal#1#4Best exchanges there
ComorosLegal#1#2
Cook IslandsLegal#2#1
Costa RicaLegal#1#3
CuracaoLegal#1#2
DjiboutiLegal#1#2
DominicaLegal#1#2
Dominican RepublicLegal#1#3
EcuadorLegal#1#3
El SalvadorLegal#2#3
Equatorial GuineaLegal#1#2
EritreaUnclear#1#2
Eswatini / SwazilandLegal#1#2
Falkland IslandsLegal#3#1
FijiLegal#2#1
French PolynesiaLegal#2#1
GambiaLegal#1#2
GeorgiaLegal#1#3Best exchanges there
GrenadaLegal#1#2
GuatemalaLegal#1#2
GuineaLegal#1#2
Guinea BissauLegal#1#2
GuyanaLegal#1#2
HaitiLegal#1#2
HondurasLegal#1#2Best exchanges there
Hong KongLegal#2#3
JamaicaLegal#1#2Best exchanges there
JordanLegal#2#3
KazakhstanLegal#1#2
KiribatiLegal#2#1
KuwaitRestricted#2#3Best exchanges there
KyrgyzstanLegal#1#2
LaosUnclear#1#2
LebanonUnclear#1#2
LesothoLegal#1#2
LiberiaLegal#1#2
MacaoUnclear#1#2
MadagascarLegal#1#2
MaldivesUnclear#1#2
Marshall IslandsLegal#2#1
MauritaniaLegal#1#2
MauritiusLegal#1#3
MexicoLegal#1#4Best exchanges there
MicronesiaLegal#2#1
MoldovaLegal#1#3
MongoliaLegal#1#2
MontenegroLegal#1#3
MontserratLegal#1#2
MoroccoUnclear#1#2Best exchanges there
MozambiqueLegal#1#2
NamibiaLegal#1#2Best exchanges there
NauruLegal#2#1
Netherlands AntillesLegal#1#2
New CaledoniaLegal#2#1
New ZealandLegal#2#4
NicaraguaLegal#1#2
NigerLegal#1#2
NiueLegal#2#1
Norfolk IslandLegal#2#1
North MacedoniaLegal#1#3
OmanLegal#2#3
PakistanLegal#1#2Best exchanges there
PalauLegal#2#1
PalestineUnclear#1#2
PanamaLegal#1#3
Papua New GuineaLegal#2#1
ParaguayLegal#1#3
PeruLegal#1#4
Pitcairn IslandsLegal#3#1
SamoaLegal#2#1
São Tomé and PríncipeLegal#1#2
Saudi ArabiaUnclear#2#3
SerbiaLegal#1#3
SeychellesLegal#1#3
Sierra LeoneLegal#1#2
Sint MaartenLegal#1#2
Solomon IslandsLegal#2#1
SomaliaUnclear#1#2
South SudanUnclear#1#2
Sri LankaUnclear#1#2
St. HelenaLegal#3#1
St. Kitts and NevisLegal#1#2
St. LuciaLegal#1#2
St. Vincent and the GrenadinesLegal#1#2
SurinameLegal#1#2
TaiwanLegal#1#3
TajikistanLegal#1#2
ThailandLegal#1#3
Timor LesteLegal#1#2
TokelauLegal#3#1
TongaLegal#2#1
Trinidad and TobagoLegal#1#2
TurkmenistanUnclear#1#2
Turks and CaicosLegal#1#2
TuvaluLegal#2#1
UkraineLegal#1#3Best exchanges there
United Arab EmiratesLegal#2#4
UruguayLegal#1#3
VanuatuLegal#2#1
VenezuelaUnclear#1#2Best exchanges there
VietnamLegal#1#3
Wallis and Futuna IslandsLegal#3#1
Western SaharaUnclear#1#2
ZimbabweUnclear#1#2

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.

Binance10 events

  1. 2026-06-25Licence

    Failed to obtain a MiCA licence and stopped serving EU clients

  2. 2025-12-08Licence

    Abu Dhabi regulator licensed the main Binance.com platform

  3. 2025-10-10Outage

    Pricing failure forced liquidations, 283 million dollars repaid

The full record, with sources, in the Binance review

Frequently asked questions

Is Binance or Coinmama better?

Binance rates higher on our rubric: 4.2 against 3.9 for Coinmama. 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 or Coinmama?

Binance: From 0.1% spot, maker and taker. Coinmama: Commission plus card surcharge. 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 and Coinmama?

Both are ranked in our guides for 131 countries, including Albania, Angola, Anguilla, Antigua and Barbuda, Argentina. Binance is ranked in 181 countries in all and Coinmama in 144; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Binance or Coinmama had a security incident?

Binance carries 2 incidents among 10 dated events, the latest on 2025-10-10: Pricing failure forced liquidations, 283 million dollars repaid. Coinmama carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.

Do Binance and Coinmama require ID verification?

Binance: required; identity verification is mandatory for all users; there is no unverified tier.. Coinmama: required; identity verification is required before your first purchase..

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

More comparisons

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