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Binance vs Relai

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

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.

Relai4.5Bitcoin-only

Swiss bitcoin-only app with SEPA instant buys, self-custody by default, and a MiCA license covering the EEA.

Verdict: Relai

Relai rates higher on our rubric: 4.5 against 4.2 for Binance.

Criterion
Editorial rating
Binance
4.2
Relai
4.5

Binance and Relai, 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 Relai compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactBinanceRelai
Editorial rating4.24.5 (favoured on this row)
Published feesFrom 0.1% spot, maker and takerAround 1% per purchase
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-onlyNoYes
Payment rails supported426
Countries ranked in18139
Ranks first in10011
Countries shared2929
Security record10 dated events, 2 incidents, latest 2026-06-25No record on file
Founded20172020
HeadquartersNot statedZurich, Switzerland
Last reviewed2026-08-122026-08-12

Where both Binance and Relai 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 Relai, with each platform's position in that guide.
CountryStatusBinance ranksRelai ranksComparison
AustriaLegal#7#3Best exchanges there
BelgiumLegal#7#2Best exchanges there
BulgariaLegal#7#4
CroatiaLegal#7#4
CyprusLegal#7#2Best exchanges there
Czech RepublicLegal#7#4
DenmarkLegal#7#2Best exchanges there
EstoniaLegal#7#2
FinlandLegal#7#2Best exchanges there
FranceLegal#7#2
GermanyLegal#7#3Best exchanges there
GreeceLegal#7#2
HungaryLegal#7#4
IcelandLegal#6#1Best exchanges there
IrelandLegal#7#2Best exchanges there
ItalyLegal#7#2Best exchanges there
LatviaLegal#7#2
LiechtensteinLegal#6#2
LithuaniaLegal#7#2
LuxembourgLegal#7#2Best exchanges there
MaltaLegal#7#2
NorwayLegal#6#1Best exchanges there
PolandLegal#7#4Best exchanges there
PortugalLegal#7#2
RomaniaLegal#7#4
SlovakiaLegal#7#4
SloveniaLegal#7#4
SpainLegal#7#2Best exchanges there
SwedenLegal#7#2Best exchanges there

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 Relai better?

Relai rates higher on our rubric: 4.5 against 4.2 for Binance. 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 Relai?

Binance: From 0.1% spot, maker and taker. Relai: Around 1% per purchase. 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 Relai?

Both are ranked in our guides for 29 countries, including Austria, Belgium, Bulgaria, Croatia, Cyprus. Binance is ranked in 181 countries in all and Relai in 39; 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 Relai 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. Relai 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 Relai require ID verification?

Binance: required; identity verification is mandatory for all users; there is no unverified tier.. Relai: required; identity verification is required, in line with Relai's Swiss and EU regulatory obligations..

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

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