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Binance vs Yellow Card

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.

Yellow Card4.1

Africa's largest licensed crypto on-ramp, spanning more than 20 countries with local bank and mobile money rails.

Verdict: Binance

Binance rates higher on our rubric: 4.2 against 4.1 for Yellow Card.

Criterion
Editorial rating
Binance
4.2
Yellow Card
4.1

Binance and Yellow Card, 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 Yellow Card compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactBinanceYellow Card
Editorial rating4.2 (favoured on this row)4.1
Published feesFrom 0.1% spot, maker and takerSpread built into the price
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 supported4213
Countries ranked in18120
Ranks first in10018
Countries shared1919
Security record10 dated events, 2 incidents, latest 2026-06-25No record on file
Founded20172016
HeadquartersNot statedNot stated
Last reviewed2026-08-122026-08-12

Where both Binance and Yellow Card 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 Yellow Card, with each platform's position in that guide.
CountryStatusBinance ranksYellow Card ranksComparison
BeninLegal#2#1
BotswanaLegal#2#1Best exchanges there
Burkina FasoLegal#2#1
CameroonLegal#2#1Best exchanges there
Cote d'IvoireLegal#2#1
DR CongoLegal#2#1
GabonLegal#2#1
GhanaLegal#2#1
KenyaLegal#3#1Best exchanges there
MalawiLegal#2#1
MaliLegal#2#1
Republic of the CongoLegal#2#1
RwandaLegal#2#1
SenegalLegal#2#1
South AfricaLegal#3#2Best exchanges there
TanzaniaUnclear#2#1
TogoLegal#2#1
UgandaLegal#2#1Best exchanges there
ZambiaLegal#2#1Best 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 Yellow Card better?

Binance rates higher on our rubric: 4.2 against 4.1 for Yellow Card. 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 Yellow Card?

Binance: From 0.1% spot, maker and taker. Yellow Card: Spread built into the price. 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 Yellow Card?

Both are ranked in our guides for 19 countries, including Benin, Botswana, Burkina Faso, Cameroon, Cote d'Ivoire. Binance is ranked in 181 countries in all and Yellow Card in 20; 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 Yellow Card 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. Yellow Card 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 Yellow Card require ID verification?

Binance: required; identity verification is mandatory for all users; there is no unverified tier.. Yellow Card: required; identity verification is required, with requirements varying by country..

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

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