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Colombia

Binance in Colombia

Rank in Colombia
#1 of 5
Bitcoin in Colombia
Legal
Our rating
4.2
Review updated
2026-08-12

Yes. Binance serves Colombia and ranks first of the 5 exchanges in our Colombia guide, on fees, security record and local payment support. Here it takes PSE, Credit or debit card, P2P transfers via local banks, Nequi and Daviplata; PSE is the rail local buyers lead with. Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Identity verification is mandatory for all users; there is no unverified tier.

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Rank in Colombia
#1 of 5
Fees
From 0.1% spot, maker and taker
KYC
Required
Pays with in Colombia
PSE, Credit or debit card, P2P transfers via local banks +2
Currency
Colombian peso (COP)

How to pay on Binance in Colombia

The deposit rails Binance offers to buyers in Colombia, from our Colombia guide reviewed 2026-08-20. Each one links to how that rail works here.

Nequi:
through P2P counterparties, not a Binance-operated rail
Daviplata:
through P2P counterparties, not a Binance-operated rail

What Binance charges, and what it asks for

Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.

maker
0.1% at the base tier, falling with 30-day volume and BNB holdings
taker
0.1% at the base tier, falling with 30-day volume and BNB holdings
spread note
Instant buy and card purchases include a spread on top of the disclosed fee; the spot order book is the cheap way in.
deposit note
SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.
withdrawal note
Bitcoin withdrawals charge a network-based fee that varies with congestion.

Identity verification

Required. Identity verification is mandatory for all users; there is no unverified tier.

2 costs by action, on the Binance review

Binance's security and regulatory record

10 dated events on our record since 2019, 6 of them breaches, enforcement actions, insolvencies or outages. Newest first.

  1. Licence

    Failed to obtain a MiCA licence and stopped serving EU clients

  2. Licence

    Abu Dhabi regulator licensed the main Binance.com platform

  3. Outage

    Pricing failure forced liquidations, 283 million dollars repaid

  4. Resolved

    SEC dropped its 2023 lawsuit against Binance and its founder

  5. Enforcement

    Nigeria held a Binance compliance executive for eight months

All 10 events with detail and sources, on the review

Every exchange we rank in Colombia

Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.

Bitcoin exchanges ranked in Colombia by our editorial review of fees, security record and local payment support, with the payment methods each one offers here.
#ExchangeRatingFeesID checkPays with
1BinanceThis page4.2From 0.1% spot, maker and takerRequiredPSE, Credit or debit card, P2P transfers via local banks, Nequi, Daviplata
2Kraken4.7From 0.25% maker, 0.40% takerRequiredCredit or debit card
3Coinbase4.5Maker-taker on Advanced TradeRequiredCredit or debit card
4Coinmama3.9Commission plus card surchargeRequiredPSE, Credit or debit card
5CEX.IO4.0Maker-taker; card costs moreRequiredCredit or debit card

Full comparison in the Colombia guide

Frequently asked questions

Is Binance available in Colombia?

Yes. Binance ranks first of the 5 exchanges in our Colombia guide, ranked on fees, security record and local payment support. Here it takes PSE, Credit or debit card, P2P transfers via local banks, Nequi and Daviplata; PSE is the rail local buyers lead with. Our Colombia guide was last reviewed 2026-08-20 and the Binance review on 2026-08-12.

What payment methods does Binance accept in Colombia?

In Colombia, Binance takes PSE, Credit or debit card, P2P transfers via local banks, Nequi and Daviplata. Worth knowing before you fund: Nequi, through P2P counterparties, not a Binance-operated rail; Daviplata, through P2P counterparties, not a Binance-operated rail. These are the localized rails from our Colombia guide, not the platform's global list.

What does Binance charge?

Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.

Does Binance require identity verification?

Yes. Identity verification is mandatory for all users; there is no unverified tier. Our record marks this as the platform's own policy rather than a Colombia rule, so it applies wherever Binance operates.

Is bitcoin legal in Colombia?

Bitcoin is legal to buy and hold in Colombia, but exchanges remain unregulated: crypto is classified as an intangible asset rather than currency, and it is not legal tender.

Has Binance had security incidents or regulatory action?

Our record for Binance lists 10 dated events since 2019: 1 breach, 4 enforcement actions, 1 outage, 1 proof-of-reserves attestation, 1 resolved case and 2 licences. The most recent, on 2026-06-25: Failed to obtain a MiCA licence and stopped serving EU clients. Each event carries a source on the Binance review.

Binance elsewhere in South America

Binance ranks in 181 countries on this site. the review lists all of them.

Sources