Binance in Guyana
- Rank in Guyana
- #1 of 2
- Bitcoin in Guyana
- Legal
- Our rating
- 4.2
- Review updated
- 2026-08-12
Yes. Binance serves Guyana and ranks first of the 2 exchanges in our Guyana guide, on fees, security record and local payment support. Here it takes P2P trades settled by local bank transfer, Credit or debit card and International bank transfer; P2P trades settled by local bank transfer 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.
How to pay on Binance in Guyana
The deposit rails Binance offers to buyers in Guyana, from our Guyana guide reviewed 2026-08-20. Each one links to how that rail works here.
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.
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.
- Licence
Failed to obtain a MiCA licence and stopped serving EU clients
- Licence
Abu Dhabi regulator licensed the main Binance.com platform
- Outage
Pricing failure forced liquidations, 283 million dollars repaid
- Resolved
SEC dropped its 2023 lawsuit against Binance and its founder
- Enforcement
Nigeria held a Binance compliance executive for eight months
Is bitcoin legal in Guyana?
Buying and holding bitcoin is not prohibited in Guyana, but the state is openly skeptical. The Bank of Guyana has warned repeatedly that cryptocurrency is not legal tender and carries serious risks, and in 2020 the Attorney General publicly stressed that crypto schemes operate outside the law after a high-profile investment scam. No exchange is licensed domestically, so all activity runs through foreign platforms and peer-to-peer trades without local protection.
Every exchange we rank in Guyana
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | BinanceThis page | 4.2 | From 0.1% spot, maker and taker | Required | P2P trades settled by local bank transfer, Credit or debit card, International bank transfer |
| 2 | Coinmama | 3.9 | Commission plus card surcharge | Required | Credit or debit card, International bank transfer |
Frequently asked questions
Is Binance available in Guyana?
Yes. Binance ranks first of the 2 exchanges in our Guyana guide, ranked on fees, security record and local payment support. Here it takes P2P trades settled by local bank transfer, Credit or debit card and International bank transfer; P2P trades settled by local bank transfer is the rail local buyers lead with. Our Guyana guide was last reviewed 2026-08-20 and the Binance review on 2026-08-12.
What payment methods does Binance accept in Guyana?
In Guyana, Binance takes P2P trades settled by local bank transfer, Credit or debit card and International bank transfer. These are the localized rails from our Guyana 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 Guyana rule, so it applies wherever Binance operates.
Is bitcoin legal in Guyana?
Buying and holding bitcoin is not prohibited in Guyana, but the state is openly skeptical. The Bank of Guyana has warned repeatedly that cryptocurrency is not legal tender and carries serious risks, and in 2020 the Attorney General publicly stressed that crypto schemes operate outside the law after a high-profile investment scam.
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
- DOJ: Binance and CEO plead guilty to federal charges in $4B resolution (Nov 2023)
- Binance proof of reserves
- Binance fee schedule
- Cryptonews: CZ says he will not return to Binance after pardon
- Lightspark: Is crypto legal in Nigeria
- Kaieteur News: Attorney General on cryptocurrency's legal status in Guyana
- Upay research: crypto adoption in Guyana
