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Venezuela

Binance in Venezuela

Rank in Venezuela
#1 of 2
Bitcoin in Venezuela
Unclear
Our rating
4.2
Review updated
2026-08-12

Yes. Binance serves Venezuela and ranks first of the 2 exchanges in our Venezuela guide, on fees, security record and local payment support. Here it takes P2P trades with bolivar bank transfer, Pago Móvil and Credit or debit card; P2P trades with bolivar 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.

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Rank in Venezuela
#1 of 2
Fees
From 0.1% spot, maker and taker
KYC
Required
Pays with in Venezuela
P2P trades with bolivar bank transfer, Pago Móvil, Credit or debit card
Currency
Venezuelan bolivar (VES)

How to pay on Binance in Venezuela

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

Credit or debit card:
limited

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 Venezuela

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

Bitcoin exchanges ranked in Venezuela 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 takerRequiredP2P trades with bolivar bank transfer, Pago Móvil, Credit or debit card
2Coinmama3.9Commission plus card surchargeRequiredPago Móvil, Credit or debit card

Full comparison in the Venezuela guide

Frequently asked questions

Is Binance available in Venezuela?

Yes. Binance ranks first of the 2 exchanges in our Venezuela guide, ranked on fees, security record and local payment support. Here it takes P2P trades with bolivar bank transfer, Pago Móvil and Credit or debit card; P2P trades with bolivar bank transfer is the rail local buyers lead with. Our Venezuela guide was last reviewed 2026-08-20 and the Binance review on 2026-08-12.

What payment methods does Binance accept in Venezuela?

In Venezuela, Binance takes P2P trades with bolivar bank transfer, Pago Móvil and Credit or debit card. Worth knowing before you fund: Credit or debit card, limited. These are the localized rails from our Venezuela 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 Venezuela rule, so it applies wherever Binance operates.

Is bitcoin legal in Venezuela?

Venezuela built a formal crypto framework and then let it collapse. The regulator Sunacrip has been paralyzed since a March 2023 corruption scandal put its leadership in jail and the agency into an extended reorganization, and the state's own petro token was shut down in January 2024.

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