Compare
Binance VS BF Bitfinex
Both exchanges offer Spot, Margin. The differences below come from our individual reviews of Binance and Bitfinex.
| Binance | Bitfinex | |
|---|---|---|
| Founded | 2017 | 2012 |
| Regions | Available in most regions through Binance's global platform or regional entities (e.g. Binance.US); product availability and derivatives access vary significantly by region: verify local availability before signing up. | Blocked for US persons and entities since a 2021 New York Attorney General settlement. Available in most other regions, with licensed derivatives operations in El Salvador; verify local availability before signing up. |
| Products | Spot, Margin, USDT-margined futures, Coin-margined futures, Bots (grid, DCA) | Spot, Margin, Peer-to-peer margin funding, Perpetual and dated futures, Securities and OTC block trades |
| Maker fee | Verify current tier: Binance uses a volume- and BNB-discount-based schedule | 0% as of a December 2025 platform-wide change; verify this remains current, since fee policy can shift again |
| Taker fee | Verify current tier: Binance uses a volume- and BNB-discount-based schedule | 0% as of a December 2025 platform-wide change; verify this remains current, since fee policy can shift again |
Binance pros
- Broadest asset listing of any major exchange
- Deepest overall liquidity, which matters most for larger orders
- Built-in grid and DCA bot tools without needing a third-party service
Bitfinex pros
- Eliminated maker and taker fees across spot, margin, derivatives, and OTC trading platform-wide in December 2025, with no volume tiers or token-holding requirements
- Deep order-book liquidity and a mature peer-to-peer margin funding market that lets users lend idle assets directly to traders for yield
- One of the longest continuous operating histories in the industry, dating to 2012, and still functioning after surviving its own major hack
- A meaningful share of the bitcoin stolen in 2016 is now being returned to the exchange following a landmark US Department of Justice forfeiture case
This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.