Overview
Binance is the world's largest cryptocurrency exchange by trading volume. It offers a vast array of features including Spot trading, Futures, Earn, and a Launchpad for new tokens.
Fees
Binance is known for its low fees, starting at 0.1% for spot trading. Using BNB to pay for fees gives you a 25% discount.
Security
Binance uses a Secure Asset Fund for Users (SAFU) to protect user funds in extreme cases. They also offer 2FA, anti-phishing codes, and withdrawal whitelisting.
Conclusion
For most traders, Binance is the go-to choice due to its liquidity and feature set. However, regulatory issues in some countries can be a concern.