Binance is the world's largest cryptocurrency exchange by trading volume, offering comprehensive margin trading with up to 125x leverage on futures. Founded by Changpeng Zhao (CZ) in 2017, it has grown to serve over 150 million users globally.
Pros & Cons
✅ Pros
- Highest liquidity in crypto markets
- Up to 125x leverage on futures
- Lowest trading fees in the industry
- Extensive range of margin trading pairs
- Advanced trading tools and charting
- Cross-margin and isolated margin options
- Earn interest on margin collateral
❌ Cons
- Not available in USA (use Binance.US with limited features)
- Complex interface for beginners
- Regulatory scrutiny in multiple countries
- Customer support can be slow during peak times
- KYC required for higher leverage
Fee Structure
Margin Tiers
| Tier | Max Position | Max Leverage | Maintenance Margin |
|---|---|---|---|
| 1 | $50,000 | 125x | 0.4% |
| 2 | $250,000 | 100x | 0.5% |
| 3 | $1,000,000 | 75x | 1.0% |
| 4 | $5,000,000 | 50x | 2.5% |
| 5 | $20,000,000 | 20x | 5.0% |
How to Sign Up for Binance
Binance FAQ
Binance offers up to 10x leverage on spot margin trading and up to 125x leverage on USDT-M futures contracts. The exact leverage available depends on the trading pair and your account tier.
Standard Binance margin trading is not available to US residents. However, Binance.US offers limited margin trading features. US traders may want to consider alternatives like Kraken or Coinbase.
Binance charges 0.02% maker and 0.04% taker fees for futures, with spot margin fees starting at 0.1%. Additional daily interest rates apply for borrowed funds, ranging from 0.01% to 0.06% depending on the asset.
When your margin ratio falls below the maintenance margin requirement, Binance automatically liquidates your position. A liquidation fee of 0.5%-1.5% is charged. You can set stop-losses to avoid liquidation.
Yes, Binance supports both cross margin (shared collateral across positions) and isolated margin (dedicated collateral per position). Cross margin is better for hedging, while isolated limits risk per trade.