Binance vs ftx: Which is the better choice in 2025?
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One choice that novice traders often find difficult to make is Binance or FTX. Cryptocurrency exchanges are similar to each other in many ways, but at the same time they have a number of significant differences. The editors of cryptomore.com will review both cryptocurrency platforms and compare them according to the main criteria that are most often of interest to users before registering.
Update. FTX exchange collapsed in the fall of 2022. Consider others exchanges for bidding.
We also recommend that you read our full reviews of both brokers, as well as their official websites, as this is where all the most up-to-date information about trading conditions, current promotions, listed cryptocurrencies, etc. is located.
The cryptocurrency exchange has become a leader since its launch in 2017 quite quickly, confidently outperforming even competitors that have been operating for more than 4-5 years.
The concept of the BNB exchange token played a big role in this – it was later adopted by almost all other major platforms. The ICO managed to quickly raise funds for the initial development of the platform. The platform gradually acquired new functions, and also united other promising projects under its leadership, such as a decentralized wallet. Trust wallet.
The centralized cryptocurrency exchange FTX specializes in derivatives, i.e. derivatives contracts with leverage. It allows you to work with futures, leveraged tokens, options, as well as the regular spot market.
The broker has become famous for its simple and accessible interface of both the website and the mobile application, as well as a wide range of products and services. It started operating in 2019. Today, it is actively used by almost all categories of users, from beginners to the “whales” of the cryptocurrency industry.
A Binance oferece muitas opções diferentes e, embora seja ótimo para os usuários, causa problemas regulatórios para a própria exchange. É difícil para uma empresa manter um equilíbrio entre fornecer o máximo de funções de negociação e investimento e cumprir todos os requisitos regulamentares. em 2025-2021, a corretora ficou sob o radar das autoridades reguladoras do Japão, Grã-Bretanha, Canadá, Singapura, Tailândia e EUA. No entanto, não foi possível apresentar acusações específicas. A Binance está registrada offshore (Ilhas Cayman) e ainda não decidiu a localização de sua sede.
Enterprise FTX Trading Ltd registered in Antigua and Barbuda. FTX Digital Markets Ltd, a subsidiary of FTX Trading Ltd, is licensed in the Bahamas. Separate subsidiaries also operate in many jurisdictions.
2 Account Security
Binance – Security Settings
Binance allows you to protect your account in several different ways – first of all, it is a two-factor authentication via a Google mobile app, you can also enable confirmation of important actions via SMS and email. An anti-phishing code is used to protect against phishing attacks via email. It is possible to set an input using a hardware key and create a whitelist of addresses for output.
FTX also pays great attention to protecting user accounts from hackers. The client can add two-factor authentication, set a separate password for withdrawals, and configure exactly when 2FA is required. It is possible to create user logins for each individual sub-account and configure their level of control.
On both exchanges, you can reduce trading commissions by increasing trading volumes per month, and also save on commissions by using exchange tokens (Binance has this BNBis FTX – ITF). Below we indicate the basic commissions that are applied to the user immediately after registration:
FTX. The spot and futures markets use the same commission system. The maker pays 0.02% and the taker 0.07%.
4 Identity Verification
Binance – Verification
Both cryptocurrency platforms in question adhere to KYC/AML rules. On both accounts, you cannot make deposits or perform any actions without verifying your identity. And if you need to maximize the limits and open access to all possible options, the address is also confirmed.
Documents accepted for verification:
Passport.
Driver's license.
ID card.
The easiest way to confirm your address is to use utility receipts, bank statements, or proof of residence.
5 Methods for replenishing your balance and withdrawing funds
FTX – cryptocurrency deposit
You can fund your Binance account by:
In cryptocurrency – the exchange will provide you with an address, after which you will need to transfer cryptocurrency from another wallet to it. Be careful to choose the right network on which the currency operates.
In fiat currency – depositing reais through AdvCash, Payeer or other fiat currencies through other channels (bank cards, accounts).
Purchase by card – Some cryptocurrencies can be purchased by paying directly with your card. The function may not be available in the Russian Federation due to sanctions.
Non-FTX Deposit Methods:
Cryptocurrency – similar to Binance.
Fiat deposit using bank cards and transfers.
You can also withdraw cryptocurrencies and fiat currencies from both exchanges using the same methods. In most cases, commissions are provided only for withdrawals, while for deposits they are absent or lower.
6 p2p marketplace
Binance P2P
Binance operates a marketplace Binance P2P – an extremely convenient place for one-time trading or purchasing of cryptocurrencies USDT, BTC, BUSD, BNB, ETH, DOGE, DAI, SHIB. You can buy and sell coins to other users using any convenient channel like payment, etc.
FTX also has a good selection of features that may be of interest to clients or help increase revenue:
Trading leveraged tokens, volatility tokens.
Bets on events (political, sporting) in the form of contracts.
Trading fiat currencies according to the Forex principle.
Staking.
NFT (US only).
OTC Trading.
Tool for creating Quant Zone trading strategies and many others.
8 Passive Income Opportunities
Binance Earnings
On Binance, go to the Earn section to find the available investment tools. There are quite a few of them, they differ in the level of profitability and risk. Among them: dual currency investments, fixed or floating deposits, Staking and DeFi Staking, liquidity pool and more. The list is updated regularly.
FTX doesn't have that many options. You can make money here using staking (FTT, SOL, SRM, RAY tokens) or margin lending.
What to choose – FTX or Binance
Certainly, choosing a broker for trading – this is a personal decision for each trader, as everyone has their own preferences, functionality and interface requirements.
We tried to compare both platforms according to the main parameters and came to the conclusion that Binance is the leader in the number of coins, passive income methods, security measures, and the overall scope of functions. But when it comes to trading instruments, FTX is definitely not inferior to its competitor, and in terms of commissions, this platform is much more profitable.
Both exchanges require identity verification, so those who like anonymity will have to look for other options.
Conclusion
Cryptocurrency exchanges Binance and FTX are very popular in the world, although both are not available in the United States – subsidiaries and platforms Binance US, FTX US are open to the States, which offer fewer functions compared to the main ones. In terms of quality and security, the exchanges are not inferior to each other, so the choice is a matter of nuances. Binance is more popular and liquid, it is at the top of all the tops, so beginners should choose it better. But it is still always worth considering all the available options.
