Binance
World's largest exchange — limited for Russian residents
2017
Limited
Recurring
8.0/10
Pros
- World's number-one by volume and liquidity
- Recurring Proof of Reserves and SAFU fund
- Deep TON liquidity across all pairs (USDT, USDC, BTC, FDUSD)
- Best choice for non-Russian residents
Cons
- For RU residents: no RUB P2P, capped volumes and card usage
- Mandatory full KYC (passport + selfie + 2FA)
- Elevated political risk: SEC/CFTC/OFAC actions, $4.3B US DoJ settlement
- Customer support is slower than Bybit or OKX
About the exchange
Binance is the world's largest crypto exchange by volume, with a deliberately non-fixed legal HQ. Supports TON across all modes except RUB P2P — the P2P section for RU residents was closed in 2023 along with the sale of Binance's Russian operations to CommEx. Recurring Proof of Reserves through Merkle tree, SAFU fund insures user assets. Best suited for non-Russian residents or anyone with a foreign-passport KYC (UAE, KZ, AM). RU passport holders face caps on volumes, card payments and available pairs. After the November-2023 $4.3B US DoJ settlement and CZ's departure, the platform stabilised operationally by 2025, but political and regulatory risk remains elevated.
TON support
- TON spot
- Yes
- TON P2P
- No
- TON perpetuals
- Yes
- TON deposit / withdraw
- Yes
- TON pairs
- TON/USDT · TON/USDC · TON/BTC · TON/FDUSD · NOT/USDT · DOGS/USDT · HMSTR/USDT
Operational facts
- Headquarters
- Без постоянной штаб-квартиры (исторически — Мальта, Каймановы острова)
- KYC
- Full
- Trading fees
- 0.1% maker / 0.1% taker (spot); скидки за BNB до 0,025%
- Fiat on-ramp
- EUR/USD cards (non-residents) · EUR/USD bank transfer
- Insurance fund
- SAFU — Secure Asset Fund for Users
Incidents and regulation
- November 2023: $4.3B settlement with the US DoJ; CZ stepped down as CEO
- 2023: sold Russian operations to CommEx; restrictions on RU residents
- SEC, CFTC and OFAC enforcement actions throughout 2023-2024
Editorial score
Editorial opinion, not a financial recommendation. Each axis is 0–10.
- Security 8.0/10
- UX 9.0/10
- Features 10.0/10
- TON liquidity 10.0/10
- Overall 8.0/10
Official links
Related reading
- May 17, 2026
How to Withdraw TON from Binance to a Wallet: Step-by-Step 2026
- May 17, 2026
Bybit vs OKX vs MEXC for buying TON in 2026
- Apr 22, 2026
How to buy TON (Toncoin) in 2026: 5 routes
- May 17, 2026
Storing TON on a CEX vs a Wallet: Risks and Trade-offs 2026
- May 17, 2026
Exchanges Where Toncoin Trades: Top Platforms and Pairs 2026