Skip to main content
T TON Adoption
CEX · 2026

Binance

World's largest exchange — limited for Russian residents

Founded

2017

Russia access

Limited

Proof of Reserves

Recurring

Overall

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
Open Binance