Binance for privacy coin buyers
Largest exchange globally by volume. Lists both ZEC and XMR. Not available to US residents.
Pros for privacy coin buyers
- Lists both ZEC and XMR with deep liquidity
- Industry-low 0.10% / 0.10% maker/taker fees
- Multiple fiat on-ramps including SEPA for EUR users
- BNB staking further reduces fees by 25%
Cons for privacy coin buyers
- Not available to US residents at all
- Binance.US is a separate entity with different coin listings (no XMR)
- ZEC was on Binance's Monitoring Tag during 2025 and was removed July 9, 2025; ZEC remains fully listed as of April 2026
- No formal HQ, which creates jurisdictional ambiguity
Privacy coin support
ZEC listed with USDT, BTC, EUR, and USDC pairs globally. XMR was globally delisted on February 20, 2024 and is no longer available on Binance anywhere.
Fees
Standard tier. BNB payment reduces fees by 25%. VIP tiers lower further based on 30-day volume.
What you pay at different purchase sizes
| Purchase amount | Binance spot 0.10% |
Binance Convert 1.00% |
|---|---|---|
| $100 | $0.10 | $1.00 |
| $1,000 | $1.00 | $10.00 |
| $10,000 | $10.00 | $100.00 |
Fiat on-ramp
SEPA free or low-cost (EUR). Card 1.8%. P2P marketplace available for many local currencies.
Availability
Available in 180+ countries outside the US with USD, EUR, GBP, BRL, TRY, and dozens of other fiat pairs. Exited Canada in May 2023 and the Netherlands in June 2023. Operates licensed subsidiaries in Japan (Binance Japan), Thailand (Gulf Binance), Australia, India, and New Zealand, though these follow local coin-listing rules.
Company
- Headquarters: Global (no single HQ)
- Founded: 2017
- Licenses: VASP registrations in France, Italy, Spain; FCA (UK pending); Dubai VARA
- Official site: binance.com
Frequently asked questions
Can US residents use Binance?
No. Binance.com blocks US residents. Binance.US is a separate US-registered entity with a much smaller coin selection and does not list XMR.
Does Binance support shielded Zcash?
No. Binance uses transparent t-addresses for ZEC withdrawals. You would need to shield the coins yourself after withdrawal.
Will Binance delist ZEC?
ZEC remains listed on Binance as of April 2026. Binance placed ZEC on its Monitoring Tag during 2025, then removed the tag on July 9, 2025 after Zcash added TEX address support (ZIP 320) that lets Binance confirm funds came from transparent sources. No delisting has been announced.
Is Binance safe for XMR trading?
Binance is the largest exchange by volume and has strong trading infrastructure, but it faces ongoing regulatory pressure in multiple jurisdictions. Withdraw to your own wallet rather than leaving XMR on the exchange long-term.
What fiat currencies does Binance accept?
Binance supports SEPA for EUR, card payments in most currencies, and P2P marketplace trades in many local currencies. Bank transfers vary by jurisdiction.