VENUEVERITAS

Exchange overview

Binance identification mark

Binance

Recorded facts for this trading venue, drawn from public sources.

Comparebinance.com

Answer from public records

Is Binance regulated?

Binance does not have one universal regulatory status. VenueVeritas reviews regulatory records by legal entity, jurisdiction, and authorization scope.

Binance FZE appears in a public record of Virtual Assets Regulatory Authority (AE-DU-VARA) under identifier VL/24/04/001.

Nest Clearing and Custody Limited appears in a public record of FSRA (AE-ADGM) under identifier 0070.

Nest Exchange Limited appears in a public record of FSRA (AE-ADGM) under identifier 0072.

Records on file attach to 4 named entities. They should not be read as a global authorization for the Binance brand.

Official sources: Virtual Assets Regulatory Authority · FSRA

Last checked: 2026-09-13

What this evidence does NOT mean

  • A regulatory record attached to a named legal entity is not a global licence for the brand.
  • Absence of a published record is not a finding that a venue is unregulated. Unknown remains unknown.
  • Proof of Reserves is not a full financial audit and is not proof of solvency.
  • Custody claims and evidence coverage are not a safety score or investment recommendation.
  • VenueVeritas publishes verified public records only. Missing fields stay missing.

Crypto exchange regulation evidence directory · How we checked

Simple summary

What does VenueVeritas currently publish about this venue?

  • VenueVeritas publishes a public evidence record for Binance. Missing facts stay unknown; this page is not a ranking or recommendation.
  • 4 verified legal relations are on file. Applicable contracting or operating entities may vary by jurisdiction and product scope.
  • Binance FZE appears in a public regulatory record of Virtual Assets Regulatory Authority (AE-DU-VARA) under identifier VL/24/04/001. This record attaches to the named legal entity and jurisdiction, not automatically to the global brand.
  • Nest Clearing and Custody Limited appears in a public regulatory record of FSRA (AE-ADGM) under identifier 0070. This record attaches to the named legal entity and jurisdiction, not automatically to the global brand.
  • Additional regional or entity-scoped regulatory records are listed in the Regulation section below.
  • 4 confirmed product offering records are on file.

Key public record

Publication status
Publication ready
Research cycle
Investigated — not a claim that every fact is on file
How much info is available
7 / 7 coveredi
Operating company
Multiple / scope-dependent
Registration / licence record
Regional records on file
Products confirmed
4 on file
How assets are held
3 holding notes
Latest reserve information
Published (2026-08-01)
Fee snapshot
2 dated snapshots
Last checked
Sep 13, 2026

What registration or licence records are on file for Binance?

Which regulatory instruments are on file for named legal entities — and at what scope?

Regulatory instruments attach to named legal entities and jurisdictions — not automatically to the global brand.

Crypto exchange regulation evidence directory

What regulatory records are on file for Binance?

Binance FZE appears in a public record of Virtual Assets Regulatory Authority (AE-DU-VARA) under identifier VL/24/04/001.

Nest Clearing and Custody Limited appears in a public record of FSRA (AE-ADGM) under identifier 0070.

Nest Exchange Limited appears in a public record of FSRA (AE-ADGM) under identifier 0072.

VenueVeritas does not treat one regional authorization as applying to the entire global brand.

Official source (Virtual Assets Regulatory Authority)

https://www.vara.ae/en/licenses-and-register/public-register/binance-fze/

Verified on public record: 2026-09-13

What is the VARA licence for Binance FZE?

Binance FZE is listed in a public register of Virtual Assets Regulatory Authority (AE-DU-VARA) under identifier VL/24/04/001 (VASP Licence — Exchange Services (including VA Derivatives Trading) [scoped Binance FZE]).

This record applies to the named legal entity and jurisdiction; it should not be read as a global authorization for the Binance brand.

Virtual Assets Regulatory Authority / Virtual Assets Regulatory Authority

https://www.vara.ae/en/licenses-and-register/public-register/binance-fze/

Verified on public record: 2026-09-13

What regulatory identifier is on file for Nest Clearing and Custody Limited?

Nest Clearing and Custody Limited is listed in a public register of FSRA (AE-ADGM) under identifier 0070 (Recognised Clearing House).

This record applies to the named legal entity and jurisdiction; it should not be read as a global authorization for the Binance brand.

FSRA / ADGM FSRA

https://www.adgm.com/public-registers/fsra/firms/recognized-bodies/nest-clearing-and-custody-limited

Verified on public record: 2026-09-13

What regulatory identifier is on file for Nest Exchange Limited?

Nest Exchange Limited is listed in a public register of FSRA (AE-ADGM) under identifier 0072 (Recognised Investment Exchange).

This record applies to the named legal entity and jurisdiction; it should not be read as a global authorization for the Binance brand.

FSRA / ADGM FSRA

https://www.adgm.com/public-registers/fsra/firms/recognized-bodies/nest-services-limited

Verified on public record: 2026-09-13

What regulatory identifier is on file for Nest Trading Limited?

Nest Trading Limited is listed in a public register of FSRA (AE-ADGM) under identifier 260000 (Financial Services Permission).

This record applies to the named legal entity and jurisdiction; it should not be read as a global authorization for the Binance brand.

FSRA / ADGM FSRA

https://www.adgm.com/public-registers/fsra/firms/financial-firms/nest-trading-limited-260000

Verified on public record: 2026-09-13

Public evidence graph: FSRA · VARA · records 0070, 0072, 260000, VL/24/04/001

Regulator-attributed statement

Binance ADGM Terms of Use (2026-09-13): ADGM Binance Entities are separate: Nest Exchange Limited (NEL) operates Binance RIE / exchange trading; Nest Clearing and Custody Limited (NCCL) operates Binance RCH / custody/clearing; Nest Trading Limited (NTL) is the broker-dealer for off-exchange/principal services. Each has separate contractual obligations.

https://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/bf4879710c904b991848972ec4818ba2cf9e4ce314c09adae84fa2750d3477f7.pdf

Regulator-attributed statement

Binance FZE Terms of Use (2026-09-13): Binance FZE is a Dubai World Trade Centre free zone establishment authorised by VARA for Virtual Asset-related activities in or from Dubai (excluding DIFC); distinct from ADGM Nest entities.

https://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/b967d51a5756fccc1537ebd64f4c10cbacec36adcba5e000a6ad40291613ff87.pdf

  • Binance FZE — VL/24/04/001

    Binance FZE is listed in a public regulatory record of Virtual Assets Regulatory Authority (AE-DU-VARA) under identifier VL/24/04/001. This authorization attaches to the named legal entity and jurisdiction — not automatically to the global brand.

    Instrument class
    License
    Instrument status
    Active
    Regulator
    Virtual Assets Regulatory Authority
    Country / region
    AE-DU-VARA
    Register identifier
    VL/24/04/001
    Instrument label
    VASP Licence — Exchange Services (including VA Derivatives Trading) [scoped Binance FZE]
    Granted
    Apr 15, 2024
    Effective
    Not found
    Last checked
    Sep 13, 2026

    View official recordhttps://www.vara.ae/en/licenses-and-register/public-register/binance-fze/

  • Nest Clearing and Custody Limited — 0070

    Nest Clearing and Custody Limited is listed in a public regulatory record of FSRA (AE-ADGM) under identifier 0070. This authorization attaches to the named legal entity and jurisdiction — not automatically to the global brand.

    Instrument class
    Authorization
    Instrument status
    Active
    Regulator
    FSRA
    Country / region
    AE-ADGM
    Register identifier
    0070
    Instrument label
    Recognised Clearing House
    Granted
    Dec 8, 2025
    Effective
    Not found
    Last checked
    Sep 13, 2026

    View official recordhttps://www.adgm.com/public-registers/fsra/firms/recognized-bodies/nest-clearing-and-custody-limited

  • Nest Exchange Limited — 0072

    Nest Exchange Limited is listed in a public regulatory record of FSRA (AE-ADGM) under identifier 0072. This authorization attaches to the named legal entity and jurisdiction — not automatically to the global brand.

    Instrument class
    Authorization
    Instrument status
    Active
    Regulator
    FSRA
    Country / region
    AE-ADGM
    Register identifier
    0072
    Instrument label
    Recognised Investment Exchange
    Granted
    Jan 5, 2026
    Effective
    Not found
    Last checked
    Sep 13, 2026

    View official recordhttps://www.adgm.com/public-registers/fsra/firms/recognized-bodies/nest-services-limited

  • Nest Trading Limited — 260000

    Nest Trading Limited is listed in a public regulatory record of FSRA (AE-ADGM) under identifier 260000. This authorization attaches to the named legal entity and jurisdiction — not automatically to the global brand.

    Instrument class
    Authorization
    Instrument status
    Active
    Regulator
    FSRA
    Country / region
    AE-ADGM
    Register identifier
    260000
    Instrument label
    Financial Services Permission
    Granted
    Jan 5, 2026
    Effective
    Not found
    Last checked
    Sep 13, 2026

    View official recordhttps://www.adgm.com/public-registers/fsra/firms/financial-firms/nest-trading-limited-260000

Products

Which product offerings are confirmed in the public record?

  • Spot

    View official recordhttps://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/9958035d95bff024a86a662fb4fdba45527d55a936e2cb9ed1d7ddf205ca082d.pdf

    Offered
  • Perpetuals
    Offered
  • Dated Futures
    Offered
  • Options
    Offered

How does Binance say customer assets are held?

What does VenueVeritas confirm about custody? Claims are stated facts under documented scope — not a safety conclusion.

Notes on how assets are held are shown as stated by the source. Not a safety rating. Detail pages may also say Custody.

What does Binance disclose about custody?

VenueVeritas has structured custody claims on file for Binance. As stated in the reviewed sources:

Asset segregation (Nest Clearing and Custody Limited): ledger_segregation_and_individual_segregation_of_client_digital_assets (ADGM Terms §8.4)

Custody model (Nest Clearing and Custody Limited): NCCL appointed custodian of Digital Assets, Securities and Currency in Binance Account (ADGM Terms §8.1)

Trust arrangement (Nest Clearing and Custody Limited): NCCL holds assets as trustee/custodian under ADGM Rules (Terms §8.2)

These claims are published under their documented scope and are not converted into a safety rating.

Official source (Nest Clearing and Custody Limited / Binance ADGM Terms of Use)

https://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/bf4879710c904b991848972ec4818ba2cf9e4ce314c09adae84fa2750d3477f7.pdf

Verified on public record: 2026-08-27

Who holds customer assets at Binance?

A published custody claim on file states: Asset segregation (Nest Clearing and Custody Limited) — ledger_segregation_and_individual_segregation_of_client_digital_assets (ADGM Terms §8.4).

This is a source-stated claim under documented scope, not a VenueVeritas safety conclusion.

Official source (Nest Clearing and Custody Limited / Binance ADGM Terms of Use)

https://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/bf4879710c904b991848972ec4818ba2cf9e4ce314c09adae84fa2750d3477f7.pdf

Verified on public record: 2026-08-27

  • Asset segregation

    ledger_segregation_and_individual_segregation_of_client_digital_assets (ADGM Terms §8.4)

    Operating company
    Nest Clearing and Custody Limited
    Scope
    Nest Clearing and Custody Limited / ADGM Client Assets
    As of
    Aug 27, 2026
    Source
    Nest Clearing and Custody Limited / Binance ADGM Terms of Use

    View official recordhttps://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/bf4879710c904b991848972ec4818ba2cf9e4ce314c09adae84fa2750d3477f7.pdf

  • Custody model

    NCCL appointed custodian of Digital Assets, Securities and Currency in Binance Account (ADGM Terms §8.1)

    Operating company
    Nest Clearing and Custody Limited
    Scope
    Nest Clearing and Custody Limited / ADGM Binance Services
    As of
    Aug 27, 2026
    Source
    Nest Clearing and Custody Limited / Binance ADGM Terms of Use

    View official recordhttps://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/bf4879710c904b991848972ec4818ba2cf9e4ce314c09adae84fa2750d3477f7.pdf

  • Trust arrangement

    NCCL holds assets as trustee/custodian under ADGM Rules (Terms §8.2)

    Operating company
    Nest Clearing and Custody Limited
    Scope
    Nest Clearing and Custody Limited / ADGM custody relationship
    As of
    Aug 27, 2026
    Source
    Nest Clearing and Custody Limited / Binance ADGM Terms of Use

    View official recordhttps://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/bf4879710c904b991848972ec4818ba2cf9e4ce314c09adae84fa2750d3477f7.pdf

Does Binance publish reserve data? (Also called Proof of Reserves / PoR in detail.)

Does this venue have a proof-of-reserves snapshot on file?

Reserve information (Proof of Reserves / PoR) is not, by itself, a full financial audit or proof of solvency.

Proof of Reserves evidence directory · What Proof of Reserves is not

Does Binance publish proof of reserves?

VenueVeritas has a proof-of-reserves snapshot on file dated 2026-08-01. The snapshot records methodology “Mixed” and assets covered as “Selected assets”.

Proof of reserves is not equivalent to a full financial audit or proof of solvency.

Proof-of-reserves page (as reviewed)

https://www.binance.com/en/proof-of-reserves

Verified on public record: 2026-09-13

  • Latest snapshot on file: 2026-08-01

    Methodology
    Mixed
    Assets covered
    Selected assets
    Liabilities scope
    yes
    Reserve ratio
    Not found
    Attester
    Not found
    Third-party verification
    Not checked

    Open official source ↗https://www.binance.com/en/proof-of-reserves

Fee records

What dated fee snapshots are on file?

What fee records are on file for Binance?

VenueVeritas publishes dated fee snapshots for Binance (latest as of 2026-09-13). These are snapshot records, not timeless “current fees”.

spot maker: 0.1000 percent (Regular User) — fee snapshot verified on 2026-09-13.

spot taker: 0.1000 percent (Regular User) — fee snapshot verified on 2026-09-13.

Fee schedule source (as reviewed)

https://www.binance.com/en/fee/trading

Verified on public record: 2026-09-13

  • spot / maker: 0.1000 percent

    As of 2026-09-13 · Tier: Regular User · official_spot_margin_fee_page_Regular_User_base_without_BNB_discount; volume < 1,000,000 USD or ≥ 0 BNB

    Operating company
    Venue-level record
    As of
    2026-09-13

    Open official source ↗https://www.binance.com/en/fee/trading

  • spot / taker: 0.1000 percent

    As of 2026-09-13 · Tier: Regular User · official_spot_margin_fee_page_Regular_User_base_without_BNB_discount; volume < 1,000,000 USD or ≥ 0 BNB

    Operating company
    Venue-level record
    As of
    2026-09-13

    Open official source ↗https://www.binance.com/en/fee/trading

Security & operational record

Which confirmed security or operational events are published?

  • Operational: Service

    Event date
    Oct 9, 2025
    Resolution status
    Resolved
    Affected service
    USDT-M futures order processing
    Confirmed loss
    Not found

  • Operational: Service

    Event date
    Aug 29, 2025
    Resolution status
    Resolved
    Affected service
    USDT-M futures order placement
    Confirmed loss
    Not found

  • Operational: Service

    Event date
    Aug 14, 2025
    Resolution status
    Resolved
    Affected service
    USDT-M futures kline
    Confirmed loss
    Not found

What geographic restrictions are documented for Binance?

Which geographic restrictions are confirmed in the public record?

Missing restriction rows do not mean unrestricted availability. Regional terms must not be read as global venue restrictions.

Is Binance available in the United States?

VenueVeritas does not currently publish a United States geographic-restriction row for Binance.

Missing restriction rows do not mean unrestricted availability in the United States.

Which countries restrict Binance?

Published restriction jurisdiction codes on file: CA, MY, SG.

These rows are not a complete worldwide availability map. Regional terms must not be read as a global brand restriction, and missing codes do not mean the venue is available there.

3 confirmed restriction records on file.

JurisdictionTypeStatusProduct scope
CAVenue-wideProhibited—
MYVenue-wideProhibited—
SGVenue-wideProhibited—

Open questions / unresolved records

Which material fields remain unresolved after research?

  • legal entity — Researched — unresolved

    ADGM Nest trio roles mapped from official ADGM Terms; Binance FZE mapped from FZE Terms + VARA VL/24/04/001. Do not treat any single entity licence as brand-wide global authorisation. Nest Trading Limited role kept as unknown enum (broker-dealer/off-exchange per terms) pending richer role taxonomy.

Official sources

9 source references (publisher + URL).

  • ADGM FSRA

    Regulator

    Open official source ↗https://www.adgm.com/public-registers/fsra/firms/financial-firms/nest-trading-limited-260000

    Last checked: Aug 24, 2026

  • ADGM FSRA

    Regulator

    Open official source ↗https://www.adgm.com/public-registers/fsra/firms/recognized-bodies/nest-clearing-and-custody-limited

    Last checked: Aug 24, 2026

  • ADGM FSRA

    Regulator

    Open official source ↗https://www.adgm.com/public-registers/fsra/firms/recognized-bodies/nest-services-limited

    Last checked: Aug 24, 2026

  • Binance

    Company disclosure

    Open official source ↗https://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/9958035d95bff024a86a662fb4fdba45527d55a936e2cb9ed1d7ddf205ca082d.pdf

    Last checked: Aug 24, 2026

  • Binance

    Company disclosure

    Open official source ↗https://www.binance.com/en/proof-of-reserves

    Last checked: Aug 24, 2026

  • Binance FZE Terms of Use

    Terms / operator disclosure

    Open official source ↗https://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/b967d51a5756fccc1537ebd64f4c10cbacec36adcba5e000a6ad40291613ff87.pdf

    Last checked: Sep 13, 2026

  • Binance (ADGM Terms of Use)

    Terms / operator disclosure

    Open official source ↗https://bin.bnbstatic.com/static/cms/cg08ou2ak0tn7mcplvfg/file/bf4879710c904b991848972ec4818ba2cf9e4ce314c09adae84fa2750d3477f7.pdf

    Last checked: Sep 13, 2026

  • Virtual Assets Regulatory Authority

    Regulator

    Open official source ↗https://www.vara.ae/en/licenses-and-register/public-register/binance-fze/

    Last checked: Sep 13, 2026

  • Official source

    Other public source

    Open official source ↗https://www.binance.com/en/fee/trading

    Last checked: Sep 13, 2026

Alternatives

Alternatives to Binance

Candidates selected by published evidence attributes — product, jurisdiction, custody, PoR and record completeness. Not ordered by affiliate payout.

Full alternatives pageExplore compareExplore directory

How we checked

Based on public information. Blank means not confirmed yet.

Last checked: Sep 13, 2026 · Last checked: Sep 13, 2026

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