Strike vs Binance: Which is Best? [2025]
Key differences
- Strike supports Lightning; Binance does not.
- Binance offers 350+ coins; Strike supports just 2.
- Strike offers tiered fees; Binance offers volume-based VIP discounts.
- Strike is U.S.-focused; Binance is globally accessible.
Strike vs Binance Fees Calculator
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Enter the amount you want to buy and we'll show you the estimated fees for each exchange.
Strike vs Binance in Comparison
Description
Fast, secure US-based exchange with high limits.
Global cryptocurrency exchange with extensive trading features and high liquidity.
Supported Countries
Available in 65+ countries including United States, El Salvador, Argentina, Costa Rica, Philippines and more. Send Globally feature available in 12+ countries.
Available in over 100 countries. Notable regions include: Africa (South Africa), Americas (Argentina, Brazil, Chile, Colombia, Mexico, Peru), Asia & Pacific (Australia, India, Indonesia, Japan, Philippines, New Zealand), Europe (France, Italy, Poland, Spain, Switzerland), and Middle East (UAE, Saudi Arabia, Israel).
Supported Cryptocurrencies
Bitcoin (BTC) on-chain and Lightning, USDT
350+ cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and many more
Fees
- Trading Fees:
- Under $250: 0.99%
- $250 - $2,000: 0.95%
- $2,000 - $5,000: 0.89%
- $5,000 - $50,000: 0.79%
- $50,000 - $500,000: 0.69%
- $500,000 - $5,000,000: 0.59%
- $5,000,000 - $15,000,000: 0.49%
- Over $15,000,000: 0.39%
- Bank transfers: Free
- On-chain BTC withdrawals: Network fee
~2% debit card deposit fee.
- Trading Fees:
- Regular User: 0.1000% / 0.1000% (Maker/Taker)
- With BNB discount: 0.0750% / 0.0750%
- VIP tiers available with lower fees (down to 0.0110% / 0.0230%)
- Fees decrease with higher 30-day trading volume and BNB holdings
- Deposit Fees:
- SEPA Bank Transfer (EUR): 1 EUR
- Credit/Debit Card: 2.00%
- Bank Transfer: 0-1.40% (varies by region)
- P2P Express: Free
- Withdrawal Fees:
- SEPA Bank Transfer (EUR): 1 EUR
- Bank Transfer: Varies by currency (e.g., 120 AED, 3.5 BRL, 150 JPY)
- P2P Express: Free
- Corporate Bank Transfer: Varies by region
Payment Methods
Debit Card, ACH, and Wire Transfer
Bank Transfer (SEPA), Credit/Debit Card, P2P Express, Online Banking, Corporate Bank Transfer (varies by region)
Do These Exchanges Allow you To Earn Interest on Crypto?
Mobile App Ratings
iOS Rating: 4.8 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.6 Official rating from the Android Play Store as of November 18, 2024.
iOS Rating: 4.6 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.7 Official rating from the Android Play Store as of November 18, 2024.
Storage
Industry standard security measures including 2FA authentication. Non-custodial Lightning payments. Registered and regulated Money Services Business (MSB).
Industry standard security measures including 2FA authentication, cold storage, SAFU fund for asset protection
Have These Exchanges Been Hacked Before?
No publicly reported security incidents
Two major incidents - October 2022 BNB Chain hack ($570M), May 2019 exchange hack ($40M). Both incidents were addressed and user funds were secured.
Official Site
Exchange Review
No review available
"Love the hourly auto buy feature on this app. Invite some friends and go fee free. Auto buy for a week and go fee free. Otherwise fees are super low compared to everything else. Will never buy BTC on the other platforms again. Highly recommend."
- Real user review from iOS App Store, Android Play Store or Trustpilot
No review available
"I really love the Binance app! The interface is user-friendly and very smooth to use. Market data updates quickly, helping me seize trading opportunities in a timely manner. I am very satisfied with the app's security, allowing me to trade with peace of mind."
- Real user review from iOS App Store, Android Play Store or Trustpilot
Strike vs Binance Comparison
Fee Structures
Strike uses a tiered fee structure starting at 0.99% for amounts under $250, decreasing to 0.39% for trades over $15M. Bank transfers are free, while debit card deposits incur ~2% fees. Binance operates on a maker/taker fee model starting at 0.1% per trade, with a 25% discount when paying fees with BNB. VIP users with high 30-day volume and BNB holdings can get rates as low as 0.011%.
Feature Set
Strike supports Bitcoin on-chain and Lightning, offers non-custodial Lightning support, recurring buys, and is U.S.-centric with auto-buy and friend referral benefits. Binance offers 350+ cryptocurrencies, futures, margin, P2P, and copy trading, staking, savings, and liquidity pools, but no Lightning support.
Geographic Availability
Strike is available in 65+ countries, with strong presence in the U.S., El Salvador, and the Philippines. Features like "Send Globally" are only available in select countries. Binance is available in over 100 countries, including major markets across the Americas, Europe, Asia-Pacific, Africa, and the Middle East. U.S. users must use Binance.US.
Security Features
Strike implements industry standard security measures including 2FA authentication and is registered as a Money Services Business (MSB) with FinCEN. Binance has experienced two major security incidents (October 2022 BNB Chain hack and May 2019 exchange hack) but has implemented measures to secure user funds.
Payment Methods
Strike supports Debit Card, ACH, and Wire Transfer. Binance offers Bank Transfer (SEPA), Credit/Debit Card, P2P Express, Online Banking, and Corporate Bank Transfer, with options varying by region.
Customer Support
Strike provides app-based and online support. Binance offers 24/7 multilingual support with a ticketing system.
Regulatory Compliance
Strike is registered as a Money Services Business (MSB) with FinCEN in the United States. Binance is licensed and regulated in multiple jurisdictions globally.
Conclusion
Strike is ideal for U.S.-based Bitcoin users who want Lightning support and a simple, low-fee experience. Binance suits global traders who need access to hundreds of assets, advanced trading features, and competitive fees with high liquidity.
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