VinDAX vs Binance: Fees, Coins, Safety Comparison
| Feature | VinDAX | Binance |
|---|---|---|
Overall |
2.5 |
4.8 |
1 |
4.5 |
|
3.2 |
4.8 |
|
3.4 |
5.0 |
|
Investment Instruments |
1 |
4.7 |
Platforms and Charting Tools |
2.8 |
4.9 |
Deposit and Withdrawal |
3.3 |
4.7 |
Research |
3.1 |
4.6 |
Education |
2.4 |
4.8 |
Support |
3.0 |
4.8 |
Bonuses |
2.4 |
4.2 |
|
Your capital is at risk.
|
Your capital is at risk.
|
VinDAX vs Binance: Pros and Cons
The VinDAX exchange is a popular cryptocurrency and coin trading platform with its proprietary VD token that saves on trading fees. Bitcoin (₿), Litecoin (Ł), Tether (₮), Ripple, and dozens of other cryptocurrencies and coins are available for trading on the exchange; and the list is regularly updated due to the open listing. Commissions are lower than the market average — initially 0.1% on the first trading level for taker/maker. In addition to the trading terminal in the browser, the exchange has its mobile application. One of the key advantages of the platform is its developed community infrastructure. It has a large blog with high activity and several dozen Telegram channels for communication between traders in different languages. It also has separate communication channels with technical support specialists who work 24/7. Registration is free and there is no minimum deposit.
The Binance exchange is one of the largest cryptocurrency exchanges in the world with its headquarters in Hong Kong. According to the CoinMarketCap cryptocurrency portal, Binance holds the top spot in terms of aggregate indicators of the platform's daily turnover, the number of novices and active users, liquidity, and web traffic (ranking, queries, statistics in search engines, etc.). The exchange is also a cryptocurrency startup that has its own “native asset” used in the Binance ecosystem as the “basis gas” (payment internal unit).
| VinDAX | Binance | |
|---|---|---|
| Overall Pros | many cryptocurrencies and coins are available for trading; | Trading With Leverage up to 1:100 |
| the exchange has its own VD coin, which gives a discount on commissions; | Low Trading and Non-Trading Fees | |
| Trading fees are lower than the market average; | 10+ Account Fiat Currencies + 50 Crypto | |
| Many deposit and withdrawal options are available; | Derivatives, NFT, ETF are Available | |
| the trading terminal is easy to use; | Indicators are Available | |
| Application for mobile trading (iOS/Android); | Passive Income With Staking and Mining Pool | |
| Regular promotions and contests with money prizes; | Strong Research | |
| API for integration of the trading application into the platform; | ||
| high efficiency of technical support; | ||
| Overall Cons | no referral program; | No tier-1 regulation |
| no fiat currency; | ||
| no investment solutions. |
VinDAX vs Binance: Safety and Regulation
| Regulated By: | VinDAX | Binance |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Registered as Digital Asset Service Provider (DASP) by Autorité des marchés financiers (AMF) |
VinDAX vs Binance: Trading Conditions
| Trading Conditions | VinDAX | Binance |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
Binance |
Max Leverage (Futures) |
44562 |
1-100 |
Number of Markets |
108+ |
1.358 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies |
USD, EUR, GBP +10 fiat currencies, 50+ Cryptocurrencies |
VinDAX vs Binance: Fees
Trading Fees
| Fee | VinDAX | Binance |
|---|---|---|
Max Maker |
0.0800% |
0.1% |
Max Taker |
0.0800% |
0.1% |
Min Maker |
0.0500% |
0.012% |
Min Taker |
0.0500% |
0.024% |
Debit/Credit Card Purchase Fee |
Not supported |
0.01 |
Futures Trading fees
| Fee | VinDAX | Binance |
|---|---|---|
Max Maker |
0.0800% |
0.02% |
Max Taker |
0.0800% |
0.04% |
Min Maker |
0.0500% |
0 |
Min Taker |
0.0500% |
0 |
Non-Trading Fees
| Fee | VinDAX | Binance |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
From 0% to 20% depending on the chosen cryptocurrency |
No |
Bank Transfer Withdrawal Fee |
Not supported |
1.5 USD |
Debit/Credit Card Withdrawal Fee |
Not supported |
0.0001 |
BTC Withdrawal Fee |
0.0005 BTC |
0.0001 BTC |
Inactivity Fee |
No |
No |
VinDAX vs Binance: Trading Assets
| Asset Name | VinDAX | Binance |
|---|---|---|
Overall |
108+ |
396+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
No |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
No |
Yes |
Cardano (ADA) |
No |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
Yes |
VinDAX or Binance: Investment Programs
| Asset Name | VinDAX | Binance |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
Trading Platforms: Binance or VinDAX
| VinDAX | Binance | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Binance or VinDAX
| VinDAX | Binance | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Binance or VinDAX
| VinDAX | Binance | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Binance or VinDAX
| VinDAX | Binance | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Binance or VinDAX
| VinDAX | Binance | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
Yes |
VinDAX vs Binance: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | VinDAX | Binance |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
VinDAX vs Binance: Research
| Research Type | VinDAX | Binance |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
VinDAX vs Binance: Education
| Education Type | VinDAX | Binance |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Binance vs VinDAX: Support
| Support Features | VinDAX | Binance |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
No |
Telegram |
VinDAX vs Binance: Crypto Bonuses and Promo
| Promo | VinDAX | Binance |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
No |
40% of the partner's trading commissions |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Binance
-
Comment
Binance has been super flexible when it comes to payment methods. It offers the usual mediums like bank deposit, debit card/credit card, crypto deposit, while also supporting newer ones like my favorite e-wallet. Integrating my e-wallet with my Binance account made all the withdrawals instant whenever I sell USDT in the P2P marketplace. The conversion rate is also attractive, making this method favorable to those who are frequently buying and selling on the platform. I withdraw money from them at least once a month and never experience delays. On a side note, I always use the same e-wallet account and had not tried doing it using bank transfers because of fees associated with doing so. There is no fee on this method so I prefer to use it over others.
-
Comment
Despite the growing number of reported hacks in the crypto space, I never once felt worried about using Binance as my crypto exchange. They have the most extensive security verification methods, and this makes me feel that trusting my funds with them is one of the best decisions I’ve made. Earlier this year I lost my phone number to which my Binance acct was connected and got very worried that my funds will be compromised. Turns out, it was easy to replace my old contact info with my new number, and they also suggested that I activate my 2-factor authentication for an extra layer of protection. I have also recently activated my passkeys for added security. All these years, Binance has been nothing but a trustworthy platform to me. I only trade crypto with them and nowhere else.
-
Comment
I created my account with Binance four years ago. It was during the middle of the crypto boom. I thought it was just a phase and would completely forget about it after the pandemic. But it turns out it is not :D. I still actively trade with the same account. Probably what made me stay is the ease of use, either when I am trading with the website or through the Binance app. Features in both platforms are easy to understand and use. I never had to consult YouTube videos as I normally do with my other brokerage accounts to figure out how a certain tool/button works. What you see is what you get. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years. I think Binance took over the crypto market easily for the same reason. It sold us the idea that trading is easy after all.
-
Comment
My experience with Binance has been predominantly positive. The platform's extensive cryptocurrency offerings, user-friendly interface, advanced trading features, and commitment to security make it a compelling choice for both novice and experienced traders alike.
-
Comment
Binance is the best cryptocurrency exchange for me. There is a very rich selection of cryptocurrency pairs, and many new tokens are added. The crypto rate is market-based, I checked with different exchanges, there is no big difference. With Binance, you can get a good return. I recommend the exchange.
Top 5 Reviews on VinDAX
-
Comment
The company cancels all profitable trades. VinDAX does not have a regulator. And they know for sure that nothing will happen to them, no matter what they do. I do not recommend this company.
-
-
Comment
The first impression this cryptocurrency exchange exudes is its favorability. Registration took just a couple of minutes, and I heard from friends that there were no problems with verification on this site. The terminal works like a Swiss watch, and I did not notice any technical failures or bugs during work. There are many assets to choose from, and their number is growing. The VinDAX exchange does not interfere with the open listing of coins.
-
Comment
This platform is publicly listed, so the pool of coins is growing actively. I have been working here for over a year, and the range of cryptocurrencies is constantly expanding. This company has many other advantages such as comfortable trading conditions. Moreover, it is equally convenient to trade here both from the browser version and from the mobile application. The functionalities of the two are the same. This crypto exchange has done everything it can to keep traders interested and to ensure they can trade safely in coins.
-
Comment
I can’t even list all those moments that do not suit me in VinDAX. I do not want. And it would seem that the platform has been working for more than a year, but the minuses are off the charts. There are no guarantees about the safety of your funds, the site is registered in such an Asian country as Vietnam. This means that she does not have the documents necessary for such work. There is no regulation. This is not very reliable!
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.