Binance vs CoinEx: the India numbers
Binance undercuts CoinEx on spot taker fees (0.1% vs 0.2%). Full Binance vs CoinEx breakdown for India, verified against official pages on July 31, 2026.
- Verified
- 31 Jul 2026
- Sources
- Official sources cited
- Market
- India
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- Updated
- 31 Jul 2026
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On the numbers both platforms publish, Binance takes this one for most India users: Binance undercuts CoinEx on spot taker fees (0.1% vs 0.2%); the platform is cheaper on the maker side (0.1% vs 0.2%); CoinEx publishes proof-of-reserves attestations. That verdict is mechanical — lower published entry-tier cost and broader published coverage win rows, and ties stay ties. Every figure was re-checked against official pages on July 31, 2026, and the row-level sources are one click away below.
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Referral terms vary by region and account state.
Open BinanceBinance and its counterpart are lined up on the same published rows below — entry-tier costs, verification, coverage, and local availability — with the winning cell decided by the published number alone, re-checked on July 31, 2026. Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too. Use the availability row first if you are signing up from India: a cheaper venue that cannot legally take your registration is not cheaper.
| Brand | Published value | Source | Availability | |
|---|---|---|---|---|
| BinanceTop pick for India | Spot maker fee: 0.1% · Spot taker fee: 0.1% | Binance trading fees | Binance is registered as a reporting entity with India's Financial Intelligence Unit (announced August 2024, described by Binance as its nineteenth global regulatory milestone). | Open account |
 CoinEx | Spot maker fee: 0.2% · Spot taker fee: 0.2% | CoinEx fees | not published | Open account |
Each check below names the platform whose published number wins that row outright, using the values re-verified on July 31, 2026. Binance and its rival keep their source links in the last row, so any cell can be audited in one click before you commit funds — and if a provider stops publishing a value, the row flips to "not published" on the next re-check rather than staying frozen.
| Check | Binance | CoinEx |
|---|---|---|
| Spot maker fee | 0.1% | 0.2% |
| Spot taker fee | 0.1% | 0.2% |
| Futures maker fee | not published | 0.03% |
| Futures taker fee | not published | 0.05% |
| Deposit methods | not published | Crypto deposits plus fiat on-ramp / P2P buying (nav-label evidence only — weak) |
| Listed assets | not published | 800+ crypto assets (as stated) |
| Proof of reserves | not published | Yes — Merkle-tree Proof of Reserve page, claims 100% reserve rate |
| Availability | accepts India | accepts India |
| Local registration | Binance is registered as a reporting entity with India's Financial Intelligence Unit (announced August 2024, described by Binance as its nineteenth global regulatory milestone). | not published |
| Official source | Binance trading fees | CoinEx fees |
Using Binance or CoinEx from India
Signing up from India puts Binance and CoinEx under a local rulebook, and it is not what the fee table alone tells you. Financial Intelligence Unit - India (FIU-IND), Department of Revenue, Ministry of Finance, oversees crypto (virtual digital asset) service providers under the anti-money-laundering framework. Crypto exchanges must register with FIU-IND as Virtual Digital Asset Service Providers (VDA SPs) in the Reporting Entity regime under the Prevention of Money Laundering Act; registration is a pre-requisite to operate. How money actually reaches the order book here: Unified Payments Interface (UPI), the instant payment system operated by the National Payments Corporation of India, is the dominant local deposit rail for retail payments. UPI accounts for the overwhelming majority of digital payments in India and is the largest real-time payment system in the world. On tax treatment in this market: Income from transfer of virtual digital assets is taxed at a flat rate of thirty per cent under Section 115BBH of the Income-tax Act, with no set-off or carry-forward of losses. None of this market context changes the Binance figures in the table above — it decides how you act on them.
- Which is better: Binance or CoinEx?
- For most India users, Binance — Binance undercuts CoinEx on spot taker fees (0.1% vs 0.2%). If your priority is different (coverage, track record, verification rules), the table above shows exactly where each one wins.
- How is crypto regulated in India?
- Financial Intelligence Unit - India (FIU-IND), Department of Revenue, Ministry of Finance, oversees crypto (virtual digital asset) service providers under the anti-money-laundering framework. — Crypto exchanges must register with FIU-IND as Virtual Digital Asset Service Providers (VDA SPs) in the Reporting Entity regime under the Prevention of Money Laundering Act; registration is a pre-requisite to operate. (source: fiuindia.gov.in).
- How does ChainCosts earn from this page?
- If you open an account through a link here, the provider may pay us a commission. It never changes the price you pay, and it has no input into which cell wins a row — the published numbers decide.
At a glance
Key facts
- Market
- India
- Verified
- 31 Jul 2026
- Data completeness
- Only figures backed by the cited sources are shown; anything we could not verify is left out.
ChainCosts may earn a commission if you sign up through a partner link on this page. This never changes the numbers we publish.
Not financial, tax, custody, or investment advice. Verify live terms with the provider before acting.
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Machine-readable summaryen-IN / IN
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- https://chaincosts.com/en-IN/compare/binance-vs-coinex
- What this page does
- comparison screening with visible partner-link disclosure
- Offers covered
- Binance, CoinEx
- Evidence
- 3 cited sources: Binance trading fees, CoinEx fees, ChainCosts exchange fee checklist
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