Before we dive into the detailed analysis, here is a ranked list of the 10 best MICA-licensed alternatives to Binance in Europe, with the most important information about each one at a glance.
Investing in cryptocurrencies carries the risk of partial or total loss of capital. The content of this review is informative and does not constitute financial advice.
1. Bitvavo: The cheapest platform in Europe for trading in euros
Bitvavo is Europe's largest exchange by volume in euros, headquartered in Amsterdam and with more than 2 million users in 27 countries. It ranks first as an alternative to Binance because it combines some of the lowest fees among the top 10 exchanges, a selection of 428 cryptocurrencies, and an experience designed from the ground up for European users trading in euros, without the need for dollar-pegged stablecoins. It holds a MiCA (CASP) license granted by the Dutch AFM Starting in 2025, authorized to operate in all 27 EU countries under the European passport system, with joint supervision by the Dutch Central Bank (DNB).
Its fees are 0.15% for makers and 0.25% for takers, with a minimum deposit of just 1 €. For users coming from Binance, trading is conducted in euros via SEPA without currency conversion—a feature that Binance no longer offers directly since it restricted its services in the EU. See the full review of Bitvavo
Who is Bitvavo for? For former Binance users in Europe who are looking for an exchange that trades in euros, offers competitive fees, and is fully MiCA-compliant.
Advantages:
- Fees among the lowest in all of Europe
- MiCA license with a passport valid throughout the EU
- Designed for seamless SEPA transactions in euros
Disadvantages:
- A more limited selection of cryptocurrencies than Binance
- Few advanced trading features
- Customer service with more limited options
2. Kraken: The Most Well-Rounded Platform for Making the Leap to Advanced Trading
Kraken is one of the industry’s longest-standing exchanges, founded in 2011 and operational since 2013, with more than 600 cryptocurrencies and a presence in over 190 countries. It ranks second for combining a long track record of security, quarterly Proof of Reserves audits with 1:1 backing, and a selection that rivals Binance’s in breadth. In Europe, it operates through Payward Europe Solutions Limited, which is authorized as a CASP by the Central Bank of Ireland Starting in June 2025, with a passport valid for all 30 EEA countries.
Su tarifa estándar es del 1% más spread, pero Kraken Pro reduce el coste hasta el 0,40% maker y 0,80% taker en el primer tramo, bajando con volumen, niveles similares a los que Binance ofrecía antes de sus restricciones en la UE. El depósito mínimo es de 10 €. Para el usuario europeo, las transferencias SEPA tardan entre 0 y 3 días, y la plataforma ofrece margin trading y staking en decenas de criptomonedas. View full Kraken review
Who is Kraken for? For former Binance users looking for a long-established exchange with comparable offerings and liquidity that is fully regulated under MiCA.
Advantages:
- Wide variety of cryptocurrencies and markets available
- A strong track record of safety since its founding in 2011
- Access to margin trading and staking for dozens of cryptocurrencies
Disadvantages:
- High standard fee if you don't use Kraken Pro
- Higher minimum deposit than other exchanges
- Learning curve to take full advantage of all its features
3. Crypto.com: Spend Your Cryptocurrency with the Everyday Visa Card
Crypto.com is one of the world’s largest crypto platforms, with more than 150 million users and a business model focused on everyday spending thanks to its Visa card linked to users’ crypto balances. It ranks third due to this combination of exchange and payment method, something that Binance does not offer with the same strength in Europe. It holds a MiCA (CASP) license from the Maltese MFSA and insurance coverage of up to $750 million on the funds in custody.
Fees start at 0.075% for makers and takers at the base level, decreasing based on trading volume or CRO token staking, in line with what Binance offered with its BNB token. The Visa card offers cashback of up to 6%. For European users, the minimum deposit is €1, and SEPA withdrawals also cost €1. See the full review of Crypto.com
Who is Crypto.com for? For former Binance users who want to use their cryptocurrencies for everyday spending with a Visa card, in addition to trading on the exchange.
Advantages:
- Visa Card with Cashback of up to 6%
- Low fees at the basic level
- Comprehensive insurance coverage for funds in custody
Disadvantages:
- Better terms require holding the CRO token
- A somewhat complex ecosystem for new users
- Small fixed fees on deposits and withdrawals
4. Bybit EU: Derivatives and Advanced Trading Under European Regulation
Bybit EU is the European arm of the world's second-largest exchange by volume, headquartered in Vienna after obtaining the MiCA (CASP) license from the Austrian FMA in May 2025. It ranks fourth as the Binance alternative most focused on derivatives and advanced trading, with up to 10x leverage on spot trading and a platform that has been fully migrated to bybit.eu since July 2026 for all EEA users.
Fees are competitive for advanced trading and decrease with volume, and the platform includes features such as the Bybit Card and spot margin trading, with a suite of tools comparable to that of Binance Futures. For European users, all traffic now goes through the regulated entity bybit.eu, which is separate from the global platform; it’s worth noting that Bybit suffered a $1.5 billion hack in February 2025, although this did not affect the European entity. View the full review of Bybit EU
Who is Bybit EU for? For former Binance users with experience in derivatives who want to maintain that trading profile within an EU-regulated framework.
Advantages:
- Entity regulated under a European MiCA license
- Strong focus on derivatives and advanced trading
- Up to 10x leverage available on spot trades
Disadvantages:
- Less suitable for beginners
- Background on a major theft on the global platform
- Recent Migration to the New European Entity
5. Coinbase: The Most Well-Known Option for Getting Started
Coinbase is a publicly traded exchange (Nasdaq: COIN since 2021) and one of the most heavily audited in the world, with more than 120 million users in over 100 countries. It ranks fifth because it combines the highest brand trust among the top 10 with an interface designed for those who have never bought cryptocurrency before—an alternative to Binance’s more complex interface. It holds a MiCA (CASP) license from the Luxembourg CSSF Effective June 2025, valid in all 27 EU countries.
The standard app charges fees of up to 3.99% for card transactions, but Coinbase Advanced reduces them to between 0.35% and 0.75% depending on volume, and Coinbase One eliminates fees for up to 10,000 € per month with a subscription. For European users, the platform reports tax data in accordance with the DAC8 regulation, which applies uniformly across all member states. View full Coinbase review
Who is Coinbase for? For former Binance users who are just getting started with crypto and prefer the trustworthiness of a publicly traded brand over lower fees.
Advantages:
- A well-known brand listed on the stock exchange
- Intuitive interface designed for beginners
- Large global user base
Disadvantages:
- High fees in the standard app
- You must upgrade to Advanced to get competitive rates
- Less suitable for those who already have advanced experience
6. Bit2Me: The Spanish fintech company offering support in several Southern European languages
Bit2Me is Spain's leading crypto platform, founded in 2014 and operating in more than 80 countries. It ranks sixth because it is the only one in the top 10 with a direct MiCA (CASP) license from the CNMV, which it obtained in July 2025 as the first Spanish-speaking fintech to do so, and because it offers 24/7 phone support in Spanish—something Binance never offered in Europe.
Its fees range from 0.1% to 0.6%–0.95% depending on the type of transaction, with discounts if you hold its native B2M token—a scheme similar to that of BNB on Binance. For European users, it operates in euros via SEPA without currency conversion, and its insurance coverage of up to 150 million euros for cold storage is among the highest in the ranking. See the full review of Bit2Me
Who is Bit2Me for? For former Binance users who prioritize Spanish-language support and direct national regulation over having the lowest fees on the market.
Advantages:
- 24/7 phone support in Spanish
- Insurance coverage of up to 150 million euros
- Direct regulation by the CNMV under the European passport system
Desventejas:
- Higher fees than other exchanges in the top 10
- A smaller selection of cryptocurrencies than Binance
- Customer service that is less focused on other European languages
7. Bitpanda: Cryptocurrencies, stocks, and precious metals all in one app
Bitpanda is an Austrian platform founded in 2014 that combines cryptocurrencies, stocks, ETFs, and precious metals in a single account, with more than 6 million users in Europe. It ranks seventh for being the most comprehensive multi-asset offering in the top 10—something Binance does not offer within its own ecosystem. It was the first major crypto platform to obtain the MiCA license, granted by the Germany's BaFin in January 2025.
Instant buying and selling incurs a 1.49% fee, while Bitpanda Fusion (its Pro version) charges as low as 0.02% for makers—among the lowest fees in the entire ranking. Deposits via bank transfer are free, and a 1.5% fee applies for card deposits. For European users, the platform is available in virtually all EU languages, although customer support is provided only in English, with no live chat or phone support. See the full review of Bitpanda
Who is Bitpanda for? For former Binance users who want to invest in crypto, stocks, and precious metals all from a single app, with robust European regulation.
Advantages:
- Combine crypto, stocks, ETFs, and precious metals
- A pioneer in obtaining the MiCA license in Europe
- Deposits via wire transfer with no fees
Desventejas:
- High commission on instant buy/sell transactions
- Customer service is available in English only
- No live chat or phone support
8. Bitstamp: Europe's longest-running regulated exchange
Bitstamp is Europe’s oldest active cryptocurrency exchange, founded in 2011 and owned by Robinhood (Nasdaq: HOOD) since 2025. It ranks eighth due to its track record of more than a decade without any serious security incidents, a particularly attractive feature for those seeking the most reliable alternative to Binance. Headquartered in Luxembourg, it was the first platform to obtain the MiCA (CASP) license from the CSSF In May 2025, in addition to already holding a MiFID license to operate as a multilateral trading facility.
Its fees are in line with the market average and decrease based on trading volume, with the advantage of operating under a double-layered regulatory framework (MiCA and MiFID) that Binance never fully implemented in the EU. For European users, it is a platform that has been well-established in the European market for over a decade, although its selection of cryptocurrencies is smaller than Binance’s. See the full review of Bitstamp
Who is Bitstamp for? For former Binance users who prioritize track record and regulatory stability over product variety or app design.
Advantages:
- A track record of more than a decade without serious incidents
- Dual regulation under MiCA and MiFID licenses
- Backed by the Nasdaq-listed Robinhood Group
Disadvantages:
- A smaller selection of cryptocurrencies than others
- The app's design is less modern
- Commissions are average; they are not among the lowest
9. Finst: The Easiest Way to Securely Store Cryptocurrency
Finst is a Dutch exchange focused on simplicity and secure custody, headquartered in Amsterdam and licensed under MiCA (CASP) by the Dutch AFM in July 2025. It ranks ninth as the most minimalist option in the top 10, in contrast to the complexity of the Binance ecosystem: fewer features than the rest, but a fixed and transparent fee structure that appeals to those who prioritize simplicity over advanced tools.
It charges a flat commission of 0.15% on all trades, with no tiers or hidden fees, and offers staking with returns of up to 11% APY on select cryptocurrencies. For European users, registration is quick, and the interface is designed for those who don’t want to deal with advanced orders or technical charts. See the full review of Finst
Who is Finst for? For former Binance users looking for the simplest and most transparent way to buy and hold cryptocurrencies, without advanced trading tools.
Advantages:
- Fixed and transparent commission with no tiers
- Staking with returns of up to 11% APY
- A very simple and fast-to-use interface
Disadvantages:
- Fewer features than other exchanges in the top 10
- No advanced trading tools
- More limited selection of cryptocurrencies
10. OKX Europe: Low fees and Web3 access for the most active users
OKX Europe is the European arm of OKX, a global exchange that ranks among the top 10 most cost-effective options for frequent traders, while also offering access to Web3 features (such as its own wallet and DeFi) that are uncommon among centralized exchanges. It was among the first to obtain the MiCA (CASP) license in the EU, granted by the Maltese MFSA in January 2025.
Its spot trading fees are among the lowest in the industry: 0.08% for makers and 0.1% for takers, with volume-based discounts with no minimum, very close to the rates Binance offered before its EU restrictions. The minimum deposit is just €1. For European users, it does not have its own guarantee fund, but it offers quarterly Proof of Reserves audits and multilingual customer support via chat in several European languages. View the full review of OKX Europe
Who is OKX Europe for? For former Binance users with a certain trading volume who are looking for low fees and want to start exploring Web3 without leaving the exchange.
Advantages:
- Spot commissions among the lowest in the industry
- Access to Web3 features such as a native wallet
- Reserve audits published quarterly
Disadvantages:
- It does not have its own guarantee fund
- Designed primarily for users with some experience
- Less brand recognition than Binance
Comparison Table of Alternatives to Binance in Europe
After reviewing the 10 exchanges, here is a comparison table that summarizes each one’s cryptocurrency offerings, maker/taker fees, and MiCA compliance for anyone looking to switch from Binance to a regulated alternative in Europe.
| Platform | Cryptos | Maker / Taker | Regulation |
|---|---|---|---|
Bitvavo
|
428+ | 0,15% / 0,25% | MiCA (AFM, Netherlands) |
Kraken
(Kraken Pro)
|
600+ | 0,40% / 0,80% | MiCA (Central Bank of Ireland) |
Crypto.com
|
250+ | 0,075% / 0,075% | MiCA (MFSA, Malta) |
Bybit EU
|
700+ | 0,10% / 0,10% | MiCA (FMA, Austria) |
Coinbase
|
400+ | 0,35% / 0,75% | MiCA (CSSF, Luxembourg) |
Bit2Me
|
259+ | 0,50% / 0,60% | MiCA (CNMV, Spain) |
Bitpanda
|
650+ | 0,02% / 1,49% | MiCA (BaFin, Germany) |
Bitstamp
|
100+ | Market average | MiCA + MiFID (CSSF, Luxembourg) |
Finst
|
340+ | 0,15% / 0,15% | MiCA (AFM, Netherlands) |
OKX Europe
|
375+ | 0,08% / 0,10% | MiCA (MFSA, Malta) |
All the exchanges in this ranking hold full MiCA licenses, something Binance does not have in Europe. The best option will depend on whether you prioritize a wide selection of assets similar to Binance’s, low fees, or a specific national regulator.
Why Look for an Alternative to Binance in Europe in 2026?
Binance withdrew its application for a MiCA license in Greece and, as of July 1, 2026, fell outside the regulated framework in the European Union. Since then, it has only allowed its European users to close out positions and withdraw funds, without accepting new registrations or deposits. This forces anyone who continued to trade on Binance to migrate their activity to an exchange with a full MiCA license—something that all the platforms in this ranking have already addressed.
When choosing an alternative, it’s a good idea to consider the same factors that made Binance appealing:
- Extensive catalog: Kraken and Bybit EU are the platforms with the most cryptocurrencies available; they come closest to the selection offered by Binance.
- Low fees: OKX Europe and Bitpanda Fusion offer fees that are comparable to or even lower than those charged by Binance with a discount for its native token.
- Advanced Trading: Bybit EU is the option most focused on derivatives and margin trading—the segment where Binance had the strongest presence.
- Fiat exchange rate in euros: Bitvavo, Bit2Me, and Finst offer euro deposits via SEPA without currency conversion, a service that Binance no longer offers directly in the EU.
And, above all, the regulatory guarantee provided by the MiCA (CASP) license, issued by a national regulator in the EU and valid across all 27 member states, which can be verified in the registry of the ESMA.
How We Selected the Binance Alternatives in This Ranking
This ranking was compiled based on a comparative analysis of MiCA-authorized cryptocurrency exchanges available to customers in the European Union, specifically selecting those that best match Binance’s offerings in terms of product lineup, fees, or trading features, in order to identify the best alternatives in 2026.
To compile the ranking, we evaluated each platform based on the following criteria:
| Criteria | What We Evaluate | |
|---|---|---|
| 1 | License Regulation and Verification | We only include exchanges with full MiCA authorization, verifying each operator in ESMA’s public registry—a status that Binance does not hold in the European Union. |
| 2 | Similarity to Binance's catalog | The breadth of the cryptocurrency lineup and the availability of trading pairs, comparing each platform to Binance's offerings prior to its restrictions. |
| 3 | Advanced Trading Tools | Availability of margin trading, futures, and derivatives—areas where Binance held a stronger position compared to the rest of the market. |
| 4 | Tax Adjustment | Clear, exportable transaction reports that are useful for complying with the tax regulations of each Member State and with DAC8 reporting requirements. |
| 5 | Actual Trading Costs | Actual trades on each platform, taking into account the combined cost of commissions, spreads, and withdrawal fees—not just the advertised rate. |
| 6 | Track Record and Transparency | Each exchange's security track record and transparency in the disclosure of reserves (Proof of Reserves). |
The testing was completed in September 2026, with a final verification of the licenses in force in ESMA’s public registry as of the publication date. You can review the complete data research and verification process on our methodology.
Important note: We review this ranking periodically based on new MiCA authorizations, changes in fees, or regulatory updates regarding Binance. Rankings are subject to change.
The information presented in this ranking is for informational and educational purposes only. It does not constitute financial or tax advice, nor is it a personalized investment recommendation. Using cryptocurrency exchanges involves risks, and each user is responsible for assessing which platform best suits their profile, as well as for complying with applicable regulations and their legal and tax obligations under current Spanish law. Some links in this ranking are affiliate links: if you open an account through them, Exchange Selector may receive a commission at no additional cost to you. This does not influence the criteria or the order of this ranking.
(FAQ) How to Choose an Alternative to Binance in Europe in 2026
I was just looking for an alternative to Binance, and this ranking has really helped me understand the differences.