Binance | Bison | |
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Introduction | Binance Binance is one of the leading global cryptocurrency exchanges since 2017, initially founded in China. Binance offers trading for spot cryptocurrencies and futures, with both rich trading tools and a simple trading interface with Binance Lite. The exchange is particularly known for listing many cryptocurrencies at low trading fees. While Binance originates from China it has expanded to dozens of countries around the world where it seeks to adhere to local regulations. | Bison Bison is a multi-asset broker from Germany that offers trading of cryptocurrencies since 2019, and stocks & ETFs since 2023 - powered by the Bรถrse Stuttgart. Trading crypto on the Bison app is very easy due to a simple trading interface, yet rich in features, making Bison optimal for cryptocurrency beginners. Being regulated in Germany, Bison offers a secure and reliable way to start investing in cryptocurrencies. |
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Pros |
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Cons |
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Binance | Bison | |
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Tradable Assets | Cryptocurrencies, Derivates | Cryptocurrencies, ETFs, Stocks |
Cryptocurrencies | 350+ | 17+ |
Stocks | - | 2500+ |
ETFs | - | 850+ |
Payment Methods | ||
Min. Deposit | 1โฌ | 20โฌ |
Verification | ID, Selfie | ID, Video |
Languages | ๐ฌ๐ง English | ๐ฌ๐ง English |
Headquarters | ๐ฐ๐พ Cayman Islands | ๐ฉ๐ช Germany |
Regulations | ๐ซ๐ท AMS, ๐ช๐ธ BdE, ๐ธ๐ช FI, ๐ฑ๐น FIU, ๐ต๐ฑ KAS, ๐ฎ๐น OAM, ๐ฒ๐ฝ SAT | ๐ฉ๐ช BaFin |
Founded In | 2017 | 2019 |
Binance vs BisonShowcase
Binance | Bison | |
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Fee Structure | Binance The trading fees on Binance depend on the used trading mode. In the easy trading mode, Binance Lite, higher fees of 0.5% apply. The advanced mode, Binance Pro, only comes with fees of 0.02-0.1%, which get lower the more you trade. Fees on Binance Pro can be further reduced by -25% by using Binance's own token BNB for paying fees. | Bison For cryptocurrencies, Bison has a trading fee of up to 1.25% in the form of a spread across its entire app. This spread varies but is rather moderate on average compared to other easy trading apps. For stocks and ETFs, Bison charges a relatively small fee of 1.99โฌ for every single order. |
Standard Crypto Fee | 0.5% | 1.25% |
Advanced Crypto Fee | 0.02-0.1% | - |
Average Crypto Fee | 0.28% | 1.25% |
Binance | Bison | |
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< 1,000,000$ | 0.1% | 1.25% |
< 5,000,000$ | 0.09-0.1% | 1.25% |
< 20,000,000$ | 0.08-0.1% | 1.25% |
Binance | Bison | |
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Tradable Coins |
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Bitcoin | Yes | Yes |
Ethereum | Yes | Yes |
BNB | Yes | No |
XRP | Yes | Yes |
TRON | Yes | No |
Litecoin | Yes | Yes |
Binance | Bison | |
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Mobile App | Android,iOS | Android,iOS |
Web Version | Yes | Yes |
Easy Trading | Yes | Yes |
Pro Trading | No | |
Demo Account | ||
Signup Bonus | No | No |
Recurring Buys | Yes | Yes |
Real Crypto | Yes | Yes |
Withdrawable Crypto | Yes | Yes |
Crypto Staking | Yes | No |
Crypto Lending | Yes | No |
Why Binance over Bison? | |
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Binance | Bison | |
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Registration Speed | 70/100 | 90/100 |
Simplicity | 78/100 | 95/100 |
Coins | 99/100 | 83/100 |
Features | 97/100 | 80/100 |
Fees | 93/100 | 88/100 |
Opinion | Binance 87% Good /2024 We recommend Binance to advanced cryptocurrency investors who feel confident with advanced trading interfaces. This is because while Binance Lite is more or less suitable for Beginners, it's apparent that Binance values features and cost-efficiency over beginner friendliness throughout all trading modes. Binance particularly shines regarding the number of tradable coins and trading fees, making it perfect for high-volume traders and small-cap investors. | Bison 87% Good /2024 Bison offers an easy way to trade crypto and stocks at moderate trading fees. This makes Bison especially suitable beginners who value security and ease of usage more than low trading fees and an excessive trading offering. This is because, unfortunately, Bison only has the major cryptocurrencies listed, making it unsuitable for altcoin fans and advanced crypto traders. |