Binance alternatives in Europe
By PlatformCrypto.eu editorial team · Last checked on
Binance was not in ESMA's register of authorised crypto-asset service providers when we checked it on 12 October 2026 (register file of 7 October 2026), so it is not part of our comparison. Here is what that means in the EU, how to check any platform yourself, and the licensed platforms we do compare.
Binance is not on PlatformCrypto.eu because it does not hold a MiCA licence that we could find in the EU's official register. We only compare platforms whose licence we have checked ourselves. If you are looking for an alternative, the eight licensed platforms we compare are listed further down, and the comparison shows which one gives you the most crypto for your euros.
Why Binance is not on PlatformCrypto.eu
Since the EU's Markets in Crypto-Assets Regulation (MiCA) took full effect, a company needs authorisation from a national regulator to provide crypto-asset services in the EU. ESMA, the EU's securities markets authority, lists the authorised providers, as reported by the national regulators, in its interim MiCA register.
- Not in the register. In the register's list of authorised crypto-asset service providers, in the version of 7 October 2026, there is no entry for Binance. We checked this on 12 October 2026.
- Not on the non-compliant list either. Binance also does not appear in ESMA's separate list of non-compliant entities, which national regulators use to flag companies offering crypto services without authorisation.
- What Binance says. On 24 June 2026 Binance announced that it had withdrawn its MiCA application with the Hellenic Capital Market Commission in Greece, and that it intends to seek authorisation in another EU member state. Binance says it is contacting its EU users about what this means for them.
We check ESMA's register every month. If an authorised Binance company appears in it, we will update this page.
What the end of the transitional period means
MiCA's rules for crypto-asset service providers have applied since 30 December 2024. Companies that were already active under national rules could carry on for a transitional period: until 1 July 2026 at the latest, and less in member states that chose a shorter period. Our overview of MiCA-licensed exchanges lists the period each country chose.
According to ESMA, the transitional period ended across the EU on 1 July 2026. After that date, a company providing crypto-asset services to EU clients without a MiCA licence is in breach of EU law. In its statement of 23 June 2026, ESMA set out what it expects from such providers:
- stop taking on new EU clients and stop marketing to them straight away;
- limit their services to what clients need to sell or transfer their crypto or close positions;
- keep holding clients' crypto only for as long as an orderly exit strictly requires;
- tell clients clearly and repeatedly how and by when they can move or close their positions.
ESMA also reminds providers based outside the EU that they may not offer MiCA services to EU clients or approach them. The only exception is the narrow case where a client contacts the provider entirely on their own initiative.
What this means for you
ESMA warns that clients of unauthorised providers, inside or outside the EU, do not benefit from MiCA's safeguards, including the rules that protect clients' assets. It invites clients to check whether their provider is authorised and, if it is not, to act promptly: for example by transferring their crypto to an authorised provider or to a self-hosted wallet. If something goes wrong, ESMA says to contact the provider first.
What Binance still offers in your country depends, according to Binance, on where you live and on your account status. This page does not tell you what to do with your account; it sets out the rules and where to check.
How to check any platform yourself
You do not need to rely on us. It takes a few minutes:
- Find the company you deal with. The terms of use or your account agreement name the legal entity. ESMA stresses that MiCA protection applies only to that specific authorised company in the EU, not to other companies in the same group or to companies outside the EU, even if they use the same brand.
- Look it up in ESMA's register. Download the file of authorised crypto-asset service providers from ESMA's MiCA page and search for the company name or its LEI (legal entity identifier). The file opens in any spreadsheet program.
- Read the details. Each entry shows the regulator, the home country, the date of authorisation, any withdrawal date, the services covered and the countries the company has notified.
- Check your country. The entry lists the countries where the company intends to provide its services. If yours is missing, ask the company before you sign up.
- Check for warnings. ESMA publishes a separate list of non-compliant entities, and your national regulator usually has its own register and warning list. ESMA's file is updated weekly and can lag behind national registers.
Licensed alternatives to Binance
All platforms below hold a MiCA licence that we checked in ESMA's register. The table shows the regulator that granted each licence and when.
| Platform | Regulator | Licensed since |
|---|---|---|
| Bitvavo | AFM (Netherlands) | 26 June 2025 |
| Kraken | Central Bank of Ireland | 25 June 2025 |
| Coinbase | CSSF (Luxembourg) | 20 June 2025 |
| Crypto.com | MFSA (Malta) | 27 January 2025 |
| Bitpanda | FMA (Austria) | 9 April 2025 |
| OKX | MFSA (Malta) | 27 January 2025 |
| Bybit EU | FMA (Austria) | 28 May 2025 |
| Bitstamp | CSSF (Luxembourg) | 15 May 2025 |
Source: ESMA interim MiCA register, checked on 12 October 2026.
Which of them costs least depends on what you buy and how. Two things are worth knowing if you are coming from Binance:
- If you mostly bought with one tap in the app, compare in the "simple app" view. Many apps add a markup to the price; we include it wherever the platform publishes it.
- If you mostly placed your own orders on the trading screen, compare in the "advanced trading" view, which uses each platform's order book and trading fee.
Moving crypto from one platform to another usually costs a withdrawal or network fee. Those fees are not part of our comparison.
You can read how each platform charges in our fee guides: Bitvavo, Kraken, Coinbase, Crypto.com, Bitpanda, OKX, Bybit EU and Bitstamp. For a ranking of all eight on cost, see the best crypto exchange in Europe by cost.
Frequently asked questions
Does Binance have a MiCA licence?
Binance did not appear in ESMA's interim register of authorised crypto-asset service providers in the version of 7 October 2026, which we checked on 12 October 2026. On 24 June 2026 Binance said it had withdrawn its MiCA application in Greece and intended to seek authorisation in another EU member state.
Can I still use Binance in the EU?
Since the MiCA transitional period ended on 1 July 2026, ESMA expects providers without authorisation to stop taking on new EU clients and to wind down their EU services. Binance says the impact depends on your country and account status and that it is contacting its EU users. ESMA points out that clients of unauthorised providers do not benefit from MiCA's safeguards.
What should I do with crypto I hold on Binance?
That is your decision; we do not give advice. ESMA invites clients of unauthorised providers to act promptly, for example by moving their crypto to an authorised provider or to a self-hosted wallet, and to contact the provider first if they run into difficulties. Binance stated on 24 June 2026 that its users’ assets will remain accessible at all times.
Is Bybit EU the same as Bybit?
No. Bybit EU GmbH is a separate company in Vienna with a MiCA licence from the Austrian Financial Market Authority (FMA). We only compare Bybit EU, not Bybit’s global platform.
Which Binance alternative is cheapest?
It depends on the coin, the amount, how you pay and whether you use the simple app or the trading screen. Our comparison works it out with live prices for your purchase.