Verdict
Higher trust score: FixedFloat
Based on our trust scoring, FixedFloat comes out ahead of Binance (5.3 vs 4.2). The gap reflects differences in KYC stance, custody model and operational track record.
Note: Scores are our independent assessment. Both services have valid use cases — read each detail page before deciding.
Score breakdown
Overall /10
FixedFloat
5.3
Average
Binance
4.2
Weak
Privacy /100
FixedFloat
70
Good
Binance
0
Poor
Trust /100
FixedFloat
44
Weak
Binance
59
Average
Side by side
KYC level
L2Discreet
L5Mandatory
Tagline
Instant no-signup crypto swap running since 2018 — one of the first to integrate Bitcoin Lightning, 80+ coins including Monero, 0.5% floating / 1% fixed fees. AML flagging and two 2024 hot-wallet hacks on file.
World's largest centralized crypto exchange — 500+ assets, mandatory KYC for every user, SAFU insurance fund, monthly Merkle-tree proof-of-reserves, and a $4.3B 2023 DOJ settlement with an ongoing compliance monitor.
Jurisdiction
Undisclosed
Global (UAE-regulated)
Founded
2018
2017
Tor / .onion
No
No
Categories
Exchange, Aggregator
Exchange
Feature comparison 12
FixedFloat
Binance
Bitcoin (BTC)
Accepts Monero (XMR)
—
No signup required
—
Lightning Network
—
Accepts fiat
—
Mobile app
—
Web app
Instant
—
Available worldwide
—
Custodial
Requires email
—
Logs IP addresses
—
Read the full reviews
The side-by-side covers the headlines — the detail pages walk through every claim and citation.