Binance vs KuCoin Signup Bonus & Fee Comparison (2026)

Binance vs KuCoin: Which Offers More for New Users?

Both Binance and KuCoin attract new users with referral discounts and welcome bonuses. Here’s a complete comparison.

Referral Discount Comparison

Feature	Binance	KuCoin
Max user discount	20%	20%
Code	RATE20	Varies
Duration	Permanent	Permanent
Token discount	BNB (25% off)	KCS (~20% off)
Best spot rate	~0.06%	~0.06%

At the referral level, both exchanges offer similar discounts. The differences emerge in execution.

Fee Structure

Spot Fees

	Binance	KuCoin
Maker	0.10% (0.08% w/ref)	0.10% (0.08% w/ref)
Taker	0.10% (0.08% w/ref)	0.10% (0.08% w/ref)
With token	~0.06%	~0.06%

Futures Fees

	Binance	KuCoin
Maker	0.02% (0.016% w/ref)	0.02% (0.016% w/ref)
Taker	0.05% (0.04% w/ref)	0.06% (0.048% w/ref)

KuCoin’s futures taker fee is higher (0.06% vs 0.05%). For futures traders, Binance is definitively cheaper.

Liquidity

Metric	Binance	KuCoin
24h Spot Volume	~$15-20B	~$1-2B
24h Futures Volume	~$40-60B	~$3-5B
BTC spread	Very tight	Moderate

Binance has 10x+ more liquidity than KuCoin. This means significantly better trade execution, especially for orders above $1,000.

Features

Feature	Binance	KuCoin
Coins listed	600+	700+
Futures pairs	300+	200+
Max leverage	125x	100x
Earn/Staking	Comprehensive	Good
Copy trading	Yes	Yes
Grid bots	Yes	Yes
P2P trading	Yes (global)	Yes (limited)
Launchpad	Yes (larger)	Yes (Spotlight)

KuCoin actually lists more coins than Binance, including many smaller-cap altcoins. If you trade micro-cap gems, KuCoin has an edge. For everything else, Binance has more depth.

When to Choose KuCoin

• You want access to very small-cap altcoins not listed on Binance
• You prefer KuCoin’s interface
• You want to use KuCoin’s lending market

When to Choose Binance

• You trade futures (lower taker fees, more liquidity)
• You trade with larger position sizes (better fills)
• You want the broadest ecosystem (Earn, P2P, Launchpad)
• You want BNB fee discounts

The Verdict

For fee-conscious traders, Binance wins on futures (lower taker fees) and liquidity (10x deeper). KuCoin is a solid alternative for altcoin discovery.

Use referral code RATE20 on Binance for the maximum 20% lifetime discount.