The cryptocurrency market in Venezuela continues to expand rapidly, primarily driven by economic instability and monetary fluctuations.
The National Superintendency of Crypto Assets and Related Activities (Sunacrip) oversees digital assets and regulates the crypto exchanges operating in the country.
#Binance is one of the most used cryptocurrency exchanges in Venezuela, recognized for its enormous global user base and its wide range of products. Launched in 2017, it serves over 266 million registered users worldwide, consistently generating high daily trading volumes in more than 350 crypto assets.
The trading ecosystem of the platform includes spot, margin, and futures markets. Binance is also known for its thriving P2P market, which offers Venezuelans a convenient method to deposit and withdraw funds in Venezuelan bolivars. As a global exchange, the interface can be used in Spanish and in over 40 other languages.
Additionally, Binance Earn allows users to generate passive income through staking, lending, and yield farming. Binance regularly introduces new features to enhance the trading experience, such as copy trading, an NFT Marketplace, and the Launchpad, which allows users to invest early in promising cryptocurrency projects.
Featured platform:
Fees: Spot trading fees start at 0.1%; additional discounts are offered using BNB tokens.
Supported assets: Over 350 cryptocurrencies.
Regulation and licenses: Regulated across South America and available in Venezuela.
VES deposit methods: P2P market.