Where is Binance headquartered?

Headquartered in Saint Denis, Réunion, France, Binance is the world's largest cryptocurrency exchange, boasting a user base in over 180 countries despite facing controversies such as investigations by the SEC and FCA.

Feb 18, 2025 at 04:06 am

Key Points:

• Binance is headquartered in Saint Denis, Réunion, France, which is an island located in the Indian Ocean, east of Madagascar.
• The Binance Visa Card is a debit card that allows users to spend their cryptocurrency anywhere Visa is accepted.
• Binance has been involved in a number of controversies, including investigations by the SEC and the UK Financial Conduct Authority.

Where is Binance Headquartered?

Binance, the world's largest cryptocurrency exchange, is headquartered in Saint Denis, Réunion, France. Saint Denis is the capital and most populous city of Réunion, a French overseas department and region in the Indian Ocean. Réunion is an island located about 200 kilometers east of Madagascar and 300 kilometers southwest of Mauritius.

Binance was founded in 2017 by Changpeng Zhao, a Chinese-born Canadian entrepreneur. The company initially had its headquarters in China, but moved to Japan in 2018 and then to Malta in 2019. In 2022, Binance announced that it was moving its headquarters to Saint Denis, Réunion.

Binance's headquarters in Saint Denis is located at 30 Rue Aristide Briand, 97400 Saint Denis, Réunion. The company occupies the entire third floor of the building.

Binance Visa Card

In 2021, Binance launched the Binance Visa Card, a debit card that allows users to spend their cryptocurrency anywhere Visa is accepted. The Binance Visa Card is available in two tiers:

• Standard Card: The Standard Card is free to order and has a 3% transaction fee.
• Premium Card: The Premium Card costs $15 per year and has a 2% transaction fee.

The Binance Visa Card can be used to withdraw cash from ATMs and to make purchases at merchants that accept Visa. Users can also use the Binance Visa Card to pay bills and to make transfers to other bank accounts.

Binance Controversies

Binance has been involved in a number of controversies since its launch in 2017. In 2018, the SEC investigated Binance for possible violations of securities laws. The SEC investigation was closed in 2020 without any charges being filed.

In 2019, the UK Financial Conduct Authority (FCA) warned Binance that it was not authorized to operate in the UK. The FCA later banned Binance from operating in the UK.

In 2021, Binance was accused of facilitating money laundering and other illicit activities. The US Department of Justice is reportedly investigating Binance for possible criminal violations.

FAQs

• Is Binance a safe exchange to use?
  Binance is one of the most reputable and well-established cryptocurrency exchanges in the world. The company has a strong track record of security and has never been hacked.
• What countries is Binance available in?
  Binance is available in over 180 countries around the world. However, some countries, such as the US and the UK, have restrictions on Binance's operations.
• What is the Binance Visa Card?
  The Binance Visa Card is a debit card that allows users to spend their cryptocurrency anywhere Visa is accepted. The card is available in two tiers: Standard Card and Premium Card.