--- title: Binance Reviews meta_title: Binance Reviews, Pros + Cons, and Top Rated Features meta_description: Binance reviews, pros and cons, and highest rated features. All from real, verified users. aggregate_rating: rating_value: 4.0 review_count: 197 scale: '5' date_modified: '2026-07-21' parent_category: name: Cryptocurrency url: https://www.g2.com/categories/cryptocurrency --- # Binance Reviews **Vendor:** Binance **Category:** [Cryptocurrency Exchanges](https://www.g2.com/categories/cryptocurrency-exchanges) **Average Rating:** 4.0/5.0 **Total Reviews:** 197 ## About Binance Binance is a global cryptocurrency exchange platform, renowned for its extensive range of digital assets and comprehensive trading services. Established in 2017 by Changpeng Zhao, Binance has rapidly ascended to become the largest cryptocurrency exchange by daily trading volume. The platform offers users access to over 350 cryptocurrencies and more than 1,200 trading pairs across spot, margin, and futures markets. With a user base exceeding 304 million, Binance provides a robust and secure environment for both novice and experienced traders. Key Features and Functionality: - Extensive Asset Support: Binance supports a vast array of cryptocurrencies, enabling users to trade a diverse selection of digital assets. - Advanced Trading Options: The platform offers various trading modes, including spot, margin, and futures trading, catering to different risk appetites and strategies. - Security Measures: Binance employs advanced security protocols, such as two-factor authentication (2FA), withdrawal address whitelisting, and AI-driven risk monitoring. Over 95% of customer funds are held in cold storage, and the platform maintains a $1 billion Secure Asset Fund for Users (SAFU) to protect against unforeseen incidents. - User-Friendly Interface: The platform is designed with an intuitive interface, making it accessible for both beginners and seasoned traders. - Educational Resources: Binance provides a wealth of educational materials to help users understand cryptocurrency trading and investment strategies. Primary Value and User Solutions: Binance addresses the need for a reliable, secure, and comprehensive cryptocurrency trading platform. By offering a wide range of digital assets, advanced trading features, and stringent security measures, Binance empowers users to engage confidently in the cryptocurrency market. The platform's commitment to user education and support further enhances the trading experience, making it a preferred choice for individuals seeking to invest in digital currencies. ## Binance Pros & Cons **What users like:** - Users highlight the **ease of use** of Binance, making trading and investing efficient for both beginners and experts. (11 reviews) - Users appreciate the **wide range of features** on Binance, enjoying its convenience and versatility for trading activities. (6 reviews) - Users value the **low fees** on Binance, enhancing their trading experience compared to other exchanges. (5 reviews) - Users value the **strong security** of Binance, providing peace of mind while trading and holding assets. (5 reviews) - Users value the **easy setup** of Binance, appreciating the straightforward account creation and navigation process. (4 reviews) - Users enjoy Binance for its **huge coin selection** , facilitating easy diversification and investment opportunities. (3 reviews) - Users appreciate the **ease of use and high liquidity** on Binance, making crypto trading efficient and accessible. (3 reviews) - Crypto Variety (3 reviews) - Users appreciate the **easy trading experience** on Binance, benefiting from its intuitive interface and robust features. (3 reviews) - High Trading Volume (3 reviews) **What users dislike:** - Users find Binance's platform to be **overwhelming and not beginner-friendly** , making it difficult to navigate for newcomers. (5 reviews) - Users face **interface issues** on Binance, finding it complex and overwhelming, especially for new users. (4 reviews) - Users are frustrated by the **high fees** , especially concerning withdrawals, impacting their overall experience with Binance. (2 reviews) - Users express concern about the **lack of transparency** regarding token listings and the administration of their funds on Binance. (2 reviews) - Users often face **poor support** , experiencing slow responses and inconsistency during critical times on Binance. (2 reviews) - Users express concerns over **security issues** on Binance, highlighting risks of scams and unregulated community interactions. (2 reviews) - App Instability (1 reviews) - Complex Processes (1 reviews) - Users express frustration over the **minimum withdrawal limit** on Binance's P2P platform, finding it restrictive and inconvenient. (1 reviews) - Limited Cryptocurrencies (1 reviews) ## Binance Reviews ### 1. Binance is one of the best crypto exchanges in the world, but comes with its limitations too **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Internet | Small-Business (50 or fewer emp.) **Reviewed Date:** January 04, 2022 **What do you like best about Binance?** Binance is functional in my country (Nigeria), unlike many other crypto exchanges. The verification process is easy and very fast. I can easily buy crypto via peer-to-peer. **What do you dislike about Binance?** What I do not like about Binance is that one needs $15 before one can buy any crypto with his debit card! That's bad & inconsiderate. Not everyone can afford that amount. Also, you need to have at least $20 worth of any coin before you can CONVERT for another coin, on Binance! đŸ˜© **What problems is Binance solving and how is that benefiting you?** I use Binance to easily trade my crypto assets, receive money to my bank account, learn more about cryptocurrency. Indeed, I have become a great crypto trader with the app ### 2. The Best cryptocurrency exchange in the world! **Rating:** 5.0/5.0 stars **Reviewed by:** Sanchit S. | Training Coordinator, Small-Business (50 or fewer emp.) **Reviewed Date:** September 28, 2021 **What do you like best about Binance?** * It has the lowest fees in the market as compared to others. * Complete DeFi tools like farms, liquidity, etc for investing in crypto. * Best exchange rates across the market. * Peer2Peer is one of the best features that make the transactions easy & without any fees to a third party. **What do you dislike about Binance?** There's nothing that I dislike about Binance, it's a perfect crypto trading portal. Still, if I have to nitpick, the UI can be simpler as it is difficult for a newbie to understand things in Binance, it has way lot of features. **What problems is Binance solving and how is that benefiting you?** All of my crypto portfolio investments are through Binance and it's been a year and still, there are no problems. I get the best rates in the market. There's huge liquidity so transactions are also very fast. ### 3. Binance the secure and best platform for cryptocurrency exchanges **Rating:** 5.0/5.0 stars **Reviewed by:** Anurag T. | Data Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** November 18, 2021 **What do you like best about Binance?** Binance has low fees compared to other exchanges, 25% trading fee discount if you pay fees using Binance Coin i.e. BNB coin **What do you dislike about Binance?** Binance is not available in all states $10 minimum trade Site can be difficult to use Lack of information on security U.S. partner of Binance, which has a history of regulatory scrutiny **What problems is Binance solving and how is that benefiting you?** 0.015% to 0.10% purchase and trading fees, 3.5% or $10, whichever is higher for debit card purchases, or $15 per U.S. wire transfer The option to use the third-party digital wallet, Trust Wallet Furthermore, U.S. customers can’t pay via credit card or complete margin trades ### 4. The most common crypto portal with language support and localization services **Rating:** 4.5/5.0 stars **Reviewed by:** Ali Y. | Product Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** October 25, 2021 **What do you like best about Binance?** I am a TR Binance user, one of Binance's affiliates. I can say that it is the most easily used portal in Turkey. I had a lot of problems with language support in Gateio. I manage my crypto portfolio quite easily and practically with Binance. **What do you dislike about Binance?** High latency for international money transfers. Last week I waited 1 hour for bitcoin worth $500 **What problems is Binance solving and how is that benefiting you?** I manage my BTC and ETH type of money transfers. I also manage my transactions for many altcoins. And very soon I made a contribution to the NFT for good campaign launched by Binance.Currently working at an NGO, I was inspired by Binance for our NFT for good project. ### 5. Initially can't able create account on this application due to some OTP error and network glitch **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Accounting | Enterprise (> 1000 emp.) **Reviewed Date:** October 31, 2021 **What do you like best about Binance?** It has more number of cryptos compared to the other application. Many options are there to buy crypto here. One can buy crypto either in rupees or dollar, so it supports different mode of payments **What do you dislike about Binance?** Can't able to convert dollars to rupees. It's not user friendly. Can't able to withdraw my money to bank account. Instant withdrawal is not possible it takes more time to deposit my money. Difficult to exchange with other cryptos **Recommendations to others considering Binance:** If someone looking to trade in dollars then it's best application **What problems is Binance solving and how is that benefiting you?** Easy to access the price of cryptos. It has almost all Currency and can buy them in dollars and rupees. Graphical representation of each crypto made it easy to analyze. Can buy from anywhere and at anytime. ### 6. Binance is a necessity for my crypto **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Investment Management | Small-Business (50 or fewer emp.) **Reviewed Date:** May 31, 2022 **What do you like best about Binance?** Makes it easy to exchange currencies right from an app on my phone. Setup was easy and verification went smoothly. **What do you dislike about Binance?** There isn't really anything that I have found to be an issue with Binance. I probably don't use it as much as some though. **What problems is Binance solving and how is that benefiting you?** Binance allows me one of the steps in transferring funds from my bank account into crypto currencies. Without it the whole thing does not work for me. ### 7. BInance Crypto Exchange got all coins available for trading **Rating:** 5.0/5.0 stars **Reviewed by:** Avinash K. | Avinash, Small-Business (50 or fewer emp.) **Reviewed Date:** March 16, 2019 **What do you like best about Binance?** 1. Transaction fees are low compare to other platforms 2. Most coins are available for trading/Exchange 3. Secure 2-way authentication using google-authenticator 4. All Major coins BTC, BCC, ETH, DOGE, LTC are available for trading 5. Binance Exchange now available in the USA Also 6. Trading can be done using a coin combination BTC/ETH . 7. Great customer service team **What do you dislike about Binance?** 1. Transaction are always converted in BTC or binance coins 2. user needs to buy binance or bitcoins first to trade 3. Coins are suspended so users are facing losses so binance needs to support buyers for losses 4. They need to confirm coins which are listed on their exchange, User suffers huge losses on delisted coins so they need to take extra care while adding such coins **Recommendations to others considering Binance:** Supports Global Cryptocurrency support **What problems is Binance solving and how is that benefiting you?** Trading & Investment, Cryptocurrency Exchange from one coin to another, Deposit & Withdrawal of coins from exchanges ### 8. Best crypto application **Rating:** 5.0/5.0 stars **Reviewed by:** Ganesh K. | Quality Assurance Quality Control, Small-Business (50 or fewer emp.) **Reviewed Date:** March 16, 2022 **What do you like best about Binance?** One of the finestest crypto exchange out there....the app UI is simple,the chat and PNL analysis for helpful for insightAnd reporting proposes....overal l a great trading experience. **What do you dislike about Binance?** there was problem with they app while using futures, it automatically set my leverage to 100x from 20x without doing anything . **What problems is Binance solving and how is that benefiting you?** I have an option to earn some extra money by crypto trading and through referral code. ### 9. reliable cryptocurrency exchange **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Higher Education | Enterprise (> 1000 emp.) **Reviewed Date:** December 30, 2021 **What do you like best about Binance?** First of all, I know that my money is safe thanks to sensitive security rules. In addition, its reliable interface and ease of use are very useful. **What do you dislike about Binance?** Sometimes it turns off automatically after you do not log in even for a day, and it asks me for a password and verification code again. In fact, it is indispensable for security, even if it is annoying sometimes. **What problems is Binance solving and how is that benefiting you?** After reading dozens of news with crypto exchanges, I tried to find the most reliable one. Because there were so many victims around me. I also chose this application. Deposits and withdrawals are very easy. ### 10. Binance - Most trusted and No.1 Crypto exchange in the world **Rating:** 5.0/5.0 stars **Reviewed by:** Raman K. | Lead Business Analyst, Enterprise (> 1000 emp.) **Reviewed Date:** May 21, 2021 **What do you like best about Binance?** 1. secure 2. trustworthy 3. easy to use. 4. almost every coin is available. 5. no match for future and option trading options. 6. fantastic app 7. easy to use the web and mobile UI 8. connect to wazir x, so money transfer from wazir x to Binance and vice versa. **What do you dislike about Binance?** 1. not reliable in case if you have big funds. Try to keep significant funds in your hardware wallets. 2. only use it for trading 3.get crashed or stop working if the market becomes so much volatile in a day , but i think it will impove soon **Recommendations to others considering Binance:** Excellent app and web UI. Use it once. It's much better as compared to Indian exchanges. **What problems is Binance solving and how is that benefiting you?** I am using Binance for the past few months, and it's excellent. I already mentioned what I liked or disliked the most. But I like the different options it provides, and it's the best. ### 11. Free Crypto trading tool **Rating:** 3.5/5.0 stars **Reviewed by:** Mahmoud o. | Mechanical Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** October 18, 2021 **What do you like best about Binance?** You can use it anywhere in the word, you can easily register I love you to upload money to your wallet immediately, very trustworthy and good exchange rates **What do you dislike about Binance?** Not all crypto currency are available. Also sometimes it becomes really irritating through the identification procedure and somehow it's quite complicated to understand how to cash out your investment. **Recommendations to others considering Binance:** Good application, but you need to be wise in working & trading **What problems is Binance solving and how is that benefiting you?** Trading with a cryptocurrencies, investment " long and short run " deposit and withdraw coins for exchange and the variety of options for trading ### 12. SCAMMERS, AVOID at all COST!! I LOST all my money when I tried to withraw from Binance to my bank **Rating:** 0.0/5.0 stars **Reviewed by:** Ebaneo V. | Strategic Advisor for Entrepreuners, Small-Business (50 or fewer emp.) **Reviewed Date:** June 09, 2021 **What do you like best about Binance?** I do not have anything good to say about them! they are slow and never ever help you when you have problems. I tried to contact them to see if I can get my money back. **What do you dislike about Binance?** they are slow and never ever help you when you have problems. I Lost my money, I was earning some money with dogecoins and when I wanted to take out my money from scamance, I mean , binance, I never received my money into my bank! Now I am just waiting until they reply to my ticket and it has been more than 1 month that I wait for their reply(today is June 10 2021). I tried to take my money out and it never arrived even after 3 montjhs of wait! **Recommendations to others considering Binance:** Do not use this platform, they are fast to take your money but when time comes to offer support and help, they are nowhere to be found! I am doing this just to avoid other to loose their hard earned money **What problems is Binance solving and how is that benefiting you?** they just stole my money, nothing more, nothing less ### 13. good but can be improved **Rating:** 4.0/5.0 stars **Reviewed by:** sid r. | CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** January 06, 2022 **What do you like best about Binance?** Trading and connecting with other p2p users is easy. **What do you dislike about Binance?** There is nothing I dislike. But the p2p messing service can be improved. **What problems is Binance solving and how is that benefiting you?** I am doing spot & p2p trading with ease. It's the best benefit I realized. ### 14. Best application for trading crypto currency to buy and sell coins. **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** November 03, 2021 **What do you like best about Binance?** I liked the best is user friendly nature of application. One can buy and share crypto at anytime. Easy to trade at all time. It has more number of crypto coins. Easy to watch trading sessions. **What do you dislike about Binance?** Converting from dollars to rupees is the big issue in this app. Unable to get OTP while we login. Takes more time to approve account. Buying and selling difference alot. **What problems is Binance solving and how is that benefiting you?** I helped to me buy crypto and sell it. It will give news about crypto which will help user have proper knowledge and go for buy or sell. Can buy at any time and any place . ### 15. The best centralized crypto currency exchange **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** February 20, 2022 **What do you like best about Binance?** I have joined Binance 'cause it was only CEX supporting P2P services to Myanmar at the first time. However, I fall in love with many awesome features (earnings, mining, tradings etc..) and also active marketing campaigns. Just go trade and earn passive income at binance!! **What do you dislike about Binance?** Not so much but want them to increase earning APYs (which seems very less than other competitors) for most cryptos. **What problems is Binance solving and how is that benefiting you?** So many benefits and recommend to those who looking forward the best CEX to trade, earn and mining. ### 16. Probably the best crypto exchange around **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Publishing | Small-Business (50 or fewer emp.) **Reviewed Date:** November 30, 2021 **What do you like best about Binance?** Easy to use with a rather simple interface. A high number of crypto assets available to trade. High level of security. Low fees. Instant withdrawal to credit card or bank account. **What do you dislike about Binance?** There isn't that much to dislike since everything works smoothly. Maybe a live customer support chat system would be nice to have in place but until now that wasn't neccessary. **What problems is Binance solving and how is that benefiting you?** Binance helped us convert our Bitcoin and cryptocurrency payments into fiat cash and withdraw it in a fast and timely manner which saved us time. ### 17. A gateway to cryptoworld in a friendly and enjoyable one **Rating:** 5.0/5.0 stars **Reviewed by:** Ian L. | Online Marketing & Communications Associate, Small-Business (50 or fewer emp.) **Reviewed Date:** May 05, 2021 **What do you like best about Binance?** I wouldn't say that Binance is the easier Platform for beginers but you can feel that you are secured within it. You can enjoy trading or even investing with Binance sinxe it has a lot of features that you benefit with. For example is the BNB Vault you can just flexi stake your BNB coins there while you wait, same goes for the other coins via flexi save or Lock staking. I love the Simplicity lf the UI in the Application. There where 2 modes the Binance Normal version or Pro and Binance Lite. I like both since you can switch from one mode to another easily, but personally I use the normal one. I mostly use the app to chrck and monitor my Portfolio but i like using the desktop version when I have plenty of time to analyze and read the charts. Next is the explainer videos within. Its so good that Binance had effort in making their own animated Infographics for tutorials or even short explaining for how to trade especially in futures and margin trading. and last is the Coin Stocks recently added. It so nice that we users can buy Company stocks thru binance. It's kinda hitting two. birds with one stone, you don't need another application so that you can buy a stock. Although the list of companies are still limited atleast you can buy stocks for apple and tesla as of now. **What do you dislike about Binance?** What i don't like as of now is there are some missing features that i see that you can see in other platform like a Trading both that can help you Dollar cost average or even juat to buy and seller or manage your funds. although I'm not a personal fan of Trading bots, It would still be a good addition to the features of binance. Another is I hope there is a more secure way to buy in P2P right now. It is safe as of now but i hope it will require everyone to be verified so that we all know that every person in P2P can be trusted and binance can reach to the person if something goes wrong. And lastly is I hope you can lower the requirements of having a subaccount. The current requirements is really high. Having a sub account is a good idea for me so you can actually separate your investing port to a trading port. **Recommendations to others considering Binance:** If you are looking for a crypto platform that is safe and has a decent amount of listed coins that Binance is what you are looking for. It also updates its Supported mode of payment and keeps on adding new banks supported. You can enjoy buyung crypto even just by using their mobile app since it is easy to use and has 2 modes too. **What problems is Binance solving and how is that benefiting you?** Buying a crypto coins before is hard and especially those coins who has potentials or has a bright future. Binance is know to filter which coins they include into their platform and supports wide array of payment. It is also user friendly I love the UI in Web and in their application as well. ### 18. Binance Review **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Human Resources | Small-Business (50 or fewer emp.) **Reviewed Date:** December 21, 2021 **What do you like best about Binance?** I like that Binance is such a large platform that is relatively user-friendly. It has more cryptocurrencies than the platform I typically use. May take some getting used to but suitable for beginners. **What do you dislike about Binance?** I dislike the fact that the users must incur mandatory fees when trading. I think this is similar to most trading platforms though; I have yet to find one where you are charged no fees. **What problems is Binance solving and how is that benefiting you?** Safety is paramount with online trading. The benefit I have realized and gained from Binance is safety and user protection. They have two-factor authentication which can protect from scammers and hackers. ### 19. Such a great platform to buy Cryptocurrancy **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** September 06, 2021 **What do you like best about Binance?** Binance is provide you to trade crypto with the p2p option and its own platforms also Its having very good UI for both personal begineer and professional level In that so many crypto coin available in that all type of currency in all type of coin option **What do you dislike about Binance?** In UI is bit confusing when 1st time buyer its can not be easy to understand **Recommendations to others considering Binance:** Its is not taking any hidden charge all are open so you will be secure with your hidden charge **What problems is Binance solving and how is that benefiting you?** For divercify your portfolio you need to invest somewhere so i start to invest i this in that option you can buy coin with any of the your current and convert in to the any of coin so it will help to buy different coin option I can but each type of coin and recently its is also available for fix investment plan so that is also good for me ### 20. Best crypto Trading **Rating:** 4.5/5.0 stars **Reviewed by:** Adarsh K. | A, Small-Business (50 or fewer emp.) **Reviewed Date:** June 30, 2021 **What do you like best about Binance?** Alot of cryoto coins including trending coins are available in binance for buy and sell . I mostly use it to trade and receiving cryoto and selling them . Best thing is that its interference is good and app is easy to use and it can be connected to wazirx to transfer crypto or funds and to withdraw it local currency to bank . Awesome app and feature. **What do you dislike about Binance?** Directly sell option option is not available . we have to use to P2P feature or have to transfer it to wazirx by connecting it . **What problems is Binance solving and how is that benefiting you?** None. I can easily exchange crypto and receive it. ### 21. Binance awful customer service **Rating:** 1.0/5.0 stars **Reviewed by:** Joe A. | Sans emploi, Enterprise (> 1000 emp.) **Reviewed Date:** March 24, 2021 **What do you like best about Binance?** The initial idea of investing in a secure and professional platform. What a disappointment! **What do you dislike about Binance?** Customer service is overloaded and handed to bots. I am stuck since december 2020, with no access to my account and with no reply to my queries. I feel like a hostage and i am afraid i lost my investment. **Recommendations to others considering Binance:** Make sure to read several reviews about the response time of Binance regarding locked accounts of difficulties to access funds. Until these issues are not solved you take the risk of losing access to your funds and being a hostage of bots and never ending loops. **What problems is Binance solving and how is that benefiting you?** I am totally desperate with the way my support ticket is handled. ( Latest Case ID 421805 - account user ID 45498851) I registered the account 45498851 on  29.7.2020 (date of personal verification by binance)   with e-mail mollard.royal@gmail.com, then I changed mail bogatsvozavtra@gmail.com on 8 Dec 2020 with the help of Binance Customer Service. On 29.12.20 I tried to access my account from my mobile device and failed by inadvertance in the verification process. As a consequence of this failure, my e-mail bogatsvozavtra@gmail.com is not usable anymore to access my former binance account. This e-mail is now connected to another account, totally empty (ID 63076550). I wish to access my former and authentic account ID 45498851, from another email, antouraforever@gmail.com.  My former, real account has funds on it. I started to deposit funds on this account ID 45498851 on between 9 and 29 December 2020. My funds on acct 45498851 are integrally dispatched  as follows : ca 49% on BTC, ca 51% on other 40 other tokens (BNB, ETH, LTC, USDT, POWR, XRP, etc.) I submitted several requests to Binance helpdesk in January-February-March 2021, with no result atall. On two occasions, somebody (i.e. a ghuman body, not a robot) seemed to be interested in the case and asked me to fill in a form for identity check, which I did integrally. No one came back to me ever with a follow-up. When Binance opened a chat to face the requests for assistance, mid-March 2021, I started all over again to explain my case. CS "Deborah" told me on 8 March it would take 24 hours for a reply. No feedback since then.CS Pavin told me on 10 March he was referring the case to senior level. No feedback at all. Every time I log in on the chat, a chatbot asks to tell the story from scratch, and repeats "please describe your issue in details" until you get crazy. Than it tells you « bingo » like a pure provocation in the face of an exhausted customer. ### 22. Worst crypto exchange. Dodgy, evasive, no support and liars! **Rating:** 0.0/5.0 stars **Reviewed by:** Anosh K. | Biotechnology **Reviewed Date:** June 06, 2021 **What do you like best about Binance?** There are heaps of options to trade, good fees too. **What do you dislike about Binance?** Customer service/ support is non existent. If you have issues with your account or money that has not been deposited to your account (out of no fault of your own) Binance will not respond and when they respond they will deny any accountability and lie to you. They tell you we will refund you and not refund you but make you try to contact them for 3 months to get another response letting you know that they can't do anything. I've had an issue with a bank transfer that I sent to the correct email pay ID that has not been deposited to my account after almost 6 months. They claim they don't have it however the banks have confirmed the transfer went through successfully to the right account. Absolutely appalling customer service I have never experienced such a horrendous experience before. **What problems is Binance solving and how is that benefiting you?** I am not solving any problems with binance if anything I have more prop pens because of them. ### 23. One of the best platform for trading Crypto **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** September 08, 2021 **What do you like best about Binance?** Well, it allows you to list the up-to-date information about your favorite coins. Also, you can easily and fastly buy, sell or trade your coin with great UI figures. **What do you dislike about Binance?** The authentication method is complicated and not well working at the beginning. It took too much time for me to engage in the system. Also, while using the mobile app, it's not easy to sell and get your money. **What problems is Binance solving and how is that benefiting you?** It's a great place for you to make your Crypto trades to earn some extra cash out of the newest money form. Also, the trust is at its highest when I am using Binance. ### 24. Fantastic Interface! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Investment Management | Small-Business (50 or fewer emp.) **Reviewed Date:** December 02, 2021 **What do you like best about Binance?** I like that you are able to set limit orders, deposit from your bank, as well as low fees when owning BNB **What do you dislike about Binance?** I dislike that the US version of this application is limited to the amount of cryptocurrency it offers **What problems is Binance solving and how is that benefiting you?** Binance is bridging the gap between investors and crypto coins. They make it very simple to purchase, withdraw, and more ### 25. World wide Platform for Crypto Trading **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Automotive | Enterprise (> 1000 emp.) **Reviewed Date:** September 07, 2021 **What do you like best about Binance?** It is very User Friendly for New users, and It has two interfaces, one for Binance Lite for Beginners and another interface for Pro for trading persons. The maximum number of altcoins is available on one platform & High liquidity because of significant trading volumes. The onboard process if too easy anyone can onboard and invest in crypto. **What do you dislike about Binance?** This App is available for a limited number of countries, and there is no telephonic support. Only email support is available. For new Users, it challenging to trust in peer-to-peer transactions as they only provide information about the receiver. Their Transaction charges are much higher compare to others as for Indians it is more as they charge in USD for it will be a large amount in rupee **What problems is Binance solving and how is that benefiting you?** Binance helps to invest in CryptoCurrency which is a trending market to invest ### 26. largest portfolio of mine is held with binance **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Hospitality | Small-Business (50 or fewer emp.) **Reviewed Date:** August 22, 2021 **What do you like best about Binance?** Variaty of ways to make profit from crypto coins, including staking, savings, liquid swaps, etc **What do you dislike about Binance?** it is slightly complicates as there is so many different departments in the app. PC website version is much more clearer and easier to use **Recommendations to others considering Binance:** mobile app have lite and pro version which gives you choice of use. I personaly use Binance for staking my coins and getting rewards. Some of the rewards are very lucrative, we cant talk for those percantages in real financial world where banks give you less than 1 percent per year on your saving. It is easy to start even for begginers. **What problems is Binance solving and how is that benefiting you?** trading and getting wealthier ### 27. Binance the Best Crypto Currency Exchange **Rating:** 4.0/5.0 stars **Reviewed by:** kabilwa S. | Assistant Librarian, Small-Business (50 or fewer emp.) **Reviewed Date:** August 25, 2021 **What do you like best about Binance?** The platform is easy to use even for beginners. The fees for transacting are among the most affordable on the market. **What do you dislike about Binance?** The verification process is a bit tricky if the phone you are using is not high quality. You get a couple of rejection when uploading documents and photos. **What problems is Binance solving and how is that benefiting you?** Security is of importance when dealing with crypto currency. Binance provides various levels of security including 2FA. ### 28. A secure and easy Crypto trading software **Rating:** 4.0/5.0 stars **Reviewed by:** Camilo H. | Marketing Analyst, Small-Business (50 or fewer emp.) **Reviewed Date:** August 19, 2021 **What do you like best about Binance?** I like the interface, how it shows the markets move, and also the security verification process every time I get into the software/app **What do you dislike about Binance?** The account verification process takes so much; I lost essential movements while I was waiting **Recommendations to others considering Binance:** DonÂŽt invert if you don't have at least basic trading knowledge **What problems is Binance solving and how is that benefiting you?** How to trade cryptos in an easy and fast way to save them into my crypto wallet ### 29. Best crypto market place **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Airlines/Aviation | Small-Business (50 or fewer emp.) **Reviewed Date:** December 30, 2021 **What do you like best about Binance?** Available coins for trading and it's pairs. **What do you dislike about Binance?** Staking should have been more rewarding incase of some coins like XRP. **What problems is Binance solving and how is that benefiting you?** Prediction of price action and investing. Huge benefit in the form of return. ### 30. Error prone withdraws that locks your money/crypto in + terrible customer service = bad combo **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** December 06, 2021 **What do you like best about Binance?** Range of cryptos that can be bought. The platform has a lot to offer - when it works. **What do you dislike about Binance?** - Extremely error prone withdrawal / whitelist functionality - Terrible and inflexible customer service - Confusing UI/UX **What problems is Binance solving and how is that benefiting you?** Crypto purchasing and selling and exchange ### 31. Don’t waste your time signing up with binance **Rating:** 0.0/5.0 stars **Reviewed by:** Fatimah I. | Manager **Reviewed Date:** March 20, 2021 **What do you like best about Binance?** There is nothing good about this website **What do you dislike about Binance?** First, I had to do a verification not only of my passport but had to scan my face, after waiting more than 12 hours to be verified, I also had to upload a document of one of my bills to prove that I live in the address. I don’t understand why they need so much of my information if I just want to buy some cryptocurrency, I can’t even imagine what they do with all my information. I’ve signed up for robinhood and they never asked me for the usual social security and just verify that it’s me, I just think it’s so sketchy that they ask for so much information, it makes me feel like I’m applying to be in the CIA. I honestly wouldn’t recommend it at all. Save yourself some time and go sign up for a different website that has better things to offer and has an easier way to buy stocks and cryptocurrency. I can’t imagine if I wanted to buy a stock at a low price but had to wait more than a day to be able to purchase it, especially with all the limits they put. **What problems is Binance solving and how is that benefiting you?** They don’t have any support team that actually helps you. Every company should have a good system to help the customers but they don’t ### 32. CROOKS - AVOID AT ALL COSTS!!! **Rating:** 0.0/5.0 stars **Reviewed by:** David B. | IT Consultant **Reviewed Date:** October 30, 2021 **What do you like best about Binance?** Good selection of coins. Not much good about they are CROOKS! **What do you dislike about Binance?** They stole my entire account - one day, my account was 0 balance. CROOKS and SCAMMERS. Customer Service ignores you. AVOID AT ALL COSTS they ar THIEVES!!!! **What problems is Binance solving and how is that benefiting you?** NONE they create problems and steal your money ### 33. Do not trust binance, they are thieves **Rating:** 0.0/5.0 stars **Reviewed by:** CHRISTELLE D. | Designer, Small-Business (50 or fewer emp.) **Reviewed Date:** June 21, 2021 **What do you like best about Binance?** Yeah, it was very easy to buy some Doge through Binance, no problem there. **What do you dislike about Binance?** 2 weeks ago, Binance asked me to withdraw all my money because they were no longer taking U.S. based customers. So I tried to do this several times, plus I chatted three times with a representative. Every time they told me that the problem is fixed, I can withdraw now. But no, it was impossible to sell my Doge coins. Today I tried again and my account is closed. Lost all my money. **Recommendations to others considering Binance:** Get out if you can. **What problems is Binance solving and how is that benefiting you?** No benefit, just total loss. Where did my money go? ### 34. Terrible customer service! I can't buy anything..... **Rating:** 0.0/5.0 stars **Reviewed by:** Deric L. | Software Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** May 06, 2021 **What do you like best about Binance?** The interface is good enough and intuitive **What do you dislike about Binance?** I can't buy anything within my account, every time I try to buy crypto I see the message: "Risk Account Detected!Sorry, you are not able to purchase crypto because you didn’t meet Binance security Terms of Use and Internal Policy."....I have tried the customer support multiple times and nobody can solve this issue. I opened my account two months ago and I never used it. Gonna delete my account...... **What problems is Binance solving and how is that benefiting you?** Buy and sell crypto ### 35. Worst Customer Service for a Financial Institution **Rating:** 0.0/5.0 stars **Reviewed by:** Jonathan S. | Private Investor, Small-Business (50 or fewer emp.) **Reviewed Date:** April 19, 2021 **What do you like best about Binance?** At this time, I cannot provide a positive spin for Binance. In it's current form it is a money grab. **What do you dislike about Binance?** Customer service takes days for a response. Then the response you receive is an automated response. Your money is held hostage through this process. **Recommendations to others considering Binance:** Use coinbase. At least they will respond with an actual human. Or use Uniswap. While there is more risk, at least you know that going in. You don't have a centralized exchange profiting off your transactions, but that is unwilling to provide any real support. **What problems is Binance solving and how is that benefiting you?** Initially investment for growth. But cross your fingers and hope you never have anything go wrong with a transaction. You'll never talk to a real person about it through their support. ### 36. Very good plateform to buy all types of coins for trading **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** September 08, 2021 **What do you like best about Binance?** Binance is very good plateform that provide you to trade in every coin is available to trade in any currency. Also it has low transaction fees compared to other plateform. All the major coinsare available for trading. Its also have the secure 2 ways authentication for transectionw **What do you dislike about Binance?** User first need to buy binance or bitcoin frist to trade. U cannot directly trade with main land currency. **Recommendations to others considering Binance:** Definitely can go for it with closed eyes **What problems is Binance solving and how is that benefiting you?** Trading, investment, analysis of coins, deposite, withdraw ### 37. Safe platform for crypto exchange and storage **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Marketing and Advertising | Small-Business (50 or fewer emp.) **Reviewed Date:** September 08, 2021 **What do you like best about Binance?** The user friendly interface makes it comfortable for use. **What do you dislike about Binance?** The initial identity verification process is very extensive and time taking. **What problems is Binance solving and how is that benefiting you?** Using Binance crypto wallet for receiving currency from different senders. And after that using it to trade in different currencies. ### 38. absolute worst customer service experience . Non responsive and I'm concerned about losing assets **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Individual & Family Services | Small-Business (50 or fewer emp.) **Reviewed Date:** January 08, 2021 **What do you like best about Binance?** I was attracted to the platform because of it seemed to support many more alt coins that other platforms. This ended up being my mistake. **What do you dislike about Binance?** I do not like that they freezed my account without any advanced warning and any notification whatsoever. I am a US based customer and my account features have been disabled and I'm not able to convert the alt coins or withdraw them. The FAQ pages advised to open a US account, which I did but am still frozen and not about to access my assets. I've been on a mission for 3 days straight just trying to contact someone, I've submitted several support tickets and have literally waited on their support chat 3 times for over 10 hrs each and get booted off. This site initially appeared legit to me, but is looking now like a scam. I would avoid using Binance to ANYONE. **What problems is Binance solving and how is that benefiting you?** see my message above about not being able to access my assets and no one responding to my attempts to contact them. No one is there, the support is probably just bots or some IT trap that aborts after 10 hrs of waiting. ### 39. Money withdrawal stucked somewhere and no help from support **Rating:** 0.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** April 01, 2021 **What do you like best about Binance?** A lot of possibilities, security and ease to use. **What do you dislike about Binance?** Disgusting support and not possible to get any receipt or help about money withdrawal. I made a SEPA transfer for my euro account about 2 weeks ago and still haven't receive the money. Support people send me to the appeal section when I do appeal it is rejected and I am advised to go back to support. And guess what? Support again sends me to appear selection, when I again got rejection. I can't even get receipt of SEPA transfer to contact my bank. My money is nowhere now **Recommendations to others considering Binance:** Find other place to trade crypto. **What problems is Binance solving and how is that benefiting you?** Crypto buying ### 40. Scamming websites. **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Retail | Small-Business (50 or fewer emp.) **Reviewed Date:** March 18, 2021 **What do you like best about Binance?** Instant transfer of deposit via pay I'd. **What do you dislike about Binance?** Manipulation of your assets figures when trading and deciding to buy or sell that cost you a lot and benefits binance financially as they rub you as an example that happened every time that I have decided to buy and sell my crypto, Price suddenly jumps up or down when pressing buy or sell as soon as you have hit the button and too late to stop which is not normal. Buy and sell function doesn't operate when you wanted to which has cost me alot of $$$ and I am now 100% sure it has been design to operate like that by binance. False advertisements and running it like a casino with false promotion. Never received referal fee when introduce family and friends my my unique referral like. Fees charged for transferring via pay I'd that it's should have not been charged as promised by binance in their website as available options to deposit without fee for Australian. High fees and wrong price advertisement compaire to actual and real market pricing. I have raised this issue in writing and not received satisfactory answers by them. It is my duty to let people know about this scamming websites operating by high tech programs out of China whom not honest and only aiming to get richer by stealing your money. **Recommendations to others considering Binance:** I have referred few users to sign up and start trading crypto with binance Australia, But they have had the same experience as myself and stopped using binance. Would not recommend this website at least to any Australian as it might be different for users from other countries. **What problems is Binance solving and how is that benefiting you?** No benefit received and not a single satisfactory recieved when raised this issue in writing several times. ### 41. I can no longer buy Crypto even though I am verified! **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Program Development | Small-Business (50 or fewer emp.) **Reviewed Date:** March 07, 2021 **What do you like best about Binance?** Not much, I liked only that the first 3 crypto purchases I made were successful. **What do you dislike about Binance?** I am no longer able to purchase crypto because they are saying "you didn’t meet Binance security Terms of Use and Internal Policy" after I provided my ID and got VERIFIED. The full message is as follows: "Risk Account Detected Sorry, you are not able to purchase crypto because you didn’t meet Binance security Terms of Use and Internal Policy" I contacted them and no real solution or reason was provided. And it is extremely hard to get in touch with them. **Recommendations to others considering Binance:** It is certainly not worth it. **What problems is Binance solving and how is that benefiting you?** As I said not many benefits. Their UI also is so counter-intuitive and messy! ### 42. Good for security **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Mid-Market (51-1000 emp.) **Reviewed Date:** July 04, 2021 **What do you like best about Binance?** Best about binance is ita interface and fair pricing **What do you dislike about Binance?** Direct conversion to inr is not possible till now . and moving coins to wazirx which is its owned company also require fees. **What problems is Binance solving and how is that benefiting you?** monney problem , good app never goes down also trading fee using bnb is also less ### 43. Great App to use. Bad support to assist **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Public Relations and Communications | Small-Business (50 or fewer emp.) **Reviewed Date:** February 24, 2021 **What do you like best about Binance?** App works fast A great offer of Altcoins Secure steps for account setup and transactions **What do you dislike about Binance?** If you need support, you will wait for life I have been trying to solve credit card deposits in my account for a few days. It is impossible to find support :( All you can find are resources and automated answers. Nobody is available to look into specific queries :( **What problems is Binance solving and how is that benefiting you?** A great platform for trading AltCoins. You can trade most cryptos using tokens equivalent to the daily dollar price using either the conversion feature or the spot market. ### 44. HORRIBLE SUPPORT **Rating:** 0.0/5.0 stars **Reviewed by:** Anthony C. | Dealer account manager, Small-Business (50 or fewer emp.) **Reviewed Date:** February 17, 2021 **What do you like best about Binance?** There is nothing that makes this company stand out versus other platforms I use. There is only negative **What do you dislike about Binance?** Unreliable technology. Horrible support. I have been locked out of my account for a month now. their system doesn't work for authentication. I have sent them my drivers license, my passport, a selfie of me holding these items, a video of me reciting the date while holding these items, and I am still without access to MY money. YOU ARE TRUELY THE WORST I HAVE EVER DONE BUSINESS WITH BINANCE!!!!!! **What problems is Binance solving and how is that benefiting you?** n/a ### 45. Verification Speed Sucks **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Investment Banking | Small-Business (50 or fewer emp.) **Reviewed Date:** February 17, 2021 **What do you like best about Binance?** Binance is great for transaction fee and number of coins listed. **What do you dislike about Binance?** Their verification process is garbage and takes for ever. I wanted to buy ADA when it was 0.1 and they did not approve me for three weeks and by the the price went up to 0.86 If you want to buy a time sensitive coin, forget about Binance. Kraken is better but it has major issues as well, but that's another story. **What problems is Binance solving and how is that benefiting you?** Availability of multiple alt coins although Binance US is a little more limited. ### 46. Trading platform of the future **Rating:** 3.5/5.0 stars **Reviewed by:** Nikita K. | Senior Ux Designer , Small-Business (50 or fewer emp.) **Reviewed Date:** November 22, 2020 **What do you like best about Binance?** There are a lot of pairs. Its one of the biggest trading platforms for crypto. The variety of options is amazing. **What do you dislike about Binance?** Its laggy and sometimes slow. Maybe due to centralised serves in HK or some other reason, my it may happened that your order is delayed to be placed (not executed) **Recommendations to others considering Binance:** Make sure you check fees. New Launch pool and other investment options need to be studied well! **What problems is Binance solving and how is that benefiting you?** I trade crypto. It is a very easy place to make money if you know what to do. No running costs - perfect. ### 47. Money never arrived in my account. **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Automotive | Small-Business (50 or fewer emp.) **Reviewed Date:** March 22, 2021 **What do you like best about Binance?** nothing. It is just really bad. there is no Customer service **What do you dislike about Binance?** It's not possible to get in touch with Binance. My money never arrived on the account, but there's no chance for me to get it back. They never reply on mails (only 6 formatis of automatic replies) and the chat is also full automatic. Be warned. **What problems is Binance solving and how is that benefiting you?** Some problems can't be solved by a computer. Get real people to answer my questions. I have to accept that my money is gone now because Binance does not have real people to respond to problems. ### 48. binance.us ACH, wire transfer, withdraw doesn't work. **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Retail | Mid-Market (51-1000 emp.) **Reviewed Date:** October 06, 2020 **What do you like best about Binance?** Nothing. Maybe low fees and that is it. Everything else is broken. **What do you dislike about Binance?** 1\ ACH doesn't work from chase, us bank and Bank of America. Their engineering team is so incompetent they cannot fix this Daily limit bug: Rejected Amount exceeds the day limit: 0.01. You can only deposit 1 cent!!! and it doesn't work. 2\ Same day wire never works. do not waste your money. They cannot read the transfer reference number from Bank of America or US bank. 3\ You cannot withdraw from your binance wallet to kraken or anywhere. you get this message: suspended due to risk management. 4\ customer service is so incompetent and takes for ever to respond. No one knows what they are doing. I wrote many emails to the founders and they don't care to respond or fix this stupid issue. This company sucks. **What problems is Binance solving and how is that benefiting you?** Nothing solved. I sent over 25 tickets and 50 emails. nothing is solved. the only solution is pray to god that they will allow you to transfer to kraken one day. ### 49. Binance platform **Rating:** 5.0/5.0 stars **Reviewed by:** Matias F. | Database Administrator, Small-Business (50 or fewer emp.) **Reviewed Date:** February 11, 2021 **What do you like best about Binance?** Great P2P Market, Trading with many coins **What do you dislike about Binance?** From times to times has service problems or connection problems **What problems is Binance solving and how is that benefiting you?** Great tool for trade cryptocurrencies or just use for savings. ### 50. Biggest & Popular Crypto Trading Platform **Rating:** 4.5/5.0 stars **Reviewed by:** Randall G. | Writer, Small-Business (50 or fewer emp.) **Reviewed Date:** September 25, 2019 **What do you like best about Binance?** What I like most about Binance is its popularity and reputation. Currently Binance is the largest crypto exchange in the world, so I am completely comfortable using it to trade bitcoin as well as store some other types of altcoins. In addition, I can access Binance's services all over the world without any geographical restrictions. Binance also has a mobile app on Android and iOS that makes it easy to access anywhere. Furthermore, the usage fee of Binance is very cheap in my opinion compared to some other similar services. You can also use Binance's coin BNB to receive discount on transaction fees. Another thing I like about Binance is its interface is very easy to use. I think Binance's interface is the clearest and most intuitive of all crypto trading platforms today. Although crypto trading is quite complicated for beginners, with Binance I don't spend too much time getting used to it. **What do you dislike about Binance?** What I don't like about Binance is that it does not support fiat currencies, so you need to buy cryptocurrencies elsewhere then transfer them to Binance to be able to use them. This for me is quite inconvenient. In addition, the customer support team of Binance is not good, I have to contact them on issues related to my account many times, but I often get their feedback quite late, sometimes I have not receive any response at all. This is completely unacceptable. Although Binance still have some things that I do not like as above but in general it is still a good trading platform at the moment. **Recommendations to others considering Binance:** I think Binance is perfectly suited to those who are just starting out with cryptocurrency trading (because of its easy-to-use interface) as well as professional traders (because of its security). I am still using it and very pleased. **What problems is Binance solving and how is that benefiting you?** I use Binance to trade bitcoins and some other cryptocurrencies. 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