# Binance Reviews **Vendor:** Binance **Category:** [Cryptocurrency Exchanges](https://www.g2.com/categories/cryptocurrency-exchanges) **Average Rating:** 4.0/5.0 **Total Reviews:** 196 ## 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 find Binance to be **user-friendly and efficient** , making trading and investing a hassle-free experience. (11 reviews) - Users appreciate the **many options** on Binance, enjoying its complete, efficient, and user-friendly platform for all trading needs. (6 reviews) - Users value the **low fees** on Binance, making it an attractive choice for both novice and experienced traders. (5 reviews) - Users value the **strong security** of Binance, ensuring their funds and trades are safe from potential scams. (5 reviews) - Users find the **easy setup** of Binance straightforward and user-friendly, enhancing the overall trading experience. (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) - Easy Trading (3 reviews) - High Trading Volume (3 reviews) **What users dislike:** - Users find the **steep learning curve** of Binance daunting, particularly due to its complexity and overwhelming features. (5 reviews) - Users encounter **interface issues** on Binance, finding it complex and challenging for beginners to navigate effectively. (4 reviews) - Users report **high fees** for withdrawals on Binance, causing frustration despite some saying they are negligible. (2 reviews) - Users express concerns over the **lack of transparency** in Binance's operations and management, creating confusion and frustration. (2 reviews) - Users experience **poor support** from Binance, with slow response times and inconsistency during critical market periods. (2 reviews) - Users express concerns over **security issues** on Binance, highlighting scams and the need for better account regulation. (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: a before and after for your finances **Rating:** 5.0/5.0 stars **Reviewed by:** Matias E. | R.P.A developer (junior), Small-Business (50 or fewer emp.) **Reviewed Date:** March 23, 2026 **What do you like best about Binance?** On one hand, being able to withdraw my money from there. On the other, the values of the USD currency are higher than in the physical market. Finally, having the possibility to invest at my fingertips is fantastic. All this helps me save many hours of work having to see how to withdraw and exchange the money. **What do you dislike about Binance?** Nothing, its interface is user-friendly, it has no programming errors, so there is no inconvenience. Many times, this type of application can be difficult to navigate for people who are not familiar with the field, but Binance makes everything simple and guides you step by step. Additionally, they always launch incentives for new users and, for those who already use it, offers and discounts on their transactions. If they could add voice recognition to directly access functions through voice, it would be great. **What problems is Binance solving and how is that benefiting you?** Before, I had to deal with the problem of transferring my money through multiple platforms. Now, I have the possibility to get paid quickly without having to send the money through many intermediary apps, without intermediaries, and at a higher dollar value than the physical market. On the other hand, I can manage my finances, invest, and save more easily and with total security. ### 2. Tons of Trading Options with Great Rates **Rating:** 4.5/5.0 stars **Reviewed by:** Jhon Jarlinson H. | Especialista en ventas y marketing, Small-Business (50 or fewer emp.) **Reviewed Date:** January 26, 2026 **What do you like best about Binance?** Binance solves the problem of accessing and managing cryptocurrency in a simple way. It allows me to trade, convert, and manage assets without relying on third parties, which saves time and offers better flexibility compared to traditional financial services. The wide range of options and competitive rates make it a practical tool even for occasional users like me. Getting started with Binance was straightforward and didn’t require any complicated setup. Account creation, identity verification, and basic navigation were clear enough to follow without needing advanced technical knowledge. I was able to understand how to complete basic actions like buying, converting, and transferring assets. I use Binance occasionally rather than daily, even with less frequent use, the platform remains easy to return to without feeling lost. **What do you dislike about Binance?** Sometimes it can take a few minutes to find the best trading option, especially when markets are moving quickly. You don’t always get the perfect rate and occasionally need to accept a slightly lower price, but this is understandable given market volatility. **What problems is Binance solving and how is that benefiting you?** Binance helps solve the challenge of accessing and managing cryptocurrency in a simple way. It makes it easy for me to buy, sell, and convert assets while offering a good variety of options and competitive rates. This benefits me by giving me more flexibility and control over my funds. ### 3. Complete, Efficient, and Reliable—Binance Packs Everything in One Platform **Rating:** 5.0/5.0 stars **Reviewed by:** Jorgelina V. | Profesional de inversiones, Small-Business (50 or fewer emp.) **Reviewed Date:** January 24, 2026 **What do you like best about Binance?** What I like most about Binance is how complete and efficient the platform is. It offers a wide range of features in one place, including spot trading, staking, savings, and P2P, which makes it very convenient. The liquidity is strong, so trades are executed quickly and at fair prices, and the fees are relatively low compared to many other exchanges. Overall, it’s a powerful and reliable platform that works well both for beginners and more experienced users. **What do you dislike about Binance?** One thing I dislike about Binance is that the platform can feel overwhelming, especially for new users, because it offers so many features and options. Some tools are not always intuitive, and it can take time to understand how everything works. Additionally, customer support responses can sometimes be slow, and regulatory changes in different countries may create uncertainty for users. While the platform is very powerful, it can feel a bit complex and impersonal at times. **What problems is Binance solving and how is that benefiting you?** Binance is solving the problem of limited access to financial tools by providing an all-in-one platform where users can easily buy, sell, and manage cryptocurrencies. It reduces barriers such as high fees, low liquidity, and fragmented services across multiple platforms. For me, this means easier access to crypto markets, faster transactions, lower costs, and the convenience of managing everything in one place, which saves time and simplifies my financial activity. ### 4. Make P2P exchange safer **Rating:** 5.0/5.0 stars **Reviewed by:** Shreya B. | Editor, Computer Software, Small-Business (50 or fewer emp.) **Reviewed Date:** December 21, 2025 **What do you like best about Binance?** Honestly it is one of the best crypto app I have ever used, as I am an editor I receive my payments on USDT.. I have only used the person to person transfer feature where I sell my USDT and get better value than market price. **What do you dislike about Binance?** So till now I have not faced any problem in binance but one of my friend faced a huge problem and I am sharing this review so that binance authoritie give a look at these kind of problem... So he taught me how to use person to person transfer but hhe got scamed... Apperson to whom he said he's invested is transfer his illegal money to my friend's bank account and his bank account freezed it was literally ₹26,000... It happened like three to four months ago but he is still trying to get his money back what his account is getting freeze day by day... The person was using someone elses account... so binance should make sure that people can only use their own account not anyone elses account so that they could not transfer their black money and make the other person who is earning from his own talent and struggle. **What problems is Binance solving and how is that benefiting you?** When I use people for exchanging USD to Indian rupees it cuts a lot of taxes like 10% but when I am using binance it doesn't cut any tax and also I get 3 to ₹4.00 extra from the market price of dollar... ### 5. Review **Rating:** 5.0/5.0 stars **Reviewed by:** Roger B. | consultor, Consumer Services, Small-Business (50 or fewer emp.) **Reviewed Date:** May 07, 2026 ### 6. Most well-known crypto broker with diverse opportunities **Rating:** 5.0/5.0 stars **Reviewed by:** Rafael A. | Sales Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** April 17, 2026 **What do you like best about Binance?** I like Binance because, as the most well-known crypto broker, it offers many opportunities, from staking to games and learning videos. It gives me the ability not only to buy and sell but to be active in the entire crypto ecosystem. Additionally, the initial setup of Binance was very easy. **What do you dislike about Binance?** There are occasional outages. You get logged out more frequently or new currencies come in with a delay, which minimizes the possibility of large profits. **What problems is Binance solving and how is that benefiting you?** Binance is my online wallet for cryptocurrencies and it offers many possibilities, from staking to games and learning videos. It allows me to do more in the crypto ecosystem than just buying and selling. ### 7. Feature-Rich and Trustworthy P2P Crypto Exchange **Rating:** 4.5/5.0 stars **Reviewed by:** Safiah R. | Transcriber, Small-Business (50 or fewer emp.) **Reviewed Date:** March 10, 2026 **What do you like best about Binance?** I like it because it has so many features that other platforms don't have which is simple earn option and it's trustworthy because I did manage to use P2P to exchange cryptocurrency to other currency. **What do you dislike about Binance?** In my perspective Binance have too many features that looks like cluttered and each investment feature is somewhat similar to each other. **What problems is Binance solving and how is that benefiting you?** Getting profit from simple earn option and exchange cryptocurrency to other currency and also the security in P2P managed well to perform effective result. ### 8. Comprehensive Crypto Platform with Vast Opportunities **Rating:** 4.5/5.0 stars **Reviewed by:** MD Fojlul H. | Office Worker, Small-Business (50 or fewer emp.) **Reviewed Date:** December 27, 2025 **What do you like best about Binance?** I love Binance for its huge coin selection, which makes diversification easy. The low trading fees save me money on every trade, and the excellent P2P feature allows me to buy with local currency without bank hassles. The platform's strong security gives me peace of mind, and Binance Earn generates passive income on my holdings. I also appreciate Binance Convert for zero-fee swaps, the smooth and reliable mobile app, and the price alerts for monitoring. The Lite mode is great for beginners, and I find the detailed transaction history and referral program really helpful. Overall, Binance is my complete crypto solution with its low fees, vast coin selection, superior P2P platform, and constantly improving features. **What do you dislike about Binance?** Customer support can be slow, KYC verification process needs to be smoother, interface is complex for beginners, some withdrawal fees are high, and the app can lag during high market volatility. Better notification controls would also help. **What problems is Binance solving and how is that benefiting you?** Binance solves crypto accessibility, offers low trading fees, enables P2P trading with local currency, provides secure storage, and lets me earn passive income through staking. It's my one-stop solution for all cryptocurrency needs. ### 9. Trusted Exchange with Intuitive Interface **Rating:** 5.0/5.0 stars **Reviewed by:** Neeraj J. | DevOps Engineer, Mid-Market (51-1000 emp.) **Reviewed Date:** December 30, 2025 **What do you like best about Binance?** I find Binance to be simple to use with all the features I need. The interface is really great, and it has a very good volume. I trust Binance as the biggest and most reliable exchange, and I've been using it since 2017. Setting it up was quite easy, and I switched to Binance from WazirX because it was not reliable and was getting hacked a lot. I'm so satisfied with Binance that I'd rate it 10 out of 10 and would recommend it to others. **What do you dislike about Binance?** These days there are too many useless features like something resembling social media in the app now. People who don't know the app well can get scammed. I think Binance should regulate and control the community section in the app and only list quality crypto coins. **What problems is Binance solving and how is that benefiting you?** Binance is the biggest, most reliable, and trusted exchange for me since 2017. ### 10. Exceptional Trading Experience with Binance **Rating:** 5.0/5.0 stars **Reviewed by:** Troy W. | Small-Business (50 or fewer emp.) **Reviewed Date:** February 20, 2026 **What do you like best about Binance?** I use Binance for trading and investment purposes, and it's been great. Binance covers all the details and consistently meets users' needs. The peer-to-peer transaction feature is excellent, helping me solve the problem of high deposit fees that other exchanges can't. The user interface and experience with Binance are superior, and it offers great features for users to draw lines for the purpose of technical analysis. Setting up Binance was easy for me. **What do you dislike about Binance?** Nothing. **What problems is Binance solving and how is that benefiting you?** Binance offers a high-liquidity, low-fee, user-friendly ecosystem, solving high fees, slow transaction speeds, and limited accessibility in trading. The peer-to-peer transactions reduce high deposit fees others can't solve. Great UI/UX and technical analysis tools enhance usability. ### 11. Global Accessibility and Reduced Latency **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Mechanical or Industrial Engineering | Enterprise (> 1000 emp.) **Reviewed Date:** April 08, 2026 **What do you like best about Binance?** What I like most about Binance is the accessibility it has to different types of currency. It is not limited to countries, but offers a wide range of options to convert your assets. Also, it doesn't take long to transfer the money to your bank account. **What do you dislike about Binance?** It would be better if the transfer were directly to a bank account. **What problems is Binance solving and how is that benefiting you?** I use Binance to manage my assets and finances, with lower latency in bank transfers. ### 12. Educational and Affordable, But Complex for Beginners **Rating:** 4.0/5.0 stars **Reviewed by:** William D. | Spanish Interpreter, Small-Business (50 or fewer emp.) **Reviewed Date:** December 19, 2025 **What do you like best about Binance?** I like that Binance helps me buy cryptocurrencies at a reasonable price. I also enjoy that it gives some crypto for watching videos in their online academy, which helps me to understand more about crypto and the environment. Additionally, the initial setup was so easy. **What do you dislike about Binance?** The platform is way too complex for my taste. I would prefer a version that's more suitable for beginners. **What problems is Binance solving and how is that benefiting you?** I use Binance to buy cryptocurrencies at a reasonable price, and the online academy helps me understand more about crypto while earning some tokens. ### 13. Top Exchange for Crypto Trading **Rating:** 5.0/5.0 stars **Reviewed by:** Luca P. | Chief Operations Officer DEQUA Studio | Formerly CTO in MarTech, Marketing and Advertising, Small-Business (50 or fewer emp.) **Reviewed Date:** July 23, 2025 **What do you like best about Binance?** • Wide asset coverage: more than 350 spot pairs plus perpetual futures on 250+ contracts ensure deep liquidity on almost every major coin. • Dual interface layout: the Classic view offers simplified charts and order tickets, while Advanced mode layers in TradingView indicators, depth heat-maps and multi-chart grids—switchable in one click. • Fee structure remains competitive at 0.10% maker/taker and can drop a further 25% when paying with BNB, without tier hurdles that other exchanges impose. • Integrated yield hub: Simple Earn, Launchpool, dual-investment products and flexible staking let idle balances earn interest directly inside the main wallet—no bridging required. • Proof-of-Reserves dashboard publishes zk-SNARK attestations on a rolling basis, and the SAFU insurance fund is displayed in real time, adding measurable transparency after industry shake-ups. • Fiat ramps in 40+ currencies plus the Binance Card streamline exits to everyday spending; SEPA and Faster Payments deposits usually clear within minutes in my experience. • Copy-friendly Spot Grid, DCA and Rebalancing bots deployable from the same trade ticket, so I can spin up automated strategies without third-party APIs. • Mobile app mirrors web features almost one-for-one; push notifications for fills, liquidations and funding keep me updated when away from screens. **What do you dislike about Binance?** • Regulatory fragmentation forces U.S. users onto Binance.US with trimmed features and lower liquidity, breaking continuity for multi-region teams. • Customer support relies on ticket queues; during high-volatility events live chat wait times stretch well past an hour, which is stressful when positions are margin-funded. BOT Feature: • No custom indicator stack: the interface locks me into a handful of default signals (AI range, fixed grid width, interval-based DCA). I cannot splice in RSI crossovers, moving-average confluence or custom TradingView webhooks, features that third-party tools like 3Commas or HaasOnline treat as table stakes. • Missing position-management logic: trailing stop, multi-target take-profit and break-even shifts are absent. A grid run that drifts outside its band simply stalls; I have to intervene manually to close or expand the range, turning “automation” into babysitting during high volatility. • No backtest or paper-trade sandbox: parameters must be launched live. Competitors provide historical simulations or demo accounts so tweaks don’t burn fees while I iterate. Here every revision spins real orders, and micro-profit grids quickly rack up maker/taker costs that dwarf gains in chop conditions. • Opaque performance analytics: the dashboard shows cumulative PnL but omits time-weighted returns, drawdown curves or per-leg fee leakage. Without granular stats, refining a strategy is guesswork compared with the detailed logs and CSV exports many standalone bots output. **What problems is Binance solving and how is that benefiting you?** Using Binance consolidated multiple workflows that previously required separate services. Spot, margin and perpetual trading now run from a single wallet, eliminating token transfers and network fees between exchanges. Passive yield options replaced my standalone staking apps, so collateral can stay on the same platform that records futures margin. The high liquidity tightened spreads on large BTC/ETH orders, reducing slippage during treasury rebalancing. Finally, the fiat off-ramp and card integration simplified cash-out for operational expenses without scheduling OTC wires. ### 14. P2P Trading and Simple Earn Make Crypto Easy and Rewarding **Rating:** 5.0/5.0 stars **Reviewed by:** Luis R. | software Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** December 11, 2025 **What do you like best about Binance?** I like P2P feature so I can directly sell and buy crypto to and from another user whitout intermediators. I like the rewards challenges and how I can get assets by accomplishing missions and tasks. And mostly I like Simple earn as an easy way to get incomes. **What do you dislike about Binance?** Not dislike, but I think adding more payment methods its a must. **What problems is Binance solving and how is that benefiting you?** It solves the way I can turn my salary into cash by selling crypto. ### 15. A Comprehensive Crypto Platform with Unmatched Liquidity and Features **Rating:** 5.0/5.0 stars **Reviewed by:** Mouhcine G. | Support, Small-Business (50 or fewer emp.) **Reviewed Date:** July 05, 2025 **What do you like best about Binance?** Binance is incredibly robust and versatile—it offers everything from spot and margin trading to futures, staking, savings, and even an NFT marketplace. The user interface is intuitive despite the platform’s complexity, and the mobile app is fast, responsive, and full-featured. The liquidity is exceptional, which makes high-volume trading seamless, and the trading fees are among the lowest in the industry, especially when using BNB to pay fees. New listings and features are rolled out frequently, keeping the platform ahead of the curve. **What do you dislike about Binance?** Binance’s regulatory status can vary by country, which creates confusion—especially for U.S. users who are redirected to Binance.US with fewer features. Customer support is also inconsistent; while it has improved over time, response times during market volatility or maintenance periods can still lag. Additionally, beginners may find the range of features overwhelming, and the process for listing or delisting tokens lacks transparency. **What problems is Binance solving and how is that benefiting you?** Binance helps streamline all crypto activity in one platform—whether it’s trading, earning passive income through staking, or exploring new token launches. As someone involved in both investing and product research in Web3, having a unified, high-performance platform saves time and increases execution speed. It also provides early access to many tokens not available on other exchanges. ### 16. An analysis of binance ecosystem **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** January 04, 2026 **What do you like best about Binance?** Enter code while sign up for no trade fees, the application is great and it makes so much easier , my brother was using it from a long time and he never thought there was a problem with it until about a update. **What do you dislike about Binance?** The application is fine but they change the minimum withdrawal to minimum 10 usdt **What problems is Binance solving and how is that benefiting you?** Binance solution - native BNB token discounts and your direct benefits more of your money stage in your pocket and also stop loss and limit orders. ### 17. Money Transfer - Auto Trading **Rating:** 4.5/5.0 stars **Reviewed by:** Pawan K. | Associate Director Brands, Small-Business (50 or fewer emp.) **Reviewed Date:** July 28, 2025 **What do you like best about Binance?** Online usd rates, stock rates auto trading **What do you dislike about Binance?** Verification when going online everytime **What problems is Binance solving and how is that benefiting you?** Transferring usd amd getting pkr in good rates ### 18. Best Crypto Exchange Paltform **Rating:** 3.5/5.0 stars **Reviewed by:** Sayed S. | Remote Interpreter, Translation and Localization, Small-Business (50 or fewer emp.) **Reviewed Date:** April 30, 2024 **What do you like best about Binance?** The main and key feature of binance is easy deposit and withdrawal options. It takes few minutes to be able to get the your money with a very secure transaction process. Also, it is very easy to trade in different digital currencies with many different trade methods and options. **What do you dislike about Binance?** What I came to dsilike about Binance is their launchpad scam (kinda). On the launch of new crypto currency it shows an about 1500+% (false) increase of profit, which actually traps and lures you to buy that coin and within the very first day it drops -20% which made me lost many dollars. **What problems is Binance solving and how is that benefiting you?** P2P withdrawal or deposit option is widely used and easier. Binace is responding quickly in upcoming transactions issues and it helps in smooth transaction process. ### 19. Seamless Automation for Trading Bots with Binance **Rating:** 5.0/5.0 stars **Reviewed by:** deusimar p. | Técnico sênior, Small-Business (50 or fewer emp.) **Reviewed Date:** August 29, 2024 **What do you like best about Binance?** The best thing about Binance is its comprehensive API support, which makes it easy to automate trading strategies with Python bots. The platform offers a wide range of trading pairs and high liquidity, which are essential for implementing various algorithmic trading strategies, such as arbitrage and market-making. Additionally, Binance's user interface is intuitive, and the platform is highly reliable, with fast order execution, which is crucial for automated trading. **What do you dislike about Binance?** What I dislike about Binance is that during periods of high market volatility, the API can sometimes experience connectivity issues, which can disrupt automated trading strategies. It would also be beneficial to have more extensive documentation and Python code examples to help developers better utilize the platform's automation capabilities. **What problems is Binance solving and how is that benefiting you?** Binance provides a robust trading platform with a reliable API that facilitates seamless integration for automated trading. This allows me to execute trades 24/7 without manual intervention, increasing efficiency and reducing the risk of missed opportunities in volatile markets." ### 20. Binance review **Rating:** 5.0/5.0 stars **Reviewed by:** Gabriel M. | Telecommunication Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** February 12, 2025 **What do you like best about Binance?** Binance is easy to use and allows me to make deposits and withdrawals thanks to its wide range of cryptocurrencies, it is safe and no great knowledge is needed to access. **What do you dislike about Binance?** There really is nothing that I dislike about Binance so far. **What problems is Binance solving and how is that benefiting you?** Easy to use and a safe platform for my money. Great customer service. ### 21. A simple place to Trade Complex cryptocurrencies **Rating:** 4.0/5.0 stars **Reviewed by:** Soundog A. | Financial educator, Small-Business (50 or fewer emp.) **Reviewed Date:** November 24, 2024 **What do you like best about Binance?** there are many reaseon while i enjoy using binance platform, but the best of all is the level of security coins listent on the exchange have, crypto coins on binance do not turn to scam as must coins on ther crypto changes. **What do you dislike about Binance?** To be honest there customer support is quite slow for the average user which is not an enjoyable exprice for me. **What problems is Binance solving and how is that benefiting you?** Binance help me to access the crypto market and invest in crypto project of which other wise i could not had have, that inturn help me to improve my financila life ### 22. Lots of features, somewhat complex to use **Rating:** 4.0/5.0 stars **Reviewed by:** Gonçalo V. | Agile Coach, Small-Business (50 or fewer emp.) **Reviewed Date:** January 23, 2025 **What do you like best about Binance?** The amount of available coins, the staking options for a lot of coins, the Binance credit card and the launchpad **What do you dislike about Binance?** The lack of easily transfer money from your bank account. It's somewhat complex UI and not easy to find some options **What problems is Binance solving and how is that benefiting you?** Buying and selling crypto currency and also staking it ### 23. Best passive income **Rating:** 5.0/5.0 stars **Reviewed by:** Daniel E. | Filmmaker, Small-Business (50 or fewer emp.) **Reviewed Date:** May 09, 2024 **What do you like best about Binance?** Amount of currencies and tokens that they offer, copytrading with a fair fee and beneficts for the trade leader. I use it everyday since 2021, at the beggining it was difficult to use and understand, but with time and lots and lots of reading I found out everything on the app made sense. That I could pay with differents methods on my country and even withdraw the money really fast and if there was a problem which I have never had I assume Customer support would be very helpful because if I have not required to speak with them It must be because customer support is already doing their job on other channels. **What do you dislike about Binance?** It's dangerous if you don't know what you are doing. It's not the company fault, but it's somewhere it has happened and will be happening. **What problems is Binance solving and how is that benefiting you?** Adquiring different criptos in order to increase my protafolio and to have a passive income everyweek. Also, as my news source. ### 24. Literally The Best Crypto Exchange Out There!!! **Rating:** 5.0/5.0 stars **Reviewed by:** Ashim M. | Full-stack Developer, Computer Software, Small-Business (50 or fewer emp.) **Reviewed Date:** September 17, 2024 **What do you like best about Binance?** I have been using Binance from its early days. It is one of the best crypto exchange platforms. Its easy to use. The customer support is also really good, once my btc was stuck in peer to peer transaction and the customer support helped me in getting that back. It has literally every feature, nfts, staking, futures, crypto cards, etc **What do you dislike about Binance?** One thing I don't like about Binance is that it is not that much begginner friendly. it has Binance lite feature for the newcomers, But I think it does not touch all the aspects **What problems is Binance solving and how is that benefiting you?** Binance is solving centralization of crypto as Binance is an centralized exchange. Binance also helps in income tax documents. And also its security is one of the best. ### 25. Top exchange ever seen **Rating:** 5.0/5.0 stars **Reviewed by:** Omar F. | Digital Marketing and Advertising Manager, Information Technology and Services, Small-Business (50 or fewer emp.) **Reviewed Date:** December 11, 2024 **What do you like best about Binance?** small trading fees and futures features like hedge mode. **What do you dislike about Binance?** There are higher withdrawal fees, but they are negligible. **What problems is Binance solving and how is that benefiting you?** For me, it simplifies trading and helps grow my crypto investments through tools like staking and passive income options. ### 26. My experience using Binance in India **Rating:** 5.0/5.0 stars **Reviewed by:** Shivam A. | software test engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** November 19, 2024 **What do you like best about Binance?** Easy to use, easy money transfer, security of money **What do you dislike about Binance?** P2P user asks for more money for assets than the market price. **What problems is Binance solving and how is that benefiting you?** Easy to use and allows all the trading options that are not available in one place in any other application. ### 27. Binance - get your Account Frozen with no money Withdrawal and enjoy live troubles **Rating:** 0.0/5.0 stars **Reviewed by:** Alexandr G. | Small-Business (50 or fewer emp.) **Reviewed Date:** February 10, 2024 **What do you like best about Binance?** Exchange rates, many cryptocurrencies P2P users amount. **What do you dislike about Binance?** What a "secure" and "independent" way to manage your crypto with Binance, huh? I thought the same until $16,700 of mine was frozen on Binance. On January 15, 2024, while attempting to transfer my crypto, I received a message stating my account was frozen due to a violation of the Terms of Use. The next morning, I discovered my account was completely banned, with no access to withdrawal functions. I decided to investigate the matter myself and discovered that my decentralized USDT wallet, which I used to top up my Binance account, was flagged with a 100% risk level. Upon inquiry, amlcrypto informed me that the risk was associated with deposits from garantex, which is now under sanctions. It's worth noting that amlcrypto support resolved my query the same day for a $1 fee, whereas Binance has taken months to address an issue in an account with over $20 million in turnover. (ID 177504654 ) I encountered a similar issue with Payeer, but they simply reversed my crypto transfer and refunded it, clearly stating the reason. With Payeer, I had no trouble getting my money back. However, Binance refuses to return funds, fabricating excuses and deadlines out of thin air, seemingly to hold onto your money as long as possible. It seems we've discovered that anyone can send you tainted crypto, and Binance will freeze your funds indefinitely. I was also disappointed by the lack of honesty from their support team. Now they adjusting dates of review, added 14 days more, scammers. **What problems is Binance solving and how is that benefiting you?** Exchanges money ### 28. I have had a good time using the app version. It is fast secure and reliable **Rating:** 5.0/5.0 stars **Reviewed by:** gikiru P. | Poker Dealer, Small-Business (50 or fewer emp.) **Reviewed Date:** November 01, 2024 **What do you like best about Binance?** It is fast secure and reliable. You can buy sell and convert most many cryptos. Supports many networks in blockchain also. **What do you dislike about Binance?** The minimun withdraw limit on the p2p platform **What problems is Binance solving and how is that benefiting you?** It helps in providing access to crypto currencies and it is convenient because i can directly recieve money to my mobile money wallets ### 29. Safe and easy to use! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.) **Reviewed Date:** September 22, 2024 **What do you like best about Binance?** The app is really easy to use and is well-done. The app became also community-centred so now it is the best one! **What do you dislike about Binance?** Docs about the administration board are not so easy to find, and everyone should be able to know who Is managing his money **What problems is Binance solving and how is that benefiting you?** Exchange cryptocurrency ### 30. One of the most dependable crypto exchanges **Rating:** 5.0/5.0 stars **Reviewed by:** Asif Farhan K. | Data Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** January 25, 2024 **What do you like best about Binance?** Binance has a clean design with meaningfull interface, Even better with their fresh look updates this year, Additionally it is a single platform that has a variety of features to cater from the begginers to an expert. I am happy to say I learned all my crypto knowledge with hands on only on binance staking for an example. **What do you dislike about Binance?** It has a lot of meaningless offers that are honestly very low value. Another thing I dont like is their referral program keeps promising 100 usdt ansd when referral is successfull, they just hand you out a trading rebate voucher valid for very short period. Imagine how many trades one would have to go through to get 100 usdt waived off in trading fees. Its a program designed to benefit only the company **What problems is Binance solving and how is that benefiting you?** It is a good platform, That I can trust to hold my crypto. It is making the crypto more common through ease of access ### 31. Binance my favorite trading platform **Rating:** 5.0/5.0 stars **Reviewed by:** Salim A. | Human resources worker, Human Resources, Mid-Market (51-1000 emp.) **Reviewed Date:** November 27, 2023 **What do you like best about Binance?** What I love about Binance is the ease of transactions in it, whether in digital currencies or trading, which makes working in it safer and more serious than other platforms, the degree of security it contains, and the possibility of charging payment cards such as pyypl and redotpay. **What do you dislike about Binance?** Nothing specific except the presence of some scammers in the p2p feature. I think it needs more strictness on the part of the Binance administration. **What problems is Binance solving and how is that benefiting you?** The Binance platform solves many problems in the world of digital currencies and transfers, making it more secure while rejecting any unsafe transfers such as MWEB. All of these advantages make it number one in the near future and also have a major role in the future of global currency trading. ### 32. Excellent cryptocurrency trading platform. **Rating:** 4.5/5.0 stars **Reviewed by:** Callum B. | Sales Associate, Retail, Small-Business (50 or fewer emp.) **Reviewed Date:** July 07, 2023 **What do you like best about Binance?** Throughout my time using Binance, I have found it to be very trustworthy and secure as a cryptocurrency exchange platform. I like that there are numerous verification methods in-place to ensure that my account is secure; with crypto assets being held safely in my wallet. With lots of available services and cryptocurriencies to exchange via the Binance platform, it is fair to say that Binance is an excellent option with fair rates. An additional feature that I like about Binance is the responsive and polite customer support team. Upon facing a small transaction problem, the team provided me with an array of solutions to try in order to resolve the issue. They waited around to hear back from me in real-time to ensure that the problem was resolved, and that the transaction could be carried out successfully. **What do you dislike about Binance?** At first, Binance can be slightly confusing to navigate. This is due to the plethora of options presented on the interface that may be tricky to decipher for beginners, and those looking to start into the world of cryptocurrency. Although, there are lots of helpful resources to guide those who are uncertain how to navigate the Binance interface. Furthermore, when seeking support, there is a chatbot that you must first interact with before your ticket/request is forwarded onto, and reviewed by the team. This can be minorly inconvenient and time consuming should the problem not be resolved during the chatbot interaction. **What problems is Binance solving and how is that benefiting you?** Binance has a large variety of cryptocurrency trading options, alongside being renowned as a very secure platform. It is very easy to set-up verification methods, helping you to rest assured that your account and assets are safe. This is especially crucial in a world of exponential technologies. As a result, I have found Binance to be excellent for use as a wallet, and for exchanging cryptocurrencies. The support team is also very helpful, and managed to help me resolve a transaction issue in a timely manner - keeping me consistently updated as they endeavoured to solve the problem. ### 33. Actually the most complete Cryptos Exchange solution **Rating:** 4.5/5.0 stars **Reviewed by:** Thibault L. | User Experience Design Specialist, Small-Business (50 or fewer emp.) **Reviewed Date:** October 20, 2022 **What do you like best about Binance?** I like that it is one of the few complete exchanges to offer a visa credit card to use its cryptos (In France) I contacted customer service at least four times And they respond on average within 5 minutes by having systematically resolved the cases What is reassuring They also integrated the $LUNC crypto at the community's request. This shows that Binance is listening to the market and customers **What do you dislike about Binance?** It's a paradox, but there are too many options, and they should be better placed on the mobile application. The Mobile home page displays more than ten icons. It's disturbing There is a Lite version, and It should be set by default **What problems is Binance solving and how is that benefiting you?** In my case, it is the only major exchange in France that offers an exciting credit card to pay with its cryptos. And they also accepted to Burn the $LUNC , which is very appreciable ### 34. Binance app review **Rating:** 5.0/5.0 stars **Reviewed by:** Shiva Kumar B. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 28, 2024 **What do you like best about Binance?** Binance is the best platform where we can trade and get the transactions on the spot and most of the transaction won't take more than 15min and I love that p2p option where we can change our currency **What do you dislike about Binance?** Sometimes in p2p they won't respond even we ping some people make delays and most of the people buy for less rates of what market have **What problems is Binance solving and how is that benefiting you?** Major problem Binance sloves is exchangeing the currency and then if we want can invest we can transfer to other trading accounts or withdraw. ### 35. Fiat transfers blocked, no reply, many weeks just wasted **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Computer Hardware | Small-Business (50 or fewer emp.) **Reviewed Date:** April 23, 2024 **What do you like best about Binance?** Wide range of assets and options. But that's all. **What do you dislike about Binance?** Our experience: Registered, verified (took about a month!), signed all documents, but then all fiat transfers blocked. Numerous reminders sent, absolutely no reply. Wasted many weeks for being treated like (censored)! **What problems is Binance solving and how is that benefiting you?** None. Just the opposite. ### 36. My binance **Rating:** 4.5/5.0 stars **Reviewed by:** Mani K. | Information Technology Engineer, Construction, Mid-Market (51-1000 emp.) **Reviewed Date:** January 19, 2024 **What do you like best about Binance?** The easist way managing the wallet and transfer **What do you dislike about Binance?** there's a new announcement that every binance user must keep some minimum amount **What problems is Binance solving and how is that benefiting you?** can exchange multiple bitcoins with good value ### 37. The best Exchange **Rating:** 4.5/5.0 stars **Reviewed by:** Raul G. | Profesor, Small-Business (50 or fewer emp.) **Reviewed Date:** August 12, 2023 **What do you like best about Binance?** Binance is a great platform for exchanging cryptocurrencies. It is one of the best online exchanges I have used in terms of quality, reliability, and security. **What do you dislike about Binance?** It takes some time to get used to the Pro version, a process that may be simpler on other platforms, but apart from that, I think the platform is heading in a good direction. **What problems is Binance solving and how is that benefiting you?** The platform helps me exchange cryptocurrencies and through its P2P I can withdraw the money to my bank account instantly without fear of losing it since the users you exchange with are well verified. ### 38. Multi Functional Cryptocurrency Exchange! **Rating:** 4.5/5.0 stars **Reviewed by:** John F. | Business Unit Head, Computer Hardware, Mid-Market (51-1000 emp.) **Reviewed Date:** June 21, 2023 **What do you like best about Binance?** Binance is much more optimised as compared to different crypto trading platforms. Especially its mobile app because I usually love spot trading, and it doesn't require a PC. The app is so fast that I haven't faced any lag since using it. **What do you dislike about Binance?** There is nothing to dislike, although sometimes the app needs an update after every single day, which is quite frustrating sometimes when you're in a mood to trade. **What problems is Binance solving and how is that benefiting you?** The P2P trading feature is the most useful because other exchanges require a lot of info for transferring funds. When I earn profits, i straight away want to cash out my investment. It's a kind of my personal trading rule and no doubt Binance hasn't disappointed me even once with their services. ### 39. Binance has nexus with scammers! **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Mechanical or Industrial Engineering | Small-Business (50 or fewer emp.) **Reviewed Date:** June 30, 2023 **What do you like best about Binance?** Nothing to report thus far, I am thoroughly disappointed. **What do you dislike about Binance?** Binance facilitates the scammers to scam innocent people. I recently had been a victim of scammer who scammed to almost £2k in promise of online work, and this was only possible due to Binance providing them with a platform to scam people. They register with Binance as a verified users, which means Binance can penalise them if they are scamming other users. I complained to Binance with all the proof. After their investigation, they said they would be punishing the scammers but they said they would not be able to help in recovering the loss. I immediately understood that they get a 'big cut' on these stealing from these scamming nexus, I strongly feel they are part of this nexus. Please be warned, Binance cannot be trusted. They are part of the criminal nexus. **What problems is Binance solving and how is that benefiting you?** Nothing it is solving for me. I strongly feel that it facilitates scammers to operate freely and scam innocent users. ### 40. Exceptional Centralized Exchange **Rating:** 5.0/5.0 stars **Reviewed by:** Shahzaib A. | Sales Executive, Small-Business (50 or fewer emp.) **Reviewed Date:** June 26, 2023 **What do you like best about Binance?** The standout aspect of Binance for me were their platform's user-friendly interface and their exchange rate's. Also, I can earn Interest with crypto holdings. In last 3 years I've been using this platform and highly recommend to anyone. **What do you dislike about Binance?** I have not found any inconvenience using Binance till date but the only thing that they can improve is their minimum transfer is 10 dollars which should be less from my opinion. **What problems is Binance solving and how is that benefiting you?** Binance has been one of the most amazing apps I have ever used and their top notch security and rapid fast transactions are outstanding. Additionally, It allows me to have some additional income and have my savings in dollars ### 41. The most reliable exchange **Rating:** 5.0/5.0 stars **Reviewed by:** Pedro U. | Freelance , Small-Business (50 or fewer emp.) **Reviewed Date:** June 15, 2023 **What do you like best about Binance?** What stands out about Binance is the number of available pairs and its P2P trading market, which is the largest globally. In addition to being a reliable exchange with a good reputation. **What do you dislike about Binance?** the web version can improve its interface to make it somewhat more intuitive, sometimes I get lost finding some uncommon option and it also bothers me that the web interface does not remember my preferred language and every time I log in I have to select it again **What problems is Binance solving and how is that benefiting you?** Provide and allow access to the crypto market with multiple ways to buy and sell cryptocurrencies safely from almost anywhere in the world in just a few minutes. ### 42. one of the best cryptocurrency trading platform **Rating:** 4.5/5.0 stars **Reviewed by:** Mark C. | Global Sales Support, Computer Software, Small-Business (50 or fewer emp.) **Reviewed Date:** June 20, 2023 **What do you like best about Binance?** For me, Binance is one of the best cryptocurrency trading platforms. Easy to buy and sell cryptocurrencies. The best part is the security features; it has a lot of verification method. **What do you dislike about Binance?** You will easily get lost if you are a newbie; it's a bit overwhelming. It's kinda complicated at first, but in the long run, you will be fine. But I got no complaints; I just watched youtube tutorials. **What problems is Binance solving and how is that benefiting you?** I am using Binance to trade cryptocurrencies, buying and selling fiat coins. I am still using it now. One of the best crypto trading platforms in the market. Good support staffs. ### 43. Binance, the crypto exchange for everyone **Rating:** 4.0/5.0 stars **Reviewed by:** Massimo S. | Chef de partie, Hospitality, Small-Business (50 or fewer emp.) **Reviewed Date:** September 19, 2023 **What do you like best about Binance?** Binance is actually the most common used crypto exchange in circulation, easy to use, good support from the team, nice trading competitions and everytime on the spot. **What do you dislike about Binance?** There are several things that I don't like with Binance, expecially the lack of communications when they decide to do something like delisting or changing something. Apparently someone is getting advantage with trading despite to the majority of users. **What problems is Binance solving and how is that benefiting you?** Well, Binance is the top cryptocurrency exchange in circulation, you can basically trade all the most important cryptocurrencies in existence with real life use. ### 44. Game changing crypto trading platform **Rating:** 4.5/5.0 stars **Reviewed by:** Naheel F. | Administration Executive, Small-Business (50 or fewer emp.) **Reviewed Date:** July 02, 2023 **What do you like best about Binance?** It is the best all-in-one platform for crypto traders, it provides exceptional user friendly interface so it becomes very easy for me to invest in wide range of coins and NFT's. **What do you dislike about Binance?** I haven't seen anything to dislike about it. Although, if they can just improve their minimum 10$ restriction that'll be amazing. **What problems is Binance solving and how is that benefiting you?** Binance gives me the peace of mind in my investments, It becomes very easy for me to invest in wide range of coins and NFT's with security. Also, I can now transfer money with help of this exchange. ### 45. The most outstanding cryptocurrency platform to date. **Rating:** 4.5/5.0 stars **Reviewed by:** Shahzaman K. | Project Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** July 09, 2023 **What do you like best about Binance?** Binance offers highly secure P2P transactions, minimizing the risk of scams. Also leveraged tokens are popular due to their low liquidation risk. It's a professional exchange platform catering to both beginners and experienced traders. **What do you dislike about Binance?** Having used Binance for several years, I have never experienced any issues, and my satisfaction is absolute. **What problems is Binance solving and how is that benefiting you?** Binance has exceeded my expectations by providing a secure trading platform that has fully satisfied my needs. Their well-organized team has consistently delivered positive results throughout my usage of the platform. ### 46. Binance empower contractors **Rating:** 5.0/5.0 stars **Reviewed by:** Osman V. | LLM researcher, Small-Business (50 or fewer emp.) **Reviewed Date:** August 25, 2023 **What do you like best about Binance?** P2p option. I've been used it more than 7 times per month. Also the interfaz, after used to it you can find useful even for investment. Definitely a good way to begin and walking along your daily financial activities. **What do you dislike about Binance?** Disponibility un my country of the Binance physical card **What problems is Binance solving and how is that benefiting you?** Inefficient ways to move money from one place to another in local banks. ### 47. Binance better than a bank **Rating:** 5.0/5.0 stars **Reviewed by:** Przemek P. | Lead, Infrastructure Specialist , Information Technology and Services, Small-Business (50 or fewer emp.) **Reviewed Date:** March 23, 2023 **What do you like best about Binance?** It gives me all the investment opportunities possible on the market in one place. I can do everything I can do with my bank account but this is only a tiny part of Binance's possibilities. The Visa card with no fees is also great. **What do you dislike about Binance?** I don't like that some cryptocurrencies are not yet available on Binance. My favorite one is SWEAT, and I can't wait it will be listed on Binance. It would be also nice to be able to recieve salary directly on Binanace like on Revolut for example. **What problems is Binance solving and how is that benefiting you?** It gives me a lot of easy investment opportunities. It prepares me for the actions I can take by providing e-learnings and other materials. I can be more agile. ### 48. The best Crypto Trading Platform **Rating:** 4.5/5.0 stars **Reviewed by:** Nikhil M. | Application Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** March 28, 2023 **What do you like best about Binance?** Binance is the best Crypto Currency trading platform. We can buy and sell Crypto Coins on Binance. It provides an excellent user interface on the web and mobile App. **What do you dislike about Binance?** There is nothing specific to dislike about Binance. The only that can be improved is their brokerage charges. If Binance takes fewer charges or commissions, then we can earn more. Else everything is perfect. **What problems is Binance solving and how is that benefiting you?** I use Binance for my crypto trading. Binance has a pleasant peer-to-peer buying and selling option that we can directly trade in our local currency, INR. We can trade for many Crypto coins, like Bitcoin, Ethereum, DogeCoin etc. ### 49. A trusted exchange **Rating:** 5.0/5.0 stars **Reviewed by:** Alexander S. | Web Content Specialist | Adobe Experience Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** June 26, 2023 **What do you like best about Binance?** I like binance because I can be sure that my assets are safe. Compared to other exchanges binance is known for its security. **What do you dislike about Binance?** There are some questionable coins listed within the platform. **What problems is Binance solving and how is that benefiting you?** Buying and selling crypto currencies. ### 50. A Very good platform with all features and ease of use **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Banking | Small-Business (50 or fewer emp.) **Reviewed Date:** December 04, 2023 **What do you like best about Binance?** features and the platform itself is very easy to use and navigate **What do you dislike about Binance?** the fees are bit high and the KYC process sometimes may take some time **What problems is Binance solving and how is that benefiting you?** Purchasing and trading cryptocurrency ## Binance Discussions - [Is Binance a good platform?](https://www.g2.com/discussions/is-binance-a-good-platform) - 4 comments, 2 upvotes - [Binance GBP withdrawal](https://www.g2.com/discussions/binance-gbp-withdrawal) - 2 comments, 1 upvote - [Can I convert BTC/KDA in Binance platform?](https://www.g2.com/discussions/can-i-convert-btc-kda-in-binance-platform) - 2 comments, 1 upvote - [Someone Stole My Bitcoin From My Binance Account, Help](https://www.g2.com/discussions/someone-stole-my-bitcoin-from-my-binance-account-help) - 1 comment, 1 upvote - [Is the reward received from Staking has an interest component to it? 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