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Binance
Your Crypto Trading Hub
4.0

( 167 )

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Binance Reviews & Product Details

Binance Overview
What is Binance?

Binance is a preferred crypto trading platform from Bitcoin to NFTs. Binance is a well-known crypto trading platform for its low fees. It provides unique access to proprietary cryptocurrency, BNB, which lets users buy and sell other coins. For users who want to delve into crypto trading swiftly, Binance is a great option, particularly for those with limited budgets.

Company Binance Holdings Limited
Year founded 2017
Company size 501-1000 employees
Headquarters Ta' Xbiex, Malta
Social Media
Managed by:
WK
waseem khamo
waseem
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Ask Questions about Binance
What Binance is best for?
What are the best alternatives to Binance?
What are the pros and cons of Binance?
Binance Product Details
Capabilities
API
Segment
Small Business
Mid Market
Enterprise
Deployment Cloud / SaaS / Web-Based, Mobile Android, Mobile iPhone
Training Documentation
Languages English
Binance Pros and Cons
Pros
  • Low instant and non-instant buying fees so you can get started fast.
  • Extremely popular app with a fantastic reputation.
  • Proprietary cryptocurrency for convenient buying and selling with minimal fees.
Cons
  • Expensive for credit and debit purchases.
  • Not available in some parts of the US.
  • No crypto-to-crypto.
Binance Features
API Integration
Alerts/Notifications
Algorithmic Trading
Automated Trading
Backtesting
Charting Tools
Commission Management
Customer Support
Customizable Interface
Demo Account
Educational Resources
Historical Data
Margin Trading
Mobile Trading
Multi-Asset Support
Multi-Currency Support
News Feed Integration
Order Management
Performance Reporting
Portfolio Management
Real-Time Market Data
Regulatory Compliance
Risk Management Tools
Security and Encryption
Social Trading
Technical Analysis Tools
Third-party Integrations
Trade Analytics
Trade Execution
Watchlists
Binance Media
Binance video thumbnail
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Binance Screenshots
Binance screenshot 1
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Disclaimer
Our research is curated from diverse authoritative sources and meant to offer general advice. We don’t guarantee that our suggestions will work best for each use-case, so consider your unique needs when choosing products and services. Feel free to share your feedback.
Last updated: January 30, 2026
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167 Binance Reviews
4.0 out of 5
Small Business (50 or fewer emp.)
Dec 05, 2018
 Source
Overall Rating:
4.5
RR
Reggie R.
Teacher
Share
"One stop shop"
What do you like best about Binance?

I can get most of the coins I want. They have some of the cheapest fees if you use their token when trading. They are also one of largest exchanges which gives them high liquidity.

What do you dislike about Binance?

They need to list the average price I paid for the coin in their funds balance page. Too often I find myself hastily flipping between pages before I initiate a buy or sell.

What problems is Binance solving and how is that benefiting you?

One stop shop for all.

Small Business (50 or fewer emp.)
Dec 05, 2018
 Source
Overall Rating:
4.5
AG
Verified Reviewer
Founder
Share
"Great exchange with high moral integrity and solid software. Customer supports is lacking"
What do you like best about Binance?

They provide excellent software with and industry leading UX.

What do you dislike about Binance?

They have poor customer service, especially for Westerners

What problems is Binance solving and how is that benefiting you?

Being able to access a wide range of currencies and trade with advanced trading tools.

Small Business (50 or fewer emp.)
Dec 05, 2018
 Source
Overall Rating:
4.5
AG
Verified Reviewer
Founder
Share
"Best cryptocurrency exchange!"
What do you like best about Binance?

Binance is probably the best cryptocurrency exchange out there. It offers a large selection of tokens and UI interface is both reactive and easy to use. I have never had any issues with deposits and withdrawals. They are fast and fees are relatively reasonable. Support is also top notch compared to competitor platforms.

What do you dislike about Binance?

They can take time to list some new tokens and listing fees are high. Certain tokens have high withdrawal fees.

What problems is Binance solving and how is that benefiting you?

Fast and reactive trading of tokens.

Small Business (50 or fewer emp.)
Dec 05, 2018
 Source
Overall Rating:
4.5
AG
Verified Reviewer
Founder
Share
"funds are safu"
What do you like best about Binance?

Simple to use, wide range of trading options, very secure exchange. Track record within the community. BNB token to save money on fees and to elminate dust in account

What do you dislike about Binance?

Nothing in particular, it is an Asian company so there can be a disconnect between some users and the company itself occasionally

What problems is Binance solving and how is that benefiting you?

taking advantage of trading opportunities

Small Business (50 or fewer emp.)
Dec 04, 2018
 Source
Overall Rating:
4.5
AG
Verified Reviewer
Founder
Share
"Binance is the leader of its industry"
What do you like best about Binance?

Binance actually understands the mindset and ethos of the crypto-community and the mantra of decentralization, it's no wonder that they have the highest trading volume in the world while being a relatively new exchange. Instead of applying the rules of the old paradigm to centralized cryptocurrency exchanges, they actively take steps to be the best in their field by building a DEX instead of fighting against the same core principles that underpin the technological value of cryptocurrencies. Their efforts to develop risk management and anti-fraud procedures underpin the attention to detail they spend in getting the small details right by focusing on R&D.

What do you dislike about Binance?

Uhh, Binance is doing great. Great vision, implementation, thought leadership, marketing, etc. I'm impressed by the platform's emphasis on anti-fraud measures, trading simplicity, branding, and community outreach. The most professional hackathon I've ever attended was sponsored directly by Binance labs and I find myself impressed by the organization's commitment to being a branded player in the community.

What problems is Binance solving and how is that benefiting you?

As a trader, Binance offers the rare opportunity of a reasonably secure marketplace free of scam-coins or low quality projects. As a blockchain engineer, Binance is an example of an impressive business hybrid that capitalizes on the old while ushering in a new era. As such, its profits and reputation have increased accordingly.

Enterprise (> 1000 emp.)
Dec 04, 2018
 Source
Overall Rating:
4.5
BF
Brian F.
Planner
Share
"Binance review"
What do you like best about Binance?

Binance is the most popular exchange and also has the highest volume of all exchanges. Binance is known for causing coins to pump incredibly high upon listing. They also have incredibly secure cold storage wallets called "trust wallet". Binance also recently announced that they would donate all listing fees to charity.

What do you dislike about Binance?

Sometimes random coins get picked by groups to have a large pump for seemingly no reason.

What problems is Binance solving and how is that benefiting you?

High liquidity and access to quality projects. Secure storage and a very professional team with an all star CEO that enjoys engaging with the community.

Small Business (50 or fewer emp.)
Sep 14, 2018
 Source
Overall Rating:
4.5
BB
Bryant B.
Network Engineer
Share
"Many crypto choice availability"
What do you like best about Binance?

I can have all my cryptos in one place. Also its user friendly. Cheaper fees than coinbase.

What do you dislike about Binance?

The multifactor authentication could be improved.

What problems is Binance solving and how is that benefiting you?

Having all crypto traded on one helps isolate delays in switching through other platforms.

Small Business (50 or fewer emp.)
Sep 19, 2023
 Source
Overall Rating:
4.0
Massimo S. avatar
Massimo S.
Chef De Partie
Share
"Binance, the crypto exchange for everyone"
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.

Small Business (50 or fewer emp.)
Aug 26, 2023
 Source
Overall Rating:
4.0
KS
Kabilwa S.
Assistant Librarian
Share
"Binance the Best Crypto Currency Exchange"
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.

Small Business (50 or fewer emp.)
Jan 12, 2023
 Source
Overall Rating:
4.0
Shamika U. avatar
Shamika U.
Enterprise Resources Planning Consultant
Share
"Binance for Crypto"
What do you like best about Binance?

Dashboards , Analytics , Real time data , 2 factor Authentication

What do you dislike about Binance?

Some times app gets stuck . Other than that their arent much dislikes

What problems is Binance solving and how is that benefiting you?

Binance helps to trade create wallets for crypto currencies