Binance Reviews & Product Details

The user friendly interface makes it comfortable for use.

The initial identity verification process is very extensive and time taking.

Using Binance crypto wallet for receiving currency from different senders. And after that using it to trade in different currencies.

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.

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

Binance helps to invest in CryptoCurrency which is a trending market to invest

Best about binance is ita interface and fair pricing

Direct conversion to inr is not possible till now . and moving coins to wazirx which is its owned company also require fees.

monney problem , good app never goes down also trading fee using bnb is also less

I like the amount of trading pairs available and the liquidity

Too many captchas on the mobile app or when using vpn

Binance allows me to trade all my liquid crypto pairs on one exchange

Some exchanges, like Coinbase, offer a select few cryptocurrencies for trading. Binance goes the other way, offering hundreds. Trading altcoins isn't for everyone, but for those who do, Binance is the most popular platform in the digital assets space as of 2018 - one year after its launch.

Binance's popularity makes it a huge target. It looks like the exchange spends big on security and defenses, but still, hackers can be pretty genius, and exchange hacks in the pasts suggest a centralized Binance will remain targeted. This isn't being said to scare anyone off, it's just best to recognize that hackers are always probing. To their credit, Binance has held up their defenses adeptly so far.

The advantage has been mainly seen in the ease of making small trades or studying order books by individual team members for analyses.

I enjoyed the large selection of alt coins, as well as a well thought out (secure) onboarding. It’s helps weed out scammers.

The native iOS app crashes from time to time. You have to rely on a third party app and use there secret key & api for the feeds.

At my old agency, our employees all pitched in for a small crypto fund. Unfortunetly everyone lost their money in the crash. Lol

ease of use, and info in one glance - also speed when placing a trade.

lockouts when too many people are signing on and using

Business investments, trade and purchases, exchanges amongst various coin markets for crypto currancy

Large number of trade pairs Low trading fees using BNB coin (50% discount in the first year, 25% in second) Very nice mobile app Good security setup and 2FA Easy account setup with no verification for LV1, limiting transfers to 2 BTC in 24hr period Good volume across many trading pairs, offering possibility for day trading on the more popular coins

Trading options are basic, just basic market, limit and stop-loss. Web site will lag or stop responding on high volume trading spikes No fiat trading pair or transfer, must use Tether (USDT) which is a little suspect in regard to it's liquidity Trading and withdrawal minimums and fees for some alts make it expensive to move them from wallet to exchange and back.

At the moment this is just a private use and Binance is primarily geared towards individual and retail investor and beginner traders

The easiness of buying/selling crypto assets, at the same time the wide variety of tokens. Also the possibility of staking in the same platform. Finally, BSC fees are really good when it comes to transferring money from one account to another. Also, I used for the first time the wallet transfer which works between finance accounts of different individuals as a sort of quick transfer without fees, really liked it to pay to friends.

I have had a few very bad experiences with futures. Very unethical when it comes to liquidating positions of the clients. I have had stop losses hit that have not been even close to the stop loss level and I have lost multiple positions for that reason. Once tried to speak with the customer service and the person asked me for proves, but of course, I do not take screenshots every time I am trading. Also, I compared the futures graphs with other platforms, and is absurd how much difference there is when there is a crash to liquidate positions. VERY BAD CUSTOMER SERVICE. Lack of access to customer service, there is no window to speak with someone.

I use Binance to make investments, practically as a bank because I can yield with crypto more than in my bank. I have realized that it is way better when it comes to diversification with small caps than with any other exchange.

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

In UI is bit confusing when 1st time buyer its can not be easy to understand

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

App works fast A great offer of Altcoins Secure steps for account setup and transactions

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 :(

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.

The wide variety of coins they offer, their swift action against shady tokens.

Inability to withdraw USD to bank account. Still have to use coinbase in the end.

With its wide choice of coins i've been able to stop using some smaller, less trustworthy exchanges.

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

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

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.

Binance is great for transaction fee and number of coins listed.

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.

Availability of multiple alt coins although Binance US is a little more limited.

Market Binance allows smooth withdrawal smoothly and very fast help. and I like the trade here. It is a very versatile and efficient market that offers a variety of very required options and interesting, in addition to offering a high security of the funds that we found in it, on the other hand it always keeps innovating something that is very important in the technological sector

it has some details that it must polish so that it can reach the maximum efficiency and effectiveness that it needs.Verification process is so hectic. User has to put a clear image as well as the login link doesn't work sometimes. User has to write "binance with name and date on it. If the user doesn't have computer with clear webcam the user won't be able to get verified.

I am a personal user trying to balance out my investments by diversifying out of usual equity stock.

They are quick to list new crypto. I like that they have a variety of ways of exchanging one crypto for another. I like that their sell orders are percentage based.

I would prefer it to be darker, more physical buttons (1 hour, 1 month, etc), more technical analysis indicators.

It's a better way of investing your money than keeping it in a bank account.

Nothing to report thus far, I am thoroughly disappointed.

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.

Nothing it is solving for me. I strongly feel that it facilitates scammers to operate freely and scam innocent users.

The interface is quite okay - you have a lot of functions there.

Don't get misled by the fake exchange rates shown on this platform! I just lost BUSD 150, because of some false transaction prices on Binance. You better search for a trustworthy platform!

It helps me buy cryptocurrency.

The platform has a nice look and feel to it. Very easy to understand what it is that your are trying to do. If you can manage to get past the sign up process.

It took me several tries. to get the sign in process to work. I first used my passport which is noted to be an acceptable for of verification. only to get an email saying that they do not accept a US passport. (??) took me 2 months to finally get my account accepted. now I have to reset my banking information every couple of months. really annoying. My wife is currently trying to get an account. it took literally 3 months for binance support to tell her that her verification process failed because her photo of her id was not clear enough for them. Now using the verification process to take a photo Via the cell photo, the app they use doesn't allow for your phone to focus to take a clear image. We tried three seperate phone. all had the same problem. (it doesn't focus to take a clear photo) Binance your verification process sucks! Other services that require the same verification process have systems that work much better during the process. ALSO, I don't have to verify my attached bank account every month. it seems more like Binance is doing everything they can to discourage the use of their system. Get rid of Jumio.io and find something better.

The support team does not come up with solutions. If they want to solve a problem with their verification it would be better for their customers.

At first, when I started investing in the crypto world, Binance seemed the most trustworthy of all the brokers and that was a valuable quality but soon proved to be wrong...

They stole LUNA (8,20$) without permission from MY wallet to replace them with LUNC (0,000106$) which was basically a ghost coin to cover their SCAM. They proved to be worst than a regular bank and almost broke my trust in the crypto world. Never again.

At the moment, none. They're THE problem. I just wanted to do this review to prevent other people from trusting them. Sooner or later, you're gonna be robbed, trust me.