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Your Crypto Trading Hub
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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
Binance Product Details
Small Business
Mid Market
Deployment Cloud / SaaS / Web-Based, Mobile Android, Mobile iPhone
Training Documentation
Languages English
Binance Pros and Cons
  • 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.
  • Expensive for credit and debit purchases.
  • Not available in some parts of the US.
  • No crypto-to-crypto.
Binance Features
API Integration
Algorithmic Trading
Automated Trading
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
Binance Media
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Binance Screenshots
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: June 13, 2024
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167 Binance Reviews
3.9 out of 5
Small Business (50 or fewer emp.)
Jan 08, 2021
Overall Rating:
Verified Reviewer
"absolute worst customer service experience . Non responsive and I'm concerned about losing assets"
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.

Mid Market (51-1000 emp.)
Oct 06, 2020
Overall Rating:
Verified Reviewer
" ACH, wire transfer, withdraw doesn't work."
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.