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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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Crevio
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5.0

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$29.00/month
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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: November 05, 2025
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167 Binance Reviews
4.0 out of 5
Mid Market (51-1000 emp.)
Jul 24, 2019
 Source
Overall Rating:
4.5
FP
Fabiana P.
It Specialist
Share
""
What do you like best about Binance?

Not provided

What do you dislike about Binance?

Not provided

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

Not provided

Mid Market (51-1000 emp.)
Apr 23, 2019
 Source
Overall Rating:
4.5
DV
Daniel V.
Graphic Designer
Share
"Binance the new way to negotiate"
What do you like best about Binance?

When we started to experiment in the world of the exchanges, they recommended us to use Binance and the truth is that it has been an excellent experience, its integration with several moderates allows us to be on the crest of the wave in this market, its high technology uses reliable exchanges are made and its low cost in the exchange is the best in terms of large volumes of transactions is concerned to turn it into a single model that is interesting to us at the moment.

What do you dislike about Binance?

To make withdrawals of cryptocurrencies take a long time, also the existence of information backup is commented. The condition of listed cryptocurrency makes it easy to be hacked, of course this can happen in any other, also here is virtual currency and you always have to be aware.

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

Currently with the exchange in cryptocurrency has been very easy to expand the business, customers have canceled us with cryptocurrencies in binance and its change we have obtained without problems and sales have been continuously higher. Claro is a new market and may represent risk but I think that with paper money have also excised this risk.

Mid Market (51-1000 emp.)
Mar 02, 2019
 Source
Overall Rating:
4.5
SC
Stephan C.
Software Engineer
Share
"Binance, the exchange with the highest volume"
What do you like best about Binance?

I have tried many Bitcoin exchanges and with the exception of about 3 or 4 all have the same problem and they do not have enough volume to sell or buy with liquidity, although in appearance it may seem that if the vast majority of its volume is fake produced by thousands of Bot. In Binance the opposite occurs because most people concentrate on this exchange, therefore their liquidity is very large. The best of Binance: - The CEO of Binance is a person who communicates constantly with the people of his platform and listens to his requests, especially on Twitter - Although it has been hacked before, the platform has always supported the funds of its users and has been completely transparent and given explanations about what happened. - The platform has the most important cryptocurrencies that currently exist, these are added through voting processes among Binance users.

What do you dislike about Binance?

One of the negative things about Binance is that being the exchange with the highest volume is constantly in the crosshairs of hackers so it is advisable not to store your coins in the exchange (really in any exchange)

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

Sometimes due to my work through the internet some clients make their payments in cryptocurrencies so that it is necessary to sell the coins later in order to convert the cryptocurrencies to cash and make a withdrawal of funds to my bank.

Small Business (50 or fewer emp.)
Feb 08, 2019
 Source
Overall Rating:
4.5
CP
Christopher P.
Cryptocurrency Trader
Share
"Very intuitive and simple interface"
What do you like best about Binance?

Binance allows to operate with more than 100 cryptocurrencies in real time, has a very intuitive and simple interface for those starting in this business and more advanced tools for expert traders, has a very attractive system of fees, paying with BNB there is a 50% discount the first year, very convenient.

What do you dislike about Binance?

The app has never worked well and sometimes withdrawals take a long time.

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

It's an exchange that gives me access to many cryptocurrencies at a low fee, plus it's safe and fast almost always.

Small Business (50 or fewer emp.)
Feb 07, 2019
 Source
Overall Rating:
4.5
SJ
Saul J.
Director
Share
"Leading Crypto Exchange Doesn't Disappoint"
What do you like best about Binance?

There is a wide range of cryptocurrencies. The exchange is easy to use and orders are fulfilled quickly. The affiliate program allows you to earn fees on trades made by those who sign up using your link. There are a variety of login security measures. There is an excellent facility to consolidate small balances of various coins into a single larger balance of one coin.

What do you dislike about Binance?

Sometimes the exchange slows down when busy. Does not list all alt coins. There is no charting functionality. Transaction fees for credit/debit card purchases are high.

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

Some suppliers provide discounts for purchases made using cryptocurrencies which can be facilitated through Binance.

Mid Market (51-1000 emp.)
Feb 03, 2019
 Source
Overall Rating:
4.5
MG
Miguel G.
Web Programmer
Share
"Excellent cryptocurrency exchanger, easy to use and versatile"
What do you like best about Binance?

I like that it is very simple to use, in addition to accepting a large amount of cryptocurrencies, and has a rigorous process of selecting these coins that exist in the exchanger to avoid any type of fraud. I think they are constantly expanding to new markets, and expanding their technological capacity. In addition to that soon begin to accept fiat money, something that not all exchangers can do. Also the commissions of this platform are really very low, both when trading and when depositing. To extract if it is more costs, but still remain low

What do you dislike about Binance?

I do not like that when the market is very volatile sometimes the platform can be slow, having many users doing exchanges in the same currency may be the case that the platform slows down

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

This software helped the company to acquire the necessary cryptocurrencies for the purchase of certain services that were sold almost exclusively through cryptocurrencies, that's why the service provided by the exchanger was a great help for these acquisitions made

Small Business (50 or fewer emp.)
Jan 23, 2019
 Source
Overall Rating:
4.5
JB
Jesús B.
Especialista Sénior
Share
"excellent exchange for cryptocurrencies"
What do you like best about Binance?

starting with being the largest cryptocurrency exchange currently, that has generated a lot of confidence (very important in this business), offers a lot of exchanges starting with BTC, ETH, USDT and the best option that is BNB (Binance Coin) . The incorporation of BNB to your exchange was a great relief for the traders that are managed there, because their promotion of 50% discount is the best in the market, as long as you use your coin. The new incorporation of the launchpad for the purchase of new icos, gives greater security to the investor for the prestige of binance. In addition the binance academy is the best that could be invented for the newbies, It also incorporated a site of alerts in the phone version that I like very much, as well as the improvement of the graphics on the phone

What do you dislike about Binance?

the use of bnb has its pros and cons, if you do not use the bnb for the exchange, the fees are high and there are repels of coins that become a little uncomfortable when making the trading. I consider the second level of verification a little unnecessary. I think that with one level is more than enough

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

It has allowed me to advance economically. It is a good opportunity to make money and pay for my studies for my career and contribute to the company

Enterprise (> 1000 emp.)
Dec 17, 2018
 Source
Overall Rating:
4.5
KF
Kim F.
Finance & Administration Manager
Share
"Binance is the best"
What do you like best about Binance?

Binance is the best exchange ever. The numbers don't lie and Binance has the highest volume of all exchanges! The security, user experience and available tokens all make this a great place to trade.

What do you dislike about Binance?

Sometimes random projects get a lot of hype for no reason and then crash.

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

Anyone looking for an exchange with high liquidity and access to great tokens should look no further. This has helped me significantly in trading with speed and getting the best deals or sales.

Small Business (50 or fewer emp.)
Dec 11, 2018
 Source
Overall Rating:
4.5
Michael V. avatar
Michael V.
Home Health Specialist
Share
"Best Quality Exchange"
What do you like best about Binance?

From someone who has used them all, Binance is the best quality exchange today. I'll call it today's Amazon of crypto. 1999, Amazon, that is. Because today Coinbase is obviously the king of the market, just like eBay was in 1999. Amazon was a distant second in terms of use. That's how Binance is, and I fully expect it to be the main platform of the future, barring any unforseen circumstances. They have a massive selection of coins, halfway decent customer service (get used to it, that alone is rare in the exchange world), and a large, growing, welcoming community that can make anyone a contributor of information regarding the various projects listed on the site.

What do you dislike about Binance?

It is based in Asia, so good luck if anything ever happens, say they get hacked or something, no FDIC to protect foreign investors, but the same could be said of practically every exchange. The difference is that Binance is so powerful, that its demise would affect an over-sized portion of the market in a large, negative way. However under current leadership, I don't really see anything bad happening. They are doing a good job. Just remember, this is crypto, anything can happen, keep as many of your own private keys as possible!

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

Long term hold platform for smaller assets, and depending on risk, larger assets. Possible to do quick sells when those "buy the rumor, sell the news" moments come up. Also if you are API inclined or have a mind for that kind of stuff, you can easily set up robots to monitor charts for you and tell you when to make a trade. Others offer this too but it is most effectively done on Binance.

Enterprise (> 1000 emp.)
Dec 07, 2018
 Source
Overall Rating:
4.5
FL
Friedman L.
Consultant And Educational Program Presenter
Share
"Binance is simply the best"
What do you like best about Binance?

Binance is the top exchange by volume but also in quality and the amount of resources available to their users. One of the most interesting things they've done recently is launch Binance academy which provides free education and insights into all the coins that they list.

What do you dislike about Binance?

There was a lot of speculation about projects being charged very high listing fees to get on Binance. However, they seem to have acknowledged this and now donate the listing fees to charity.

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

Binance is a great exchange for traders/investors of all levels. A new investor can learn a lot with the free educational materials and a seasoned trader has access to the highest volume of any exchange.