Binance Reviews: 4.0/5 — Solid Choice

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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.

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.

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.

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.

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)

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.

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.

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

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

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.

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.

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

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

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

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

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

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

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.

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

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.

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.

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!

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.

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.

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.

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.

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.

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.

One stop shop for all.

They provide excellent software with and industry leading UX.

They have poor customer service, especially for Westerners

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

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.

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

Fast and reactive trading of tokens.

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

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

taking advantage of trading opportunities

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.

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.

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.

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.

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

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.

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

The multifactor authentication could be improved.

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

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.

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.

Well, Binance is the top cryptocurrency exchange in circulation, you can basically trade all the most important cryptocurrencies in existence with real life use.

The platform is easy to use even for beginners. The fees for transacting are among the most affordable on the market.

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.

Security is of importance when dealing with crypto currency. Binance provides various levels of security including 2FA.

Dashboards , Analytics , Real time data , 2 factor Authentication

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

Binance helps to trade create wallets for crypto currencies

The thing I like about Binance is that it is a cryptocurrency app that will enable users to create accounts and start trading on Bitcoin..It really did simplify and made easily accessible investment environment to the general public and people who might not be able to do so. In fact, it really did simplify a very complex financial trading environment for anyone who has money .

The thing that causes me to stop using Binance is that I can not be able to complete my registration process. This is because it I couldn't fully verify myself, and the verification process because it was so strict that genuine people like

Binance is a cryptocurrency app and it will enable everyone to have to access great financial services and trading of stocks etc.

It is the most secured platform for crypto exchange. It is designed for experienced investors having a wide range of cryptos from all over the world to trade globally. The thing I like the best is the trading fee which is relatively very low from any other platforms available. You can have a wide selection of trading options like P2P, net banking, debit and credit cards and much more.

The experience of the platform can be complex for a first-time user to understand. Customer Satisfaction is also an issue as it has poor customer service and withdrawal issues too.

While using Binance, I have known a lot about cryptocurrencies. Even being in India, I can trade all over the world with a single click. Binance has made my trading experience much simpler and more profitable.

Trading and connecting with other p2p users is easy.

There is nothing I dislike. But the p2p messing service can be improved.

I am doing spot & p2p trading with ease. It's the best benefit I realized.

I like that Binance is such a large platform that is relatively user-friendly. It has more cryptocurrencies than the platform I typically use. May take some getting used to but suitable for beginners.

I dislike the fact that the users must incur mandatory fees when trading. I think this is similar to most trading platforms though; I have yet to find one where you are charged no fees.

Safety is paramount with online trading. The benefit I have realized and gained from Binance is safety and user protection. They have two-factor authentication which can protect from scammers and hackers.

I think the best I have experienced working with the Binance platform has been handling futures with USDT, BNB and BUSD. Especially the ease with which they provide you with information before handling the options. That gave me a lot of confidence.

I did not like the following things. Referral systems are everywhere. They should allow me to become a referral even if I already have an account. Invitations are really everywhere. Another thing that I don't like is their monthly activities, they almost always ask to share or like their pages and that no longer works for old users.

I think that the main help of Binance for me, was that I can generate high value assets over time. Out of my country. What is going through political crisis these years. This allows me to draw on an emergency fund outside the country.

I liked the best is user friendly nature of application. One can buy and share crypto at anytime. Easy to trade at all time. It has more number of crypto coins. Easy to watch trading sessions.

Converting from dollars to rupees is the big issue in this app. Unable to get OTP while we login. Takes more time to approve account. Buying and selling difference alot.

I helped to me buy crypto and sell it. It will give news about crypto which will help user have proper knowledge and go for buy or sell. Can buy at any time and any place .

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

I like the interface, how it shows the markets move, and also the security verification process every time I get into the software/app

The account verification process takes so much; I lost essential movements while I was waiting

How to trade cryptos in an easy and fast way to save them into my crypto wallet

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