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.
Capabilities |
|
---|---|
Segment |
|
Deployment | Cloud / SaaS / Web-Based, Mobile Android, Mobile iPhone |
Training | Documentation |
Languages | English |
First of all, I know that my money is safe thanks to sensitive security rules. In addition, its reliable interface and ease of use are very useful.
Sometimes it turns off automatically after you do not log in even for a day, and it asks me for a password and verification code again. In fact, it is indispensable for security, even if it is annoying sometimes.
After reading dozens of news with crypto exchanges, I tried to find the most reliable one. Because there were so many victims around me. I also chose this application. Deposits and withdrawals are very easy.
I like that you are able to set limit orders, deposit from your bank, as well as low fees when owning BNB
I dislike that the US version of this application is limited to the amount of cryptocurrency it offers
Binance is bridging the gap between investors and crypto coins. They make it very simple to purchase, withdraw, and more
Easy to use with a rather simple interface. A high number of crypto assets available to trade. High level of security. Low fees. Instant withdrawal to credit card or bank account.
There isn't that much to dislike since everything works smoothly. Maybe a live customer support chat system would be nice to have in place but until now that wasn't neccessary.
Binance helped us convert our Bitcoin and cryptocurrency payments into fiat cash and withdraw it in a fast and timely manner which saved us time.
Binance is the best cryptocurrency platform which provides us with a very wide variety of cryptocurrencies to buy, sell or can exchange or share our crypto. It is also user friendly and shows exactly real-time data. And now they provide future options which is the best and unique part of this platform.
All thing about this platform is very nice but a currency deposit for a beginner may face some difficulty but as you use this application you get used to it. Option chain option can be added for trader.
I generally use Binance for buying and selling cryptocurrency and also this platform provides the crypto exchange feature and one can trade with the future also which is the best part about this platform.
Variaty of ways to make profit from crypto coins, including staking, savings, liquid swaps, etc
it is slightly complicates as there is so many different departments in the app. PC website version is much more clearer and easier to use
trading and getting wealthier
it relly is an easy to use trading platform, with nice pricing and great user security. It even supports wide range of cryptocurrencies to exchange!
Although I am an English speaker, their support only have limited languages. So getting a on-on-one customer support for foreigners may prove difficult
Trading my Etherium for Bitcoins, I am able to make some purchases on the net.
The abundance of options for crpto assets for both selling and buying. Binance has the most crpyto assets available compared to any exchange out there. The ability to set limits, stops, convert between crypto assets. The volume is always large so it's easy to get fills with the execution platform. Duel factor authentication makes it secure and prevents hacking. The cost for trading is extremely low compared to other exchanges.
Have the ability to deposit fiat directly for trading instead of buying a crypto asset and then having to send to Binance for trading. This was bring many new customers I feel for accounts since it would be much faster.
Fast and safe execution, low latency of prices for my clients. Cheap trading commissions which do not eat into my client's profits.
They best vet the projects to maintain a great offering of investments.
Not much to say here. They have become the top exchange for a good reason.
Secure platform that has handles scaling in an amazing way/.
Binance let’s you pay fees in Binance tokens. They equate to half of other fees. Also, once a quarter, they burn 25% of the fees they collect. Making your remaining binance coins more valuable.
There are so many cryptos listed, it does get combersome. Also you cannot cash out to USD
Easy ways to transfer larger sums of money
It has a lot of tokens and a lot of products to get the most out of your investment or trading strategies. Also, the team behind seems solid, which makes you feel more comfortable.
The interface is not super intuitive. For instance, to download a tax report, you have to do a ton of actions, firs to find the place to do it, and then to download the report.
Easy and low-fee way to get access to a huge amount of crypto tokens and products. So you can trade, stake and do many other things with a low budget and paying low fees.
I have joined Binance 'cause it was only CEX supporting P2P services to Myanmar at the first time. However, I fall in love with many awesome features (earnings, mining, tradings etc..) and also active marketing campaigns. Just go trade and earn passive income at binance!!
Not so much but want them to increase earning APYs (which seems very less than other competitors) for most cryptos.
So many benefits and recommend to those who looking forward the best CEX to trade, earn and mining.
Binance is functional in my country (Nigeria), unlike many other crypto exchanges. The verification process is easy and very fast. I can easily buy crypto via peer-to-peer.
What I do not like about Binance is that one needs $15 before one can buy any crypto with his debit card! That's bad & inconsiderate. Not everyone can afford that amount. Also, you need to have at least $20 worth of any coin before you can CONVERT for another coin, on Binance! 😩
I use Binance to easily trade my crypto assets, receive money to my bank account, learn more about cryptocurrency. Indeed, I have become a great crypto trader with the app
Binance is very good plateform that provide you to trade in every coin is available to trade in any currency. Also it has low transaction fees compared to other plateform. All the major coinsare available for trading. Its also have the secure 2 ways authentication for transectionw
User first need to buy binance or bitcoin frist to trade. U cannot directly trade with main land currency.
Trading, investment, analysis of coins, deposite, withdraw
Well, it allows you to list the up-to-date information about your favorite coins. Also, you can easily and fastly buy, sell or trade your coin with great UI figures.
The authentication method is complicated and not well working at the beginning. It took too much time for me to engage in the system. Also, while using the mobile app, it's not easy to sell and get your money.
It's a great place for you to make your Crypto trades to earn some extra cash out of the newest money form. Also, the trust is at its highest when I am using Binance.
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.
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 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.
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.
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 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 .