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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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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: December 01, 2025
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167 Binance Reviews
4.0 out of 5
Small Business (50 or fewer emp.)
Sep 28, 2021
 Source
Overall Rating:
5.0
Sanchit S. avatar
Sanchit S.
Training Coordinator
Share
"The Best cryptocurrency exchange in the world!"
What do you like best about Binance?

* It has the lowest fees in the market as compared to others. * Complete DeFi tools like farms, liquidity, etc for investing in crypto. * Best exchange rates across the market. * Peer2Peer is one of the best features that make the transactions easy & without any fees to a third party.

What do you dislike about Binance?

There's nothing that I dislike about Binance, it's a perfect crypto trading portal. Still, if I have to nitpick, the UI can be simpler as it is difficult for a newbie to understand things in Binance, it has way lot of features.

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

All of my crypto portfolio investments are through Binance and it's been a year and still, there are no problems. I get the best rates in the market. There's huge liquidity so transactions are also very fast.

Small Business (50 or fewer emp.)
Aug 22, 2021
 Source
Overall Rating:
5.0
AG
Verified Reviewer
Founder
Share
"largest portfolio of mine is held with binance"
What do you like best about Binance?

Variaty of ways to make profit from crypto coins, including staking, savings, liquid swaps, etc

What do you dislike about Binance?

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

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

trading and getting wealthier

Small Business (50 or fewer emp.)
Jul 23, 2021
 Source
Overall Rating:
5.0
AK
Avinash K.
Avinash
Share
"BInance Crypto Exchange got all coins available for trading"
What do you like best about Binance?

1. Transaction fees are low compare to other platforms 2. Most coins are available for trading/Exchange 3. Secure 2-way authentication using google-authenticator 4. All Major coins BTC, BCC, ETH, DOGE, LTC are available for trading 5. Binance Exchange now available in the USA Also 6. Trading can be done using a coin combination BTC/ETH . 7. Great customer service team

What do you dislike about Binance?

1. Transaction are always converted in BTC or binance coins 2. user needs to buy binance or bitcoins first to trade 3. Coins are suspended so users are facing losses so binance needs to support buyers for losses 4. They need to confirm coins which are listed on their exchange, User suffers huge losses on delisted coins so they need to take extra care while adding such coins

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

Trading & Investment, Cryptocurrency Exchange from one coin to another, Deposit & Withdrawal of coins from exchanges

Enterprise (> 1000 emp.)
Jul 08, 2021
 Source
Overall Rating:
5.0
Raman K. avatar
Raman K.
Lead Business Analyst
Share
"Binance - Most trusted and No.1 Crypto exchange in the world"
What do you like best about Binance?

1. secure 2. trustworthy 3. easy to use. 4. almost every coin is available. 5. no match for future and option trading options. 6. fantastic app 7. easy to use the web and mobile UI 8. connect to wazir x, so money transfer from wazir x to Binance and vice versa.

What do you dislike about Binance?

1. not reliable in case if you have big funds. Try to keep significant funds in your hardware wallets. 2. only use it for trading 3.get crashed or stop working if the market becomes so much volatile in a day , but i think it will impove soon

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

I am using Binance for the past few months, and it's excellent. I already mentioned what I liked or disliked the most. But I like the different options it provides, and it's the best.

Small Business (50 or fewer emp.)
May 05, 2021
 Source
Overall Rating:
5.0
Ian L. avatar
Ian L.
Online Marketing & Communications Associate
Share
"A gateway to cryptoworld in a friendly and enjoyable one"
What do you like best about Binance?

I wouldn't say that Binance is the easier Platform for beginers but you can feel that you are secured within it. You can enjoy trading or even investing with Binance sinxe it has a lot of features that you benefit with. For example is the BNB Vault you can just flexi stake your BNB coins there while you wait, same goes for the other coins via flexi save or Lock staking. I love the Simplicity lf the UI in the Application. There where 2 modes the Binance Normal version or Pro and Binance Lite. I like both since you can switch from one mode to another easily, but personally I use the normal one. I mostly use the app to chrck and monitor my Portfolio but i like using the desktop version when I have plenty of time to analyze and read the charts. Next is the explainer videos within. Its so good that Binance had effort in making their own animated Infographics for tutorials or even short explaining for how to trade especially in futures and margin trading. and last is the Coin Stocks recently added. It so nice that we users can buy Company stocks thru binance. It's kinda hitting two. birds with one stone, you don't need another application so that you can buy a stock. Although the list of companies are still limited atleast you can buy stocks for apple and tesla as of now.

What do you dislike about Binance?

What i don't like as of now is there are some missing features that i see that you can see in other platform like a Trading both that can help you Dollar cost average or even juat to buy and seller or manage your funds. although I'm not a personal fan of Trading bots, It would still be a good addition to the features of binance. Another is I hope there is a more secure way to buy in P2P right now. It is safe as of now but i hope it will require everyone to be verified so that we all know that every person in P2P can be trusted and binance can reach to the person if something goes wrong. And lastly is I hope you can lower the requirements of having a subaccount. The current requirements is really high. Having a sub account is a good idea for me so you can actually separate your investing port to a trading port.

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

Buying a crypto coins before is hard and especially those coins who has potentials or has a bright future. Binance is know to filter which coins they include into their platform and supports wide array of payment. It is also user friendly I love the UI in Web and in their application as well.

Small Business (50 or fewer emp.)
Feb 11, 2021
 Source
Overall Rating:
5.0
Matias F. avatar
Matias F.
Database Administrator
Share
"Binance platform"
What do you like best about Binance?

Great P2P Market, Trading with many coins

What do you dislike about Binance?

From times to times has service problems or connection problems

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

Great tool for trade cryptocurrencies or just use for savings.

Small Business (50 or fewer emp.)
Nov 14, 2019
 Source
Overall Rating:
5.0
Serhii S. avatar
Serhii S.
Project Manager & Transcreation Specialist
Share
"Great exchange"
What do you like best about Binance?

The thing I like the best is that you don't need KYC to trade and withdraw funds (the limit for 24 hours is the amount not more than 2 BTC). The other aspect is that you can change little amounts of various cryptos to Binance token - BNB and pay commissions using this token.

What do you dislike about Binance?

It's sometimes very hard to trade due to a great number of visitors - the exchange may not respond or respond with delays. This happens when new tokens are added.

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

Trading and cryptocurrency exchange.

Mid Market (51-1000 emp.)
Nov 12, 2019
 Source
Overall Rating:
5.0
AG
Verified Reviewer
Founder
Share
"Binance, an easy, cheap platform to exchange or trade cryptocurrency."
What do you like best about Binance?

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!

What do you dislike about Binance?

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

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

Trading my Etherium for Bitcoins, I am able to make some purchases on the net.

Small Business (50 or fewer emp.)
Oct 01, 2019
 Source
Overall Rating:
5.0
AG
Verified Reviewer
Founder
Share
"Binance Review"
What do you like best about Binance?

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.

What do you dislike about Binance?

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.

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

Fast and safe execution, low latency of prices for my clients. Cheap trading commissions which do not eat into my client's profits.

Small Business (50 or fewer emp.)
Sep 26, 2019
 Source
Overall Rating:
5.0
Mattia P. avatar
Mattia P.
Kibelis Design Co Founder & Marketing Manager
Share
"The definitive exchange"
What do you like best about Binance?

Binance is the final solution for cryptocurrency exchange services. It allows trades with a huge number of cryptocurrencies, it has high volumes of trades and that makes the transaction fast and secure. It provides control for every coin listed and it's quite easy to use.

What do you dislike about Binance?

Binance does not present big downsides. By the way, it still is a decentralised exchange and that means some risks always might occur. So be always careful and make your own security choices.

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

Binance allows you to trade all the major coins, in a fast and safe way. SInce I moved to Binance, I reduced my use of all the other exchange I used before. Moreover, I can benefit of a nice referral program.