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 |
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Segment |
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Deployment | Cloud / SaaS / Web-Based, Mobile Android, Mobile iPhone |
Training | Documentation |
Languages | English |
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 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 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
I am very pleased that the servants of Binance are extremely stable and since I work with them, they have not fallen. In addition, it has many languages, among them is Spanish and English. I find the views they use excellent, both basic and advanced, because they allow you to start in this world from simple and precise diagrams, to entering the advanced graphics and reviewing it in detail. Binance can be thought of as a wallet, although always when it comes to storing large amounts of cryptocurrencies, I prefer the cold option which are the safest as hardware wallets Ledger Wallet or Trezor. Something very positive is the version for smartphones, it is really very stable and functional. On the other hand, thanks to its chart with TradingView you can customize a large number of parameters to obtain a better visualization. Finally, I have to say that the binance academy is amazing and a great invention for the newbies.
In my opinion this platform does not have a lot of negative points to deal with, although at one time they had a lot of coins that were not reliable and even then, they were commercialized. Something that should be added are the customizable currencies lists. Also, the new IEO does not like me very much, but the excellent quality of the platform makes up for it.
The number of transactions they can make is very large, around 4.5 million transactions per second. Expand my investment opportunities with a broader range of assets. Something very interesting is that, if you like APIs or if you have a good mind for programming, you can easily configure robots to monitor the market for you and tell you when to do an exchange, others also offer this, but it is done more effectively in Binance
It is an exchange founded in China, very new still but has been gaining confidence among users, Binance was created after an ICO offer and the launch of the BNB token which pays lower fees on the platform, has assistance in several languages, allows trading with more than 100 cryptocurrencies, high liquidity, low commissions for transactions and withdrawals, has 2 ways to see the platform, basic and advanced, I prefer basic.
Binance has some problems in the app android, there are some delays in withdrawals, does not accept fiat money.
When exchanging cryptocurrencies the speed of the platform is a determining factor for the constant fluctuation of currencies, Binance has the capacity to process 1.4 million transactions per second.
The best part of binance is the ability to trade a large variety of cryptocurrencies with low transaction costs. The interface is fairly straightforward, and the detailed data given by Binance is helpful for new traders.
Binance can be very slow in terms of website updates, profile authentication, and the like.
I haven't solved any business problems so to speak, but I have realized the benefits in diversifying my portfolio.
Good number of coins that can be traded. Dashboard is great and easy to understand for trading. The best security features along with MFA.
The fees are high and I see market orders take time.
Just daily trading and use wallet as a store
Security about login and withdraw . but some items are very complicated
Support chat is automatic computer reply
Delete or disactivate DEFI wallet
They make it relatively easy to purchase NFTs, but the interface get complicated when trying to sell or make any sort of withdrawal to get out of the cryto-ecosystem.
The withdrawal facilities for South Africans.
They're partnering with institutions in South Africa to make it easier to do withdrawals.
Herramienta indispensable para operar con criptomonedas de una forma segura. Tienes posibilidad de comprar practicamente cualquier divisa. Es muy segura ya que cuenta con doble factor de autenticación.
Para usuarios menos experimentados puede que les resulte la experiencia de usuario al principio un poco dificultosa, pero una vez te acostubras a la herramienta se hace sencillo.
Gracias a Binance puedo operar de forma segura con cualquier criptomoneda. Gracias a toda la información que ofrece a tiempo real te permite comprar de una forma muy ágil.
It has a lot of services so if you are looking for something it's really probably Binance has it and you can use all those services. It's a complete solution to start with cryptos.
It has a lot of features but there aren't easy to find. Binance is so huge in services but it's very hard to start working with, the usability and the multiple features you can access by the start makes it very frustrating.
I'm using the multiple earn options like the staking of the cryptocurrencies. I also use it to do some trading and get new tokens. It's one of the exchanges I've already using because it has a lot of tokens availability and services.
You can use it anywhere in the word, you can easily register I love you to upload money to your wallet immediately, very trustworthy and good exchange rates
Not all crypto currency are available. Also sometimes it becomes really irritating through the identification procedure and somehow it's quite complicated to understand how to cash out your investment.
Trading with a cryptocurrencies, investment " long and short run " deposit and withdraw coins for exchange and the variety of options for trading
There are a lot of pairs. Its one of the biggest trading platforms for crypto. The variety of options is amazing.
Its laggy and sometimes slow. Maybe due to centralised serves in HK or some other reason, my it may happened that your order is delayed to be placed (not executed)
I trade crypto. It is a very easy place to make money if you know what to do. No running costs - perfect.
The real time information and the number of different currencies available.
The somewhat user-unfriendly interface. The leftover currency bits that amount to lost money.
So far, due to fluctuations in the market, I have not been able to solve any problems - yet - using Binance.