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.
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Segment |
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Deployment | Cloud / SaaS / Web-Based, Mobile Android, Mobile iPhone |
Training | Documentation |
Languages | English |
They provide almost all the listed cryptocurrencies to trade. They have high liquidity which makes it easy to execute orders quickly and with its high leverage one can trade with small capital.
Nothing to complain about it, there is no way to deposit in the Indian fiat currency but you can deposit with wazirx free of cost.
I used many crypto trading platforms but they offer only selected crypto coins, but Binance provides the majority of the crypto coins available for trade.
One of the finestest crypto exchange out there....the app UI is simple,the chat and PNL analysis for helpful for insightAnd reporting proposes....overal l a great trading experience.
there was problem with they app while using futures, it automatically set my leverage to 100x from 20x without doing anything .
I have an option to earn some extra money by crypto trading and through referral code.
I've been using Binance for Almost a year and I never encountered a problem. Binance is best for both, Beginners and an Expert. The Referral Program is very good, we can earn somewhere around 40% of commission from each person we refer. Overall a Good Platform for Crypto Traders.
Seriously, I don't have any dislikes. For Me, Binance is a complete & secure platform.
Every time I have a doubt about anything, I go to youtube and find the perfect advice and solutions. It is safe for Beginners to learn how to trade Cryptocurrencies. No need to google and waste time to learn about any cryptocurrency as vast information is available for all the currencies in the platform itself. Instead of loss, I've Earned quite good money from Binance.
I like this platform because it allows me to operate quickly and easily, has a very practical interface to understand in this world of cryptocurrencies, has options for both beginners and advanced traders, it is noteworthy that with its p2p and kyc function have come to make a magnificent exchange as anyone can exchange their crypto for currencies anywhere in the world safely and reliably.
I have no complaints about it, for me they are excellent since I tried their platform, I always use it for trading.
They have met my expectations as I needed a secure trading platform and I am totally satisfied, they have a very organized team, I have had good results since I have been using binance.
Payments. Binance is not like other platforms I personally use such as Gate. In Binance, I can pay using a master card directly while on other platforms I need to pay through a third party that deducts a really bi commission, and sometimes it reaches 10%. I also like their platform, It's easy and straightforward with all the tools that any crypto trader needs.
The ICO & IDO campaigns. I am a trader with less than a 10K budget. So, with this budget, I can't compete for other whales who apply on the successful tokens before lunching. The subscription in Binance is very complicated and unfair, even with their distribution. because all the time the first 100 contributors in the ICO are already hitting the maximum allowed token presale, so, the distribution is useless and for me when I enter the ICO with a small budget I will never win.
Payments and transferring money between my wallets like Trustwallet or Metamask. Rarely that Binance decline or cancel any transaction between my Binance wallet and my other wallets. where another program that I also use such as Gate sometimes cancels my transaction for no reason.
Binance has low fees compared to other exchanges, 25% trading fee discount if you pay fees using Binance Coin i.e. BNB coin
Binance is not available in all states $10 minimum trade Site can be difficult to use Lack of information on security U.S. partner of Binance, which has a history of regulatory scrutiny
0.015% to 0.10% purchase and trading fees, 3.5% or $10, whichever is higher for debit card purchases, or $15 per U.S. wire transfer The option to use the third-party digital wallet, Trust Wallet Furthermore, U.S. customers can’t pay via credit card or complete margin trades
It is an easy to use and lightweight app, with a lot of functionalities to operate your crypto currencies. has a good list of them and every day they add more. I have increased my earnings since moving to binance earlier this year
sometimes there are delays in placing sell orders, especially when trade volume is high. but everything else is fine
Before I used uphold, the list of currencies to invest was low and there were problems to withdraw funds to accounts in my country, which was solved in binance with p2p operations
Binance has built a great infrastructure, keeping their “Markets” page as simple as possible. With a comprehensive listing of the currencies corresponding to their Markets and the necessary information. Binance offers a considerably higher in-depth analysis of the market movement. They have a dedicated “Overview” section with everything from graphs to Pie-charts whereas WazirX doesn’t give any analysis or summary of the market movements which is very informative and not often found in crypto exchanges.
Binance, being an international exchange, levies high withdrawal and transactional fees. Trading on Binance is easy but the withdrawals cost too much and the earnings take a serious hit.
The backup infrastructure is great. With the trading volumes that Binance handles, the back-end servers don't crash at all. I use Binance for my trading portfolio and it works swiftly. Plus the listings on Binance are huge. Almost every coin is listed there and gives me a great experience and graph tools to analyse the coins my way.
* 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.
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.
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.
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
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
Trading & Investment, Cryptocurrency Exchange from one coin to another, Deposit & Withdrawal of coins from exchanges
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.
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
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.
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 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.
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.
Great P2P Market, Trading with many coins
From times to times has service problems or connection problems
Great tool for trade cryptocurrencies or just use for savings.
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.
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.
Trading and cryptocurrency exchange.
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.
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.
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.
Its userfriendly website that allows maximum benefits to crypto traders compares to all competitors. The customer service is also very helpful.
I don't like the access to bots and robots doing the trading. I think it should be only allowed to humans.
I manage my crypto assets there.
Many people will ask themselves how to be an independent person at an economic and income generation level, well for this case BINANCE appears, who is an Exchange that has the capacity to receive deposits, send money, buy and sell crypto currencies and exchange them, in this opportunity I tell you the testimony of my company, who next presented problems with banking entities and long time of answers in operations, well from one moment to another we decided to change and to adopt a different way of trading and we made use of binance who up to the present time has seemed to us genial since we are independent in such a way that now we can generate our own income realizing exchange of currencies.
To say that I dislike something would be a big mistake, since everything that binance does adapts to my needs as head of company, is a very complete application capable of satisfying all the requirements that as users any company or organization could require, binance is a few words is the best I have used.
As I have repeated many times, the best solution that binance has given me is the economic independence and money transactions that I have been able to have, having a tool at hand that meets all your needs is very difficult and this I have achieved with binance, today I am grateful for having reached its roots and being able to grow so much in such a short time generating so many profits that have allowed me despite the difficult economic situation, meet the wage responsibilities of my employees.
Binance has allowed me and the organization to generate extra income for the sustenance and massification of profits for the fulfillment of obligations with the workers, binance personally seems to me a great project, because it fulfills and covers all the aspects and vertices necessary to satisfy all the necessities. Binance includes modules for receiving deposits in crypto currencies, exchange of coins within the same platform with the amounts and balances handled by the company, exchange of coins, as well as can create purchase orders and sale, this application is really incredible, apart from it is also available for play store and works correctly. Translated with www.DeepL.com/Translator
The only thing that displeases me is that in the section of balances and balance, the balance is not updated only according to the increase or decrease of some currency, in this case I would like the information to be updated in real time, since for each user it is necessary to manage these data, since they will allow him to organize a little more their operations.
It has benefited me and the organization in a very beneficial way, no doubt this application has become a springboard for the generation of extra income and a mode of saving and receiving funds, binance more than an exchange application has become my bank account and the organization, currently I am responsible for taking the finances and exchange activities in the institution where I work.
About 2 years ago, this was the first 'real' exchange I used after graudating from newbie status on Coinbase. Since then, while i've used other exchanges for the occasional coin Binance doesn't have, about 90% of my trades happen here.
I both appreciate the high level of security, and sometimes find it frusterating. Having to login with my password, solve a puzzle, then get a text message with a code I put in, then get an email with a code I put in, can feel like overkill. Nobody wants logging in just to check their coins to be a 5 minute process.
Expanding my investment opprotunities with a wider range of crypto assets.
Binance is an excellent exchange of cryptocurrencies that in recent months is enjoying tremendous popularity. Interest in cryptocurrencies grows more and more with each passing day. It is normal that at this point many users look for platforms where they can acquire cryptocurrencies beyond Bitcoin. This platform offers its users the possibility to buy and sell more than 100 different cryptypes at a very low commission per transaction. The platform can be used by any user from any part of the world and from any device or operating system. The platform can be used by any user from any part of the world and from any device or operating system. Binance applies the security protocols ISO / ICO 27007: 2013 and CCSS in its platform. Regarding the accounts, it offers users the option to activate double factor authentication through Google Authenticator to make deposits, withdrawals and modifications of personal data or account security. I recommend using long and secure passwords, activating double factor authentication and above all never storing too much funds in the account. And when it comes to storing large amounts of cryptocurrencies, the safest option is always the hardware wallets like Ledger Wallet or Trezor.
Binance is the most popular exchange that exists today and I have not yet found any negative point to highlight
Personally, it helps me to manage the cryptocurrency wallet of the company, since it is a job that I carry out continuously, so I feel safe managing funds, purchases and sales of cryptoactives through the binance platform.