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About Binance
Binance is an online digital wallet service through which cryptocurrencies can be traded, bought, and sold.
Pros:
Since Binance is a world-renowned app there security features are very high and constantly evolving, Which e, in turn, makes coins in my wallets quite safe and secure.
Cons:
Difficult to use the mobile app which compels me to use the web version instead.
Binance ratings
Average score
Ease of Use
4.2
Customer Service Software
3.9
Features
4.4
Value for Money
4.3
Likelihood to recommend
8.5/10
Binance has an overall rating of 4.5 out 5 stars based on 184 user reviews on Capterra.
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Author Kelvin
Trader in Uganda
Verified LinkedIn User
Investment Management Software, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source
Alternatives Considered:
Binance, one of the best exchangers out there
5.0 7 months ago
Comments: It helped me in successfully trading crypto for myself and some of my clients
Pros:
It has lots of functions and investment options, and has one of the largest p2p market.
Cons:
Nothing really in particular I would say.
Mbuotidem
Community Manager in Nigeria
Internet, 501–1,000 Employees
Used the Software for: 2+ years
Reviewer Source
Alternatives Considered:
Binance; Pros And Cons
4.0 11 months ago
Pros:
My favorite Binance feature (apart from Binance Pay which I mentioned earlier) is the Crypto-Convert feature on the app. This feature allows users to convert one cryptocurrency or fiat to another with no fees whatsoever. This feature is very useful especially because there is a very low quantity threshold. And because it's free, you can make multiple trades without worrying about trading fees.
Cons:
Binance's customer service system leaves much to be desired, in my experience. Admittedly, their services are optimized so excellently that there is barely ever any need for support, but the few times I have needed support, the experience was far from satisfactory. In my most recent experience, I unintentionally made a deposit of an unlisted token to my account and I needed help retrieving the funds so I contacted Customer Support. Suffice to say, not only did I get a delayed response (which infact, I had to complain again on their Twitter (now X) page) I also did not get my funds back. Fortunately it was an insignificant amount. Nevertheless, I was embittered by the experience.
Ashwin
Finance Planner in US
Accounting Software, Self Employed
Used the Software for: 1-5 months
Reviewer Source
MY ACCOUNT DISABLED
1.0 3 months ago
Comments: I am having account with BINANCE.US
I am having account with BINANCE.US
Since THREE DAYS I am trying to withdraw my funds to my another wallet, but when I am at last step and receive SMS sec code , I receive message that my "ACCOUNT IS DISABLED" why I don't know so I start cust ser chat on app where no one is able to reply as responsible person even live agent. They replied that he has created issue ticket and Internal team is reviewing your issue, while asking how much time it may take then they answer that there is no TIME LIMIT, I seen that cust service and their staff don't care for CUSTOMERS AND THEIR FUNDS .THEY DON'T CARE IF ITS GET DISTURB OR CUSTOMER LOOSE MONEY IN PAYING FEES AND OTHER CHARGES.
Like this customer service what company management thinks that THEY CAN ATTRACT MORE CUSTOMERS TO HAVE ACCOUNTS IN US WITH THEM? I DON'T THINK SO,
I NEED TO TRANSFER - WITHDRAW MY FUNDS SUPER ASAP AND NO ONE CARE IN THIS COMPANY FOR THEIR CUSTOMERS. there is no such thing like "GREAT SUPERB CUSTOMER SERVICE" SLOGAN IN THIS COMPANY
I like to inform all other investors that please check all the your EXPECTATION from this company before you open an account and invest or deposit your "HARD EARN MONEY" over here as is I have emergency to move and withdraw my money and I am getting stuck and not able to withdraw or transfer it and I am loosing money every moment as not able to withdraw and INVEST IN MY OTHER AC.I AM WAITING TO RESOLVE ISSUE ABOUT MY "ACCOUNT DISABLED" to work normally and fixed by their team.I am NOT HAPPY AT ALL WITH BINANCE CUSTOMER SERVICE " AT ALL . I need to be address my withdrawal issue to be fixed and able to make transaction my ac normally. no one want to waste ttheir time and money.Date of experience: [sensitive content hidden]
Pros:
user functions are good, flexible, user friendly.
Cons:
CUSTOMER SERVICE AND NO PHONE CONTACT WITH SERVICE AGENTS SO IT'S NO GOOD FOR INVESTORS AND FOR THEIR FUNDS SECURITY,STABILITY AND MOVEBILITY IS VERY VERY DIFFICULT ( SPECIALLY I LIKE TO MENTION ABOUT BINANCE.US APP SERVICES) I AM HAVING NOW WORST EXPERIENCE AND ALSO THERE ARE SAME KIND OF EXPERIENCE TO SO MANY OTHER CUSTOMERS OF BINANCE.USI WAS HOPING THAT AS BINANCE HAVING HUGE CUSTOMERS SO THERE MUST BE VERY GREAT CUSTOMER SERVICES AT BINANCE.US BUT I GOT COMPLETELY DISAPPOINTED. THEY DON'T CARE ABOUT CUSTOMERS ,THEIR MONEY ,TIME AT ALL.
Shan
Deputy manager in Ireland
Retail, Self Employed
Used the Software for: 2+ years
Reviewer Source
Great service and best exchange
5.0 4 months ago
Pros:
Very easy to use and friendly for beginners user, I started with Binance lite in 2021 and gradually understand their features now i am easily understand pro features & get benefit for this applications.
Cons:
There is so many things I personally like about Binance I want to share some here. I had experience somebody tried to hacked my Binance account so I contacted with support team and they helped me spend almost hour to understand issues and sort it same time I know it took a while to unfreeze my account but that’s good for my asset and security reason because they checked everything and result I am able to use my account again and my asset secured.another thing they generate report every year which shows your activity and profit and losses in trades
MATEUS
Nutrician in Brazil
Health, Wellness & Fitness, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source
The crypto broker I use most
5.0 5 months ago
Comments: I started trading with Binance in the 2017 bull run, I went through other brokers that sometimes had some advantages but were not sustained over time. What made me not trade with another broker nowadays is that I am very happy with Binance.
Pros:
For me, the main advantage of operating on Binance is the variety of currencies, services, such as spot and futures, stakes, etc. In addition to one of the lowest rates on the market and a very stable application.
Cons:
The only point against it would be the fact that it is still a broker, but this is more for holders who the most recommended option would be to leave it in a cold wallet.
maxime
CEO in Cameroon
Verified LinkedIn User
Civil Engineering, 201–500 Employees
Used the Software for: 2+ years
Reviewer Source
the best of all the portfolio
5.0 2 years ago
Pros:
This wallet gives me a lot of pleasure thanks to the fact that it is possible to earn money with it. It holds almost all the legal crypto currencies thanks to it I can actually know if a crypto is really valuable or if it is a scammer's crypto the security is there because I have never had any problem with this wallet
Cons:
it is not easy for a beginner to get by with it because the interface presents too many options which makes the use complex
Wale
Editor in Nigeria
Verified LinkedIn User
Internet, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source
Everything you need in a crypto platform
5.0 2 years ago
Comments: The fact that Binance has every feature you need makes it the one-stop platform for buying, selling, trading, saving, and exchanging cryptocurrency.
Pros:
Binance packs all the features you would want into its platform, eliminating the need to have several wallets and accounts on different platforms. The effort put into security is commendable. Buying and selling cryptocurrency, trading, and exchange all happen in one place. The app is quite easy to use and lets you manage your wallets and trades on the go.
Cons:
For first-timers, the platform can be quite overwhelming as there are rather way too many features. However, the Lite mode solves this little problem.
Naiyan AR
Student in Bangladesh
Computer & Network Security, 2–10 Employees
Used the Software for: 6-12 months
Reviewer Source
User Experience of Binance
5.0 2 years ago
Pros:
I mostly like its wallet cuz all of crypto are here in one wallet. I Don't have to install any other wallet or anything. Also buying crypto currency using card or Do a secure p2p ( person to person) Are grate. Also there security are mindblowing
Cons:
Some features are missing, and we can't transfer low amount or under 10$ to other wallet. Something It's do issue to login. For no reason its ask 2FA etc its like a pain
Muhammad Aamer
Full stack developer in Saudi Arabia
Verified LinkedIn User
Real Estate, Self Employed
Used the Software for: 2+ years
Reviewer Source
Binance is a great crypto wallet and trading plateform
5.0 10 months ago
Comments: My overall experience is great with binance i have used the wallet for many many times i have fount no issue no difficulties i have used the P2P exchange i have found no issue everything just worked and it feels soo secure and complete setup for you when it comes to trading and saving crypto and then the transfer is also easy and convenient and payment methods like bank and cards can be added as usual.
Pros:
The thing that i like most about binance is the P2P exchange where you can buy and sell currencies from other people like you where they want to but or sell there currency with relatively higher price than the market and the best part of it is that you can choose further for your specific payment method and that is soo convenient and time saving
Cons:
the thing i like least about binance is that there is a lack of easiness when it comes to trading and then you cannot convert sometimes your whole amount of one type of currency to another some other limitations like the min amount to trade etc these i understand are the very minor points but i had to mention why because binance is a great tool i do not want any difficulties in there
Ana Paula
Financeiro in Brazil
Accounting Software, Self Employed
Used the Software for: 1+ year
Reviewer Source
Very easy to use and buy and sell currencies!
5.0 2 months ago New
Comments: I really like it because it's a safe bank, I can buy and sell easily
Pros:
A safe and practical place for financial control in the crypto world
Cons:
If you don't log in for a long time, the app disconnects and you have to do it again.
Derrick
Head of Audit Department in Ghana
Accounting Software, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source
Alternatives Considered:
My experience with Binance
3.0 2 years ago
Comments: It's very safe and even award tolens to members on the Binance learn and earn platform.
Pros:
Very secure and even rewards tokens to customers.
Cons:
Difficult to use the mobile app which compels me to use the web version instead.
Verified Reviewer
Verified LinkedIn User
Computer Software, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source
Alternatives Considered:
"Binance: a reliable, transparent and user-friendly cryptocurrency trading platform."
5.0 last year
Comments: "My overall experience with Binance has been positive. I've found their platform to be user-friendly and their range of cryptocurrencies to be extensive. I've also appreciated their low fees and fast transaction times. However, I have had some frustrations with their customer support and account verification/security measures. Overall, though, I would recommend Binance as a solid option for cryptocurrency trading."
Pros:
What I liked most about Binance was their user-friendly platform and extensive range of cryptocurrencies available for trading. I also appreciated their low fees and fast transaction times
Cons:
The thing I liked least about Binance was their customer support. I found it difficult to get timely responses to my inquiries, which was frustrating at times. Additionally, some of their policies around account verification and security measures could be confusing and cumbersome to navigate."
G Akavi
Trading in India
Investment Management Software, Self Employed
Used the Software for: 1+ year
Reviewer Source
Review of BINANCE
4.0 2 years ago
Comments: Good
Pros:
High liquidity. It is the maximum used cryptocurrency alternate withinside the international this means that all markets are noticeably liquid and provide low slippage. Innovative. Binance has been one of the high-quality in relation to innovation. The listing of functions at the alternate speaks for itself. Market range. Binance hosts certainly considered one among the biggest choices of cryptocurrencies throughout any alternate. Accessibility. Thanks to its unregulated, bendy nature, Binance is available from maximum international locations worldwide. Low costs. Its recognition way Binance can price a number of the bottom costs at the market, with buying and selling costs beginning from 0.1%.
Cons:
Overwhelming. With such a lot of functions on offer, a brand new cryptocurrency investor may want to without problems be beaten via way of means of options. Custodial. To completely utilise all functions of Binance a consumer ought to deposit and depart finances at the trade platform. Feature access. Access to positive functions will range relying on geographic location.
Anouar
Marketing Online in Youtube All Social Media. in US
E-Learning, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source
Platform No. 1 in the world specializing in the field of cryptocurrency of high quality.
5.0 last year
Comments: My experience is excellent, but the field of digital currencies is a high-risk field. You must learn a field with your money. It should not be greedy from the best work in Spot as a beginnerLearn technical analysis and technical analysisThe field of digital currencies requires patience and not rushing, the field of digital currencies is like the sea, there is a lot of information.
Pros:
A specialized cryptocurrency platform that includes millions of users and a high-quality service platform witnessed by Nass who works in the field of digital currencies and uses the Binance platform. A respected company with its services and has branches in several countries of the world. The [sensitive content hidden] of the platform is an expert in marketing, money and business. Binance services are of high quality and low fees. GoodAn intelligent person who works with billions of dollars I'm talking about the [sensitive content hidden] of Binance.
Cons:
There are no negatives, an excellent company with an experience that is always updated, new and developing.
Karis
Assistant Human Resources Officer in Algeria
Human Resources Software, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source
Binance The platform for the Future
5.0 11 months ago
Comments: A wonderful experience with Binance. It made me live the best moments of my life. I used it to withdraw my profits and top up my bank card balance with ease, with its availability of many electronic currencies and the ease of sending, receiving and transferring. Thank you, keep it up.
Pros:
What I liked about this platform is its connection with many other large and reliable platforms with the possibility of trading and storage.
Cons:
Everything is perfect about it, but perhaps the application looks like on Android
Marta
NA in UK
Computer Networking, Self Employed
Used the Software for: 1+ year
Reviewer Source
Great Centralized Exchange
4.0 last year
Comments: I have been using binance for a while and would recommend it to people that are less crypto native as a good solution to get some exposure to crypto and start learning about it.
Pros:
Binance is super easy to use and has one of the most complete product offering around. It is one of the few centralized institutions that I trust my crypto to
Cons:
Being a centralized company, not your keys not your crypto as they say. There is always the fear that my funds will get block or I will not be able to withraw
Michael
Developer in Russia
Computer Software, Self Employed
Used the Software for: 6-12 months
Reviewer Source
They block withdrawal for no reason, just by suspicion
4.0 2 years ago
Comments: They blocked withdrawal for my criptomoney right after I bought it. Not before. Now when my money kept by binance they say withdrawal blocked for 30 business days !!!They don't explain anything - this is the quote from the chat with the binance support:"Thank you for your patience, we now have an update from our team.Thanks for your patience and contacting us. Your account is under review by the specialized team and they work on the solution. Before activating all functions we are checking each case carefully. This verification can take up to 30 business days.You will be notified by app notification as soon as the review is complete. Thanks for your patience and support.I am thankful for your collaboration and happy with your understanding that we will complete our review".
Pros:
It's one of the cheapest ways to acquire cryptocurrency.
Cons:
Their security is not competent. They blocked withdrawal for me for unknown reason and say they going to review the case up to 30 business days. It's blocked for 1 week already ...
Awan
Social Media Manager in United Arab Emirates
Marketing & Advertising, 51–200 Employees
Used the Software for: 6-12 months
Reviewer Source
Best for saving and exchanging crypto currency
5.0 2 years ago
Comments: Binance is perfect for crypto currency as a wallet and savings. I love it and still using it.
Pros:
Binance is the best application for saving cryptocurrency. It shows every currency's rates and benefits. You can easily purchase an sell crypto on it and the money will be transferred to your account whether it is your bank account or a mobile wallet.
Cons:
Whenever you do transfer of funds or getting money out of it, it sends a code on your sim number. If you have that sim active then you can get your money, otherwise you can't get money out if it. There is no need of double verification when you are logging in with the correct password.
Ahmad
Information Technology Engineering in Germany
Information Technology & Services, Self Employed
Used the Software for: 6-12 months
Reviewer Source
Binance: Secure, Efficient, Reliable
4.0 10 months ago
Pros:
truly stands out with its range of cryptocurrencies to choose from, a trading experience, strong security measures, quick and efficient transaction processing, a user friendly interface, dependable customer support and innovative features that make it a complete solution, for managing cryptocurrencies.
Cons:
Although Binance has advantages there are a potential drawbacks that users might come across. Some individuals may find the platforms interface to be intricate encounter difficulties experience limitations, due to regulatory requirements face challenges with customer support and have concerns regarding data security and privacy. Additionally it is worth noting that certain countries do not offer access, to Binance.
Remarlyn
Online buyer and Seller in Oman
Online Media, 501–1,000 Employees
Used the Software for: 2+ years
Reviewer Source
Binance review
5.0 2 years ago
Comments: Easy and safe to use
Pros:
I like the p2p it's very convient and very safe and the fee rates only 0% to .35 plus p2p users always receive gift voucher from binance plus 20% discount on trading fees
Cons:
Only that it is not available in U.S. states
Verified Reviewer
Verified LinkedIn User
Marketing & Advertising, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source
The best cryptocurrency exchange in the world.
5.0 2 years ago
Pros:
It is the platform that more variety of cryptocurrencies you can buy. Its interface is simple and its security is very high.
Cons:
The pro version requires an initial adaptation time, which on other platforms may be simpler, but less complete.
Verified Reviewer
Verified LinkedIn User
Information Technology & Services, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source
Source: GetApp
Binace
2.0 2 years ago
Comments: Overall experience is very bad also the customer service and specially it wil 100% liquidate you 100%
Pros:
I do not like it is a big scamer it liquidate people
Cons:
I dont like i do not recomend this plateform
Nura
Trading in Nigeria
Farming, Self Employed
Used the Software for: 6-12 months
Reviewer Source
Trading
4.0 2 years ago
Comments: I get a lot in binance trading platform. It’s my bank service where I keep my money track
Pros:
The Binance trading is the most helpful trading platform to everyone throughout the world Especially p2p trading which you can make hundred of thousand in a day, it’s review 99% secure. You can stay up buy and selling daily on p2p, to any amount you buy, you’ll get the profits of selling
Cons:
The deposit and withdraw is 100% safe and secure The service is easy and didn’t consume battery
Olawale
Managing director in Nigeria
Verified LinkedIn User
Health, Wellness & Fitness, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source
Cryptocurrency explained
4.0 2 years ago
Comments: Very good
Pros:
Future trade is important, also the rate of transfer of cryptocurrencies.
Cons:
It's usually log itself out and process of re-adding can be annoying
Isaac
Goods and Services in Ghana
Consumer Goods, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source
Empowering Users with a Wide Range of Cryptocurrency Trading Options"
3.0 last year
Pros:
I like the way Binance provides a user-friendly trading interface that caters to both beginners and experienced traders.
Cons:
My least is the Customer support, when users encounter issues, they may experience delays or difficulties in receiving timely assistance.