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Binance

By Binance

4.0 out of 5 stars

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Binance Reviews & Product Details

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Binance Reviews (189)

Reviews

Binance Reviews (188)

4.0
189 reviews

Pros & Cons

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Shreya  B.
SB
Editor
Computer Software
Small-Business (50 or fewer emp.)
"Make P2P exchange safer"
What do you like best about Binance?

Honestly it is one of the best crypto app I have ever used, as I am an editor I receive my payments on USDT.. I have only used the person to person transfer feature where I sell my USDT and get better value than market price. Review collected by and hosted on G2.com.

What do you dislike about Binance?

So till now I have not faced any problem in binance but one of my friend faced a huge problem and I am sharing this review so that binance authoritie give a look at these kind of problem... So he taught me how to use person to person transfer but hhe got scamed... Apperson to whom he said he's invested is transfer his illegal money to my friend's bank account and his bank account freezed it was literally ₹26,000... It happened like three to four months ago but he is still trying to get his money back what his account is getting freeze day by day... The person was using someone elses account... so binance should make sure that people can only use their own account not anyone elses account so that they could not transfer their black money and make the other person who is earning from his own talent and struggle. Review collected by and hosted on G2.com.

MD Fojlul  H.
MH
Office Worker
Small-Business (50 or fewer emp.)
"Comprehensive Crypto Platform with Vast Opportunities"
What do you like best about Binance?

I love Binance for its huge coin selection, which makes diversification easy. The low trading fees save me money on every trade, and the excellent P2P feature allows me to buy with local currency without bank hassles. The platform's strong security gives me peace of mind, and Binance Earn generates passive income on my holdings. I also appreciate Binance Convert for zero-fee swaps, the smooth and reliable mobile app, and the price alerts for monitoring. The Lite mode is great for beginners, and I find the detailed transaction history and referral program really helpful. Overall, Binance is my complete crypto solution with its low fees, vast coin selection, superior P2P platform, and constantly improving features. Review collected by and hosted on G2.com.

What do you dislike about Binance?

Customer support can be slow, KYC verification process needs to be smoother, interface is complex for beginners, some withdrawal fees are high, and the app can lag during high market volatility. Better notification controls would also help. Review collected by and hosted on G2.com.

Neeraj J.
NJ
DevOps Engineer
Mid-Market (51-1000 emp.)
"Trusted Exchange with Intuitive Interface"
What do you like best about Binance?

I find Binance to be simple to use with all the features I need. The interface is really great, and it has a very good volume. I trust Binance as the biggest and most reliable exchange, and I've been using it since 2017. Setting it up was quite easy, and I switched to Binance from WazirX because it was not reliable and was getting hacked a lot. I'm so satisfied with Binance that I'd rate it 10 out of 10 and would recommend it to others. Review collected by and hosted on G2.com.

What do you dislike about Binance?

These days there are too many useless features like something resembling social media in the app now. People who don't know the app well can get scammed. I think Binance should regulate and control the community section in the app and only list quality crypto coins. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business (50 or fewer emp.)
"Educational and Affordable, But Complex for Beginners"
What do you like best about Binance?

I like that Binance helps me buy cryptocurrencies at a reasonable price. I also enjoy that it gives some crypto for watching videos in their online academy, which helps me to understand more about crypto and the environment. Additionally, the initial setup was so easy. Review collected by and hosted on G2.com.

What do you dislike about Binance?

The platform is way too complex for my taste. I would prefer a version that's more suitable for beginners. Review collected by and hosted on G2.com.

Luca P.
LP
✅ CTO - Growth Marketer full stack #MarTech | ⚡️ SaaS Advisor
Marketing and Advertising
Small-Business (50 or fewer emp.)
"Top Exchange for Crypto Trading"
What do you like best about Binance?

• Wide asset coverage: more than 350 spot pairs plus perpetual futures on 250+ contracts ensure deep liquidity on almost every major coin.

• Dual interface layout: the Classic view offers simplified charts and order tickets, while Advanced mode layers in TradingView indicators, depth heat-maps and multi-chart grids—switchable in one click.

• Fee structure remains competitive at 0.10% maker/taker and can drop a further 25% when paying with BNB, without tier hurdles that other exchanges impose.

• Integrated yield hub: Simple Earn, Launchpool, dual-investment products and flexible staking let idle balances earn interest directly inside the main wallet—no bridging required.

• Proof-of-Reserves dashboard publishes zk-SNARK attestations on a rolling basis, and the SAFU insurance fund is displayed in real time, adding measurable transparency after industry shake-ups.

• Fiat ramps in 40+ currencies plus the Binance Card streamline exits to everyday spending; SEPA and Faster Payments deposits usually clear within minutes in my experience.

• Copy-friendly Spot Grid, DCA and Rebalancing bots deployable from the same trade ticket, so I can spin up automated strategies without third-party APIs.

• Mobile app mirrors web features almost one-for-one; push notifications for fills, liquidations and funding keep me updated when away from screens. Review collected by and hosted on G2.com.

What do you dislike about Binance?

• Regulatory fragmentation forces U.S. users onto Binance.US with trimmed features and lower liquidity, breaking continuity for multi-region teams.

• Customer support relies on ticket queues; during high-volatility events live chat wait times stretch well past an hour, which is stressful when positions are margin-funded.

BOT Feature:

• No custom indicator stack: the interface locks me into a handful of default signals (AI range, fixed grid width, interval-based DCA). I cannot splice in RSI crossovers, moving-average confluence or custom TradingView webhooks, features that third-party tools like 3Commas or HaasOnline treat as table stakes.

• Missing position-management logic: trailing stop, multi-target take-profit and break-even shifts are absent. A grid run that drifts outside its band simply stalls; I have to intervene manually to close or expand the range, turning “automation” into babysitting during high volatility.

• No backtest or paper-trade sandbox: parameters must be launched live. Competitors provide historical simulations or demo accounts so tweaks don’t burn fees while I iterate. Here every revision spins real orders, and micro-profit grids quickly rack up maker/taker costs that dwarf gains in chop conditions.

• Opaque performance analytics: the dashboard shows cumulative PnL but omits time-weighted returns, drawdown curves or per-leg fee leakage. Without granular stats, refining a strategy is guesswork compared with the detailed logs and CSV exports many standalone bots output. Review collected by and hosted on G2.com.

Luis R.
LR
software Engineer
Small-Business (50 or fewer emp.)
"P2P Trading and Simple Earn Make Crypto Easy and Rewarding"
What do you like best about Binance?

I like P2P feature so I can directly sell and buy crypto to and from another user whitout intermediators. I like the rewards challenges and how I can get assets by accomplishing missions and tasks. And mostly I like Simple earn as an easy way to get incomes. Review collected by and hosted on G2.com.

What do you dislike about Binance?

Not dislike, but I think adding more payment methods its a must. Review collected by and hosted on G2.com.

MG
Support
Small-Business (50 or fewer emp.)
"A Comprehensive Crypto Platform with Unmatched Liquidity and Features"
What do you like best about Binance?

Binance is incredibly robust and versatile—it offers everything from spot and margin trading to futures, staking, savings, and even an NFT marketplace. The user interface is intuitive despite the platform’s complexity, and the mobile app is fast, responsive, and full-featured. The liquidity is exceptional, which makes high-volume trading seamless, and the trading fees are among the lowest in the industry, especially when using BNB to pay fees. New listings and features are rolled out frequently, keeping the platform ahead of the curve. Review collected by and hosted on G2.com.

What do you dislike about Binance?

Binance’s regulatory status can vary by country, which creates confusion—especially for U.S. users who are redirected to Binance.US with fewer features. Customer support is also inconsistent; while it has improved over time, response times during market volatility or maintenance periods can still lag. Additionally, beginners may find the range of features overwhelming, and the process for listing or delisting tokens lacks transparency. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business (50 or fewer emp.)
"An analysis of binance ecosystem"
What do you like best about Binance?

Enter code while sign up for no trade fees, the application is great and it makes so much easier , my brother was using it from a long time and he never thought there was a problem with it until about a update. Review collected by and hosted on G2.com.

What do you dislike about Binance?

The application is fine but they change the minimum withdrawal to minimum 10 usdt Review collected by and hosted on G2.com.

Pawan K.
PK
Associate Director Brands
Small-Business (50 or fewer emp.)
Guest users or non-business users of the software, not included in G2 scores.
"Money Transfer - Auto Trading"
What do you like best about Binance?

Online usd rates, stock rates auto trading Review collected by and hosted on G2.com.

What do you dislike about Binance?

Verification when going online everytime Review collected by and hosted on G2.com.

Sayed S.
SS
Remote Interpreter
Translation and Localization
Small-Business (50 or fewer emp.)
"Best Crypto Exchange Paltform"
What do you like best about Binance?

The main and key feature of binance is easy deposit and withdrawal options. It takes few minutes to be able to get the your money with a very secure transaction process. Also, it is very easy to trade in different digital currencies with many different trade methods and options. Review collected by and hosted on G2.com.

What do you dislike about Binance?

What I came to dsilike about Binance is their launchpad scam (kinda). On the launch of new crypto currency it shows an about 1500+% (false) increase of profit, which actually traps and lures you to buy that coin and within the very first day it drops -20% which made me lost many dollars. Review collected by and hosted on G2.com.

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