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Binance Description

Binance Exchange is the world's leading cryptocurrency exchange. Binance Exchange is the world's largest cryptocurrency exchange, processing more than 1.4million orders per second. The platform is a magnet for professional traders and enthusiasts alike, as it focuses on security and robustness.

Integrations

API:
Yes, Binance has an API

Reviews - 10 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
Binance
Year Founded:
2017
Website:
www.binance.com/en

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Platforms
Windows
Mac
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iPhone
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Type of Training
Documentation
Customer Support
Phone Support

Binance Features and Options

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Binance User Reviews

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  • Name: Carla A.
    Job Title: CEO
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User
    Organization Size: 1,000 - 4,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Efficient platform to make online payments and quickly convert currencies.

    Date: Dec 09 2022

    Summary: Binance has been a very important platform for me and my company, since thanks to this platform I have been able to invest money and obtain remuneration for it, in addition, this platform has allowed me to send money to my employees or colleagues who are outside the country For company travel reasons, I have been able to send you the payroll through this platform, since it has a system that allows you to quickly exchange currencies. I really loved what I think of this platform, I consider that the negative things are quite minimal, a system must be implemented to be able to cancel any sale that is reviewed by mistake, in addition, an improvement system must be implemented to avoid any type of blocking by mistake is when buying assets. I believe that this platform has a great future, it has helped me a lot in my company to be able to manage my assets and be able to transform them into any type of currency without any type of limitation. In addition, I have loved being able to send money to my employees and colleagues and that this money is immediately available to those accounts, this platform does not have any type of money withholding, that is what I love, that every time I have made the transfer to a colleague, that colleague can use that money immediately.

    Positive: Binance is a pretty good online payment platform, I started using it to be able to remember the vast majority of monetary assets that I had from our company. One of the main things I liked about this platform were:

    1.- I really loved the person to person exchange system, this exchange system allowed me to sell my assets to my local currency when necessary, in addition, that person to person system allowed me to obtain a local currency from any country easily. In addition, the person-person exchange system is totally safe, when I need to sell my assets, the platform discounts those assets from my account and refers them to an asset protection system, and I will be able to release the assets when I have received the transfer in currency. local.

    2.- Another of the things that I liked about this platform is the CryptoCurrencies trading system, since thanks to this system I have been able to earn money using my company funds when necessary, I have been able to buy IBAs for coins and I have been able to sell them for a higher amount. I loved this community trading system a lot, I can exchange one dick coin for another in a matter of seconds,

    3.- I also liked the identity verification system of this platform, when I started using it, the platform asked me to verify my identity immediately to be able to use the trading functions, I just had to send my identity and In a matter of five minutes, my account was already verified. I really love the Verification system mainly because it helped me to be able to use my account quickly as soon as I registered on the platform.

    4.- I really love the security of all the CryptoCurrencies or assets that I deposited within the platform, at no time have I had any type of problem with the money that I have deposited, my assets or my CryptoCurrencies never disappeared for some strange reason.

    5.- The support system is incredible within this platform, since it has a real-time Chat which is capable of giving you an answer to any requirement in just five minutes, you don't have to wait almost no time to get a response from the support team to clarify your doubt.

    Negative: The negative characteristics that I have perceived of this trading platform were:

    1.- The main negative characteristic of this platform is to carry out some type of sale of your local currency Cryptocurrencies through the person-to-person exchange system, and you have done it by mistake, you cannot cancel this operation in any way, and if you receive the transfer In local currency, the assets are not released in a mandatory manner, since no type of returns is forthcoming and you cannot cancel the operation even if you made a mistake when carrying out it.

    2.- Another of the negative things is that if for some reason you have made a mistake several times in one day when buying some type of CryptoCurrencies in this exchange system, your account is blocked preventively for 24 hours, for which, the platform provides up to three trade cancellations; then the account is blocked. That seems very negative to me since if I have been wrong several times when making an asset purchase, I do not consider it necessary to block my account for so long.

    3.- It is quite annoying that when it comes to releasing some type of assets when I have made a person-to-person exchange, I have to receive a code on my mobile phone, I consider it very necessary, since it is sufficient security with the fact that every time I go to log in, I should receive a code in my email and on my mobile phone associated with my account, I consider that this verification to release each digital asset is unnecessary.

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  • Name: Joseph T.
    Job Title: CEO
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 1,000 - 4,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Complete service to carry out operations at no cost.

    Date: Nov 09 2022

    Summary: Binance is a platform that has proven to have the ability to correctly manage my money, I deposited a large amount of money within this platform to protect it and for Referral and Vero towards various employees in this company. I believe that this platform has many positive things, it helps users to manage their money, convert it to any currency, convert it to Cryptocurrency and send it to anyone they know without having to pay any additional commission. No sending of money by email, charges commission, this is a fantastic thing. Binance has proven to have the ability to continue operating in my company, I have used it for more than a year and the results have been innovative, all our employees outside the country have been able to receive the full amount of January, there has never been less amount of money than It is the one that is reflected in each transaction. I feel very safe using the platform, the platform for mobile phones and the web platform and the version for computers are quite comfortable to use, which gives me a lot of confidence. The security within this platform is very complete, since it requires a different security code each time you need to carry out an operation.

    Positive: Binance is quite a beneficial service mainly because it helps you to remember your money in different currencies, as well as allows you to buy all kinds of currencies in the market and buy Cryptocurrencies. This platform is very complete when it comes to managing finances, the main reason why we started using this platform and getting caught was because we needed a service that would help us send money to our employees regardless of the country they were in. . This platform was key to sending money internationally, without any type of restriction. Next, I will mention the positive things about this platform.

    1.- The main positive thing within this platform is the speed with which you can deposit money. Deposited money several times, the main mechanism I use to deposit money is through my debit card, the process to deposit money quite easy, also this platform to deposit money safely. The deposit of money by card is quite fast, and in just five minutes you can have access to all your deposited money, in addition, you can use that money within the platform without any restrictions. It is important to note that there are various limits when depositing money, the amount of money to be deposited will increase as the verification of your account increases.

    2.- The verification process when you have a new account within this platform is quite fast and simple. The platform will ask for your identity and a photo of it to verify the identity within the platform, in addition, it will use a camera mechanism to verify that it is you who is verifying that account with your identity. The verification process and simple goals, the same platform will provide you with all the necessary situation to continue with the verification process, I really liked the verification process because it has been quite fast, these are five minutes I already had my account verified in your whole.

    3.- The third positive thing that this platform has is that it can exchange all kinds of Cryptocurrencies into local currency regardless of the country that is not in my employee: for example, I can deposit money with my debit card, converting that money does a cryptocurrency, and Tito currency is so cold towards my employee, immediately the employee will be able to change that CryptoCurrency into the local currency of the country where he is. Our real estate company beto employees constantly need to make various trips outside the country, which is why this platform has been key for us to be able to send them money much more easily and without any type of restriction.

    4.- Security is another of the positive things about this platform, it has a two-step security to access your account, in addition, passwords are needed to carry out any type of operation within this platform, you need to link a phone number and an email address to use your account in negotiations, in addition, every time you go to make a trade within the platform, you would need to receive a code to your mobile phone and in your email. Also, every time you go to make a payment to someone, set up a security pin. Therefore, the security of your assets is something that abounds a lot within Binance.

    5.- The last thing that I loved about this platform is the commissions that it has when making trades. For example, I can deposit an amount of money and trade it by buying Cryptocurrencies, the commission is completely low, compared to other trading platforms that offer a much higher and much higher commission of 10%. I really love the amount of commission that is necessary to pay to review businesses, also, if I need to send a little coin to an employee of my company, I need to pay no commission within the platform.

    Negative: Binance is a fairly complete application when it comes to managing the user's money, in addition, it offers security to all the user's assets. However, I have also noticed some negative things about this platform, which I will mention below.

    1.- The Binance support team takes a long time to make a corresponding response when you have a question, I have contacted Binance passport on several occasions to solve a small problem that I had with an operation, however, the support team took more than half an hour to respond via Live Chat. I believe that the support team should be much more optimal within this platform, since it is very necessary to have immediate help when a problem occurs with the user's assets. I hope this platform will incorporate a better support team for all users

    2.- This platform offers a light version for mobile devices, however this light version is not as functional, it is quite inconvenient to use it, it is not possible to view the graphs of the businesses completely, in addition, it is quite annoying to send money to an acquaintance through this version, since viewing registered contacts to send money with an email address is quite inconvenient. I think that the light version of this platform should offer much more comfort to the users.

    3.- It is not possible to save a trusted device, for example, if I have successfully logged in on my mobile device, and for some reason it is logged out, when I log in again, I must receive the code from my mobile phone and in my email, there's no way to add a trusted device so you're never asked for those verification codes at login again, it's really annoying.

    Read More...
  • Name: Aman V.
    Job Title: Technical Lead
    Length of product use: 2+ Years
    Used How Often?: Monthly
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Best crypto exchange

    Date: Apr 12 2022

    Summary: Binance is the most popular and largest crypto exchange cum trading platform. It is highly trusted, secure and has one of the lowest fees on transactions.

    Positive: Beautiful interface.
    Available globally.
    Great trading platform with charts and graphs.
    Low fees and No KYC required.
    Highly secure with 2fa authentication.
    Great mobile app.

    Negative: No built in digital wallet.
    Interface may seem complex for new users.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Student
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    One of the Best Crypto Trading Apps

    Date: Feb 17 2022

    Summary: Experience with using Binance for my cryptocurrency has been convenient not just for me but also my friends. I love how it's easy to do trade and it's not difficult to learn and understand the current trade forecast so it's more easier to predict/define what cryptocurrencies are the best to invest in at a certain time being.

    Positive: -Multiple Trade Options
    -Secured Transactions
    -Accessible via App/Website
    -Summary forecast of Market Trade

    Negative: -A bit complicated to understand for new users. Nevertheless, can be learned along the way.

    Read More...
  • Name: Eolimary P.
    Job Title: CEO
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User
    Organization Size: 500 - 999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Binance has achieved that it can have commercialization of CryptoCurrencies.

    Date: Feb 27 2023

    Summary: Binance is a platform that has made me feel quite secure in recent years, I have been using this platform for several years to trade CryptoCurrencies in a much easier way and without such an extensive process, I have loved the way in which I can buy CryptoCurrencies With my debit card or my credit card, in addition, I can make the deposit of local currency within this platform there are very few steps, in addition, the identity verification process was also quite simple and fast, it took approximately five minutes and allowed me to start using Binance to trade. Binance has made me feel secure in all aspects, I have made more than 1000 trades within this application and I have never had any kind of problem during any transaction, also I love the way I can deposit coins without risk of what these coins are lost. Platform, I consider that it is a very comfortable platform to use and that it has an application for mobile devices that is quite functional.

    Positive: Binance is a very functional and beneficial platform when it comes to exchanging all kinds of CryptoCurrencies, in addition, with the help of this platform you can carry out a CryptoCurrency exchange at the same time that you can store your assets safely, I really liked the generalized design that you have this app and platform in web version and desktop version i find the app very well crafted for all users and to provide constant convenience also person to person trading process is done securely In all cases, there is zero chance of any Scam occurring during this process of exchanging CryptoCurrencies for local currency. In general, the Binance platform is very well protected, every time you want to log into the platform, you will have to receive a security code on your mobile phone and in your linked email, in addition, to complete each transaction within the platform you will also have to receive a two-step security code, which is why I consider it very difficult and almost impossible for there to be any loss in the assets deposited in the account. Binance has made me feel quite safe, I have deposited a lot of money within this platform and I have been able to carry out all kinds of exchanges within it, I feel very comfortable using it every day, since it allows me to buy or sell all kinds of CryptoCurrencies in question of seconds.

    Negative: One of the main negative things about this platform is that it has many sections, when you scroll it up, you will be able to find many services that Binance offers and sponsorships that are within the platform, therefore, using this platform in general is quite complicated for For new users, I think it should be a much easier platform to use so that new users can learn to trade within it. The second negative point of this platform is that when you are trading in the person-to-person market, and you decide to sell an asset, you will not be able to cancel this sale for any reason, there is no way to cancel that negotiation before the buyer makes the purchase. payment of these assets, this is quite negative on several occasions I have made a mistake in the amount of CryptoCurrencies to sell.

    Read More...
  • Name: Ylia A.
    Job Title: Project Manager
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 500 - 999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    A quite beneficial trade for each of the users for commercial or personal purposes.

    Date: Sep 22 2022

    Summary: Binance is a really beneficial platform for anyone, using it for business purposes or for personal purposes will always be a good option, really the experience I had within this platform was quite good, at no time was I scammed within any of the trades I made in my local currency, plus I was always able to store my money and change it to various Cryptocurrencies in a matter of seconds. I loved the whole platform, I really felt comfortable using it, each of the sessions are quite accessible, it offers a pretty good experience to all users, also if you feel uncomfortable with the basic design of the platform you can activate the mode dark to make it look better. However, I do not recommend this platform for everyone, since as I mentioned previously, you run the risk that it could be a scam within each of the businesses you review. I will continue to use the platform long-term within the company, as it allows me to exchange currency in a matter of seconds.

    Positive: Binance is the ideal platform when you are looking to manage your finances correctly, with the help of this platform you will be able to acquire all kinds of currencies online, you will be able to carry out a trade in different local currencies, in addition, you will be able to notify large or small operations within the general market. One of the main things that I like about this platform is the great interface that it has for mobile devices and in its version for computers, I consider that the interface that it has helps a lot to unfold within the platform and does not present any type of confusion during the navigation of it, you can interact with various actions and exchange various currencies without presenting any type of confusion. Another thing I like about this platform is that it allows me to exchange currency much faster than any other platform, I can convert my local currency to any other type of currency in just a few seconds. In addition, the method to deposit money within this platform is quite simple, just by using my credit card I can deposit the funds.

    Negative: One of the main problems that I have presented with this platform is that when I have not used it for many days on my cell phone, the session of this application closes automatically, so I have to log in every time I need to use it. Another of the negative things about this platform is that trading with other people is quite risky, the platform does not protect you from any scam within it, therefore, you have to be very careful when negotiating in your currency. local, since you could be scammed and the platform will not take care of the lost money.

    Read More...
  • Name: Ankit K.
    Job Title: Systems Engineer
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 1,000 - 4,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Feature rich and reliable.

    Date: Aug 12 2022

    Summary: Overall, Binance is one of the best cryptocurrency trading platform with stable and reliable performance.

    Positive: 1. The user interface of the application is rich and attractive.
    2. It has dedicated lite mode which showcase all the important features only.
    3. It has all the major cryptocurrency listed on the platform.
    4. The funds withdrawal process is seamless and fast.

    Negative: There are a lot of features on the application, which makes the UI a bit complex and harder to get used to.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Recruiting Coordinator
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Love it for trading my crypto

    Date: Feb 28 2022

    Summary: Good platform overall. Some people give it crap but I personally think it is one of the better ones to be used for this.

    Positive: Fairly easy view. Can use the Binance coin to trade for the fees so you don't have unexpected fees at the end. Stays up to date.

    Negative: Sometimes annoying to log into. Wish that they would update the app for USDT to allow people to sell 100% of their coins at once and not make them do the math. The online version is much nicer in this way. Slightly limited market.

    Read More...
  • Name: Almontas L.
    Job Title: CEO
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    REVIEW

    Date: Sep 19 2021

    Summary: It's good if you use it for daily trades due low fees (sculpting) and for total number supported crypto currencies. However I strongly don't recommend using any type of margins, leverage functions due not having a publicly available calculation algorithm.

    Positive: Low fees. Most cryptocurrencies are supported.
    Supports staking, savings, margins and other popular function for crypto exchange.

    Negative: Scamming people with leverage. Algorithm of leverage is too suspicious (most people lose money).
    Doesn't always allow withdrawing money.
    One of worst customer supports.
    Platform becomes slow, then big market moves happen.
    Supported staking function doesn't always allow people to stake.

    Read More...
  • Name: Carlos W.
    Job Title: CEO
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Error in calculation and the worst suport ever

    Date: Sep 15 2022

    Summary: If it had good support and didn't call clients liars it could be great.

    Positive: Nice and works well...

    Until you need it and the persons who work in there doesn't have the education or knowledge to give support.

    Negative: Until your investment is charged more than the rules. And your money just disappears.

    Until you download the sheet from then, take a lot of time to replace the numbers that don't have number codes in Excel, and, after that, support calls you stupid.

    Read More...
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