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Compare Binance and Bitfinex

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At a Glance
Binance
Binance
Star Rating
(180)3.9 out of 5
Market Segments
Small-Business (81.0% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about Binance
Bitfinex
Bitfinex
Star Rating
(18)3.8 out of 5
Market Segments
Small-Business (83.3% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about Bitfinex
AI Generated Summary
AI-generated. Powered by real user reviews.
  • Users report that Bitfinex has a lower Quality of Support rating (5.2) compared to Binance (7.1), indicating that users may find it more challenging to get timely assistance when issues arise.
  • Reviewers mention that while both platforms have similar Ease of Use ratings, Bitfinex (8.1) slightly edges out Binance (8.0) in user-friendliness, making it a bit easier for newcomers to navigate.
  • G2 users highlight that Binance excels in Product Direction with a positive rating of 7.7, suggesting that users feel more confident in the platform's future developments compared to Bitfinex's lower score of 5.0.
  • Users on G2 report that Bitfinex has a smaller total number of reviews (18) compared to Binance (176), which may indicate a less active user community and fewer shared experiences.
  • Reviewers say that both platforms cater primarily to small businesses, but Bitfinex has a slightly higher percentage of reviews from this segment (83.3%) compared to Binance (80.8%), suggesting a stronger focus on small business needs.
  • Users mention that Binance offers a better Ease of Setup score (8.2) than Bitfinex, which could be a significant factor for users looking for a quick and straightforward onboarding process.
Pricing
Entry-Level Pricing
Binance
No pricing available
Bitfinex
No pricing available
Free Trial
Binance
No trial information available
Bitfinex
No trial information available
Ratings
Meets Requirements
8.2
132
7.7
14
Ease of Use
8.0
132
8.1
15
Ease of Setup
8.3
20
Not enough data
Ease of Admin
8.3
8
Not enough data
Quality of Support
7.1
123
5.2
10
Has the product been a good partner in doing business?
8.8
8
Not enough data
Product Direction (% positive)
7.8
120
5.0
14
Categories
Categories
Shared Categories
Binance
Binance
Bitfinex
Bitfinex
Binance and Bitfinex are categorized as Cryptocurrency Exchanges
Unique Categories
Binance
Binance has no unique categories
Bitfinex
Bitfinex has no unique categories
Reviews
Reviewers' Company Size
Binance
Binance
Small-Business(50 or fewer emp.)
81.0%
Mid-Market(51-1000 emp.)
12.6%
Enterprise(> 1000 emp.)
6.3%
Bitfinex
Bitfinex
Small-Business(50 or fewer emp.)
83.3%
Mid-Market(51-1000 emp.)
5.6%
Enterprise(> 1000 emp.)
11.1%
Reviewers' Industry
Binance
Binance
Financial Services
20.6%
Information Technology and Services
9.1%
Investment Management
6.3%
Computer Software
5.1%
Accounting
5.1%
Other
53.7%
Bitfinex
Bitfinex
Information Technology and Services
11.1%
Utilities
5.6%
Transportation/Trucking/Railroad
5.6%
Security and Investigations
5.6%
Research
5.6%
Other
66.7%
Most Helpful Reviews
Binance
Binance
Most Helpful Favorable Review
SA
Salim A.
Verified User in Human Resources

What I love about Binance is the ease of transactions in it, whether in digital currencies or trading, which makes working in it safer and more serious than other platforms, the degree of security it contains, and the possibility of charging payment cards...

Most Helpful Critical Review
AG
Alexandr G.
Verified User in Investment Management

What a "secure" and "independent" way to manage your crypto with Binance, huh? I thought the same until $16,700 of mine was frozen on Binance. On January 15, 2024, while attempting to transfer my crypto, I received a message stating my account was frozen...

Bitfinex
Bitfinex
Most Helpful Favorable Review
Ahmed M.
AM
Ahmed M.
Verified User in Information Technology and Services

I like the most about this platform because it's very secure, fast, and comes with a set of advanced features. Also, the Bitfinex platform has a mobile app, high liquidity, and many cryptocurrencies.

Most Helpful Critical Review
Verified User
G
Verified User in Marketing and Advertising

I deposited $400 into my Bitfinex account, which Bitfinex has stolen! They refuse to return my money without me going through some ridiculously long-winded verification process for which I do not have the requisite equipment (i.e., a photo scanner). It...

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Bitfinex
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Discussions
Binance
Binance Discussions
Is Binance better than Coinbase?
6 comments
DN
I think most binary option companies are scamming website You can deposit money n trade When u wanna withdrawal ur money they seem to reject it Which mean...Read more
Why don't they grant referral earnings?
4 comments
MZ
Binance works like an exchange, therefore its fundamental objective is not in the reference but in supporting the cryptoactive market in carrying out its...Read more
What is Binance platform?
4 comments
LJ
I highly recommend this fair recovery services of Gavin ray, did a fantastic job by recovering my life savings which got stolen investing on binary option...Read more
Bitfinex
Bitfinex Discussions
What is Bitfinex used for?
1 comment
Jorge C.
JC
Used to trade cryptocurrencies and to exchange currencies between people.Read more
Monty the Mongoose crying
Bitfinex has no more discussions with answers