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Compare Binance and Poloniex

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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
Poloniex
Poloniex
Star Rating
(35)3.5 out of 5
Market Segments
Small-Business (85.7% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about Poloniex
AI Generated Summary
AI-generated. Powered by real user reviews.
  • Users report that Poloniex has a lower quality of support, with a G2 rating of 4.3, while Binance shines in this area with a rating of 7.1, indicating that Binance users generally have a better experience when seeking assistance.
  • Reviewers mention that Poloniex has a lower score for meeting requirements at 7.2 compared to Binance's 8.2, suggesting that Binance is more effective in fulfilling user needs and expectations.
  • G2 users highlight that the ease of setup for Binance is rated at 8.2, making it more user-friendly for newcomers, whereas Poloniex does not have a specified score in this area, which may indicate potential challenges for users during initial setup.
  • Users on G2 report that Poloniex has a star rating of 3.5, which is lower than Binance's 3.9, reflecting a general preference for Binance among users based on overall satisfaction.
  • Reviewers say that while both platforms cater to small businesses, Poloniex has a slightly higher percentage of reviews from this segment at 85.7%, compared to Binance's 80.8%, indicating a strong focus on small business needs.
  • Users say that Poloniex has a positive product direction score of 8.8, which is higher than Binance's 7.7, suggesting that Poloniex users feel more optimistic about the future development and enhancements of their platform.
Pricing
Entry-Level Pricing
Binance
No pricing available
Poloniex
No pricing available
Free Trial
Binance
No trial information available
Poloniex
No trial information available
Ratings
Meets Requirements
8.2
132
7.2
30
Ease of Use
8.0
132
7.8
31
Ease of Setup
8.3
20
Not enough data
Ease of Admin
8.3
8
Not enough data
Quality of Support
7.1
123
4.3
29
Has the product been a good partner in doing business?
8.8
8
Not enough data
Product Direction (% positive)
7.8
120
8.8
30
Categories
Categories
Shared Categories
Binance
Binance
Poloniex
Poloniex
Binance and Poloniex are categorized as Cryptocurrency Exchanges
Unique Categories
Binance
Binance has no unique categories
Poloniex
Poloniex 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%
Poloniex
Poloniex
Small-Business(50 or fewer emp.)
85.7%
Mid-Market(51-1000 emp.)
14.3%
Enterprise(> 1000 emp.)
0%
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%
Poloniex
Poloniex
Financial Services
54.3%
Computer Software
14.3%
Internet
8.6%
Utilities
2.9%
Public Relations and Communications
2.9%
Other
17.1%
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...

Poloniex
Poloniex
Most Helpful Favorable Review
Carlos P.
CP
Carlos P.
Verified User in Financial Services

Poloniex is one of the safest and most reliable crypto-crypto exchanges founded in the USA, it requires 2-factor authentication for API use and for withdrawals, it has audit programs that block suspicious activity and most of the funds are stored cold and...

Most Helpful Critical Review
Dixit P.
DP
Dixit P.
Verified User in Computer Software

You guys do lots of confirmation for any withdrawal to any external wallet. So how It was stolen from my account without any email confirmation so it's something stolen due to lack of server security. I read lots of complaints and news that the poloniex...

Alternatives
Binance
Binance Alternatives
Gate.io
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UPHOLD
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Poloniex
Poloniex Alternatives
UPHOLD
UPHOLD
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Coinbase Exchange
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Kucoin
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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
Poloniex
Poloniex Discussions
How do I withdraw money from Poloniex?
2 comments
AN
It was a hard time losing over $189k to an online scam broker and I wasn't happy over my withheld funds on the platform, the company refuse to allow me make...Read more
Bull and bear token..
1 comment
Robbie H.
RH
I'll show you all how to earn up to $12,000 right after the weekend, but you'll only send 10% to the company for their commission fee... You'll get paid...Read more
Monty the Mongoose crying
Poloniex has no more discussions with answers