Top Rated Binance Alternatives
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Binance is much more optimised as compared to different crypto trading platforms. Especially its mobile app because I usually love spot trading, and it doesn't require a PC. The app is so fast that I haven't faced any lag since using it. Review collected by and hosted on G2.com.
There is nothing to dislike, although sometimes the app needs an update after every single day, which is quite frustrating sometimes when you're in a mood to trade. Review collected by and hosted on G2.com.
179 out of 180 Total Reviews for Binance
Overall Review Sentiment for Binance
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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 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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The best thing about Binance is its comprehensive API support, which makes it easy to automate trading strategies with Python bots. The platform offers a wide range of trading pairs and high liquidity, which are essential for implementing various algorithmic trading strategies, such as arbitrage and market-making. Additionally, Binance's user interface is intuitive, and the platform is highly reliable, with fast order execution, which is crucial for automated trading. Review collected by and hosted on G2.com.
What I dislike about Binance is that during periods of high market volatility, the API can sometimes experience connectivity issues, which can disrupt automated trading strategies. It would also be beneficial to have more extensive documentation and Python code examples to help developers better utilize the platform's automation capabilities. Review collected by and hosted on G2.com.
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Binance is easy to use and allows me to make deposits and withdrawals thanks to its wide range of cryptocurrencies, it is safe and no great knowledge is needed to access. Review collected by and hosted on G2.com.
There really is nothing that I dislike about Binance so far. Review collected by and hosted on G2.com.
there are many reaseon while i enjoy using binance platform, but the best of all is the level of security coins listent on the exchange have, crypto coins on binance do not turn to scam as must coins on ther crypto changes. Review collected by and hosted on G2.com.
To be honest there customer support is quite slow for the average user which is not an enjoyable exprice for me. Review collected by and hosted on G2.com.
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The amount of available coins, the staking options for a lot of coins, the Binance credit card and the launchpad Review collected by and hosted on G2.com.
The lack of easily transfer money from your bank account. It's somewhat complex UI and not easy to find some options Review collected by and hosted on G2.com.
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Amount of currencies and tokens that they offer, copytrading with a fair fee and beneficts for the trade leader. I use it everyday since 2021, at the beggining it was difficult to use and understand, but with time and lots and lots of reading I found out everything on the app made sense. That I could pay with differents methods on my country and even withdraw the money really fast and if there was a problem which I have never had I assume Customer support would be very helpful because if I have not required to speak with them It must be because customer support is already doing their job on other channels. Review collected by and hosted on G2.com.
It's dangerous if you don't know what you are doing. It's not the company fault, but it's somewhere it has happened and will be happening. Review collected by and hosted on G2.com.
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I have been using Binance from its early days. It is one of the best crypto exchange platforms. Its easy to use. The customer support is also really good, once my btc was stuck in peer to peer transaction and the customer support helped me in getting that back. It has literally every feature, nfts, staking, futures, crypto cards, etc Review collected by and hosted on G2.com.
One thing I don't like about Binance is that it is not that much begginner friendly. it has Binance lite feature for the newcomers, But I think it does not touch all the aspects Review collected by and hosted on G2.com.
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Exchange rates, many cryptocurrencies
P2P users amount. Review collected by and hosted on G2.com.
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 due to a violation of the Terms of Use. The next morning, I discovered my account was completely banned, with no access to withdrawal functions.
I decided to investigate the matter myself and discovered that my decentralized USDT wallet, which I used to top up my Binance account, was flagged with a 100% risk level. Upon inquiry, amlcrypto informed me that the risk was associated with deposits from garantex, which is now under sanctions. It's worth noting that amlcrypto support resolved my query the same day for a $1 fee, whereas Binance has taken months to address an issue in an account with over $20 million in turnover. (ID 177504654 )
I encountered a similar issue with Payeer, but they simply reversed my crypto transfer and refunded it, clearly stating the reason. With Payeer, I had no trouble getting my money back. However, Binance refuses to return funds, fabricating excuses and deadlines out of thin air, seemingly to hold onto your money as long as possible.
It seems we've discovered that anyone can send you tainted crypto, and Binance will freeze your funds indefinitely. I was also disappointed by the lack of honesty from their support team.
Now they adjusting dates of review, added 14 days more, scammers. Review collected by and hosted on G2.com.