Binance Pros and Cons

The fees are very competitive and transactions are very fast. I particularly enjoyed learning about cryptos while earning some as rewards for doing the courses for free!

The multitude of payment methods and the ability to pay your mining directly to binance is a huge bonus as you don't end up paying double fees. Review collected by and hosted on G2.com.

Trading platform in binance is quite complicated and the overnight CFD fees are quite high. Some of the latest coins are generally missing which means I need to go to other platforms to invest in them. Review collected by and hosted on G2.com.

The staking it provides, the mining pools, the rewards to earn and how easy it is to use the platform, it has many coins available and excellent customer service Review collected by and hosted on G2.com.

The minimum purchase amount is 10 dollars in other platforms you can buy at 1 USD, the commission for deposit from your card is high Review collected by and hosted on G2.com.

What I like most is that you can trade any cryptocurrency whenever you like. also, it has the best free academy in the market where you can learn how to trade without paying. Review collected by and hosted on G2.com.

I dislike that Binance has a lot of features that are difficult to understand like when you go to the app and you see a lot of buttons but you don't know what to do with them. Review collected by and hosted on G2.com.

I think Binance is a best-in-class all-in-one crypto exchange with plenty of associated products and services. Binance is not only an excellent crypto exchange with low fees, a wide range of token options, and a simple interface, but they also offer a wide array of additional services like a wallet and native token. Being able to pay fees with Binance's native token is a great feature and investment. I also really like Binance's crypto wallet. I use the Web wallet and it is great when you need to move tokens from your exchange account to be used with some of the best dapps like Pancake Swap. Binance's knowledge base is another asset I have taken advantage of and is much better than their competitors. Review collected by and hosted on G2.com.

Restrictions like the alternative versions for US customers such as the Binance.us can be confusing for those new to the crypto space but this is probably more of a regulatory issue. I also am not a fan of the different rates and fees when buying/selling using the crypto pairs and just initiating buys or sells from your holdings. If this sounds confusing, it is. There really shouldn't be a difference but when compared to other platforms like Coinbase, which has two different apps (Coinbase and Coinbase Pro) for these two different types of purchases, Binance at least bundles everything together for you. You just have to be aware of the differences when making transactions on the platform. Binance also lacks a learning component which I think is very crucial when interacting with such a budding space like crypto and blockchain. Review collected by and hosted on G2.com.

Well I joined Binance 1.5years back & due to Binance only I have been actively involved in Crypto Market..

Binance currently is one of leading exchange of World & Most likely the school of Crypto Lovers & Believers like me. Review collected by and hosted on G2.com.

Well till last year there use to be some bugs in Android app but now everything is smooth & I enjoy Trading on Binance..

After too many liquidation both Binance & my trading perspective have completely changed.

#Believe #Buildcrypto Review collected by and hosted on G2.com.

The platform has a nice look and feel to it. Very easy to understand what it is that your are trying to do. If you can manage to get past the sign up process. Review collected by and hosted on G2.com.

It took me several tries. to get the sign in process to work. I first used my passport which is noted to be an acceptable for of verification. only to get an email saying that they do not accept a US passport. (??) took me 2 months to finally get my account accepted. now I have to reset my banking information every couple of months. really annoying. My wife is currently trying to get an account. it took literally 3 months for binance support to tell her that her verification process failed because her photo of her id was not clear enough for them. Now using the verification process to take a photo Via the cell photo, the app they use doesn't allow for your phone to focus to take a clear image. We tried three seperate phone. all had the same problem. (it doesn't focus to take a clear photo) Binance your verification process sucks! Other services that require the same verification process have systems that work much better during the process. ALSO, I don't have to verify my attached bank account every month. it seems more like Binance is doing everything they can to discourage the use of their system. Get rid of Jumio.io and find something better. Review collected by and hosted on G2.com.

The thing I like about Binance is that it is a cryptocurrency app that will enable users to create accounts and start trading on Bitcoin..It really did simplify and made easily accessible investment environment to the general public and people who might not be able to do so.

In fact, it really did simplify a very complex financial trading environment for anyone who has money . Review collected by and hosted on G2.com.

The thing that causes me to stop using Binance is that I can not be able to complete my registration process.

This is because it I couldn't fully verify myself, and the verification process because it was so strict that genuine people like Review collected by and hosted on G2.com.

I've been using Binance for Almost a year and I never encountered a problem. Binance is best for both, Beginners and an Expert. The Referral Program is very good, we can earn somewhere around 40% of commission from each person we refer. Overall a Good Platform for Crypto Traders. Review collected by and hosted on G2.com.

Seriously, I don't have any dislikes. For Me, Binance is a complete & secure platform. Review collected by and hosted on G2.com.

It is a very user friendly app i have purchased crypto currency with the help of this app. The process is very minimal to purchase any crypto the transactions are very smooth. Review collected by and hosted on G2.com.

There is nothing much to dislike about the the app the user interface of the app is a bit complicated people using for the first time might find it difficult to switch between the Pro and the normal mode there should have been an option for Indian users to purchase crypto in INR apart from that the app is very good. Review collected by and hosted on G2.com.

Everything. No fees for crypto transactions. Option to invest in holdings to earn extra money. Easy to use. Reliable crypto wallet. Several cryptos to invest in. Review collected by and hosted on G2.com.

It should include a multi-language feature (App only available in English) and more profitability details. In general, it is the best crypto marketplace in the whole market (I tried several before Binance). Review collected by and hosted on G2.com.