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Binance reviews

4 people have already reviewed Binance. Read about their experiences and share your own!

Binance is a centralized cryptocurrency exchange offering spot, derivatives, margin and OTC trading services to users across Global.

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G. M.
External review

Facial verification prevented account access

The reviewer said repeated facial-recognition failures across several devices left the account inaccessible and made it difficult to reach a human support agent.

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All reviews 14

joneUK

Is Binance safe and legit

I was thinking to switch my crypto exchange should I opt for Binance??

Trading

Date of experience:

G. M.United Kingdom
External review

Facial verification prevented account access

The reviewer said repeated facial-recognition failures across several devices left the account inaccessible and made it difficult to reach a human support agent.

KYC / Verification

Date of experience:

B. A.Bangladesh
External review

Account restriction lacked a clear explanation

The reviewer said the account was restricted without a clear reason and that support did not provide concrete steps for restoring access.

Customer Support

Date of experience:

S. N.France
External review

Fiat withdrawal support did not resolve the issue

The reviewer reported difficulty moving assets to a French bank account and said automated chat guidance did not resolve the withdrawal problem.

Withdrawal

Date of experience:

B. S.Bangladesh
External review

Withdrawal remained suspended during review

The reviewer described a prolonged withdrawal suspension and said updates about the account review were limited and repetitive.

Withdrawal

Date of experience:

N. E.United Kingdom
External review

Security review continued without a firm timeline

The reviewer said funds had remained restricted for more than two months and that repeated support contacts produced general responses rather than a clear completion date.

Customer Support

Date of experience:

E. M.Germany
External review

European deposit options felt increasingly limited

The reviewer described fewer practical card and bank-transfer deposit routes in Europe, along with higher costs and confusing regional eligibility rules.

Deposit

Date of experience:

W. A.Sudan
External review

Support escalation took longer than expected

The reviewer reported that an account issue remained open beyond the initial support estimate and that subsequent replies did not provide a resolution time.

Customer Support

Date of experience:

A. K.Vietnam
External review

Repeated withdrawal blocks reduced confidence

The reviewer said withdrawals were blocked more than once and that the available explanations did not make clear how the restrictions could be avoided.

Withdrawal

Date of experience:

L. B.United Kingdom
External review

Account access was blocked without a clear path forward

The reviewer said the account was blocked and that the reason and recovery steps were not communicated clearly through support.

KYC / Verification

Date of experience:

B. Q.Qatar
External review

P2P dispute remained unresolved

The reviewer reported that coins were not released after a peer-to-peer transaction and said the dispute had remained unresolved for more than two months.

P2P

Date of experience:

Lucas G.Community member

Quick spot order fills with room for better fee transparency

I mainly used Binance for spot trading, and placing orders was generally simple. Trades were usually executed quickly, although I needed some time to get comfortable with the interface and its different features. I would prefer to see a clearer breakdown of applicable fees before confirming larger orders, so I could better understand the costs involved.

Trading

Date of experience:

Leo D.Community member

Responsive trading tools, but advanced settings need clearer guidance

I tried trading several pairs on Binance over a few weeks and found the basic tools straightforward to use. Price updates were quick, and the overall trading interface worked well for my needs. However, some of the advanced settings could benefit from clearer explanations, especially for newer users who may not be familiar with all the available options.

Trading

Date of experience:

Michael F.Community member

The trading tools were useful after a short learning curve

My experience with Binance trading was mixed. The core order screen worked reliably, but switching between markets and reviewing completed orders could be more intuitive. Overall the trading function did what I expected.

Trading

Date of experience:

Showing all 14 reviews