Binance has more than 350 cryptocurrencies available for trade on its exchange, but only about 150 are available in the U.S. For international users, it also supports a variety of fiat currencies, including USD, EUR, AUD, GBP, and INR. Depending on your location, Binance has a wide variety of cryptocurrency pairs depending on your location. I have chatted and continue this without any success, I can say Binance is not trustworthy and truthful about promises .
- If you still have questions, contact Binance by email through Submit a request.
- Experienced traders may appreciate the variety Binance offers, but users might find this platform confusing given its many features.
- Hands down worst customer service of any company I have ever experienced.
- I don’t know if I am using the wrong methods or this isn’t the right platform but something is fishy.
- Overall a good exchange that I’ve been using in the past 6 years but still, not holding anything significant on any exchange and always looking to spread over multiple platforms and wallets.
If you want immediate access to new coins, Binance is where to get hot alt coins. The steady flow of coins from its ICO launches to alt coin listings on Binance ensures early access to a good supply of new coins. Trading fees are low and even cheaper if you use Binance coin (BNB).
This is the worst investment I have…
Drivers license, front and back, light bill, bank statement, ss#, electric bill, insurance bill, and also submitted mail in my name from credit card statements. Locked my money out and still over a month haha just a scam. Won’t let me transfer money back into my bank account as this service has been removed. Also no longer support withdrawals to Mastercard debit of visa cards. Terrible service, happy to tak your money and then make it almost impossible to get it back out.
EXPERIENCED CRYPTO TRADER WITH HONEST REVIEW
Do not forget to go to Accounts and Referrals to see whether your referred friends are making you money by trading on Binance. But as trading on Binance becomes more liquid and faster, is it providing an unfair advantage to the big monied traders? With the many exchange scandals happening over the years, many users online have been asking “is Binance safe?
A lot of problems with the exchange…
We use dedicated people and clever technology to safeguard our platform. I have had bunch of different coins with them, as customer living in UK, and now they locked me out of any withdrawals in GBP (Apparently 6 months ago). I have to move all BTC/coins somewhere else and only then exchange to GBP, what lost me bunch of money.
I can say that it used to be much better but there have been too many changes and updates that negatively impacted this exchange. This is a good example of a company that grows “too fast”. Global regulations that force Binance to widthdraw from many markets and countries is unfortunate. They cheat people with their subsidiaries and make sure their website doesn’t work, So that there’s no proof left. I already tried reaching over the email and nothing happens. It’s just here we get to see the automated response from them.
Most exchanges also conduct ID verification to comply with know your customer (KYC) and anti-money laundering (AML) rules. As a repository of client money and personal identification information, exchanges are at a high risk of cyber hacking and theft. The current centralized exchange model provides more advanced features, such as margin trading and stop-loss accounts. Binance offers one of the lowest trading fees in the market, a good variety of digital assets to trade, varying trading options for beginners and experts and a user-friendly interface.
People who looked at this company also looked at
When you complain they are just cold as ice. And even probably scammers as god knows when and if I will get my money back. Investing in cryptocurrencies, Decentralized Finance (DeFi), and Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. Yup, same problem, Failure to verify identity.
They have frozen all my fund telling me that the USDT that i received 10 month ago was not from legal source. Traders can also use the Binance platform to access their portfolios and trade history, as well as view the order book and price charts. Additionally, Binance provides various order types such as stop order, limit order, stop-limit order, stop-market order, and trailing stop order.
They are condescending, completely irrelevant, and straight up lie to customers. We reviewed cryptocurrency exchanges regarding their security, fees, number of cryptocurrencies available, and more. We also considered whether the exchange is regulated by a proper agency or entirely decentralized. Our full cryptocurrency exchange methodology, including the review process and weighted data points, is available for review. Binance and Coinbase Pro are the two largest exchanges in the world. They also offer active traders versatility in trading options and assets.
The confirmation from binance showed the fee in BTC so I wouldn’t guess that I was about to pay 18 dollars to send 50. Ridiculous, they should warn users or even best just simply have the amount of dollars in a freaking (PARENTHESIS). The security features on Binance are average for the industry.
Making deposits and withdrawals is simple and can be done by navigating to the “Spot Wallet,” selecting the asset you’d like to purchase or withdraw, and following the on-screen instructions. People binance review trustpilot who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Most cryptocurrency exchange’s offer rewards for referring friends.
Binance offers hundreds of cryptocurrencies for global users. However, it’s important to note that the global Binance platform is different from its U.S. counterpart, Binance.us, which only offers about 150 cryptocurrencies. If you want to preserve your sanity find a company that cares. Unable to handle simple transactions and you end up with money floating in limbo for 7 days because their system is clunky.
I had to manually withdraw my funds, which was a hassle. On the bright side, their support team was very helpful and professional. The whole process took 2 days, which was longer than I hoped, but I appreciate their assistance. 3 stars for the inconvenience, but kudos to their support.