9.8/10 (Expert Score)
Company is rated as #1 in category Crypto exchanges

Binance review: Binance is a cryptocurrency exchange founded in 2017 in China and now based in Malta. It is one of the most popular and largest cryptocurrency exchanges in the world. More than 100 cryptocurrencies can be traded on the exchange, including bitcoin, etherium, bitcoin cache and other altcoins. Binance provides the ability to trade on futures, options and swaps.

One of the main advantages of Binance is the high speed of order processing, low spreads and reliable protection of users' assets. Users can trade on the exchange through a web platform or a mobile app for Android and iOS. Binance offers different types of orders, including limit and market orders, and provides the ability to use margin trading with leverage up to 125x.

binance


Binance also provides an extensive knowledge base and 24/7 customer support in multiple languages to help newcomers get started in the cryptocurrency markets. In addition, the exchange offers various loyalty programs and bonuses such as commission discounts, a referral rewards program, and sweepstakes for users.

Awards:

award

Best Exchange of the Year at the 2019 Blockchain Life Awards

award
award

Best Cryptocurrency Exchange at the Crypto Compare & The Independent UK Awards in 2020

award
award

Best Cryptocurrency Exchange at the Business Intelligence Group Awards in 2021

award
πŸ“… Year of Establishment2017
πŸ’± Coins:385+
πŸ’° Min depositFrom $1
βš–οΈ Leverage1:125
πŸ’Ή Trading feesFrom 0%. Binance charges a tiered fee structure based on a maker-taker model.
πŸ’³ P2P platformβœ…
πŸ“± Mobile appsiOS, Android
πŸ—ΊοΈ HeadquartersBinance is headquartered in Malta, but has offices in multiple locations worldwide.
Advantages:
  • Wide Range of Cryptocurrencies: The platform offers a vast selection of digital assets for trading, including major cryptocurrencies and a diverse range of altcoins, providing users with access to a wide array of investment opportunities.
  • Liquidity: As one of the largest cryptocurrency exchanges globally, the platform ensures high liquidity, enabling users to execute trades smoothly without significant price slippage.
  • User-Friendly Interface: The platform provides an intuitive interface suitable for both novice and experienced traders. It offers easy navigation, advanced trading features, and customizable charting tools, enhancing the overall trading experience.
  • Security Measures: The exchange prioritizes security and implements advanced measures such as two-factor authentication (2FA), cold storage for funds, and regular security audits to safeguard users' assets.
  • Native Cryptocurrency (BNB) Benefits: The platform has its own native digital currency, which offers advantages such as reduced trading fees when utilized for fee payments, enhancing cost-efficiency for traders.
  • Fiat Integration: Users can deposit and withdraw funds using traditional currencies, such as USD or EUR, through bank transfers or third-party payment providers, providing convenient options for entering or exiting the cryptocurrency market.
  • Staking and DeFi Opportunities: The platform offers various opportunities for staking digital assets and participating in decentralized finance (DeFi) protocols, allowing users to earn passive income through these activities.
Disadvantages:
  • Regulatory Complexity: Operating in different jurisdictions entails compliance with varying regulatory requirements, potentially leading to complexity and limitations for users based on their location.
  • Limited Customer Support: Due to high demand, customer support may experience delays or limited availability, resulting in longer response times for user inquiries or issues.
  • Security Risks: While the exchange implements robust security measures, the possibility of hacks or security breaches always exists, posing a potential risk to user funds.
  • Learning Curve for Beginners: Novice users may face a learning curve when navigating the platform, understanding trading features, terminology, and market dynamics, requiring time and effort to become familiarized.
  • Limited Educational Resources: While the exchange provides some educational resources such as tutorials and guides, its educational offerings may not be as extensive as specialized platforms or courses.
  • Dependency on Internet Connectivity: The exchange relies on stable internet connectivity, and disruptions or technical issues related to internet access can temporarily impede trading activities.

Overall Binance Review

Binance is one of the largest cryptocurrency exchanges in the world, allowing users to trade a variety of cryptocurrencies and other assets in forex, indices, commodities, metals and ETFs. Commissions on the exchange start at 0.1% and can be reduced by using the Binance Coin (BNB) token. One of the main advantages of Binance is high liquidity and a wide range of tradable assets, as well as the possibility of using margin trading with up to 125x leverage. Users can trade on the exchange via the web platform, mobile application for iOS and Android, as well as via APIs. Binance provides a high level of security using multiple authentication and two-factor authentication, and provides protection against DDoS attacks and other security threats. The disadvantage of Binance may be the difficulty of use for novice users, as well as limited access to some trading tools for residents of some countries.

Go to Binance.com website

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Top Reviews

Best customer reviews of Binance

The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.

I've been using it for several years now and have never encountered any problems. Trading commissions are very low and the selection of cryptocurrencies and trading pairs is so wide that I always have something to choose from. In addition, the exchange offers excellent customer support and market analysis tools, which helps me to make more informed decisions in my trading.

Samuel Cooper
Samuel Cooper
Florida

I started trading on this exchange only a few months ago and I have already earned a few thousand dollars. The interface of the trading platform is very user-friendly and intuitive, and transactions are instantaneous. In addition, the exchange offers a wide range of cryptocurrencies and trading pairs, which allows me to diversify my portfolio. I am very satisfied with Binance and consider it the best cryptocurrency exchange on the market!

Thomas Wirth
Thomas Wirth
Hamburg

Binance is unbelievable! I have been trading on this exchange for several years and I am very satisfied with its work. The interface is user-friendly and intuitive, transactions are instant, and trading fees are extremely low. The exchange also offers a wide range of cryptocurrencies and trading pairs, which allows me to diversify my portfolio. I highly recommend Binance for everyone who wants to trade in the cryptocurrency market

Alexander Perez
Alexander Perez
New York

Expert Review

Expert Review of Binance

Binance is one of the most popular and respected cryptocurrency exchanges in the world. The platform offers a wide range of trading instruments, high liquidity, reliable protection of user accounts and fast order processing. In addition, Binance offers user-friendly apps for mobile devices, many loyalty and bonus programs, and support in several languages. The web platform was very intuitive and easy to use, and the customer support was top notch. I also appreciated the high liquidity on the platform, which makes it quick and easy to make trades at good prices.

TradersHero recommends using this crypto exchange for trading, which has gained a high degree of trust and numerous favorable reviews as a reliable platform for cryptocurrency trading.

Roman_Mukhin
Roman Mukhin
Financial expert and analyst at TradersHero.com

Risk Warning. Investing in cryptocurrencies and trading on cryptocurrency exchanges carries a high level of risk. It is advisable to carefully study the market and the risks associated with it before investing. Carefully read the rules of the exchange and follow them when trading. Binance is not responsible for loss of funds as a result of investing in cryptocurrencies.

Binance Ern

Investment Programs

Binance Earn offers an opportunity to grow your savings effortlessly, even when you're sleeping, allowing your money to work hard for you. With various options available, each tailored to your risk appetite, investment duration, and expected returns, you can choose to either stake your PoS coins, lend your funds to earn interest or securely deposit them to a DeFi service through Binance. Thus, Binance Earn provides a comprehensive solution for all your earning needs. Let's delve deeper into what Binance Earn can offer you.

Simple Earn offers an opportunity to earn rewards on your idle assets with flexible or locked terms.
Launchpool. Additionally, Binance provides other investment options like Launchpool, where you can stake your BNB, BUSD, or other cryptocurrencies to gain a share of a new token being launched on Binance.
Binance Liquid Swap. Another option is Binance Liquid Swap, where you can become a market maker by depositing a supported stablecoin and start earning interest, potentially offering higher returns than other Binance Earn products.
BNB Vault. Staking your BNB on BNB Vault will generate BNB Vault assets, and the interest will start accruing from the second day, with rewards distributed daily.
Dual Investment. Additionally, Binance offers Dual Investment, where you deposit a cryptocurrency and earn a return based on two assets, which locks in your holdings and yield, but potentially earns you more if the value of your holdings increases during the lock-up period.

Stacking is when you fix your cryptocurrency on the blockchain for a period of time to earn a reward interest, usually in the same coin. By participating in staking any cryptocurrency, you are helping to validate new transactions in the chain.

how to use Binance staking
Getting started with Binance Staking is a straightforward process that allows you to earn passive income from your cryptocurrencies. Follow this step-by-step guide to begin staking on Binance:
Create a Binance Account
Visit the Binance website (binance.com) and click on the “Register” or “Sign Up” button. Fill in the required information, including your email address and a strong password. Agree to the terms of service and complete the registration process.
Complete Verification (Optional)
Depending on your region and the level of verification you require, you may need to complete the verification process. This step is optional for basic staking but may be required for higher-tier staking services. Follow the instructions provided by Binance to complete the verification process if necessary.
Deposit Funds
After creating and verifying your account, you need to deposit funds into your Binance account. Navigate to the “Wallet” section and select the cryptocurrency you want to stake. Click on the “Deposit” button next to the chosen cryptocurrency and follow the instructions to transfer your funds from an external wallet or exchange to your Binance account.
Navigate to Staking
Once your funds are successfully deposited, go to the “Finance” or “Staking” section of the Binance website. Here, you will find various staking options available for different cryptocurrencies. Select the cryptocurrency you want to stake from the list of available options.
Choose Staking Option
Within the chosen cryptocurrency's staking page, you will find different staking options with their respective annual percentage yield (APY) and lock-up periods. Review the details of each staking option, including the staking duration and rewards, and choose the option that aligns with your investment goals.
Enter Staking Amount
Enter the amount of the cryptocurrency you want to stake in the provided field. Ensure that you have the required minimum staking amount, as specified by Binance, to participate in the staking program. Double-check the details and confirm your staking transaction.
Confirm and Lock Your Funds
Review the staking details once again to ensure accuracy. If you are satisfied, click on the “Confirm” button to proceed with the staking transaction. By confirming the staking transaction, you lock your funds for the specified lock-up period.
Monitor and Collect Rewards
After staking your funds, you can monitor your staking activity through the “Staking” or “Finance” section on the Binance website. Keep track of your staking rewards, projected earnings, and staking period. Binance will distribute the staking rewards periodically according to the terms of the staking program.
Manage Your Stakes
Binance provides options to manage your stakes. You can choose to unstake your funds before the lock-up period ends, but note that early unstaking may result in penalties or loss of rewards. Consider your investment strategy and any penalties associated with early unstaking before making any changes to your stakes.
Stay Informed and Explore
Stay updated on the latest staking opportunities, changes in APY rates, and any additional staking options introduced by Binance. Explore other staking programs available for different cryptocurrencies and consider diversifying your staking portfolio to optimize your earnings.

With Binance Earn, you can select the product that aligns with your investment style and effortlessly earn rewards.

Tips for Successful Staking
  • Research and Choose Reliable Projects: Before staking any cryptocurrency, conduct thorough research on the project, its team, and its long-term viability. Look for projects with strong fundamentals, a solid track record, and a clear staking mechanism.
  • Understand Staking Terms and Rewards: Familiarize yourself with the staking terms, including the lock-up period, APY, and any potential penalties or restrictions. Calculate the potential rewards and evaluate whether they align with your investment goals.
  • Diversify Your Staking Portfolio: Consider diversifying your staking portfolio by staking different cryptocurrencies or participating in multiple staking programs. This helps spread the risk and potentially increases your overall rewards.
  • Monitor Staking Rewards and APY: Keep track of your staking rewards and the APY offered by different projects. Monitor any changes in rewards or staking conditions to make informed decisions about your staking strategy.
  • Stay Informed About Project Updates: Stay updated on the project's developments, news, and any changes to the staking program. Join official project communities, follow social media channels, and stay connected with reliable sources of information to make informed decisions.
  • Consider Staking Rewards vs. Liquidity Needs: Assess your liquidity needs before staking. Determine if you can afford to lock up your funds for the specified period and evaluate whether the potential rewards outweigh the benefits of having immediate access to your funds.
  • Secure Your Staked Assets: Take adequate measures to secure your staked assets. Use strong passwords, enable two-factor authentication, and consider using a hardware wallet or a dedicated staking wallet for enhanced security.
Risks and Limitations of Staking
  • Market Volatility: Cryptocurrency markets can be highly volatile, which means the value of your staked assets can fluctuate significantly. Market downturns may result in decreased rewards or even loss of principal.
  • Smart Contract Risks: Staking typically involves the use of smart contracts. While smart contracts are designed to be secure, there is always a risk of vulnerabilities or exploits that could lead to financial losses.
  • Penalties for Early Unstaking: Some staking programs impose penalties or restrictions if you choose to unstake your funds before the lock-up period ends. Be aware of any penalties and consider the implications before making changes to your stakes.
  • Limited Liquidity: When you stake your assets, they are locked up for a specific period. This limits your ability to access or trade those assets until the lock-up period expires, which may affect your liquidity.
  • Project Risks: Staking involves trusting the underlying project. There is a risk that the project may not deliver on its promises, experience technical issues, or even fail entirely, resulting in potential losses.
  • Regulatory and Legal Risks: Regulatory changes or legal restrictions imposed on cryptocurrencies or staking activities may impact the viability or profitability of staking.
  • Impermanent Loss (For Liquidity Pool Staking): If you participate in liquidity pool staking, you may be exposed to impermanent loss. This occurs when the value of the underlying assets in the pool changes relative to each other, resulting in potential loss compared to holding the assets separately.

Remember, staking involves risks, including the potential loss of funds, and rewards are not guaranteed. Conduct thorough research, understand the terms and conditions of each staking program, and consider your risk tolerance before participating in any staking activities on Binance.

Disclaimer: The information provided in this guide is for informational purposes only and should not be considered financial advice. Staking involves risks, and it is important to conduct your own research and consult with a qualified financial

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Conditions

Trading Conditions for Binance Users

Binance provides traders with ample opportunities to trade in a variety of markets, including forex, stocks, indices, ETFs, commodities, metals and cryptocurrencies. The minimum deposit to start trading on Binance is only $10, making the platform accessible to a wide audience of traders.

Leverage up to 1:2000 is available on Binance, which allows you to increase the size of your position and the potential profit from trades. Also, the platform provides a floating spread from 0 pips, which provides the best conditions for trading.

Binance provides traders with the ability to use different types of orders, such as limit, market, stop-limit, and others. This allows traders to control their trades and risks more accurately. In addition, the Binance platform has a user-friendly and intuitive interface which allows for fast and efficient trading in different markets. Mobile apps are also available on Binance for convenient trading from any device.

πŸ“… Year of Establishment2017
πŸ’± Coins:385+
πŸ’° Min depositFrom $1
βš–οΈ Leverage1:120
πŸ’Ή Trading feesFrom 0%. Binance charges a tiered fee structure based on a maker-taker model
πŸ’³ P2P platformβœ…
πŸ” Copy Trading❌
πŸ“ˆ DirectivesUSDT perpetual, futures, options, leveraged tokens
πŸ“Š DeFi Stakingβœ…
πŸ–ΌοΈ NFTβœ…
🏦 Crypto Loansβœ…
πŸ”“ Demo accountβœ…
πŸš€ Launchpadβœ…
πŸ“± Mobile appsiOS, Android
πŸ“ž Customer ServiceForums, Chat, Email
πŸ‘©β€πŸ’Ό SupportMultilingual
πŸ—ΊοΈ HeadquartersBinance is headquartered in Malta, but has offices in multiple locations worldwide.

Risk Warning

Comparison

Comparison of Binance.com with other Crypto Exchanges

Coins
Trading fees
iOS, Android
Directives
Leverage
Staking
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P2P platform
Coins
385+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:125
Staking
COPY TRADING
P2P platform
Coins
360+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:100
Staking
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815+
Trading fees
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iOS, Android
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Leverage
1:100
Staking
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P2P platform
Coins
350+
Trading fees
Maker fee from -0.05%
iOS, Android
Directives
Leverage
1:100
Staking
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P2P platform
Coins
490+
Trading fees
From 0.0015%
iOS, Android
Directives
Leverage
1:100
Staking
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Coins
400+
Trading fees
From -0.01%
iOS, Android
Directives
Leverage
1:100
Staking
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P2P platform

Crypto Exchanges comparison table of trading instruments

Binance
VS
Bybit
VS
Kucoin
Spot
VS
VS
Margin Trading
VS
VS
Futures
VS
VS
Options
VS
VS
NFT
VS
VS
DeFi Staking
VS
VS
Crypto Loans
VS
VS
Launchpad
VS
VS

Commissions

Binance Accounts, Commissions & Fees

Binance offers three account types for traders: Basic, Advanced and VIP. Binance trading fees depend on the type of account and the volume of trading over the last 30 days in Binance Coin (BNB).

For Basic and Advanced accounts the commission is 0.1% for each transaction. If a trader wants to get a discount on commission, he or she can pay it with BNB. The commission for the VIP account is determined individually depending on the trading volume.

To withdraw cryptocurrency from the Binance exchange, there is a commission, which depends on the type of cryptocurrency and their volume. The fee may also vary depending on the current load on the network.

In addition, Binance has a number of additional commissions, such as a fee for using the exchange API or for the withdrawal of cryptocurrency to another exchange. Detailed information on fees can be found on Binance's official website.

If you hold a BNB coin in your portfolio, the exchange offers discounts on fees

Account typeMinimum depositLeverageTransaction feeMargin call / Stop out
Standard account1 USDT1:10,1%30%/15%
Spot 1 USDT1:10,1%30%/15%
Margin 10 USDT1:30,02-0,1%25%/10%
Futures 10 USDT1:1250,04-0,1%10%/10%
Options 10 USDTNot applicable0,1%Not applicable

Binance VIP Program Fees

Spot Trading

Account typeTrading volume
for 30 days (BUSD)
Maker FeeTaker Fee
Regular user 00,1000%0,1000%
VIP 11 000 0000,0900%0,1000%
VIP 25 000 0000,0800%0,1000%
VIP 320 000 0000,0700%0,1000%
VIP 4100 000 0000,0700%0,0900%
VIP 5200 000 0000,0600%0,0800%
VIP 6500 000 0000,0500%0,0700%
VIP 71 000 000 0000,0400%0,0600%
VIP 82 500 000 0000,0300%0,0500%
VIP 95 000 000 0000,0200%0,0400%

If you pay at BNB, you get a 25% discount on commissions

Futures Trading

Account typeTrading volume
for 30 days (BUSD)
Maker FeeTaker Fee
Regular user 00,0200%0,0400%
VIP 115 000 0000,0160%0,0400%
VIP 250 000 0000,0140%0,0350%
VIP 3100 000 0000,0120%0,0320%
VIP 4600 000 0000,0010%0,0300%
VIP 51 000 000 0000,0080%0,0270%
VIP 62 500 000 0000,0060%0,0250%
VIP 75 000 000 0000,0040%0,0220%
VIP 812 500 000 0000,0020%0,0200%
VIP 925 000 000 0000,0000%0,0170%

If you pay at BNB, you get a 10% discount on commissions

Please note that some account types may have other parameters which are not specified in the table, such as instruments availability and trading platforms functionality. In addition, parameters may vary depending on the geographical location of the user. Please check the Binance website for up-to-date information.

Risk Warning

Final review

Detailed review of Binance

Binance is one of the most popular cryptocurrency exchanges in the world, which was launched in July 2017. It offers a wide range of cryptocurrency pairs for trading, including over 500 different coins and tokens.

One of the main advantages of Binance is its low transaction fee of only 0.1% per transaction, making it one of the most competitive exchanges in this parameter. In addition, the exchange has the opportunity to get an additional discount on the commission if the user trades using the exchange's internal cryptocurrency – BNB.

One of the key features of Binance is its focus on professional traders. The exchange offers many tools and features that can be used by experienced traders, including spot trading, margin trading, cryptocurrency futures, and trade copying. In addition, high leverage is available on the exchange, allowing traders to make large profits with less capital invested.

Binance also offers its users a user-friendly interface for trading, which makes it easy to set up charts, keep track of assets and monitor trades. The exchange also offers trading with up to 125x leverage, making it attractive to experienced traders looking for high-risk trades.

In addition, various market analysis tools are available on the exchange, including charts, news and indicators to help traders make more informed decisions. In addition, the exchange regularly holds contests and promotions with prizes in cryptocurrency, making it more attractive to new users.

Note
However, like any cryptocurrency exchange, Binance is not safe from hacking attacks, and users should be careful when storing their assets on the exchange. Binance offers enhanced security measures, including two-factor authentication and a password hacking protection system, but there is still a risk of losing funds.

Overall, Binance is an attractive exchange for trading cryptocurrencies due to its low fees, user-friendly interface and wide selection of trading pairs. It also offers additional tools for market analysis and enhanced security measures to protect

Advantages:

Binance is the most popular cryptocurrency exchange in the world. Here are the benefits that make it special:

Fast order execution: thanks to its motion engine technology, Binance can process up to 1.4 million orders per second, making it one of the fastest and most efficient exchanges on the market.
Large selection of cryptocurrencies: Binance offers more than 300 cryptocurrencies for trading, making it one of the most diverse exchanges in the world. This allows traders to choose the most promising assets and diversify their portfolio..
Low commissions: Binance offers some of the lowest commissions in the industry, making it very attractive to traders of all levels. Transaction fees are as low as 0.1% and can be even lower when using Binance Coin (BNB) internal cryptocurrency.
Simple and user-friendly interface: Binance's interface is very intuitive and easy to use, making it attractive to newbies and professionals alike. The exchange also provides many tools and features that can help traders in their trading operations.
Reliability and security. Binance is known for its high standards of security and protection of customer funds. The exchange uses advanced security technologies, including two-factor authentication and cold wallet storage, to protect customer assets from cyber attacks.
Wide choice of payment methods: Binance supports multiple payment methods including bank cards, e-wallets and bank transfers. This makes the deposit and withdrawal process very easy and convenient for customers from all over the world.

Binance.com Regulator

Binance is a centralized cryptocurrency exchange, which means that it is subject to regulation in the same sense that traditional financial institutions are. Depending on which jurisdiction you are in, the exchange may be subject to some level of regulation.

For example, Binance is registered in Malta and is licensed to operate a virtual financial asset by the Maltese Financial Services. It is also registered in Japan, the U.S. and other countries. This shows that the exchange strives to comply with local laws and regulations.

In addition, Binance interacts with regulators and participates in discussions on the adoption of legislation in the field of cryptocurrencies and blockchain. The exchange is also working to comply with KYC/AML policies, which require users to undergo verification procedures to prevent money laundering and terrorist financing.

Overall, while Binance is not strictly regulated, it strives to comply with local laws and regulatory requirements and works with regulators to develop the cryptocurrency industry.

Risk Warning

Promotions

Bonuses Paid by the Binance.com

Bonuses

Binance offers various active bonus programs for its users, including:

Referral Program: You can invite your friends to register on Binance with your unique invitation link. If they register and start trading on Binance, you will receive a commission from their trades.
First Deposit Bonus: Binance offers a bonus of up to 10% on your first deposit, depending on your deposit method.
Trading Bonuses: At certain times, Binance runs special promotions where users can get bonuses for trading certain cryptocurrencies.
Binance Launchpad: This is a platform for launching new projects that users can purchase during an Initial Coin Offering (ICO). Purchasing tokens on Binance Launchpad can provide the user with bonus tokens.
Voting bonuses: Binance users can vote to add new cryptocurrencies to the platform. Binance provides bonuses to those who actively participate in voting.
Special bonuses for Binance Coin (BNB) holders: Binance offers various privileges for holders of its own cryptocurrency Binance Coin, such as trading discounts, access to certain features and products on the platform.

It is important to note that the terms and requirements of the bonus programs may change over time, so you should check the official Binance website for up-to-date information.

Education

Review of the Binance Education Program

Binance offers an extensive educational program for its users to help them learn more about cryptocurrencies and blockchain technology. Binance's education program includes the following main elements:

Educational tools:

Binance Academy: is an online education that contains information about cryptocurrencies, blockchain, technology and tools used on Binance.
Binance Research: is Binance's research group, which conducts analyses and reports on the cryptocurrency market, including analyses of tokens, ICOs, and trading strategies.
Binance Blog: is a Binance blog that provides news, analysis and updates about cryptocurrencies and blockchain.
Binance Podcast: this is the official Binance podcast, which discusses various topics related to cryptocurrencies and blockchain.
Binance Academy Video Series: this is a series of video tutorials that allow users to gain a deeper knowledge of cryptocurrencies and blockchain.
Binance Meetups: these are regular events organized by Binance in different cities around the world, where users can interact with experts from the cryptocurrency community and learn about the latest trends and news.


Online Courses:

Courses and tutorials provided by Binance can be found on their website under the “Academy” section. Here are three online courses that may be of interest to new and experienced traders:

“Binance Academy”: This course contains various materials about cryptocurrencies, including information about blockchain technology, investing, security and more. It's a great place for beginners who want to understand how the cryptocurrency world works.
“Binance Masterclass”: This is a training program that contains lessons about trading on Binance. The course contains lessons on how to use the platform, how to analyze the market and more.
“Binance Futures Trading”: This course is a guide to futures contracts on Binance. It provides information on how futures trading on the Binance platform works, as well as general information on trading strategies, risks, and more.

Binance education program allows users to gain broad knowledge about cryptocurrencies and blockchain and helps them learn how to trade on the Binance platform with more confidence and efficiency.

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latest posts

Rating and Comments

Binance Users Reviews 2024

9.2 Total Score
18 reviews
Rating Overview

Based on all reviews

9.8Expert Score
Investment instruments
10
Deposits and withdrawals
9.3
Customer service
9.7
Trading platform
10
8.5User's score
Investment instruments
8.4
Deposits and withdrawals
7.7
Customer service
8.6
Trading platform
9.3
Add your review  |  Read reviews and comments

Authors:

Roman_Mukhin

Roman Mukhin
Financial expert, analyst and author

Jane Emberg

Jane Emberg
Financial analyst and editor

Best Crypto ExchangesOverall Ranking
5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. I’m somewhat new to the cryptocurrency world and this review of Binance seems very thorough. It’s helpful to know that they have a variety of trading options and a low minimum deposit, which makes it accessible. Still weighing the pros and cons before diving in, but this provided some good insights.

  2. 4.85
    Investment instruments
    100
    Deposits and withdrawals
    90
    Customer service
    100
    Trading platform
    100

    I have been using Binance for several years now and I am very satisfied with this exchange. They offer a wide range of cryptocurrencies, fast transactions and reliable account protection. The commissions are moderate and the interface is intuitive even for newbies

    + PROS: Low trading commissions liquidity interface
    Helpful(0) Unhelpful(0)You have already voted this
  3. 3
    Investment instruments
    100
    Deposits and withdrawals
    20
    Customer service
    40
    Trading platform
    80

    I had a really bad experience with Binance. I tried to deposit some funds and they got stuck in limbo for weeks. I reached out to their customer support but it took them forever to respond and even then, they were not very helpful. I ended up losing a lot of money because of this.

    Helpful(0) Unhelpful(0)You have already voted this
  4. 4
    Investment instruments
    80
    Deposits and withdrawals
    80
    Customer service
    80
    Trading platform
    80

    Binance has a lot of trading pairs and the fees are decent. However, the verification process can be quite lengthy and confusing. I also find the UI a bit cluttered and overwhelming

    Helpful(0) Unhelpful(0)You have already voted this
  5. 4.5
    Investment instruments
    90
    Deposits and withdrawals
    100
    Customer service
    100
    Trading platform
    70

    Binance is an amazing exchange platform. The user interface is very easy to use and it offers a wide range of trading pairs. I love the fact that they have a mobile app which allows me to trade on the go. The customer support is also very helpful and responsive.

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