🤔If you’re new to crypto and wondering whether Binance is the right platform, this article is for you. I’ve used Binance for years and decided to share my honest review. I’ll cover what I like, what I don’t, and what other users think. 💡
Whether you're just getting started or looking for a better exchange, you'll find value here. And if you decide to sign up, use this referral link for a lifetime 20% fee discount:
My Binance Review – What I Like About Binance
After using Binance.com for a long time, I can confidently say it’s one of the most complete crypto exchanges out there. For beginners like me, the interface is simple and easy to understand. It took me less than an hour to explore all the key features. Everything is where it should be, and the learning curve is smooth.
What really stood out was the “Earn” section. Binance offers flexible savings, locked staking, and launchpool events that reward users for simply holding their crypto. I compared this to other exchanges, and Binance consistently provides the best return rates and more opportunities. You don’t need to be a pro to use it — everything is clear and well-organized.
Another big reason I use Binance is the low trading fees. The base fee is already cheap, but I managed to cut my costs by up to 45%. How? I signed up using a referral link and chose to pay fees with BNB (Binance Coin). This small change made a real difference, especially when trading frequently. If you haven’t registered yet, make sure to use this link:
I also want to mention the futures trading section. I’ve tried it on a few platforms, but Binance has the most user-friendly layout. Everything is responsive. You can easily manage leverage, positions, and stop-losses. Even as a beginner, I felt in control. The mobile app mirrors the web version really well, so I can trade or check my positions anytime, anywhere.
Security is a major concern for any crypto user. Binance provides peace of mind with its SAFU fund, which is a reserve set aside to protect users. I’ve never experienced a security issue, but it’s reassuring to know the platform is prepared. Two-factor authentication, address whitelisting, and anti-phishing codes are just a few of the safety features they offer.
Customer support also deserves praise. I had to contact support once regarding a delayed withdrawal. I got a clear response in less than an hour. The live chat is available 24/7, and the staff were professional and helpful. Compared to other platforms, this level of support is rare.
Lastly, the mobile app is fantastic. It runs smoothly, has every feature I need, and never lags. Whether I want to trade, deposit, stake, or check charts, it’s all just a few taps away. I use it daily, and I’ve never had an issue.
To sum it up: Binance feels like a secure, efficient, and complete crypto platform. The strong support system, advanced tools, low fees, and high usability make it my go-to exchange.
My Binance Review – What I Don’t Like
Even though I truly enjoy using Binance, it’s not perfect. There are a couple of things that still bother me — especially as someone from outside the dollar zone.
The main issue I’ve had is with fiat deposits. Binance doesn’t support my local currency. This means I can’t deposit funds directly from my bank account without converting first. It’s not a deal-breaker, but it adds an extra step. I’ve learned to quickly exchange currencies using services like Revolut or Wise. It works, but I wish Binance supported more local options.
Another thing that concerns me is Binance’s tightening of services in Europe. I’ve noticed they’ve started limiting certain features due to regulations. While I understand they have to follow the law, this can be frustrating. Sometimes features disappear or become restricted overnight. It’s not a good feeling, especially when you rely on them for daily use.
Overall, these downsides don’t ruin the experience. But I believe it’s important to point them out. I still use Binance every day and in my opinion it’s the best crypto exchange out there.
Other Users Opinions and Reviews
While my own experience with Binance has been mostly positive, I wanted to know what other users think. So I looked into reviews on trusted external platforms. The results were... mixed. And here’s why.
Let’s start with Trustpilot. Binance has a TrustScore of 1.5 out of 5 based on over 5,200 reviews. That looks alarming at first. But after reading many of the one-star comments, I noticed a pattern. Most complaints came from users who misunderstood how the platform works, lost access due to forgotten passwords, or violated Binance’s terms. Many failed to secure their accounts properly. These issues often aren't Binance’s fault.
Next, I checked Capterra, a site known for verified software reviews. Here, Binance scored 4.4 out of 5 from over 200 reviews. That’s a huge difference. Users praised the platform for its wide range of features, fast execution, and great mobile app. This matches my own experience.
Google Play reviews tell a similar story. Binance has over 3 million reviews, with an average score of 4.5 stars. That’s incredibly strong for such a complex financial app. Most users love the trading experience and smooth performance. Any negative comments are often about specific regions or regulations.
Then I checked the Apple App Store. Binance is currently #25 in the Finance category with a rating of 4.8 out of 5, based on almost 10,000 ratings. The app is highly praised for its intuitive design, strong features, and speed. This confirms the consistent performance across different devices.
What’s clear is this: people who take time to understand Binance tend to rate it highly. Most low ratings come from confusion, not actual flaws in the platform. I think it’s unfair to judge Binance purely on one site like Trustpilot without seeing the bigger picture.
So, based on all these sources, I believe Binance remains one of the most trusted and powerful platforms — especially if you use it responsibly and take time to learn its features.
Binance Review: Final Thoughts
Binance isn’t just another crypto exchange. For me, it became the platform I trust the most. It’s fast, packed with features, and keeps improving every year. Sure, it has a few weak spots, especially when it comes to fiat support. But overall, it’s a top-tier choice for both beginners and experienced users. If you’re ready to start, sign up with this link and enjoy a lifetime 20% discount on trading fees:
https://www.binance.com/join?ref=Z431HAIY
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