# Binance Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is Binance the right Cryptocurrency Wallets solution for you? Explore 220 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/252490/Binance/reviews --- Binance 4.4 (220) [View alternatives](https://www.capterra.com/p/252490/Binance/alternatives/) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 13th, 2026 # Reviews of Binance Ease of use 4.2 Customer Service 3.8 ## Pros and Cons in Reviews RF Rana F ConsultantEducation Management, 51 - 200 employeesUsed the software for: More than 2 years. “I like the fact that you can buy and sell quickly,place many orders wisely with the staking and the limits option to reduce your loss what allows you to make some passive income. And it has relatively low trading fees what makes it easier to trade.“ November 8, 2024 Shivnaught R SupervisorAccounting, Self-employedUsed the software for: More than 2 years. “Binance’s verification and appeals process is intentionally obstructive and places users at risk of losing their funds. If this is how smaller cases are handled, I cannot in good conscience recommend Binance to anyone.“ December 8, 2025 TJ Tonderai J C.E.OFinancial Services, 11 - 50 employeesUsed the software for: Less than 6 months. “Binance offers a wide range of cryptocurrencies for trading, low fees, advanced trading features, and strong security measures“ May 20, 2024 TJ Tonderai J C.E.OFinancial Services, 11 - 50 employeesUsed the software for: Less than 6 months. “Some potential drawbacks of using Binance include regulatory uncertainty in some regions, occasional system outages during high trading volumes, and concerns about centralized exchanges' custody of funds.“ May 20, 2024 NB Nenad B YoutuberOnline Media, Self-employedUsed the software for: More than 2 years. “I also used it leverage trading on different altcoins, it is simple to track your wins and losses, interface is best one out there.“ March 4, 2025 AP Ashwin P Finance PlannerAccounting, Self-employedUsed the software for: Less than 6 months. “They replied that he has created issue ticket and Internal team is reviewing your issue, while asking how much time it may take then they answer that there is no TIME LIMIT, I seen that cust service and their staff don't care for CUSTOMERS AND THEIR FUNDS .THEY“ June 5, 2024 John O StudentEducation Management, 1,001 - 5,000 employeesUsed the software for: More than 2 years. “Binance is easy to use and it has a user friendly interface that makes it easy to deposit and withdraw funds and also transfer to other wallets.“ February 20, 2026 KP Kirit P Head ITComputer & Network Security, Self-employedUsed the software for: Less than 6 months. “I’ve encountered fraud, where buyers or sellers have scammed me, and the platform offers little to no support in resolving these issues. Despite following all the correct procedures, I’ve lost funds due to fraudulent transactions, and Binance's customer service has been slow to respond or offer any meaningful help.“ December 17, 2024 ## Showing most helpful reviews Showing 1-25 of 220 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use Meloney B. Owner Consumer Electronics Used the software for: 2+ years ### "User friendly to the max" July 21, 2025 5.0 Great! Overall, the experience was really easy, from sign up to verification to purchases it was all pretty simple. Pros Its easy to use interface as well as its user friendliness especially for those who dont really know what they're doing. Cons I really didnt have anything I didnt dislike when using the app, however, I think their prices could be a little lower. Switched from [Crypto.com](https://www.capterra.com/p/255186/Cryptocom/) Because crypto.com still has some of my btc that i cant get off of there because they lock my account everytime i try. Review Source VR Verified Reviewer Student Education Management Used the software for: 2+ years ### "Ease of use" February 20, 2026 4.0 Pros Binance is easy to use and it has a user friendly interface that makes it easy to deposit and withdraw funds and also transfer to other wallets. Cons there was this time that my KYC verification failed and I had to wait for 24 hours so as withdraw my funds. Switched from [OKX](https://www.capterra.com/p/275379/OKX/) I was scammed twice while buying crypto for my friend and it died cost me. Review Source Shivnaught R. Supervisor Accounting Used the software for: 2+ years ### "Modern day theives. " December 8, 2025 1.0 I transferred 2,995 USDT from Binance to Newton, not realizing that Newton does not support USDT deposits — only USDC. Newton automatically rejected the transaction and returned the funds to Binance. Newton resolved their part in under 48 hours. Binance, however, has refused to release the returned funds. Case ID: #152070268 For 35 days, I have been trapped in an endless verification loop. I have already submitted over 20 verification videos, each one recorded exactly as instructed by Binance support. Several support agents even confirmed that my video was correct — yet hours later, the system rejected the same video and demanded another one. Contradictory Instructions The situation escalated when Binance sent this message: “Dear user, the current ID that you used is cancelled, please record the same video using a new ID. Do not change anything else in the video.” So I followed the instructions and re-recorded the entire video from scratch using a new ID, without changing anything else. But after submitting it, the appeal team responded with completely different and contradictory requirements: “Dear user, the video is quite complete but please also take note of the following: – Show the same ID document you registered with Binance with. – Show full conversations with the Newton platform from the start. – Provide the TXID from Binance to Newton and from Newton to Binance. Please record the same video again following these steps. Due to current requirements and submission limits, if your next video does not meet the requirement, the appeal will be canceled.” This is structurally impossible: One Binance agent required me to use a new ID only Another demanded I use the same ID I originally registered with Both insisted the video be recorded “exactly the same,” while giving opposite requirements Additionally, I was instructed to create a multi-minute video showing: Government ID Emails and support history Screenshots Wallet address details Full conversation history with Newton TXIDs for the outgoing and returned transfers A complete explanation of the incident …while keeping the video under 100 MB AND maintaining “high quality.” This is physically impossible. The video already contains everything Binance asked for. The requirements contradict each other by design. A Pattern of Obstruction This can no longer be dismissed as normal verification. It resembles a system engineered to delay refunds until users give up: 35 days of delays 20+ videos submitted Conflicting and impossible instructions Videos approved by agents, then rejected automatically Threats that the appeal will be canceled No transparency or explanation Funds already returned by Newton, but still withheld by Binance All required evidence has been submitted multiple times. Newton has confirmed the return. Binance is simply refusing to release the funds. Conclusion Based on all evidence and my personal experience: Binance’s verification and appeals process is intentionally obstructive and places users at risk of losing their funds. If this is how smaller cases are handled, I cannot in good conscience recommend Binance to anyone. “Thieves in Disguise” feels like the most accurate description of how this case has been managed. There is no valid reason for Binance to continue withholding the 2,995 USDT that rightfully belongs to the customer. At this point, someone from the team may respond with the standard scripted line — “We are looking into it.” But after more than a month of contradictions and delays, that response is meaningless. Frankly, this level of obstruction makes it clear that a class action lawsuit is overdue. Release the funds. Pros I used to love that Binance is trustworthy system that is fair and just and wont defraud users of their asset. Cons I don't like the idea that biannce is not available all over the world. I thought i was a good platform and should be available for everyone. I guess this is a work in progress. Review Source TM Tholang M. Manager Financial Services Used the software for: 2+ years ### "Binance is the future" June 28, 2025 5.0 It has been very good. I have never struggled trading or even withdrawing my funds. Everything ive done has always been smooth. Pros The security and safety of investments is probably the best. I love the fact that before withdrawals, I'll need 2 confirmations from email and phone number or 2FA and email. It helps just incase someone gets access to one of them Cons There are no good bonuses from my country compared to other countries. It shows that we are not the target market and not really as important as other countries Switched from [Coinbase](https://www.capterra.com/p/233816/Coinbase-Wallet/) I couldn't withdraw my funds from coinbase It always needed me to transfer funds to other wallets before i can withdraw Review Source RF Rana F. Consultant Education Management Used the software for: 2+ years ### "The most trustful cryptocurrency exchange platform" November 8, 2024 4.0 It s a good experience in general with the wide range of cryptos that this platform offers, the low trading fees and its strong security measures Pros I like the fact that you can buy and sell quickly,place many orders wisely with the staking and the limits option to reduce your loss what allows you to make some passive income.And it has relatively low trading fees what makes it easier to trade. Cons The complexity of the platform! It actually took me a lot of time at first to understand all the features and how to trade...Now after years of trading on Binance it s easier for me but for sure it s overwhelming for beginners Switched from [FOREXTrader](https://www.capterra.com/p/79289/FOREXTrader/) It's more complicated than binance and forex market is more focused on traditionnal fiat currencies Review Source MF MOHAMME F. Cryptocurrency trader Capital Markets Used the software for: 2+ years ### "Pinas stay " April 30, 2025 5.0 Pinas is the number one wallet in the world and it deserves it. Safety, trust, and security of your money are safe with Pinas. Therefore, Pinas is number one. This is about my personal experience with Pinas. Pros Safety and trust in dealing with customers and the best customer service in Pinas Cons From my personal experience, I have been a member of Binance for 3 years and I work in trading. There are no negatives. Review Source JC John C. Graphic designer Graphic Design Used the software for: 1-2 years ### "Binance the great crypto app" January 16, 2026 5.0 Binance is a very good and secured cryptocurrency exchange. It has a very good conversion rate than other exchanges. I like using binance for trading my cryptocurrencies. Pros \- I like its simple withdrawal methods - It has a very low transaction fees - It is very smooth for trading - It is very secure as crypto wallet - It possesses great exchange - It is easy to use - It is very affordable Cons \- I don’t like its too much of bugs - It sometimes has network problems - Their customer support team is always slow to respond Review Source MA Moath A. Operations Manager Construction Used the software for: 2+ years ### "Easy platform to purchase crypto for use in my business." July 10, 2025 5.0 Helped us to investigate crypto transactions: during international baking delays. Provided us with more flexibility in terms of our international partners who handle logistics. Pros It is so easy to buy and send cryptocurrencies with Binance, fine. Its fees are low, and its platform is fast. Cons There is the issue of the time it takes for verification and their customer support isn’t as reliable as you might need it to be, especially on a deadline. Review Source Thomas M. Property practitioner Commercial Real Estate Used the software for: 1-2 years ### "List Pi 🚀🚀🚀🚀🚀" March 3, 2025 1.0 Very happy.Binance can do so much for Pi price. Pros Fantastic exchange. Bigest exchange in the world Cons Not listing Pi yet. I feel Binance must listen Review Source Lokesh J. Research Consultant Financial Services Used the software for: 1-2 years ### "Best exchange with a low fee" July 5, 2025 5.0 Pros The best thing I like about binance is their low trading fees, and orders execute quickly due to their high liquidity and volume. Cons It is not beginner-friendly. You will be very confused if you are a first time user due to its complex UI. Costumer support could have been better. Review Source LA LISSETTE A. Junior Transla Translation and Localization Used the software for: 2+ years ### "My review about Binance " January 5, 2025 5.0 So far good and useful when I need to do a fast transaction Pros Fast and easy cryptocurrency transactions Cons be aware of scammers on the p2p exchanges Review Source SA Shan A. Deputy manager Retail Used the software for: 2+ years ### "Great service and best exchange " May 28, 2024 5.0 Pros Very easy to use and friendly for beginners user, I started with Binance lite in 2021 and gradually understand their features now i am easily understand pro features & get benefit for this applications. Cons There is so many things I personally like about Binance I want to share some here. I had experience somebody tried to hacked my Binance account so I contacted with support team and they helped me spend almost hour to understand issues and sort it same time I know it took a while to unfreeze my account but that’s good for my asset and security reason because they checked everything and result I am able to use my account again and my asset secured. another thing they generate report every year which shows your activity and profit and losses in trades Review Source APC Ana Paula C. Financeiro Accounting Used the software for: 1-2 years ### "Very easy to use and buy and sell currencies!" July 20, 2024 5.0 I really like it because it's a safe bank, I can buy and sell easily Pros A safe and practical place for financial control in the crypto world Cons If you don't log in for a long time, the app disconnects and you have to do it again. Review Source WV Will V. Photographer Photography Used the software for: 1-2 years ### "Binance is still my go to for Crypto buying and selling" June 1, 2023 5.0 I've used many different platforms and exchanges and by far this exchange is my favorite. They have never given me any reason not to trust them with my money and it has been easy to use for what I need it for. Pros I love the low fees when it comes to buying and selling different cryptos. You can link your bank account to it and quickly transfer in however much money and start trading within minutes. So if you need to buy some Avax and transfer to that chain, just deposit some money, purchase the coin, then transfer out. (after 10 days) Cons I dislike that they make you wait 10 days to transfer out the token or coin. There should be an algorithm or something that shows you transferred in from your bank account 100x and each time it went through. If you wanted to buy a small amount of a currency, they should let you transfer out that day if needed. Review Source RH Rajnish H. Management Intern Civil Engineering Used the software for: 1-2 years ### "Best platform for professional cryptocurrency traders" November 7, 2022 5.0 My overall experience with Binance is above average. Pros The best thing about Binance is that it has a lot of features. Apart from spot trading, it allows futures trading, options trading, etc which is useful for many professionals in crypto. The security of Binance is top notch as we need atleast two different types of OTPs to login to our account. Buying of crypto can be easily done through credit or debit cards. If the cards are not supported, then one can buy using P2P mode, which is quite secure. Also transfer of crypto coins can be done easily and conveniently without confusion. Another good thing about Binance is that one can track his/her Return on Investment(ROI) in different time frames. Cons The only thing I disliked about Binance is that the android app lags sometimes due to which I had to incur loss a few times. Review Source JM Joseph M. Customer Service Banking Used the software for: 2+ years ### "Best crypto wallet you will ever use" December 16, 2022 5.0 Binance solved the problem of security and hacking my wallet, it has 100% security and said this more than 4 times and pressing on this point specially more than anything else Pros Binance is the most secured wallet I've ever used (100% secured) Cons the interface of the desktop version may be a little more complicated than the app version Alternatives considered [Trust Wallet](https://www.capterra.com/p/233862/Trust-Wallet/) Reason for choosing Binance as it's 100% secured Switched from [Trust Wallet](https://www.capterra.com/p/233862/Trust-Wallet/) because FTX hacked very easily a month ago. Review Source VR Verified Reviewer Content writer Writing and Editing Used the software for: 2+ years ### "Binance is going to take over and dominate" July 22, 2022 5.0 It's been fantastic, being using it for more than 2 years and the experience has being great. Pros The first thing I absolutely love about binance is their P2P feature, they made it easy for we that have cryptocurrency banned in our counties to effortlessly transact and make money. They've also put a lot of effective and fantastic measures in place to make sure no 1 gets scammed, like making sure sellers can't cancel unless the buyer cancels so as to avoid buyers getting scammed and also when it comes to disputes, the binance team are quick to interfere and solve issues. Cons I feel the Binance team manipulate their app sometimes, like making some users unable to place an order to take a promising trade, other than that I don't dislike anything, they infact have everything I need to trade my crypto. Review Source AN Anouar N. Marketing Online in Youtube All Social Media. E-Learning Used the software for: 2+ years ### "Platform No. 1 in the world specializing in the field of cryptocurrency of high quality." April 23, 2023 5.0 My experience is excellent, but the field of digital currencies is a high-risk field. You must learn a field with your money. It should not be greedy from the best work in Spot as a beginnerLearn technical analysis and technical analysisThe field of digital currencies requires patience and not rushing, the field of digital currencies is like the sea, there is a lot of information. Pros A specialized cryptocurrency platform that includes millions of users and a high-quality service platform witnessed by Nass who works in the field of digital currencies and uses the Binance platform. A respected company with its services and has branches in several countries of the world. The \[sensitive content hidden\] of the platform is an expert in marketing, money and business. Binance services are of high quality and low fees. GoodAn intelligent person who works with billions of dollars I'm talking about the \[sensitive content hidden\] of Binance. Cons There are no negatives, an excellent company with an experience that is always updated, new and developing. Review Source Shola O. Internship Financial Services Used the software for: 2+ years ### "Binance review by Shola Omotosho " December 19, 2023 5.0 I bought my first car through binance features. So that’s the summary. Pros I can buy and trade Bitcoin with other coins Cons My money usually get liquidated at binance features. Review Source Geoffrey L. Project Manager Automotive Used the software for: 2+ years ### " Tool to maintain my digital currency wallet" October 30, 2022 5.0 Over time you get good benefits from using Binance because you can easily manage and transact any type of digital currency which is fascinating and high quality. Pros What I like about using the Binance application is that I can carry out transactions at any time in a fast, safe, reliable and efficient way due to the quality of its stable services; I also like the design it has because it is attractive and maintains an attractive appearance. Nice Cons This Binance application is of high quality and fully complies with its services, which I have nothing bad to mention because it is reliable at all times Review Source KT Karis T. Assistant Human Resources Officer Human Resources Used the software for: 2+ years ### "Binance The platform for the Future" October 11, 2023 5.0 A wonderful experience with Binance. It made me live the best moments of my life. I used it to withdraw my profits and top up my bank card balance with ease, with its availability of many electronic currencies and the ease of sending, receiving and transferring. Thank you, keep it up. Pros What I liked about this platform is its connection with many other large and reliable platforms with the possibility of trading and storage. Cons Everything is perfect about it, but perhaps the application looks like on Android Review Source UA Ugochukwu A. Sureforstore.com Banking Used the software for: 2+ years ### "Apex Binance " October 6, 2023 5.0 Pros I natural love the apps because it makes me understand crypto currency world very well Cons Nothing because the apps is good to go,. Review Source Zitouni E. agent logistique Automotive Used the software for: 2+ years ### "big profit with binance" October 29, 2022 5.0 Transformation of a material level and a large financial profit Pros Providing freedom in investment and various types of investments, and the confidentiality of information is very important Cons Returns after people have exchanged currencies Review Source EL Eduardo L. Engineer Information Technology and Services Used the software for: 2+ years ### "The best exchange in the world to store your cryptocurrencies" August 16, 2022 5.0 It is one of my favorite exchanges to invest and where I can trust to protect my money. I have made good profits from Binance by investing. Pros You can earn in different ways with the different tools that Binance offers you, plus you have many options to buy cryptocurrencies and with low commissions. You can rest assured that your money is safe and while it is saved you can earn passive income with the different products that Binance offers you. This is the present and the future to move capital from one place to another. Cons If I can say something that Binance lacks, it is that it could add more cryptocurrencies or more projects with a great projection.Another suggestion is that the P2P market needs to be regularized by people who are not really honest. Put a little more attention on this Binance. Review Source fE ful E. Content creator Accounting Used the software for: 2+ years ### "Binance review " May 6, 2023 5.0 I use to receive payments from international clients as a freelancer. I equally sell cryptocurrencies Pros It is easy to use and the features are very understandable Cons Sometimes transferring your cryptocurrencies to USDT is very slow Review Source Similar Products Featured ## Related categories [Cryptocurrency Exchange](https://www.capterra.com/cryptocurrency-exchange-software/)[Cryptocurrency Wallets](https://www.capterra.com/cryptocurrency-wallets-software/)