Neutral Binance reviews
Summary:
Binance is rated with 5 stars on a scale of 1-5. That is the result of 8 experience reports. The average rating of Exchanges on Crypto Review is 4 stars. All Exchanges reviews are currently composed of 12 experience reports. We have also put together Binance alternatives for you.
Submit experience report
We look forward to an honest and authentic report.
Binance Review #1
When talking about crypto exchanges, Binance should of course not be missing. If I'm not mistaken, this is the largest platform for trading cryptos, but definitely for altcoins.
How did I find out about the provider?
A funny story. I was looking for a platform where I can buy Tron because you don't get it on so many exchanges or I didn't know them. So I went looking for Tron and found Binance.
What expectations did I have of the provider and were they met?
My goal was buying Tron and other Altcoines that are difficult to get. The whole thing as simple as possible. But it is not that easy, because due to a jumping IP address, I had to constantly verify myself with email, which was extremely annoying. Using the Google Authenticator solved the problem.
What did I particularly like?
The amount of altcoines. Furthermore, it is extremely great to have a website where you don't need a KYC. If you exchange crypto for crypto, this is currently not required.
In addition, the fee model is very fair. I paid 10 TRX fee for a purchase of 1000 TRX. That's really OK.
What do I not like?
The app is too confusing for me personally. You are overwhelmed by information and you have to really get into it. I still have problems finding my way.
I also always have a bad feeling about Binance. The size of Binance means they can theoretically do anything they want. That could become problematic at some point. However, this reduces the risk of an exit scam.
Would I recommend the provider to a friend? If yes / no, why?
Despite everything, I would recommend Binance. The huge amount of Altcoines, the large trading volumes simply ensure that you can shop comfortably.
Conclusion: would I use the provider again? If yes / no, why?
Yes, definitely. However, I will continue to handle it in such a way that I do not leave any coins with Binance.