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3 Karma

Review on Binance by Jim Green

Revainrating 4 out of 5

Binance is the best centralized exchange right now

I have been using the binance exchange since 2017. I remember that period of time when the exchange was just starting to develop and there was very limited functionality. At that time, it was possible to withdraw tokens without verification. It was a great time. I want to note that in just 1 year, Binance has become one of the largest crypto exchanges in the world.

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img 1 attached to Binance review by Jim Green

And then its weight in this market only increased. Margin trading appeared, various tools were added that facilitated trading. I also want to note that the exchange has redesigned the site several times - these have had a positive impact on user interaction with the exchange.

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img 2 attached to Binance review by Jim Green

Recently, an update to their app came out on iOS, which for me personally became very inconvenient and little informative.

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img 3 attached to Binance review by Jim Green

TradingView charts are gone and you can no longer add a list of favorite tokens without log in. It is not convenient and not very informative. If the developers read my review, please pay attention and return everything as it was before.

I want to add, that due to various updates in the security policy, my verified account was transferred to the status of re-verification. Why do this, I do not understand, I again had to go through all over again and wait for confirmation.

Pros
  • The largest crypto exchange in the world
  • No withdrawal issues
  • Lots of trading tools
Cons
  • The app on iOS has become not informative

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