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1 Level
7 Review
3 Karma

Review on Binance by Chris McDavid

Revainrating 3 out of 5

Binance

I like Binance. I used to trust it. I'm a little bit frustrated about the fact that it was recently hacked. Binance interface is quite comfortable and intuitive. The fees are 0.1% which is great in my opinion. The security measures are rather standard. The support team is slow at times — probably that's because the exchange is really huge. Too many requests. Binance is crypto-to-crypto exchange. So there's no way to deposit fiat money.



Pros
  • High liquidity
  • Many coins
  • Good reputation
  • Nice UI
  • Low fees
Cons
  • The security is doubtful
  • Slow support

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