| Cryptocurrency exchange | |
|---|---|
| Official website | |
| Social network | |
| Date of foundation | 2017 |
| Head Office | Melita Court, Level 3, Triq Giuseppe Cali, Ta’Xbiex XBX 1420, Malta |
| Types of support | Feedback form on the siteHelp CenterForumChatVkontakteFacebookTwitterTelegramRedditInstagram |
| Phone Support | |
| Languages | English, French, Spanish, Italian, German, Portuguese, Ukrainian, Korean, Polish, Turkish, Chinese, Indonesian, 33 languages in total |
| Founder | Changpen Zhao |
| Company owner | Changpen Zhao and Yi He |
| Manager | Changpen Zhao |
| Minimum deposit amount | Verified No limits Unverified No limits |
| Maximum input amount | Verified No limits Unverified No limits |
| Minimum withdrawal amount | Verified No limits Unverified Cryptocurrency No limits Fiat Currency Unavailable |
| Maximum withdrawal amount | Verified No limits Unverified Cryptocurrency No limits Fiat Currency Unavailable |
| Exchange Commission | Withdrawal fee: 0.06 BTC / For users who have passed basic verification Spotlight: From 0.02 to 0.1 % for maker / From 0.04 to 0.1 % for taker Futures: Until 0.02 % for maker / Until 0.04 % for taker Mining: There's |
| Terminals | Author's platform (for beginners), TradingView (for professional traders: indicators, graphic elements, depth charts, etc.), Binance JEX (for trading cryptocurrency options and futures), Binance OTC (for professionals with large deposits) |
| Age restrictions | From 18 years |
| Trading volume per day | 56202196916 USD |
| Number of users | 37000000+The number of users is increasing |
| Number of cryptocurrencies | 600+The number of cryptocurrencies may change |
| Margin trading | Yes |
| Leverage | Until 1:125Depends on the pair traded and the type of margin |
| Tokenized assets | There's |
| Free demo account | For futures only Open a demo account |
| Types of accounts | Demo, Standard |
| Order execution | Market Execution (at market price), Limit Orders |
| Methods of replenishment | Bank card (Visa/MC), Advcash, Payeer, Cryptocurrencies |
| Withdrawal methods | Advcash, Payeer, Cryptocurrencies |
| Account Currencies | EUR, NGN, UAH, TRY, AUD, BRL, GBP, GHS, HKD, KES, KZT, MXN, NOK, PEN, UGX, VND, ZAR, Cryptocurrencies |
| Types of cryptocurrencies | Bitcoin, BNB, Ethereum, Litecoin, USDT, ADA, XMR, BAND, BUSD, Waves, XRP, et al. |
| Mobile apps | |
| Trader training | Binance Academy, Ask Academy, reference materials, training videos, dictionary, etc. |
| A way to store cryptocurrencies | Cold: yes Hot: no |
| Fiat accounts | Yes |
| Scalping | Trade from 1 min. to 30 min. |
| Stop loss and take profit function | Yes |
| Possibility to exchange for fiat currencies | Yes |
| Trading Strategies | All strategies for trading in the cryptocurrency markets are allowed |
| Additional features | Free coins from the exchange for activity |
| Crypto loans | You can get a loan secured by crypto assets. Guaranteed approval |
| Binance Pool | A separate platform to increase the income of miners |
| Binance Liquid Swap | Additional earnings from placing tokens in the liquidity pool on the platform |
| Traditional options | Profits from options trading on the handy Binance Vanilla platform |
| P2P trading | Direct trade in cryptocurrencies between users without the participation of a cryptocurrency exchange |
| Futures trading | Derivatives trading in a special account |
| Binance Lending | Ability to receive a stable passive income from unused cryptocurrency assets |
| Double deposits | Passive income from investing in two assets at once |
| Steaking | Passive profit from holding coins on the balance of the exchange |
| BNB Vault | Active participation in exchange projects for a fee |
| Binance Fiat Gateway | Convenient service for buying or selling cryptocurrency for fiat money |
| Binance Dex | Decentralized exchange based on the Binance Chain blockchain |
| Binance Card Debit Card | Convenient card will allow you to pay in stores with cryptocurrencies offline and online |
| Basic verification | Yes |
| Advanced AML verification | KYC: Passport or driver's license. Photo with document (selfies). Proof of address (bank statement, utility bill, etc.) |
| Laws regulating activities | Registration as a Digital Asset Service Provider (DASP) in France Digital Asset Service Provider (DASP) registration in Italy Virtual Asset Services Provider by the Bank of Spain Virtual Asset Service Provider (VASP) registration in Poland Registration as a Financial Institution for management and trading in virtual currency in Sweden License by the Astana Financial Services Authority (AFSA) Category 4 license as a Crypto-Asset Service Provider (CASP) in Bahrain Virtual Asset Service Provider (VASP) MVP license in Dubai Digital Currency Exchange (DCE) registration in Australia |
| API | Read moreA simple and effective way to integrate the client's trading application into the exchange platform |
| Bonuses | |
| Affiliate Program | RegistrationUp to 40% of the commission amount |
| Advantages | Favorable conditions for cooperation with the exchange, its reliability A large number of supported currencies One of the largest trading volumes on the market A large number of training materials, including those for beginners Profitable affiliate program Additional earnings on the banding and stacking of cryptocurrencies Binance's handy Visa card for cryptocurrency purchases around the world Fiat Gateway 24x7 support service Ongoing development of the exchange |
| Company requisites | Legal name: Binance Legal address: Melita Court, Level 3, Triq Giuseppe Cali, Ta’Xbiex XBX 1420, Malta |
| Overall assessment | 8.6/10 |
| Date of update | September 13, 2024 |
Binance is this a scam? Review and Customers Reviews
Contents
Cryptocurrency exchange Binance, established in 2017, has emerged as a prominent platform for digital asset trading. It currently ranks among the top 5 cryptocurrencies in terms of average daily trading volume, showcasing its success and market activity.
However, questions arise regarding its legitimacy and safety. Is Binance a scam, fraudulent, or dubious resource? Or is it a secure platform ensuring stable cryptocurrency trading, substantial income, and instantaneous transactions? Let’s delve into these inquiries in today’s review.
Discount 20% on commissions (code will be automatically substituted: K30MTGC4) (Get)Discount 10% on commissions (code will be substituted automatically: U5XKKLJY7) (Get)A mystery box costing up to $500 (Open)
Why Binance?
Binance is as much popular exchange as EXMO, Paxful, CEX.IO and ByBit. It is a young but promising platform, this is due to the fact that a strong team of developers participated in the creation of the resource. The ICO-project of the exchange attracted the attention of a large number of crypto-enthusiasts and blockchain-evangelists (for example, Matt Roszak and Roger Ver), allowed to raise about $15 million, to get the support of major organizations: “Morgan Stanley, Nomura, SBI Group, etc. The company is headquartered in Shanghai and headed by Changpeng Zhao, who previously worked on the development of such platforms as OKCoin and Blockchain.info, and was the head of Bloomberg’s technical department.
Low commissions, high performance, the ability to work with professional trading tools for advanced technical market analysis, no mandatory verification if the user withdraws no more than 2 BTC per day, the ability to withdraw up to 100 BTC/day if verified, a convenient mobile version of the terminal (Android, iOS) – all this distinguishes binance official website from competing resources, all this allowed him to break far ahead.
The platform is also distinguished by the market’s low trading fees (0.1%) and instantaneous transaction processing (due to an innovative technology about 1.4 million orders are processed per second). Customers of binance (official website here) offers a large number of cryptocurrencies (the whole truth about cryptocurrency here), GAS/BTC, NEO/BTC, ETH/BTC and BNB/BTC pairs are especially popular, and there is a cryptocurrency wallet for each currency. Some investors prefer to work at binance.com, as they find rare coins which are absent at other crypto-exchanges (for example, Bicoin Gold, IOTA, Walton Coin). The site also has its own digital currency, BNB (Binance Coin), issued to raise capital through ICOs. Its owners receive additional discounts and bonuses, thanks to the coin you can reduce the amount of commission from 0.1% to 0.05%.
The user does not need registration to work with the exchange as a source of information on markets, but it is necessary to create an account to make transactions. The official website of the Binance exchange supports popular languages (English, Chinese, Japanese, Korean, Spanish, French), which makes it much more convenient to be here.
It publishes up-to-date market news, has drawings and an opportunity to buy free currencies. All trading is done in the “Trade Center” tab: trader’s choice of currency pairs, charts, orders stack, stop-losses, order panel, currency pairs trading statistics, 2 types of trading terminals: basic and advanced. Advanced trading terminal is more convenient for professional investors because it has a set of trading tools, indicators, types of charts which allows to carry out qualitative technical analysis.
How to Exchange Cryptocurrency on the Binance Platform?
To make a trading operation, click on the “Exchange” button on the Binance exchange website, select the appropriate mode of operation and go directly to the exchange site. Before you start trading, you need to choose a trading pair. Several types of coins are available:
- Binancecoin (BNB);
- Bitcoin (BTC);
- Ethereum (ETH);
- Riple (XRP);
- Cryptocurrencies tied to the U.S. dollar (USDT, USDC, TUSD, PAX).
After selecting the market and currency pair, the client will see detailed data about quotations, the price chart, as well as other important information. For beginners, it is better to use a Market order, because orders of this type are executed immediately after their creation at the current price of the cryptocurrency. The exchange has two trading floors – Basic and Advanced.
Verification on binance.com
To access all the functionality of the project, you must pass the verification process on binance.com. Identity verification is needed to expand withdrawal limit, as well as to be able to buy cryptocurrency for fiat. Without verification, the limit is up to 0.06 BTC, and after passing – up to 100 BTC. A higher limit can be obtained after an individual agreement with the exchange. It is impossible to withdraw fiat without verification.
To verify your account, go to your profile and fill in personal information: first name, last name, patronymic, date of birth, and place of residence. After this step, you should select one of the documents that can confirm your identity (passport, driver’s license or ID card). You can upload either a photo or a color scan of the document. The user also needs to take a picture of his or her face. Document requirements:
- high-resolution image,
- natural light or well-distributed artificial lighting,
- JPEG or PNG format;
- photo must be in color,
- document must be an original, not a copy,
- only one person in the picture is allowed,
- do not wear glasses or a hat.
The application is processed within 1-3 days. If rejected, you can try again after 24 hours.
Deposit and Withdrawal
Cryptocurrency exchange Binance supports both fiat money and cryptocurrency (how do you make money on cryptocurrency here). Traders recommend using the English version of the website, you have to spend time to understand the features and functionality of the resource. To deposit with cryptocurrency, you need to hover your mouse cursor over the “Asset” tab, select the menu item “Cash Deposit” (there are deposit/withdrawal items), you can deposit with any cryptocurrency of your choice. There are no deposit fees, withdrawal fees are some of the lowest in the market, which has contributed to the rapid growth of the site’s popularity.
Cryptoexchange Commission
The Binance platform has a trading commission of 0.1%. Discounts are provided for BNB token holders. Thus, clients receive a certain rating. The higher the position, the lower the commission charged by the service. A total of 9 levels are provided:
- Level 0 – commission 0.1% (maker) and 0.1% (taker);
- Level 1 – commission 0.09% (maker) and 0.1% (taker);
- Level 2 – commission 0.08% (maker) and 0.1% (taker);
- Level 3 – commission 0.07% (maker) and 0.1% (taker);
- Level 4 – commission 0.07% (maker) and 0.09% (taker);
- Level 5 – commission 0.06% (maker) and 0.08% (taker);
- Level 6 – commission 0.05% (maker) and 0.07% (taker);
- Level 7 – commission 0.04% (maker) and 0.06% (taker);
- Level 8 – commission 0.03% (maker) and 0.05% (taker);
- Level 9 – commission of 0.02% (maker) and 0.04% (taker).
How do I get a discount on commissions?
You can get a 20% discount on binance.com cryptocurrency exchange commissions. When you click the link, the promo code will be inserted automatically.
- 20% discount on commissions (code will be inserted automatically: K30MTGC4) – Get
Withdrawal Fees
The service also charges an additional fee for the withdrawal of earnings. For users who passed the basic verification, the commission is 0.06 BTC. Previously, the commission exchange was 2 BTC. For users who were already in the system, the update occurred in stages from August 8 to August 23, 2021.
Bonuses Binance
The project offers a number of bonuses for users.
Discount on Commissions
You can get 20 or 10% discount on cryptocurrency exchange fees binance.com. When you click on the link a promo code will be inserted automatically.
Mystery Box under $500
To unlock a Mystery Box potentially worth up to $500 each, simply register, deposit funds, and start trading. With a total reward pool of $600,000, your quest begins now!
Bonus $10
In order to get the $10 bonus, a user needs to register on binance.com, trade at least 0.1 BTS or other cryptocurrency equivalent of 0.1 BTS and send the email address that was specified when registering on info-binance.com.
Cashback
In this case, a cashback is a portion of the refunded commission that is charged to users when they trade. To get a cashback, register on the exchange, make a deposit and start trading. Then send an email address to receive the bonus. VTS, ETN and BNB coins participate in the promotion.
Referral Program at binance.com
For active users who want to earn extra income, the platform offers to participate in the referral program. To do this, the client needs to invite new users to the project. The company pays up to 40% of commission. Also, it’s stated on binance.com that if the invitee’s average daily BNB balance is less than 500 BNB, his base referral rate will be reduced from 40% to 20%. At this time, the percentage allocated to the invited friend will have priority and his rate will remain unchanged.
Complaints about Binance
The cryptocurrency exchange Binance (Registration) is one of the leading cryptocurrency trading platforms. There is a large number of reviews and user recommendations about the resource. Among the advantages usually noted are: low commissions, large volume of transactions, user-friendly interface, a large selection of virtual coins (the whole truth about cryptocurrency here), including rare ones, high-quality support service, high performance and fast execution of orders, fast withdrawal of currencies, convenient mobile application, currency drawings. Active users recommend the exchange for work, considering it one of the best and most stable in the market.
As the disadvantages of the platform usually indicate the following: lack of support for fiat money (except mode p2p-commerce), information on the security of the resource, the problem of entering the site and blocking accounts. Users write that the platform is still very young, there are no complaints about it, it is developing dynamically, and you can’t call it a scam.
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Regulation of the Binance cryptocurrency exchange
Binance Limited, which owns the cryptocurrency exchange Binance, is legally registered in China and operates in accordance with the laws of that country. The organization does everything possible to ensure maximum security of work on the site.
Binance Exchange guarantees the confidentiality of user information, undertakes not to provide it to third parties, recommends, for security purposes, not to show anyone information about working on the exchange (logins, passwords, etc.). Clients of the site should be aware of the risks of trading and possible loss of funds, are responsible for all actions on the site, the company is not responsible for the loss of funds as a result of trading. In case of violation of the rules of the exchange, user accounts can be blocked. To provide a personalized service, the exchange site uses cookies, which customers can disable.
Regulators
Binance collaborates closely with regulators globally and holds the following regulatory licenses and registrations:
- Registration as a Digital Asset Service Provider (DASP) by the Autorité des Marchés Financiers (AMF) (registration number E2022-037) in France (check regulator).
- Digital Asset Service Provider (DASP) registration by the Organismo Agenti e Mediatori (OAM) (registration number PSV5) in Italy (check regulator).
- Virtual Asset Service Provider (VASP) registration by the Registry of Legal Entities of the Republic of Lithuania and the local Financial Intelligence Unit (FIU) (registration number 305595206) in Lithuania.
- Virtual Asset Services Provider by the Bank of Spain (registration number D661) in Spain (check regulator).
- Virtual Asset Service Provider (VASP) registration by the Polish Tax Administration Chamber of Poland in Katowice (registration number RDWW – 465) in Poland (check regulator).
- Registration as a Financial Institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority (registration number 66822) in Sweden (check regulator).
- License by the Astana Financial Services Authority (AFSA) to operate a digital asset platform and provide custody services in the Astana International Financial Centre (AIFC) in Kazakhstan (check regulator).
- Category 4 license as a Crypto-Asset Service Provider (CASP) by the Central Bank of Bahrain (check regulator).
- Virtual Asset Service Provider (VASP) MVP license by the Dubai Virtual Asset Regulatory Authority (VARA) in the UAE (check regulator).
- Digital Currency Exchange (DCE) provider registration by the Australian Transaction Reports and Analysis Centre (AUSTRAC) (registration number 100576141-001) in Australia.
Binance.com User Agreement
The “User Agreement” is the main document of the project, which each user should read before starting cooperation with the exchange. The agreement contains detailed information on all aspects of work on the platform, as well as the responsibilities of clients and organizers. Let’s consider some points of the agreement in more detail.
The document clearly states that the company reserves the right to change the terms of the agreement at any time at its discretion. Binance will notify you of these changes by updating the information on the appropriate page. Any changes to these terms and conditions will take effect immediately after they are announced on the website or posted to users. Thus, continued use of the services acts as acceptance of the amended agreement and rules. If the user does not agree with any changes of these terms and conditions, he/she must stop using the project services. The organizer recommends customers to periodically review the terms and conditions to make sure they are understood, which apply to the access to the services and their use:
The client must be aware of the fact that margin trading is very risky and accept the fact that he is accessing and using the margin trading and borrowing service at his own risk, as:
- trading markets are extremely volatile and change rapidly in terms of liquidity, market depth and trading dynamics.
- The use of leverage can work both for and against the client, resulting in large losses;
- the user is not entitled to receive bifurcated coins separated from any blockchain asset in a margin account, even if the customer has not participated in margin trading or borrowing at all;
- credit carries risks and the value of blockchain assets can fall. If the value of assets falls below a certain level, the user is responsible for responding to these market circumstances;
- it may be difficult or impossible to liquidate a position under certain market conditions. This may occur, for example, due to insufficient liquidity in the market or due to technical problems with Binance.
There is no guaranteed measure against losses in margin trading. As a borrower, a client can incur a total loss in excess of the amount he has deposited in his margin account:
The user must also accept the fact that he or she is using the platform on an “As Is” basis. In turn, the company makes no guarantees, including those that the company’s website or services are reliable, complete and error-free. The organizer does not guarantee that any order will be accepted and fulfilled. The organizer is not responsible for any loss or damage:
Binance is not a personal broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to customers in connection with any transactions or other decisions and actions made by a user while using the services. No communication or information provided by the company is intended or should be construed as investment, financial, trading advice or any other type of advice. All transactions are performed automatically based on the parameters of the order instructions and in accordance with published procedures for the execution of transactions, and it is solely the user’s responsibility to determine whether any investment, investment strategy or related transaction is appropriate. Binance will not be responsible for the decisions a customer makes to buy, sell or hold digital currency based on information provided by the organization:
Binance Support Service
Contact support by using one of the following options:
- phone: +356-272-83-333;
- feedback form;
- chat on the website.
The website also has a forum where each user can find answers to the most popular questions, as well as learn about the latest developments at the exchange.
Is Binance a Scam?
Binance surprises users by the fact that, although it was opened in recent years, it was able to break into the leaders in a short time, leaving behind the leading crypto-exchanges of the market. Now, it is considered one of the most successful cryptocurrency trading platforms. Much of the success should be attributed to the fact that professional developers participated in the creation of the resource, and at the stage of investment with the help of ico-campaign, the exchange was able not only to attract huge investments and the first audience of users, but also the support of cryptocurrency enthusiasts and large companies such as “Morgan Stanley”, “Nomura”, “SBI Group”, etc.
When choosing Binance, traders note its stability and perspective, low commissions and fast execution of orders. It is profitable to work on Binance, there is a large choice of digital coins, including rare ones, and deposits and withdrawals are fast. Moreover, the Binance website is convenient and user-friendly, supporting several languages, and making trading much more comfortable. A lot of useful material is posted here: relevant news, trading statistics, cryptocurrency drawings are published.
The official website offers advanced features: an intuitive interface, and a set of necessary options for effective trading (deals stack, orders, stop-losses, history of deals, etc.), 2 types of terminals (basic, light and professional, with a set of tools for advanced users). The functionality is convenient both for the market novice who is just learning the possibilities of trading and for those who need to conduct a high-quality technical analysis.
There are many comments about binance exchange on forums and related resources, and opinions are diverse. According to the participants of trading at the site, the advantages are: low commissions, fast execution of orders, the stability of the official website, a large selection of cryptocurrencies, rare coins, fast transactions, the availability of a functional terminal with convenient tools, mobile application, and etc. There are relatively few negative reviews, mostly they are about the lack of support for fiat money, information about how to ensure the security of trading, blocking accounts, and problems logging into the exchange. The majority of users notes that the resource works quite professionally and stably, does not have serious problems. It’s regarded as a promising website, not definitively labeled as a scam or fraudulent entity.
Based on our analysis of traders’ opinions, we can confidently assert that Binance Exchange is not a scam or associated with scammers. It currently holds top positions in the market and provides lucrative and effective cryptocurrency trading services. Furthermore, the support of major corporations and the continuous growth in its user base reinforce its credibility and legitimacy.
Conclusion
Binance cryptocurrency exchange very quickly became the leading crypto trading platform, leaving its competitors behind. The Binance website was able to take a strong leading position due to the successful ico-project, which attracted a large capital, and the support of large companies. The exchange is popular among users, first of all, because of low commissions, fast execution of orders, a simple trading terminal, a large choice of virtual coins, rare currencies. It is profitable to trade here, it is possible to store coins in cryptocurrencies, transactions are very fast.
The Binance website offers traders a lot of useful resources (current market events, currency drawings, transaction history, etc.). Traders positively estimate the site and recommend it for work. Having studied the possibilities of the crypto exchange, we will not draw conclusions that Binance is a scam and swindlers. But still, some clients recommendations warning about possible problems of the exchange will affect its rating on our website.
Reviews
- In ascending order of rating
- In descending order of rating
- New ones first
- First the old ones
- Popular ones first
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Feedback approved for publication Rate your review 000For many reasons
There are actually many reasons why I have been trading at Binance for more than three years, but the main ones are that it is convenient and profitable. There are commissions, depending on the volume and the specific crypto, but if you compare, it is below the market almost always, this is the first… Read more
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Feedback approved for publication Rate your review 000One of the best exchanges on the market
Cryptocurrency exchange is objectively large, it has been checked for scam by time and so many users. I pay my wallet from my card, withdraw, everything goes without problems. Support helps if there are questions. Commissions if you take relative to the market low, here in fact, you can trade with good… Read more
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Feedback approved for publication Rate your review 000You can trade for rubles
I still trade for rubles on P2P Binance without any problems, I pay with my card, no foreign additionally did not do to trade, and so all normal. Deposit and withdrawal without problems as always. There are no limits now for users from the Russian Federation, cool that the exchange remained and works… Read more
Positive- Everything is fine
Minuses- No
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Feedback approved for publication Rate your review 000Working Exchange
For those who have been trading crypto for a long time, there is no point in telling you about Binance, and everyone knows about it. For beginners, I can tell you that it is better to verify your accounts right away. They verify in different ways, I was verified in an hour, my friend verified almost… Read more
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Feedback approved for publication Rate your review 1+10Available for beginner
Hi all, I am new to Binance, registered less than a year ago. I trade small stuff for the sake of interest. Mostly needed an account to buy USDT. Just for work I often travel and this is the most profitable way for me to change currency now. Abroad there is no problem to withdraw and use, goes Hardly… Read more
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Feedback approved for publication Rate your review 1+10Trading application: benefits of use
I use it mostly for trading, I rarely use desktop. It works without lags, orders are quickly executed, the interface is also simple and understandable, in this part OK. I have a problem with it, though: I occasionally get kicked out of the program and need new authorization. I asked the support team… Read more
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Feedback approved for publication Rate your review 1+10Money is coming
The first and main point about Binance – the money comes, everything is OK. And no nerves. I follow the news carefully, I am constantly communicating with the service support when there are questions. It just makes sense to ask questions directly, since Binance has always been open, I’ve been in this… Read more
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Feedback approved for publication Rate your review 1+10Fast registration and verification
I got interested in NFT, started reading how all this stuff is bought and sold. I installed the Binance application on my phone.I began to understand how register. I have zero experience, but I figured it out quickly. In fact, everything is very simple) Even the verification is limited to just a passport… Read more
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Feedback approved for publication Rate your review 000Many crypto options
Binance allows you to trade not only in bitcoin and ether, but also crypto, about which nothing is yet well known, but which is only picking up speed. There are hundreds of coins. So far there was not one that was of interest, but which would not be traded on the exchange. Plus a lot of users, thanks… Read more
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Feedback approved for publication Rate your review 1-34I like Binance
I did not dare to start trading at Binance for a long time because it is necessary to provide personal information and it is impossible to do anything without verification. Only When I realized that the exchange is not a scam, I decided to pass the verification. Since then it has been more than three… Read more
Positive- Simple and convenient
Minuses- No
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Feedback approved for publication Rate your review 000It's easy to figure everything out on Binance
I was interested only in buying crypto for fiat initially. Later I started to use other exchange possibilities, when new ones appeared opportunities for investment. For me personally, its first and most important advantage is that it is easy to understand everything and to trade without any mistakes… Read more
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Feedback approved for publication Rate your review 000There are fees, but they can be reduced
The first thing I did when I started trading on Binance was to figure out the commissions. I don’t take into account stocks and stuff, because it’s temporary anyway. Even though there is still a 0% commission on bitcoin. Even if you consider the basic standing commissions, they are still in the market… Read more
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Feedback approved for publication Rate your review 1-23Reliable crypto exchange
Large crypto exchange. Reliable. No scam. Money for deposit and withdrawal are fast. To delay the withdrawal or not paid at all this never happened. I don’t know how to use this service. Passport data does not bother, the standard verification procedure: passport + selfies with the passport, as elsewhere… Read more
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Feedback approved for publication Rate your review 1+10You can reduce the commission
You can save on commission, which for me personally is a positive thing, because I trade in large volumes. And here it is just by the principle of more trading – less commission. All crypto is traded, all known to me, at least, because I find little-known coins as well. I was worried only when there… Read more
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Feedback approved for publication Rate your review 0-22Binance is full of features
To work with crypto exchange is not bad. First of all, in terms of features. I’ve been trading for less than a year and already know all the features. I have been trading for less than a year, I already know all features. I use P2P for making payments simply with my tinka card and I get my money on it… Read more
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Feedback approved for publication Rate your review 0-11Reliable exchange
First, the exchange itself is very large and reliable, I just do not know any others, especially in the Russian Federation, although I have been trading for a long time. Secondly, it is a convenient way to buy currency, this method has been tried out many times and I use it. What is the point of reinventing… Read more
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Feedback approved for publication Rate your review 0-33Clear conditions on the exchange
In terms of conditions, everything here is initially simple and clear. Immediately information about commissions, how you can save on them, plus all about verification is clear too at once. About it, by the way, I agree with its necessity. It helps to protect yourself in the first place. I had a little… Read more
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Inaccurate feedback Rate your review 0-22Roma
Recommends a payout of 21k to get !!! Recommend
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Feedback approved for publication Rate your review 4+13Not worth trusting
Things are also uncertain. Some got their money back, some didn’t. I can say that the company could not be trusted at all. Everyone else’s money was washed away.
Things are also uncertain. Where is the rest of the money? Only some people are getting their money back. And the rest of the money washed… Read more -
Inaccurate feedback Rate your review 3+21Bankrupt
The company is going broke. I see that I am not the only one who has been scammed. The scammers have to pay back every last penny.
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Feedback approved for publication Rate your review 4+31The company is slacking
The company is shoddy. I recently had to deal with problems. The account began to glitch, then I wrote to support – they said to wait. I have been waiting for a very long time. And now do not answer and blocked the withdrawal. All – no money even transfer.
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Inaccurate feedback Rate your review 1+10Scam
In line with other people. Only losses from Binance. Not a single reasonable answer or excuse on their part. They take us for fools.
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Feedback approved for publication Rate your review 2+20artificially inflated the rating
I do not know who is happy with the exchange, but I am very disappointed in it. Everything turned out to be a lie. They promised the security of all accounts and wallets, but in the end everything went wrong.
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Feedback approved for publication Rate your review 3+30Mess in the company
Binans disaster. I see a lot of people sitting in a panic. So, binans, is it good with other people’s money? I also found myself in this situation. The amount I had not so much, but it was my, honestly earned money. No one at binans had the right to cancel them. The end of your high rating.
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Feedback approved for publication Rate your review 4+40Technical support zero
Friends, there are only scammers on the Binance exchange. Be careful. They steal money. They do not answer us all, because it is their job to steal our money. And there is no technical problem. That’s their plan. No matter what you use your wallet for, they still put a lock on everything.
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Feedback approved for publication Rate your review 3+30Block
Binans rating is stupidly overrated. I personally did not see anything good in this exchange. It is good when they pay attention to your problem. And they do not care what you write. Not only do they avoid answering, but they also blocked our money.
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Inaccurate feedback Rate your review 4+40Block
Very disappointed in this exchange. Blocked the withdrawal, and about technical support is already silent – it does not exist. A big risk to enter there money.
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Feedback approved for publication Rate your review 3+30They scammed clients
What a scam by Binance! It does not need any excuses. I do not recommend it to anyone. Thought a decent exchange, kept the money, and it turned out they gave it away.
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Feedback approved for publication Rate your review 3+30I don't even know what to call...
I don’t even know what to call it. Fourth month I sit annoyed because of binans. The insolence has no limits already. I almost went bankrupt because of them, but I also lost a lot, all that was in my wallet was carried away by the wind. They do not deserve any positive feedback. They are bidders.
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Feedback approved for publication Rate your review 2+20How long can you ignore
How long can you ignore them? I have a lot of questions that they do not answer. At first it was a normal exchange: support service solved problems in time, but now they avoid questions by all means. Even at first I couldn’t believe that such a large crypto exchange could cheat its clients so meanly… Read more
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Inaccurate feedback Rate your review 1+10Block pins
Block the account, ignore the letters. Looks like I got caught in a scam. Take your money and run, if not already frozen.
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Rate your review 2+20Binance has fooled everyone
Binance has fooled everyone around. The end of our money. I don’t even think we have it in our accounts anymore. It’s all gone. If you see a rating of 5 stars, you should know – it is “overrated” rating of Binance . Binance deserves 0 stars. The most disgusting exchange I know.
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Rate your review 2+20Binance blocked withdrawals
They blocked the conclusion. They come up with all sorts of excuses. Sometimes I transferred money to another wallet for the purpose of buying and selling. What is suspicious here? Stupid ignoring. They do not respond to emails, silent, in chat, too, disappeared. It has been too long this situation… Read more
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Rate your review 2+20A complete mess is happening on the Binance exchange
What a mess is going on at Binance. Be careful. I have this situation. It says my account is compromised. What exactly happened? do not say. The support service brazenly does not respond to emails. I have a verified account. I didn’t do anything illegal. They are the ones who work illegal. If everything… Read more
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Rate your review 2+20Binance scam
Binance banned us. I lost my money in a matter of days. I get withdrawal notifications, but it wasn’t me who withdrew it. They just screwed me.
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Rate your review 2+20Fraudsters!
Binance took and blocked the account without reason. I can’t withdraw the rest of my money. Nothing is clear. They keep telling me to wait. Well, of course, I will wait while the Binance scammers decide where to spend my own money.
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Rate your review 1+10The exchange will be scammed
Terrible exchange. As a deposit, it all works, but as a withdrawal or transfer of currency – all frozen. Several times I wrote to the support service, but no normal response. Only wrote to expect. But what to expect and how much? While I’m waiting, they are stealing my money. Because of this situation… Read more
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Rate your review 1+10Binance scams its clients
I do not advise the exchange binance – one scam. I don’t know on what grounds they write me: “Your account may be at risk, contact the service support.” Okay. I contacted support, and in the end no one answered me. I keep getting a notification, asking me to wait for more I have not done anything illegal… Read more
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Rate your review 9+52How not to get yourself into trouble because of BINANCE?!
How not to get yourself in trouble because of BINANCE?!
I strongly advise against using the exchange Binanse. March 7, the money on the withdrawal, our own, there are about 200 thousand, the reason indicate "Suspicious Activity". Wallet (verified) before that we used for 2 years and everything… Read more
Positive- What are the advantages when you lose money?
Minuses- Nothing but cons
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Rate your review 3+30verification
Hello! trying to confirm the phone number on the BINANCE , but it gives an error. Yesterday it came out that the phone number already exists, and this is impossible, and today just an error that try again in 24 hours. I can not contact the support itself, as immediately directs to verification. Has anyone… Read more
Positive- Don't know
Minuses- Don't know
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Rate your review 3+20Good option for withdrawal
This is a convenient and reliable option for quick withdrawal. I liked that all transactions are accompanied by the need to enter a code from the phone or mail (this saves from fraudsters, and from incorrect transactions), from this work here more reliable than in the same Webmoney (although there is… Read more
Positive- Quick withdrawal
- Reliability of operation
- Lots of promotions and competitions
- Positive reputation
Minuses- Difficult verification, although if you figure it out, everything turns out to be not so difficult
- It's not easy to get an answer to a question
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Rate your review 100For fairness and objectivity I will leave...
For fairness and objectivity I will leave here a link to the reviews in the Yandex Directory – https://webmaster.yandex.ru/siteinfo/?site=binance.com
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Rate your review 1+10Today I closed my longs on the...
Today I closed my longs on the market BTC USDT CROSS MARCH 3X. 11.00 MSC.
I checked the assets, everything was sold out.
As a result, in the evening I found that my sales on this asset were nullified.
As a result recorded a huge loss.
A similar case was seen for the second time. -
Rate your review 1+10I have been trading on this exchange...
I have been trading on this exchange for over 3 years, more than a year I traded on the futures.previously more than once fixed the loss because they cancel orders to liquidate the position.today while I was sleeping they just brazenly closed the market matic position at -50 percent.they manipulate as… Read more
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Rate your review 0+30
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Rate your review 100Guys/colleagues in the industry, I like binance
Guys/colleagues in the industry, I like binance. I have been trading for a very long time. Here is a direct link (https://www.binance.com/) for those who want to have additional and maybe later on main income. This is not a bank that uses your money and you get pennies, this is a real opportunity to… Read more
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Rate your review 3+6024.03 opening an account found that the...
24.03 opening an account found that the night produced the entrance and withdrawn more than 4000USD, I immediately appealed to a support, there was an attempt to blame myself, they say, change the google, but in the history of google had no inputs, no new IPs, no requests for confirmation of new devices… Read more
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Rate your review 1+20I also fell for these scam artists...
I also fell for these scam artists Binance! Only with me they were not even ceremonious. I decided to buy cryptocurrency through my bank card, but it didn’t happen. The money was withdrawn from the card, but in the office on the website wrote "error" and the money was not returned! In technical… Read more
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Rate your review 0-20What a scam! The graphs seem to...
What a scam! The graphs seem to be drawn for each account personally. At any action on the exchange, in particular in the futures, the trend instantly changes direction to the opposite. They give them some money (like in any locholtron, avalon and the like), then the AI is connected, which draws "by… Read more
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Rate your review 0+20Ahahahaha stupid Paid article, people write that...
Ahahahaha stupid Paid article, people write that it’s a scam, and the admin writes that it’s the top exchange …
AHAHAHAHAHAHAHAHAHAHA, admin you’re going to lose your site. -
Rate your review 0+20Losing money on Binance 2021 History in...
Losing money on Binance 2021
History in order.
1. January 30, I registered my account at Binance using my phone number. On the same day I transferred BTC from nicehasha to my purse address mentioned in my account at Binance.
2. After the money did not come – I wrote to support. The reply was fast… Read more -
Rate your review 0-50Finances are quietly disappearing. Example today. 01.03.2021
Finances are quietly disappearing. Example today.
01.03.2021. Three spot orders (sales) 200XRP – 0.41355 = 82.71USDT, 1000XRP – 0.41877 = 418.77USDT, 200XRP – 0.42355 = 84.71USDT. Total of 586.2USDT. Received on the spot account – 542USDT. Missing or stolen… Read more -
Rate your review 00Maybe someone from the user prompt, I...
Maybe someone from the user prompt, I blocked an account in the revolution for transferring $ 50 from Binance, I need how to confirm the account in my name, but nothing associated with me, not even a name, just a couple of letters from the mail, and the rest is hidden
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Rate your review 0+50At the exchange, everything is fine until...
At the exchange, everything is fine until you do not want to withdraw money. Then you just get tricked and that’s it. It is simply impossible to pass the verification of the account. You provide the required documents, but it is impossible to pass. Stay away from these crooks
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Rate your review 0+20Miserable wretchedness I decided to have an...
Miserable wretchedness
I decided to have an account on this site, because it was easy to buy crypto from debit
the first time I easily bought for $ 250
The second time I got stuck at $50/day limit, but could buy. I decided to make verification… I even had a limit of $50/day, and I had ZERO, going… Read more -
Rate your review 0+100Everything was fine until it was time...
Everything was fine until it was time to withdraw funds ( $1.8k ).
Requested a second verification – I did it.
I got all accounts blocked after that.
Support is a separate story, they do what they want.
I ask according to what clause of the user agreement is blocked, they just say that this is a… Read more -
Rate your review 0+90In a word, motherfuckers. Complicated everything they...
In a word, motherfuckers. Complicated everything they could.
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Rate your review 0+50Binance dilutes with the exchange of fiat...
Binance dilutes with the exchange of fiat money to usdt and openly with 677 euros I lost 5-6 usdt!!! That’s why they have such allegedly low commissions!!! Also they bilk on Coin-Futures, if you bet on the rate increase and it falls by one point you have -3% and if it rises by one point +1%! They also… Read more
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Rate your review 0+70The interface of the exchange is good...
The interface of the exchange is good and convenient, great for buying cryptocurrency. There are no more pluses. This exchange earns not on commission from transactions unfortunately, but on direct speculation and price retention, being the largest player in the sphere, sets pricing simply by internal… Read more
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Rate your review 000While your position is open, your equipment...
While your position is open, your equipment from which you logged in to the exchange, mines slowly, even if you do not have a productive computer. When you open a position, the exchange opens the opposite position + mines against you
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Rate your review 0-70All is well, great crypto exchange! Eto...
All is well, great crypto exchange! Eto ne razvod 🙂
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Rate your review 0+80Binans scammers 100% never transfer money there...
Binans scammers 100% never transfer money there
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Rate your review 1-100Excellent exchanger, a lot of different ways...
Excellent exchanger, a lot of different ways to earn money. No special problems in all time of use
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Rate your review 000I buy a currency binns BNB let's...
I buy a currency binns BNB let’s say 25.003 price ok I went to the domestic currency binns and trade on it well as a trader tracking a purse look and can not understand I trade in the plus, close transactions +2-4% and the amount is lower and lower, I do not understand let’s deal
i have a currency uptrend… Read more
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Rate your review 0+60Ljunimagupadastalom! Although not to the laughter trying...
Ljunimagupadastalom! Although not to the laughter trying to withdraw 20,000 rubles to Visa for the sake of experiments. The first transaction lasted 2 hours – failed, I create a second, wait half an hour and wrote to tech support. They really surprised me! They sent me to “payeer”! I asked whether they… Read more
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Rate your review 000The technical part is disgustingly implemented. The...
The technical part is disgustingly implemented. The site resets authorization, it is almost impossible to open a deal even through scalper drive – or it will not open at all, or will open at such prices that it would be better not to open, margin type changes arbitrarily, deals with big movements may… Read more
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Rate your review 1-70The strongest exchange in the world! Yes
The strongest exchange in the world! Yes, there are sometimes glitches (because a lot of transactions take place!) But still, here I raised all my X’s, especially very convenient for beginners!
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Rate your review 1-50Great exchange! At the moment, the top...
Great exchange! At the moment, the top among the crypto exchanges. When registering just specify the code, if you want to get always a discount. Then there is no way to pin the code. Good luck investing)
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Rate your review 1-120Normal exchange. In general only positive experience...
Normal exchange. In general only positive experience of using
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Rate your review 0-20I want to share my experience with...
I want to share my experience with this exchange. In general, there are some small bugs on this exchange (for example, during sharp market movements orders can not always be placed) – but the bugs that I encountered on Binance, they are also present on other exchanges (in addition to it, I used Huobi… Read more
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Rate your review 0+20The exchange in general is not bad
The exchange in general is not bad, but sometimes there are small tricks. In the last month I participated in two airdrop, which I can not withdraw and they are not traded on Binance. In support answered that the technical work (3 weeks, Carl) and it is under the condition that coins – erc-20 tokens… Read more
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Rate your review 0+70Binans exchange is something that will withdraw...
Binans exchange is something that will withdraw from the population of the planet 87% of all livelihoods. This is exactly what this bmz is based on
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Rate your review 0-20How to Start Trading?
How to Start Trading?
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Rate your review 0-40Guys, tell me how you trade with...
Guys, tell me how you trade with this fucking commission Maker and Taker (takes both buy and sell) even if currency valotilnosti small commission gobbles up a normal percentage of profits
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Rate your review 1-50Excellent exchanger, the best for beginners. Very...
Excellent exchanger, the best for beginners. Very low commissions! A lot of pairs. When you register you get a 50% discount on all transactions, +25% on the first deposit, as well as 20% of the transaction fee.
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Rate your review 0-10I traded on the exchange until I...
I traded on the exchange until I gave all the good chinese last pants, I do not advise anyone who is not tied to the admins to put their nose on this exchange, after the appearance of new currency there is a wild fall and you lose your last penny in the hope of at least a little growth, it is tied to… Read more
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Rate your review 0+20The interface of the exchange constantly glitches...
The interface of the exchange constantly glitches in many browsers, hanging at the time of order creation. But this is not the main reason, in contrast to Exmo, where they can just hoax you with the transfer of funds, this exchange profit by financial manipulation, forcing you to lose money, by dramatic… Read more
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Rate your review 0+50There is no opportunity to make money...
There is no opportunity to make money on the ground and, as I understand from the reviews, the opportunity to make money on exchanges is coming to an end. I read so many reviews today about many well-known exchanges that my hair is on end. You can not trust anyone. Never. It’s too bad we do not know… Read more
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Rate your review 0+20Not credited deposit!!! How to solve the...
Not credited deposit!!! How to solve the problem?
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Rate your review 0+20How many naive comments. You understand -...
How many naive comments. You understand – the crypto market is 99% manipulated, the whales know everything in advance, so this exchange was “hacked” before the most powerful pamp, and the Consensus is coming. I think nobody stole anything from them, they just closed for a week to deprive hamsters of… Read more
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Rate your review 000Regarding the theft of 7000 BTC from...
Regarding the theft of 7000 BTC from Binance! At the beginning of April an employee of BINANCE exchange made an attempt to steal 114BCH from a user of the exchange. I contacted support, where I was asked to provide proof of transfer, as well as documents. I have complied with all instructions of exchange… Read more
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Rate your review 0+20The problem with the deposit. Crypto Ripple...
The problem with the deposit.
Crypto Ripple did not come to the wallet.
Support and admins are chasing the problem around in circles without solving it.
Who faced with this problem and what to do? -
Rate your review 0-30At Binance I trade more than a...
At Binance I trade more than a year, no problems!!! Not one bitok brought to the exchange and withdrew there! The most honest exchange at the moment…..
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Rate your review 0-20I trade on this exchange, all very...
I trade on this exchange, all very clear, a lot of trading pairs, I like all the intuitive and extremely accessible.
I recommend another server that gives signals to buy and sell bts, you can earn a little while the server is free, the channel in telegram gist_chat
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Rate your review 000Why are there so few reviews?
Why are there so few reviews?
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Rate your review 0+20I registered on the exchange, I bought...
I registered on the exchange, I bought cryptocurrency for a deposit of 0.0212 Bitcoin, three days later I could not log into my account, they say you need to pass a two-level test, which I did not do!!!! consciously!!! Then I tried to resume access a week, the passport is not suitable, the rights are… Read more
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Rate your review 0+10A scam..
A scam…
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Rate your review 1-81Good evening, I want to share my...
Good evening, I want to share my life experience, because I worked at many exchanges and mostly on my own losing a lot. I used to work at such companies as Olimp Trade, Midasglob, Maximarket, Bitcoin and other cryptocurrency exchanges, but I have never managed to earn anything. Maybe, I didn`t have enough… Read more
Binance reviews
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