jone
Is Binance safe and legit
I was thinking to switch my crypto exchange should I opt for Binance??
Read review14 people have already reviewed Binance. Read about their experiences and share your own!
Binance is a centralized cryptocurrency exchange offering spot, derivatives, margin and OTC trading services to users across Global.
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G. M.
External review
Facial verification prevented account access
The reviewer said repeated facial-recognition failures across several devices left the account inaccessible and made it difficult to reach a human support agent.
Read reviewB. A.
External review
Account restriction lacked a clear explanation
The reviewer said the account was restricted without a clear reason and that support did not provide concrete steps for restoring access.
Read reviewS. N.
External review
Fiat withdrawal support did not resolve the issue
The reviewer reported difficulty moving assets to a French bank account and said automated chat guidance did not resolve the withdrawal problem.
Read reviewCompany details
Founded in 2017 by Changpeng Zhao and Yi He, Binance operates a centralized digital asset platform serving retail and institutional users through jurisdiction-specific entities. Its documented product range includes spot, derivatives, margin, OTC and institutional services, while access and eligibility vary by country and legal entity. Binance publishes proof-of-reserves information and maintains public materials covering selected account controls, licences and registrations. This profile…
- Founded
- 2017
- Headquarters
- Not currently documented
- Exchange type
- CEX
- Primary market
- Global
Contact info
Not currently documented
binance.com — official website, opens in a new tabAll reviews 14
joneUK
Is Binance safe and legit
I was thinking to switch my crypto exchange should I opt for Binance??
Trading
Date of experience:
G. M.United Kingdom
External review
Facial verification prevented account access
The reviewer said repeated facial-recognition failures across several devices left the account inaccessible and made it difficult to reach a human support agent.
KYC / Verification
Date of experience:
B. A.Bangladesh
External review
Account restriction lacked a clear explanation
The reviewer said the account was restricted without a clear reason and that support did not provide concrete steps for restoring access.
Customer Support
Date of experience:
S. N.France
External review
Fiat withdrawal support did not resolve the issue
The reviewer reported difficulty moving assets to a French bank account and said automated chat guidance did not resolve the withdrawal problem.
Withdrawal
Date of experience:
B. S.Bangladesh
External review
Withdrawal remained suspended during review
The reviewer described a prolonged withdrawal suspension and said updates about the account review were limited and repetitive.
Withdrawal
Date of experience:
N. E.United Kingdom
External review
Security review continued without a firm timeline
The reviewer said funds had remained restricted for more than two months and that repeated support contacts produced general responses rather than a clear completion date.
Customer Support
Date of experience:
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