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Author Topic: Whats your experience with Binance?  (Read 447 times)
BonoWantTheBitty (OP)
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December 20, 2017, 07:54:51 PM
 #1

Im considering using Binance to trade altcoins.. but im still skeptical and being cautious..

With that being said, im interested in anything anyone has to share about there personal experiences with Binance.

Any and all information is helpful!! thanks
kueyen
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December 20, 2017, 07:56:30 PM
 #2

Pretty happy about it. I haven't read any negative comments about them here. If you purchase their own currency (BNB) the transaction fees are lower as well. They have a nice android app and nice UX overall.

ac2eugenio
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December 20, 2017, 07:57:40 PM
 #3

I quit trading using binance a long time ago because though the tx fees are too high that time and the GUI is not a newbie friendly,i am using bittrex right now will see the difference between the two.
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December 20, 2017, 07:58:20 PM
 #4

Switched from bittrex to binance a while back, and I'm happy I never have to use bittrex again  Grin
StGermain
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December 20, 2017, 07:59:49 PM
 #5

Im considering using Binance to trade altcoins.. but im still skeptical and being cautious..

With that being said, im interested in anything anyone has to share about there personal experiences with Binance.

Any and all information is helpful!! thanks

It worked fine for me. It just takes a while to withdraw, they kind of have to approve so it may show as pending for a while.

G14tz87
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December 20, 2017, 08:10:54 PM
 #6

I have not experience Binance, because I have not been in Binance so I do not understand about it yet.
goinmerry
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December 20, 2017, 08:14:01 PM
 #7

Im considering using Binance to trade altcoins.. but im still skeptical and being cautious..

With that being said, im interested in anything anyone has to share about there personal experiences with Binance.

Any and all information is helpful!! thanks

I heard alot recently about this platform, Binance.

Not just here in the forum but also in some of social media crypto related group. They also tagged it as "best exchange" ? Hmm. Out of curiousity, I would like to try their service and will give some feedback/s here in the future about my experience. Still on research mode and majority of my findings says that this platform is really good. Let's see then.
gazilla
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December 20, 2017, 08:34:30 PM
 #8

I have been using Binance for about two weeks now, and I love it for the most part. What I like the mos is the phone application as I can do trades on the move, as I am always on the move. However, what I do not like about Binance is the fact that for example you buy ten coin for certain price, then whenever you want to sell them you cannot sell 10 anymore as it will deduct some out of that ten. This does not apply to all the coins, but I have tested dozens of them and now I have half-coins, quarters that I cannot sell unless I buy something from that coin then somehow round the coins. If you have any other questions feel free to PM me. Peace
cryptoblackhat
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December 20, 2017, 08:38:37 PM
 #9

Switched from bittrex to binance a while back, and I'm happy I never have to use bittrex again  Grin

How exactly is Binance better? I've heard good things about Bittrex, so I'm not sure why Binance is such a big improvement.
dogandogru
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December 20, 2017, 08:46:11 PM
 #10

Binance is earning alot of popularity now a days and I think it will soon become 3nd largest exchange after bittrex and bitfinex in upcoming future. But only prob which I have heard about this exchange is that its transaction fees is quite high as compare to other exchanges. I personally use HITBTC and bittrex so I can really provide my experience with it
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December 20, 2017, 08:48:10 PM
 #11

Im considering using Binance to trade altcoins.. but im still skeptical and being cautious..

With that being said, im interested in anything anyone has to share about there personal experiences with Binance.

Any and all information is helpful!! thanks
I haven't used that exchange though I would use caution when trading on a new website that is asking for deposits.

OG member.
Brian Ray
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December 20, 2017, 08:51:45 PM
 #12

It very good.. even it give u a great benifit about refferrer! And discount 50% trading fees when u setup pay by bnb coin
5to9
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December 20, 2017, 09:16:12 PM
 #13

Binance has been on a tear recently. Though questions about them listing coins without permission and requiring coins to pay a hefty fee when they are the ones asking to be listed are kind of iffy. They have been aggressive with listing hyped ICOs and potential high volume coins. Def a solid exchange though.
Krezz2017
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December 20, 2017, 09:46:51 PM
 #14

What can I say? One of the leading and developing exchanges. Well, if you consider security, then from Bittrex money was stolen.

cliffordsean
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December 20, 2017, 09:51:13 PM
 #15

in the process of changing from bittrex ... looks real good and now with the stop loss its real good !
StGermain
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January 02, 2018, 06:21:03 PM
 #16

Im considering using Binance to trade altcoins.. but im still skeptical and being cautious..

With that being said, im interested in anything anyone has to share about there personal experiences with Binance.

Any and all information is helpful!! thanks

Oh, BTW my experience with Binance has been progresively worse due to the ridiculous withdrawal fees. You pay such a penalty for working with then that I would only do it if I have no other option frankly.

talinabtc
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January 02, 2018, 07:15:28 PM
 #17

(Withdrawel) fees are OK imho. I came from Kraken, so I'm just happy the website is accessible. Still have to get used to Binance UI though..
Alex_marik
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January 02, 2018, 07:28:37 PM
 #18

Now I use the Bitrex exchange. I'm completely satisfied, I do not understand why others do not like Bitrex?
cryptoblackhat
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January 02, 2018, 08:19:58 PM
 #19

I've heard good things so far, and was glad that I could sign up and start trading (with a small balance) without needing any verification first.

The referral system is something that makes me skeptical of most reviews (since people are getting paid to promote the site). Nonetheless, it seems like a promising exchange from my experience so far. I still have most of my funds on other more established sites for now.
natasha-lev
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January 02, 2018, 08:22:16 PM
 #20

Best exchange for me. Fast and cool. Also decrease on trading commission by using BNB. I love it))
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