Binance Reviews
The world’s largest crypto exchange with 370+ coins, savings plans and staking — without a BaFin license in Germany.
Binance Rating
Our Opinion
Binance is considered the world’s largest crypto exchange by trading volume and is valued for its low spreads in order book trading. With over 370 tradable cryptocurrencies, savings plans and staking, the platform offers a broad range of services. On the market since 2017, Binance has established itself as a major player in crypto trading.
For the German market, however, it should be noted that Binance does not have a BaFin license. The direct-buy fees of 1.75 % and total costs of 18.50 € per trade are occasionally criticized, as is the limited cost transparency for direct purchases. The minimum amount of 15 € is also higher than at some competitors.
Binance is seen especially as suitable for experienced traders who want to benefit from the low spreads in order book trading and for whom a missing BaFin license matters less than the platform’s global market presence and liquidity.
Pros & Cons
- Over 370 cryptocurrencies available
- Savings plan and staking available
- Largest crypto exchange worldwide with low spreads
- Wallet transfer possible
- Payment methods: SEPA transfer and credit card
- No BaFin license in Germany
- Trading fees of 1.75 % for direct purchases have room for improvement
- Total costs of 18.50 € per trade occasionally criticized
- Cost transparency is rated as limited – direct purchases without a clear cost overview
User Experiences
AI Analysis1,002 analyzed reviewsOur AI collects and analyzes user reviews of Binance from the web and summarizes the key findings.
According to reviews, Binance is often praised overall for its ease of use, the large selection of coins, and fees that are generally perceived as low. At the same time, users occasionally report criticism regarding support, verification, and language options, especially with regard to a German app version.
According to reviews, users particularly appreciate the intuitive app and ease of use at Binance, which appeals to both beginners and more experienced users. However, the interface is occasionally described as confusing or too complicated. Many users also want a German language option to make everyday use even more convenient.
This analysis is based on 1002 user reviews evaluated by AI from the Apple App Store and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The reviews shown reflect user experiences and do not represent the site operator’s own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
Feature Scope
Highlights
- Largest crypto exchange worldwide by trading volume
- Low spreads in order book trading
- Savings plan and staking available
- On the market since 2017
Tradeable Assets
- Cryptocurrencies (370+ coins)
- Staking products
- Savings plan investments
Trading Options
- Spot trading
- Savings plan feature
- Staking
- Wallet transfer to external wallets
- Direct purchase by credit card
About Binance
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Recent articles about Binance
August 23, 2026 4:35 AM
Secret Network Quadruples the SCRT Supply: What Holders Have to Check Now
Since the upgrade on August 21, 2026 there are 1.443 billion SCRT on the chain instead of 362 million. The much-quoted Arbitrum snapshot on September 1 is not happening, and at Binance trading ends on September 3.
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Binance Delists ICX, SCRT and STORJ: From August 21, One Door Closes After Another
Binance removes ICON, Secret and Storj from spot trading on September 3, 2026 at 03:00 UTC. The wind-down starts on August 21 with margin and direct purchase, and ICX holders face a second deadline through the ICON shutdown.
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Binance Withdrawal Deadline September 9: Last Window Closes for ALCX, ARDR, NFP and POND
On September 9, 2026 at 03:00 UTC, Binance stops withdrawals of ALCX, ARDR, NFP and POND. Spot trading in these tokens has been suspended since July 10 and the exchange is winding down its EU business, leaving holders in Germany a single route.
August 20, 2026 7:26 PM
ACX Swap into Equity: What Holders Must Decide Before October 17
Binance has stopped ACX; withdrawals only run until October 17, 2026. At the same time, Across Protocol is preparing a swap into shares or USDC — but the terms and the launch date leave gaps.
August 20, 2026 1:36 AM
VANRY Migration to Base: Why the Swap Window Closes Five Weeks Before the Binance Withdrawal Deadline
The swap of VANRY to Base runs through a portal operated by the project and ends on September 10, 2026 at 13:00 UTC. Binance delisted the token today but is not handling the swap, and still allows withdrawals until October 17.
August 19, 2026 7:16 AM
Crypto Exchange Deadlines: Seven Cut-Off Dates Run Out by August 31
Between August 17 and August 31, 2026, deadlines expire at seven providers that affect investors in Germany. We recorded the dates ourselves on August 16 and wrote down which step each platform demands.
August 18, 2026 4:26 PM
Binance Delisting on August 17: ACX, HFT, PIVX, PYR, VANRY and VIC Leave Spot Trading
Binance removes six tokens from spot trading entirely at 03:00 UTC on August 17, 2026. Anyone holding ACX, HFT, PIVX, PYR, VANRY or VIC has to choose between selling before Monday and withdrawing by October 17.
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