Binance -
Q&A Submitted By: App Reviewer
Seller: Binance (Switzerland) AG (
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Category: Finance Reviewed Version: 2.36.2
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Price: Paid Options The Binance app is free to use. There is no paid version. You simply log in with this app and start trading through digital currency.
Supported Languages:
As different things have been digitalized in the modern world, the currency has also transformed into a digital type. People now prefer to do trading by the use of cryptocurrency. For this, they need a particular platform for trading purposes. There are several sources, but if you want a reliable app, then Binance makes a perfect app. It is the source for both beginners and the app. The easy to use app offers a cheap trading system.
The traders from all around the world join Binance and start trading through credit cards and wire transfers. Moreover, US users can trade on Binance by following the US trade regulations. There are certain features due to which the app has become popular among the community.
App Features and Capabilities - Large platform: Binance app is the large st crypto exchange app that offers a wide range of coins option. Currently, there are more than 300 coins to choose from. It is a trustworthy platform, and you can start trading with Ethereum, Cardano, Bitcoin, Link and Binance coins. There are some meme coins also, and all are available at the lowest fees.
- Buying and Selling: You can shop Bitcoin, Chainlink, Cardano, Binance and Etherum by adding te debit or credit card. Moreover,r you can sell all these coins also in this platform.
- Lite Mode: It is an exclusive feature of the Binance app through which you can transform from one coin type to another. Tap on lite mode and swap between any crypto in which you want to do trading. Everything is secure and safeguard your Bitcoin. The app offers the Secure Asset fund for users. In this, there is no chance of loss, and your currencies stay protected.
- Earn Interest Through Bin: One more feature of crypto is that you get the highest interest rate with the binance market. When you save and staking. For the USD stable coin, you get an interest rate of more than 5%. You can set the price alerts also by doing a single tap. Through this, you will stay updated with the latest trends and prices.
- Easy To Use Interface: The Binance app is a user-friendly app. You can easily switch between the Pro and Lite interface through one tap. Moreover, you can send and receive the crypto from family and friends using the Binance wallet with QR codes.
- 24/7 Customer Support: Through 24/7 live support, Binance always helps customers. No matter what is the trade query you can ask and get a solution immediately. You can chat with the agent or make a video call to have direct contact and ask questions to make trading easy.
- Low Trading Fee: One of the app features that let it stand out among the crowd is the Binance low trading fees for non-instant purchases. It is the lowest among its competitors like Coinbase and Kraken. Moreover, you can lower the trading fees further by doing more trading. Thus if you have a large BNB balance in your account, you have to pay less trading fee.
Pros - Different platforms and currency options are available.
- Low instant cost and fee for the coins.
- 300 plus coins option.
- Support eight different languages.
- No minimum deposit.
- Numerous extra services are available.
Cons - Sometimes hiccups in account verification.
- Non-transparent corporate structure.
- No electronic wallet depositing system.
- Have withdrawal fees.
Other Information to Know The Binance app was launched in June 2017. Currently, it has a 4.7 rating and about81.2 K users. The free to use app has easy to use interface and allow users to do trading conveniently. Users can swap between coins and sell or buy the coins easily. The app supports eight languages like Portuguese and Chinese. You can also secure coins in your wallet.