---
description: Learn more about Binance price, benefits, and disadvantages for businesses in Australia. Read reviews from verified users and discover similar tools that fit your business needs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Binance Cost & Reviews - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [Cryptocurrency Exchange Platforms](/directory/33575/cryptocurrency-exchange/software) > [Binance](/software/1030488/binance)

# Binance

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> Binance is an online digital wallet service through which cryptocurrencies can be traded, bought, and sold.
> 
> Verdict: Rated **4.4/5** by 220 users. Top-rated for **Likelihood to recommend**.

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## Overview

### Who Uses Binance?

Binance is aimed at private investors who want to invest and trade digital cryptocurrencies online. Any verified adult can participate.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.4/5** | 220 Reviews |
| Ease of Use | 4.2/5 | Based on overall reviews |
| Customer Support | 3.8/5 | Based on overall reviews |
| Value for Money | 4.2/5 | Based on overall reviews |
| Features | 4.4/5 | Based on overall reviews |
| Recommendation percentage | 80% | (8/10 Likelihood to recommend) |

## About the vendor

- **Company**: Binance

## Commercial Context

- **Pricing Details**: Please contact the licensor directly for further pricing information.
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Android (Mobile), iPhone (Mobile)
- **Supported Languages**: English
- **Available Countries**: France, Germany, Pakistan, Spain, United Kingdom, United States

## Features

- API
- Cryptocurrency Exchange
- Cryptocurrency Sending & Receiving
- Real-Time Reporting

## Support Options

- FAQs/Forum
- Knowledge Base
- 24/7 (Live rep)

## Category

- [Cryptocurrency Exchange Platforms](https://www.capterra.com.au/directory/33575/cryptocurrency-exchange/software)

## Related Categories

- [Cryptocurrency Exchange Platforms](https://www.capterra.com.au/directory/33575/cryptocurrency-exchange/software)
- [Cryptocurrency Wallet Software](https://www.capterra.com.au/directory/33075/cryptocurrency-wallets/software)

## Alternatives

1. [Coinbase](https://www.capterra.com.au/software/1016281/coinbase-wallet) — 4.0/5 (142 reviews)
2. [Crypto.com](https://www.capterra.com.au/software/1032659/cryptocom) — 3.1/5 (54 reviews)
3. [OKX](https://www.capterra.com.au/software/1036947/okx) — 4.6/5 (52 reviews)
4. [Sondepay](https://www.capterra.com.au/software/1069915/Sondepay) — 4.8/5 (20 reviews)
5. [Cash App](https://www.capterra.com.au/software/1016710/cash-app) — 4.2/5 (679 reviews)

## Reviews

### "Great Crypto Exchange" — 5.0/5

> **Hussein** | *18 April 2025* | Information Technology & Services | Recommendation rating: 9.0/10
> 
> **Pros**: It is one of the most powerful exchanges on the market. It has a big impact on the price of a coin depending on if its listed on their exchange or not. Loce the amount of content being displayed
> 
> **Cons**: It would be great if Binance would allow users to vote for coin listings. There are huge communities out there who have great projects, and deserve a Binance listing

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### "User friendly to the max" — 5.0/5

> **Meloney** | *21 July 2025* | Consumer Electronics | Recommendation rating: 10.0/10
> 
> **Pros**: Its easy to use interface as well as its user friendliness especially for those who dont really know what they're doing.
> 
> **Cons**: I really didnt have anything I didnt dislike when using the app, however, I think their prices could be a little lower.
> 
> Great\! Overall, the experience was really easy, from sign up to verification to purchases it was all pretty simple.

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### "Ease of use" — 4.0/5

> **Verified Reviewer** | *20 February 2026* | Education Management | Recommendation rating: 9.0/10
> 
> **Pros**: Binance is easy to use and it has a user friendly interface that makes it easy to deposit and withdraw funds and also transfer to other wallets.
> 
> **Cons**: there was this time that my KYC verification failed and I had to wait for 24 hours so as withdraw my funds.

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### "Modern day theives." — 1.0/5

> **Shivnaught** | *8 December 2025* | Accounting | Recommendation rating: 0.0/10
> 
> **Pros**: I used to love that Binance is trustworthy system that is fair and just and wont defraud users of their asset.
> 
> **Cons**: I don't like the idea that biannce is not available all over the world. I thought i was a good platform and should be available for everyone. I guess this is a work in progress.
> 
> I transferred 2,995 USDT from Binance to Newton, not realizing that Newton does not support USDT deposits — only USDC. Newton automatically rejected the transaction and returned the funds to Binance. Newton resolved their part in under 48 hours.&#10;&#10;Binance, however, has refused to release the returned funds.&#10;Case ID: \#152070268&#10;&#10;For 35 days, I have been trapped in an endless verification loop. I have already submitted over 20 verification videos, each one recorded exactly as instructed by Binance support. Several support agents even confirmed that my video was correct — yet hours later, the system rejected the same video and demanded another one.&#10;&#10;Contradictory Instructions&#10;&#10;The situation escalated when Binance sent this message:&#10;&#10;“Dear user, the current ID that you used is cancelled, please record the same video using a new ID. Do not change anything else in the video.”&#10;&#10;So I followed the instructions and re-recorded the entire video from scratch using a new ID, without changing anything else.&#10;&#10;But after submitting it, the appeal team responded with completely different and contradictory requirements:&#10;&#10;“Dear user, the video is quite complete but please also take note of the following:&#10;– Show the same ID document you registered with Binance with.&#10;– Show full conversations with the Newton platform from the start.&#10;– Provide the TXID from Binance to Newton and from Newton to Binance.&#10;Please record the same video again following these steps.&#10;Due to current requirements and submission limits, if your next video does not meet the requirement, the appeal will be canceled.”&#10;&#10;This is structurally impossible:&#10;&#10;One Binance agent required me to use a new ID only&#10;&#10;Another demanded I use the same ID I originally registered with&#10;&#10;Both insisted the video be recorded “exactly the same,” while giving opposite requirements&#10;&#10;Additionally, I was instructed to create a multi-minute video showing:&#10;&#10;Government ID&#10;&#10;Emails and support history&#10;&#10;Screenshots&#10;&#10;Wallet address details&#10;&#10;Full conversation history with Newton&#10;&#10;TXIDs for the outgoing and returned transfers&#10;&#10;A complete explanation of the incident&#10;&#10;…while keeping the video under 100 MB AND maintaining “high quality.”&#10;&#10;This is physically impossible.&#10;The video already contains everything Binance asked for.&#10;&#10;The requirements contradict each other by design.&#10;&#10;A Pattern of Obstruction&#10;&#10;This can no longer be dismissed as normal verification. It resembles a system engineered to delay refunds until users give up:&#10;&#10;35 days of delays&#10;&#10;20+ videos submitted&#10;&#10;Conflicting and impossible instructions&#10;&#10;Videos approved by agents, then rejected automatically&#10;&#10;Threats that the appeal will be canceled&#10;&#10;No transparency or explanation&#10;&#10;Funds already returned by Newton, but still withheld by Binance&#10;&#10;All required evidence has been submitted multiple times.&#10;Newton has confirmed the return.&#10;Binance is simply refusing to release the funds.&#10;&#10;Conclusion&#10;&#10;Based on all evidence and my personal experience:&#10;&#10;Binance’s verification and appeals process is intentionally obstructive and places users at risk of losing their funds.&#10;&#10;If this is how smaller cases are handled, I cannot in good conscience recommend Binance to anyone.&#10;“Thieves in Disguise” feels like the most accurate description of how this case has been managed.&#10;&#10;There is no valid reason for Binance to continue withholding the 2,995 USDT that rightfully belongs to the customer.&#10;&#10;At this point, someone from the team may respond with the standard scripted line — “We are looking into it.”&#10;But after more than a month of contradictions and delays, that response is meaningless.&#10;&#10;Frankly, this level of obstruction makes it clear that a class action lawsuit is overdue.&#10;&#10;Release the funds.

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### "Binance is the future" — 5.0/5

> **Tholang** | *28 June 2025* | Financial Services | Recommendation rating: 9.0/10
> 
> **Pros**: The security and safety of investments is probably the best. I love the fact that before withdrawals, I'll need 2 confirmations from email and phone number or 2FA and email. It helps just incase someone gets access to one of them
> 
> **Cons**: There are no good bonuses from my country compared to other countries. It shows that we are not the target market and not really as important as other countries
> 
> It has been very good. I have never struggled trading or even withdrawing my funds. Everything ive done has always been smooth.

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## Links

- [View on Capterra](https://www.capterra.com.au/software/1030488/binance)

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| de-CH | <https://www.capterra.ch/software/1030488/binance> |
| en | <https://www.capterra.com/p/252490/Binance/> |
| en-AE | <https://www.capterra.ae/software/1030488/binance> |
| en-AU | <https://www.capterra.com.au/software/1030488/binance> |
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| fr | <https://www.capterra.fr/software/1030488/binance> |
| fr-BE | <https://fr.capterra.be/software/1030488/binance> |
| fr-CA | <https://fr.capterra.ca/software/1030488/binance> |
| fr-LU | <https://www.capterra.lu/software/1030488/binance> |

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