Binance reviews

4.0

77% would recommend to a friend

(1,227 total reviews)
avatar

Richard Teng

87% approve of CEO

77% positive business outlook

Binance has an employee rating of 4.0 out of 5 stars, based on 1,227 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Binance employee rating is in line with the average (within 1 standard deviation) for employers within the Tecnologia da informação industry (3.9 stars).

Reviews by job title

1K reviews
2.0
Jul 6, 2023

The company doesn’t care about you

Anonymous employee
Recommend
Business Outlook

Pros

Work remote, salary is good (if you’re European), if not, just okay.

Cons

If you’re no in Europe, salary will be lot lower. Management doesn’t care about you at all, in Binance you are 100% replaceable, just a number. If you’re not Chinese, you can’t even try to reach higher places, the leaders don’t care about you, and it’s pretty clear. Massive lay-off are happening since January, with the excuses of bottoming out. They don’t follow any labor laws and don’t seems to care about it, you will be constantly exposed a high pressure that will lead to a burn out, soon or later. Lots os people work in a wrong way to get more points on kpi, they don’t care about rules. Mostly those remain, and the ones who try to act right are fired. You can’t raise your voice against the upper management, I’ve saw several times where workers were basically called dumb for reporting something to the management, beside that, if you do this, the countdown for you to be fired is on. Things only change when CZ received a tweet and this goes viral.

avatar
Binance Response
2y
Thanks for your concerns and input. Binance regularly assesses compensation to ensure competitiveness across regions. Employees should discuss salary discrepancies with managers or HR. We're committed to an inclusive, diverse workplace where everyone has an equal chance to grow. Binance has a different culture and it’s not for everyone. Check out this article where we highlight our unique culture and the mindset it requires to thrive in a company like ours: https://s.binance.com/Ex2DpiiI Having said this, we empathize with your specific experience and thank you for sharing.
3.0
Mar 3, 2023
Recommend
Business Outlook

Pros

Good payment for role. Many possibilities to grow in the company. Multicultural environment.

Cons

It is really hard to say whether working at Binance is positive or negative, because it really depends on the standard operations they implement for employees. Sometimes, they are fair and reasonable, and the job is rewarding. However, there can be months of extreme stress that might lead to mental health issues. This makes you think if the salary is worth it. Only after a lot of discontentment from the team they realize certain policies are terrible, but the damage is done. It surprises me that for such well educated people they implement stupid policies in order to reach KPIs that affect the quality of the service provided and the user experience. This goes against the company values but they insist

avatar
Binance Response
2y
Thank you for your open and honest feedback. Receiving insights like yours is essential for informing the appropriate teams within Binance. Our culture is distinctive, with #Hardcore being a significant part of our DNA – learn more here: https://s.binance.com/aneDIyJ9. We are results-oriented and dedicated to our vision of promoting global financial freedom. Embracing #Hardcore helps us achieve this, albeit with its challenges. Your experiences and emotions are acknowledged, and we will consider your feedback as we strive to balance the demands of our exceptional culture.
2.0
Sep 17, 2023
Recommend
Business Outlook

Pros

Opportunity to learn different areas of crypto

Cons

No life-work balance; Unhealthy competition for KPI; Extra work and over time with no extra payment ; Constant high pressure for productivity in a toxic level;

avatar
Binance Response
2y
Thank you for your valuable feedback, and we appreciate your honest observations. Indeed, Binance is an organization that carries a unique culture, and being #Hardcore is indeed a part of our DNA as you highlighted. This approach is what has fueled our success and what enables us to drive towards our mission of expanding the freedom of money globally. You can learn more about this in our blog post here: https://www.binance.com/en/blog/ecosystem/why-does-binances-hardcore-culture-work-1031661967873197200 We understand that our approach may prove challenging for some. However, we believe it's these challenges that allow us to deliver on our results-driven ethos while staying true to our singular vision. Your feedback has been noted and will be taken into account as we continue to reflect on our work culture and make necessary adjustments. After all, it’s through diverse experiences and perspectives like yours that we can continue to evolve and improve. Thank you once again for your valuable insight.
Viewing 1 - 3 of 1,227 Reviews

Glassdoor has 1,582 Binance reviews submitted anonymously by Binance employees. Read employee reviews and ratings on Glassdoor to decide if Binance is right for you.