Binance reviews

4.0

77% would recommend to a friend

(1,228 total reviews)
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Richard Teng

87% approve of CEO

76% positive business outlook

Binance has an employee rating of 4.0 out of 5 stars, based on 1,228 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
1.0
Jun 23, 2024
Recommend
Business Outlook

Pros

Pay is quite decent, although I later realised they don't really give up to industry standards if you don't ask enough

Cons

1. Interviewed for a senior role, and being hired to work for a different sales role, which is only unrealistic number driven 2. No proper management, leaving very toxic people in charge, the person I worked with tells lies and cheated by providing bad quality deliveries towards upper management to show she's competitive 3. No proper data management system, it's hard to believe such a big leading company is still using manual counting in Excel, in terms of growth project; they data dashboard they later struggled to build just delivered wrong data 4. No work life balance, no inclusion, had to get up at 3:50am to attend meetings. Of course, officially they'd say "you don't have to attend" but if you don't, they would blame you for missing information discussed in that meeting. Not to mention meetings at 7:00am or 21:00 was a norm, they also change meeting times without any prior notice, sometimes your meeting time was changed while you were still in the dream (for instance, changing meeting time from 7:30am to 7:00) then you end up missing the meetings. Of course you can't really rest during weekends because of those unrealistic sales numbers. 5. No standardised principles to evaluate your work, only reward people who can steal their colleagues work or brag/lie to upper management (basically toxic people) and edge out really hard working people. 6. somehow people working in this company were kind of "camera phobia", no one ever turned on their camera during meetings or using their real names, until you left the company you still didn't know who your colleagues really were. I ended up grinding at night a lot and my dentists told me to use some facilities to treat it, but I knew it was due to the mental stress. All in all, perfect environment to destroy your mental healthiness and worst company ever.

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Binance Response
1y
Thanks for your feedback. Binance is not a typical corporate culture. We don't operate with 9-5 employees or corporate red tape. We maintain a startup mindset, avoiding excessive processes and guidelines. Thriving in a sometimes chaotic, yet highly impactful and energetic culture is essential for any Binance employee. You can read more about this here: https://s.binance.com/4338ZLZw. Binance’s culture is indeed unique, with being #Hardcore as a key part of our DNA. However, our core values like #Freedom and #Collaboration ensure that employees can manage their priorities effectively and rely on their peers for support. We are at a pivotal moment in the history of financial technology, making our work even more significant. You can read more about this aspect of our culture here: https://s.binance.com/s1oVeWWi. We are always striving to improve, and your input is invaluable in helping us achieve that.
2.0
May 26, 2024

Avoid at all cost

Recommend
Business Outlook

Pros

- Good employee benefits (one-time USD 500 WFH packages, gym benefits, team bonding expenses, health package from AON, Udemy, etc) - WFH (work from everywhere) - Colleagues from diverse background, some colleagues are nice - Good bonuses if it's bull market

Cons

- Unexpected Job Insecurity: bottom-out approach and you might lose your job overnight despite good performance reviews (many colleagues were asked to leave suddenly during my time there), CEO asked you to pack your bags if you're not up for the rollercoaster ride. - Management Mayhem: quarterly internal performance reviews (changed to biannual later) that felt more like a chore than a constructive exercise. Employees were being forced to evaluate their peers. I was part of the Front End team but somehow ended up under the supervision of a Back End manager, who seemed clueless about my contributions. Promotions felt like a distant dream as reporting managers shuffled around like a deck of cards. - 24/7 Work Culture: Colleagues from different time zones, and you are expected to attend meetings or work at night. Weekends or PH are expected to work sometimes. - Some of the employee benefits took a hit when the company hit financial turbulence. Perks were put on hold. - Chinese company: Almost ALL documents were still in Chinese, making simple tasks unnecessarily complicated. - LOC System: an internal metric that tracked every line of code, Jira ticket, and code review comment, turning engineering into a numbers game rather than a measure of true innovation and problem-solving.

avatar
Binance Response
1y
Thank you for your feedback. Binance's culture is unique and not typical of a traditional corporate environment. We don't operate with 9-5 schedules or get bogged down by corporate red tape. Our startup mindset means we avoid excessive processes and guidelines. Thriving in a dynamic, sometimes chaotic, but highly impactful and energetic culture is essential for any Binance employee. For more insights, read this article: https://s.binance.com/4338ZLZw.
1.0
Apr 4, 2023
Recommend
Business Outlook

Pros

I escaped. Worked with some nice people.

Cons

Dreadful. Worst place I have ever worked which includes a Butcher's and Ice Cream factory. Very unstrategic. Horrible atmosphere. Culture of fear. No governance, or perhaps Chinese Governance so information is deliberately fragmented. Lots of processes and reporting to founders who don't have a clue.

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Binance Response
2y
Thank you for sharing your feedback. We are truly sorry to hear that your experience with our organization did not meet your expectations. It is important for us to understand the concerns of our team members and address any issues that may be negatively impacting the work environment. We are dedicated to learning from your feedback and taking the necessary actions to build a more inclusive, transparent, and supportive workplace for all our employees.
Viewing 70 - 72 of 1,228 Reviews

Glassdoor has 1,583 Binance reviews submitted anonymously by Binance employees. Read employee reviews and ratings on Glassdoor to decide if Binance is right for you.