Binance reviews

4.0

77% would recommend to a friend

(1,230 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 1,230 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
Feb 7, 2024
Recommend
Business Outlook

Pros

Web3 company. Pay is ok to average. Market leader.

Cons

- Management is not interested in your development, they want you to work as many hours as possible and then burn out. Inhuman. - You are managed by numbers, you are not a person to them - Firing is quick and common, and top performers are only as good as their last quarter. - Employees are asked to rate each other, which creates infighting, not a positive team dynamic. - the culture of the company is non-existent. Mostly just long hours and bullying to get things done. Toxic culture. - Long-term incentives is not aligned with the ask from employees.

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Binance Response
1y
Thank you for your candid feedback. We appreciate your recognition of our position as a market leader in the Web3 space and your acknowledgment of our compensation structure We are committed to fostering a supportive and positive work environment. We encourage every employee to raise their concerns to HR, so we could address them accordingly and ensure a healthier, more collaborative, and respectful workplace. We value our employees and their development, and we will work diligently to align our long-term incentives with the needs and well-being of our team members.
2.0
Oct 5, 2023
Recommend
Business Outlook

Pros

Was once a awesome place to find people who had the same passion to work towards the same goals

Cons

Dramatic change in business lines, massive layoffs going on and on, replacing full time members with contractors or even interns, or simply just expect the rest of the members to carry a crazy workload left by their peers.

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Binance Response
2y
Thank you for your honest insights. At Binance, our unique culture blends #Hardcore dedication and #Freedom as core values. Our #Hardcore focus, as detailed here: https://s.binance.com/LacOlyeX, drives our vision to increase the global freedom of money. Additionally, we cherish #Freedom, allowing employees to explore new ideas and contribute to projects. This balance can involve swift decisions by leadership, while mostly emphasizing freedom as our operational edge. We acknowledge your experience and your input will inform how we fine-tune our culture and values. We truly value your feedback
1.0
Jul 24, 2023
Recommend
Business Outlook

Pros

i can't think of any except that you are getting paid. bonus used to be good, but not anymore.

Cons

- Chinese politics, if you know what I mean - People are re-inventing buggy wheels all the time just to meet their KPI, and you are discouraged from using good open source solutions - the OKR is unrealistic - you get to experience the 996 culture - 0 cross-team communication on infra-related stuff, so it's a mess

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Binance Response
2y
We appreciate your honest input. Receiving feedback like this allows us to share valuable insights with the appropriate teams at Binance. The truth is, Binance's culture is one-of-a-kind, and our #Hardcore mentality is an integral part of who we are. For more information, please visit: https://www.binance.com/en/blog/ecosystem/why-does-binances-hardcore-culture-work-1031661967873197200 We are a results-oriented company exclusively focused on realizing our vision of enhancing global financial freedom. Embodying the #Hardcore spirit is essential to achieve this, even though it can be demanding. Your experiences and emotions are acknowledged, and we'll consider your feedback as we work to harmonize the requirements of our distinctive culture.
Viewing 124 - 126 of 1,230 Reviews

Glassdoor has 1,585 Binance reviews submitted anonymously by Binance employees. Read employee reviews and ratings on Glassdoor to decide if Binance is right for you.