Unreasonable expectations, lack of transparency, frequent firing - Anonymous employee Binance Employee Review

1.0
Jul 27, 2023
Anonymous employee
Recommend
Business Outlook

Pros

Binance is a well-known crypto company

Cons

Terrible hours, expect to work 24/7 - Most of the leadership is based in the Middle East or APAC. If you live outside of those time zones, you will be regularly expected to attend calls before 7am and after 10pm North America time. Highly centralized and political - All decisions roll up to the leadership team. Even small decisions need to be looked at by CZ. Decisions take forever and the leadership team is always the gatekeeper of approvals, yet they expect you to reach absurdly high KPIs. Unreasonable expectations - They expect you to regularly work until 3am and attend meetings at ~6am, and set KPIs that are 2-5 times more than what a normal company would set. They motivate employees through fear of getting fired since no one can hit these KPIs. Chinese-centric - If you do not speak business Chinese, you will not make it far in this company. Most of the leadership is Chinese native, and not English native. If you cannot present your ideas in Chinese, it may fall on deaf ears. There is a "PMO" or bilingual secretary (usually a senior IC-level junior person) assigned to each member of leadership. These PMOs are constantly trying to gatekeep and elevate themselves, even if it means throwing team members under the bus. Lack of integrity - during the mass 2023 US employee layoff, there were cases of actively reducing severance packages initially promised.

avatar
Binance Response
2y
Thank you for sharing your concerns with us. We appreciate your feedback. Binance’s culture is indeed unique, and being #Hardcore is definitely part of our DNA. However, our other core values like #Freedom or #Collaboration helps to ensure that our employees can shape their priorities in a way that is manageable, and lean on their peers for support. And, it’s fair to say that we are at a pivotal time in the history of financial technology, which makes our work all the more important. Here’s an article about how we view this aspect of our culture: https://s.binance.com/wQ3nAvfX We are always working to improve. Having said this, there’s definitely room for improvement, and inputs such as yours is very helpful.

Explore other reviews about Binance

5.0
Apr 9, 2026
Recommend
Business Outlook

Pros

Good Benefits and Remote work mode

Cons

No balance for life and work

2.0
May 4, 2026
Recommend
Business Outlook

Pros

Exciting trajectory, cool colleagues, large-scale deals

Cons

Top management has so much flaws, gaslightening, benefits are low

1
See reviews by: Helpful|Rating|Date|All