Binance reviews

4.0

77% would recommend to a friend

(1,227 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 1,227 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 Information Technology industry (3.9 stars).

Reviews by job title

1K reviews
1.0
Dec 6, 2022
Recommend
CEO approval
Business Outlook

Pros

there is no advantage whatsoever to working in this place

Cons

if you don't speak Chinese or live in the Asia region you don't have any chance in this company to get ahead you will be excluded from all team building activities the documentation or process doesn't exist and what little there is in written Chinese. HR doesn't exist at all and they threaten you if you don't follow their shady policies. salary increases do not exist, your title and responsibilities will change but your salary will not be touched. really toxic work culture, everyone is expected to work 11 hrs every day. no one cares about their teammates and they will crush you if they need to progress individually

1.0
Feb 6, 2023

Fraud Company and Toxic Management

Recommend
CEO approval
Business Outlook

Pros

Work from home Fast moving Colleagues are nice and friendly

Cons

CEO and Management respond to every constructive question with arrogant saying " You can leave Binance". They conned people and didn't pay them the salary or bonuses they promised Most people I know are looking for jobs outside of Binance now They only promote Chinese people to higher positions They set unrealistic deadlines and expect you to work 24X7

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Binance Response
2y
Thanks for your feedback. 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/Nodi2WD9 In response to your concerns regarding diversity, we ardently advocate for principles of equal opportunity and diversity throughout our organization. We hold a steadfast commitment to ensure each of our employees has access to the same opportunities for growth and professional progression, irrespective of nationality, ethnicity, or any other differentiating factors. Should any employee feel their advancement within our company is being influenced by their ethnicity or any other factor, we strongly encourage them to voice their concerns with their respective managers, or our Human Resources department. We assure you that any such matters will be thoroughly investigated and addressed appropriately.
1.0
Apr 11, 2023

The most toxic work environment I have ever encountered

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good compensation package as far as salary, although given how volatile the environment is, you may not last long enough to enjoy the salary.

Cons

A very toxic work environment. Sexist, racist and generally speaking very discriminatory. When you do speak up to voice concerns to senior management, concerns are brushed under the carpet and backfire against you. Binance like to say they value diversity, but in reality they do not- just ask around, the stories will shock you. The management structure is extremely obscure. It is never clear who is actually in charge of what. This trickles down to every level of the business. It is never clear what is expected of you which leads to a very 'adhoc' environment and very long work days. CZ often sent around messages to all employees encouraging transparency, however, this is simply lip service. Binance has been intentionally structured to be an opaque company. Nobody apart from a few of CZ's righthand men (and women) know what is going on. Information is purposefully obfuscated to give the public the impression of a start-up that is turning a new leaf re compliance. This could not be further from the truth. Binance is rotten inside out, only a matter of time before the truth comes out.

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Binance Response
2y
Thank you for sharing your feedback and concerns. We take all feedback seriously and are committed to creating a positive and inclusive workplace for all employees. We are dedicated to cultivating an inclusive and diverse workplace where individuals of all nationalities are treated equally. If any employee feels that their ethnicity or any other factor is influencing their career in Binance, we encourage them to please share their concerns with managers and/or HR so we can investigate and take appropriate action. In terms of transparency and communication, Binance adheres to the principle of highly efficient communication. This entails leaders and teams only engaging in discussions when necessary, addressing specific requests or information, ensuring that communications are targeted. Our aim is for employees to remain laser-focused and not be distracted by irrelevant discussions. For more insight into our communication practices, please refer to CZ's principles: https://s.binance.com/GkBmhQ0r Thank you for taking the time to voice your concerns. 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.
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