Binance vs. BlockFi Prime (discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Binance
Score 8.8 out of 10
N/A
Binance is a global blockchain and cryptocurrency infrastructure provider with a financial product suite that boasts the largest digital asset exchange by volume.N/A
BlockFi Prime (discontinued)
Score 8.7 out of 10
N/A
BlockFi Prime is a crypto-trading platform that provides 24/7 access to cryptocurrency markets and loans working capital for trading purposes. On November 28, 2022, BlockFi filed chapter 11 bankruptcy.N/A
Pricing
BinanceBlockFi Prime (discontinued)
Editions & Modules
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Offerings
Pricing Offerings
BinanceBlockFi Prime (discontinued)
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BinanceBlockFi Prime (discontinued)
Best Alternatives
BinanceBlockFi Prime (discontinued)
Small Businesses
Coinbase
Coinbase
Score 7.6 out of 10
Coinbase
Coinbase
Score 7.6 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 7.6 out of 10
Coinbase
Coinbase
Score 7.6 out of 10
Enterprises

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All AlternativesView all alternativesView all alternatives
User Ratings
BinanceBlockFi Prime (discontinued)
Likelihood to Recommend
8.2
(12 ratings)
-
(0 ratings)
User Testimonials
BinanceBlockFi Prime (discontinued)
Likelihood to Recommend
Binance
If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform.
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Discontinued Products
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Pros
Binance
  • Has the best data, tables and choices of all platforms out there.
  • Best charges / prices with quick transfers of currency from fiat banks to Binance
  • Best selection of currencies
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Discontinued Products
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Cons
Binance
  • You have to login every time you use it due to security concerns.
  • The fees and charges are not clear sometimes
  • Make sure you go through the terms carefully before using any platform.
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Discontinued Products
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Alternatives Considered
Binance
We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology.
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Discontinued Products
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Return on Investment
Binance
  • It gave good opportunity for investment which resulted in good ROI
  • It's better than Indian Exchanges as the manipulation is high there
  • It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices
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Discontinued Products
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ScreenShots