Everything has its positive aspects and negative aspects. So it also has, let see them:
The pros of using Balsamiq are it is helpful in rapid prototyping with its cool components. Secondly, it has good shortcuts and other features to quickly create wireframes. It has an online or cloud version as well. It is a very easy-to-use interface. It can convert a design to a PDF. Some cons of using Balsamiq are it has a limited canvas size which is suitable for the largest client-facing presentations. It is not supportive of interactive prototyping. It has limited sharing or collaborative options. It does not support making annotations on the interface. It has a limited quantity of elements in which the page and project are available on one license and you can use it when you pay for it.