Binance us vs coinbase2/27/2023 ![]() ![]() The entrepreneur enrolled in the Y Combinator startup program and was lucky enough to receive $150,000. The platform was established in June 2012 by a former Airbnb engineer, Brian Armstrong. The Coinbase current number of users is around 13 million. As of May 2021, the company’s American outlet Coinbase Pro was the largest cryptocurrency trading venue in the States according to the Coinbase market cap, with the trading volume exceeding $8 billion and its stock (COIN) trading at $247. So the right question would be: is it Coinbase Pro,, Binance.US or ?Įven though there’s no such thing as the best crypto exchange between these two brands, in the following piece, we’ll thoroughly explore these platforms to help you choose the better alternative.Ĭoinbase, or rather Coinbase Global, Inc., is one of the veteran cryptocurrency exchanges famous for being the first digital-currency platform to go public on the Nasdaq exchange via a direct listing in April 2021. Binance.US and Coinbase Pro operate only in the States, while and are international trading venues and different platforms. Make sure to not mistake Binance.US for or for Coinbase Pro (former GDAX). Well, then, is it Coinbase or Binance? None, actually. And yet, doesn’t operate in the States, relying on its American counterpart, Binance.US, the venue that, honestly, causes many users to raise their eyebrows because of lack of information on the web. Plus, if you do something to object to the Coinbase rules, you can get shut down – many people go nuts on Reddit about it. But here’s the thing, Captain Obvious: neither of both exchanges is perfect, of course, and each of them has its own advantages and disadvantages.Īs an illustration, Coinbase fees are much higher than on Binance. While comparing Coinbase and Binance in the following piece, we’ll talk a lot about KYC, trading types, withdrawal/deposits, fees and more. So, wait a second, is Binance better than Coinbase? For example, Coinbase doesn’t have futures and margin trading, and this is basically how another option comes to mind of many, many crypto enthusiasts – Binance. But after some time of using it you begin to notice that their fees are higher than the market and the core functionality such as order types and charts lacks certain professional instruments. Many novices go to the bitcoin exchange Coinbase when first introduced to digital currencies because it’s an easy-to-go and straightforward platform to start trading. Binances’ Fees are 0.1%Ĭompared to Binances, Coinbase Pro doesn’t have TradingView charts ![]()
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