The same is true for the number of fiat currencies supported. If you are a non-US trader, Binance is better than Coinbase. Both keep up to date with crypto trends and offer e.g. Coinbase on the other hand supports more than 100 currencies on its primary platform and close to 50 currencies on Coinbase Pro. Tradable Cryptocurrencies on Binance & Coinbaseīinance allows non-US traders to exchange more than 600 currencies, while traders in the US are limited to roughly 50. Coinbase supports 6-7 staking coins, and Binance 100+. Coinbase Pro used to be free to place limit orders on some years ago, unfortunately that’s no longer the case.īoth Binance and Coinbase offer staking, where you can earn interest on your cryptocurrencies by contributing to the security of the network. Coinbase Pro charges a 0.60% trading fee for market orders (use limit orders to pay 0.5%) higher than the 0.10% charged by Binance. One place where Coinbase is worse than Binance is the fees. Unlike Binance, the platform primarily hosts only the major cryptos – and fewer low cap altcoins. The exchange is also highly trusted and is publicly traded on NASDAQ.Ĭoinbase offers over 100 currencies for trading, including Bitcoin, Ethereum, Solana and Dogecoin. Coinbase is very popular in the US due to its easy-to-use interface. ![]() ![]() There are about 50 cryptocurrencies listed on their site open to America.Ĭoinbase was launched in 2012 by Brian Armstrong and Fred Ehrsam, and has been operational for almost a decade. Binance caters its services to people in more than 180 countries, but the main entity – – isn’t accessible in the US due to regulatory issues with the government.īinance US (at the domain) is a separate website that operates in compliance with governmental regulations, but the options for cryptocurrencies there aren’t as varied. At this moment, the exchange hosts over 600 cryptocurrencies and counting. We like eToro as it’s more regulated than both of these platforms and has copytrading and copy portfolio features.įor more details check out our Binance review now.īinance offers a diverse selection of cryptocurrencies when compared with other alternatives. If you wish to invest in a wide range of altcoins, Binance has more listed. However, US residents may prefer Coinbase. ![]() In terms of Binance vs Coinbase we think Binance has a slight edge. Many crypto investors open accounts on both however, alongside our #1 recommendation which is eToro. Coinbase doesn’t have perpetual futures trading pairs.īinance is suggested for more experienced traders, while beginners find it easy to navigate through Coinbase and Coinbase Pro. One main difference is Binance has both spot trading and margin trading (opening a long or short position on leverage). There is a separate Coinbase Pro platform for lower fees (0.6% max) and a price chart, however still not as low as the Binance fees or with as detailed a chart. On the plus side, the user interface is more beginner friendly. The platform has higher trading fees in comparison with Binance. Coinbase is good for US residents, and considered more secure. ![]() The coin choices for US users, however, are more limited. The comprehensive charting options and technical indicators make it a perfect fit for day traders doing technical analysis (TA). Binance offers 600+ cryptos and has lower transaction fees (0.1% max).Binance has an advanced trading interface good for active traders, while Coinbase attracts beginners with its easy to use one-click style and simple UI. Both work well with few bugs or downtime, and are very popular among crypto investors. Ever wondered what the best Coinbase alternatives in 2023 are? A Binance vs Coinbase comparison is a close call as they both support buying crypto and staking crypto, both have wallets, educational resources and more.
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