Maximum 0.10% purchase and trading fees (discounts available) Additional 3% fee for credit card purchases Deposit and withdrawal fees vary by currency No fees for USD deposit or withdrawalĠ.50% per trade Additional 2.49% for bank account or Coinbase Wallet purchases Additional 2% for credit card purchasesĢFA via SMS or Google Authenticator app Device-level restrictions U2F security via hardware key Whitelisting pre-approved addressesĢFA via SMS or Google Authenticator app Cold storage and multi-signature wallets USD balances FDIC insured up to $250k KYC and anti-money laundering protectionsīuy, sell, trade, deposit, withdraw Stop order Limit order Margin, options, and futures tradingīinance is a jack-of-all-trades, giving users everything crypto-related in one platform. Simple interface Buy, sell, and exchange Price quoted in USD Multiple trading interfaces Multiple order types, including derivatives and futures API keys Low per-trade fees We’ve reviewed both platforms based on their supported currencies, security, fees, features, and more so you can decide which option is right for you. Binance, on the other hand, has opened its exchange to over 500 cryptocurrencies (and counting). Coinbase has a strict vetting process for which crypto it will support and currently offers over 40 of them. The biggest difference between the two platforms is the available cryptocurrencies. Binance is available in more than 180 countries worldwide, though they did have to spin off a separate entity, Binance US, specifically for United States users. It has quickly grown to be the largest exchange in the world by volume and offers users access to hundreds of cryptocurrencies. With an easy-to-use app and the ability to buy crypto with your bank account or credit card, Coinbase has positioned itself as one of the top exchanges in the world.īinance is a relative newcomer to the cryptocurrency space, founded in 2017 by Changpeng Zhao. It is a U.S.-based, regulated exchange that offers access to some of the top cryptocurrencies on the market today. They both give users access to buy, sell, and trade cryptocurrency.Ĭoinbase was one of the earliest crypto exchanges on the market, started in 2012 by Brian Armstrong and Fred Ehrsam. Binance and Coinbase are the two largest cryptocurrency exchanges available today.
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