ou want to invest in cryptocurrencies, but you hesitate to choose between Coinbase and Binance exchanges? Which of the two is best suited to your situation? Binance vs Coinbase, what will come out of it and which one is better? Find out what sets them apart in this guide


1- Coinbase:


Is also a cryptocurrency exchange platform. Better, it is also an electronic wallet. In simpler terms, you have the possibility to obtain cryptocurrencies, to trade them and above all, to store them in your portfolio, coibase was born in 2012 in San Francisco, where it is headquartered today.


Coinbase also offers major cryptocurrencies. It is also specialized in training for an efficient and easy handling of the world of cryptos. Very accessible to beginners, it is also available in a pro version for the more experienced.


2- Binance



Is a cryptocurrency exchange platform that was born in 2017 in Malta. Binance is more than 500 cryptos available, or more than 1000 digital currency pairs. It is considered the largest crypto trading platform in the world. You can buy cryptocurrencies there or even trade CFDs with leverage.


Its basic operation is similar to that of exchange platforms in the genre. binance is a platform that offers good security of assets, but remains unregulated under the law. It is not concretely regulated by the regulatory bodies, even if they show understanding and confidence in the platform.


In terms of fees, Binance is undoubtedly the most profitable and the cheapest. For its part, Coinbase is one of the most expensive platforms in the sector. Indeed, fees can be up to 4% for transactions on coinbase.


On the other hand, Binance remains on a maker-taker trading algorithm. This means that transaction costs generally remain the same for takers and decision makers. For your purchases, you rarely risk exceeding 0.1% commission.


In terms of cryptos, Binance has a lot more than Coinbase. Indeed, on Binance there are 1096 tradable crypto pairs for more than 500 cryptos. On Coinbase, on the other hand, there are 286 for 51 cryptos, and 57 on Coinbase pro.


However, both offer major cryptocurrencies. As for Altcoins, you will find many more on Binance. Also, the two platforms have been able to brilliantly integrate DeFi into their systems. In addition, Binance offers many more fiat currencies than Coinbase: respectively 19 against 3. Binance seems much more provided than Coinbase on this point.