MultiversX Tracker is Live!

Binance vs Coinbase - my take after using both

Binance

Cryptocoins Exchanges / Binance 91 Views

Hey, simply dumping my ideas because this comes up all the time and I’ve ended up utilizing each for some time now. May assist somebody decide one or at the very least know what they’re stepping into.

Very first thing: fees. Truthfully the most important difference for me. Binance is straight out all the time cheaper. Spot trading charges are zero.1% by default. When you pay with BNB it drops to zero.075%. Coinbase’s regular purchase/promote charge is kinda brutal in case you’re not paying attention. They take an expansion plus a flat charge, so on small buys you’re paying like 1.5% to 3% straightforward. In case you change to Coinbase Advanced Trade it’s higher. Around zero.four% maker and zero.6% taker, which continues to be much larger than Binance. So should you purchase recurrently, that stuff provides up quick.

Cash: Binance has every little thing. Huge cash, random new coins, meme coins, launch stuff, staking. Coinbase sticks to the protected record: BTC, ETH, ADA, SOL, a couple of extra. So in case you’re simply holding the primary ones, Coinbase does the job. In case you like looking for new coins, Binance is means higher.

App & UI: Coinbase is super clean, in all probability the simplest for newcomers. Seems like a traditional banking app, actually. Binance is busy at first, but that’s because it does a lot extra. Spot, margin, futures, staking, earn, P2P. When you get used to it, you kinda recognize having it multi functional place.

KYC: In 2025 any legit trade is gonna make you do KYC. It’s simply regular now. Passport, selfie, accomplished. I didn’t actually have problems with either one.

Staking/Earn: Binance is best right here too IMO. A great deal of staking options: versatile, locked, launchpool. Good in case you wanna park some cash and make a bit additional. Coinbase does staking too, however charges are often lower. Works nice should you simply wanna maintain it easy though.

Money in/out: I often move crypto from Revolut or my bank, no problems there. Binance has P2P which is useful if your financial institution doesn’t like crypto stuff. Coinbase is sweet for PayPal cashing out in some nations, but once more, you pay for it in the charges.

So yeah, my take is fairly simple. In the event you just wanna buy some BTC or ETH and never overthink it, Coinbase is ok. If you need lower charges, more cash, staking, and don’t thoughts an app with extra happening, Binance wins straightforward.

That’s about it. I bounce between each typically but principally stick with Binance now because I hate paying additional charges for no cause.

For those who’re here you in all probability lean Binance anyway, however do you ever leap again to Coinbase?

submitted by /u/Dantello1
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments