Coinbase vs Binance: Features, Fees & More (2023) (2024)

🚨 Get Your Free NFT Certificate Mint by Completing the Web3 Exam! START NOW

  • Coinbase vs Binance: Features, Fees & More (2023) (1)
  • Connect

Cryptocurrencies

dApps

Calendars

Coming Soon

Data

API Coming Soon

Connect

Coinbase vs Binance: Features, Fees & More (2023) (16)

My Learnlist: Coming Soon!

Learn by real-life examples: Select, Track & Understand any cryptos with the unique Learnlist feature!

Notify Me!

Coinbase vs Binance: Features, Fees & More (2023) (17)

Portfolio: Coming Soon!

Set your wallet & get powerful insights backed by data. Easily learn how to use it for your highest rewards!

Notify Me!

Swipe right to compare

Coinbase vs Binance: Features, Fees & More (2023) (18)

Want to instantly compare Binance vs Coinbase & see which cryptocurrency exchange takes the top spot? Take advantage of this comprehensive Cryptocurrency Exchange Comparison Tool and see which brand wins!

See Full Comparison

Binance vs Coinbase - Comparison at a Glance

To represent the data of Binance vs Coinbase comparison as accurately as possible, we have divided our thorough fact-based analysis results into 8 different categories. For an instant Binance vs Coinbase main metric comparison at a glance, take a look at the general overview table below.

Binance vs Coinbase cryptocurrency exchange overall score comparison reveals that Binance has a higher overall score of 9.8, while Coinbase gathered an overall score of 9.1. If we look at the ease of use, it’s clear that in this Binance vs Coinbase comparison, Binance has better & smoother user experience than Coinbase.

Compare Other Crypto Exchanges

Main score based on expert evaluations & real user reviews.

For which purpose or what kind of people is the crypto exchange most useful.

The countries in which the cryptocurrency exchange is available for operation.

Final crypto exchange evaluation conclusion based on research, expert opinions & user feedback.

Coinbase vs Binance: Features, Fees & More (2023) (19)

BINANCE

Coinbase vs Binance: Features, Fees & More (2023) (20)

COINBASE

Overall Score

9.8

9.1

Best For

Buying, trading, and holding a wide variety of cryptocurrencies Buying, selling, and managing cryptocurrencies

Operating Countries

Turkey, Russia, Argentina, Vietnam, Ukraine, + 40 more United States, United Kingdom, Germany, Canada, France, + 100 more

Verdict

One of the leading crypto exchange platforms in the industry. A reliable, well-known and respected cryptocurrency exchange platform.
Visit site Read review Visit site Read review

Binance vs Coinbase In-depth Feature Breakdown Comparison

Analyze all the most important metrics of your chosen cryptocurrency exchange brands & compare the fact-checked data side by side with his extensive Binance vs Coinbase comparison chart. Simply browse the information below & get answers to all of your crypto exchange questions!

Compare Other Crypto Exchanges

The main advantages of a certain crypto exchange.

The main disadvantages of a certain crypto exchange.

Score based on the quality & advantages you get for a certain price.

Score based on genuine user reviews & opinions about the crypto exchange.

How easy & intuitive it is to use a certain crypto exchange.

Most popular hand-picked deals & coupons.

The total number of current users in each cryptocurrency exchange platform.

Amount of cryptocurrencies that are accepted in a certain cryptocurrency exchange.

What kind of fiat currencies are accepted in a certain cryptocurrency exchange.

Whether or not the cryptocurrency exchange has integrated tools to help you analyze your performance.

Whether or not the cryptocurrency exchange has a functioning mobile app.

Level of security & safety offered by a certain cryptocurrency exchange.

Whether or not the cryptocurrency exchange offers an opportunity for investors to observe the trading behavior of their peers.

Whether or not the cryptocurrency exchange allows you to directly copy the positions taken by another trader and connect a part of your portfolio with theirs.

What kind of unique additional features are offered by a certain cryptocurrency exchange.

Whether or not the cryptocurrency exchange allows their users to remain anonymous.

The biggest amount that a certain cryptocurrency exchange allows to be fluctuated in one trading session.

The fee that you'll have to pay to a certain exchange for withdrawing your earnings from your account.

The fee that you'll have to pay to a certain exchange for each trade that you perform on the platform.

Whether or not the cryptocurrency exchange accepts payments via MasterCard.

Whether or not the cryptocurrency exchange accepts payments via bank wire transfer.

Whether or not the cryptocurrency exchange accepts payments via debit or credit card.

Full legal business name of the cryptocurrency exchange.

The location where the cryptocurrency exchange company is based.

The year when the cryptocurrency exchange was established.

Coinbase vs Binance: Features, Fees & More (2023) (21)

BINANCE

Coinbase vs Binance: Features, Fees & More (2023) (22)

COINBASE

Pros

  • A very well-known crypto exchange platform
  • More than 500 different cryptos available
  • Two-factor authentication
  • P2P trading option
  • Emphasis on security and KYC
  • Supports fiat-crypto acquisitions
  • Fiat currencies - accepted
  • Simple to use
  • Accepts only the most trustworthy cryptocurrencies
  • Very secure

Cons

  • Might be a bit difficult for beginners
  • Not available in all countries
  • Some of the less-known coins aren't supported

Value For Money

Customer Support

|

|

|

|

|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

Ease of Use

Latest Coupons

All Binance Coupons All Coinbase Coupons
Stats

Active Users

128M 108M

Acceptable Crypto Currencies

1. BTC
2. ETH
3. LTC
4. XRP
+ 350 more
1. BTC
2. ETH
3. DOGE
+ 200 more

Fiat Currency Trading

USD/EUR + more USD/EUR + more
Features

Analytical Tools

Mobile App

Security

|

|

|

|

|

Very Poor

Average

Excellent

|

|

|

|

|

Very Poor

Average

Excellent

Social Trading

Copy Trading

Additional Features

A Comprehensive User Center that Displays All The Information You Need in One Place A Built-in Wallet

Anonymity

Pricing

Maximum Trading Amount (Daily)

- $25K

Withdrawal Fees

3.50% (min. $10.00) Up to 3%

Trading Fees

0.10% Up to 3.99%
Payment Methods

MasterCard

Wire Transfer

Card

Company’s info

Full Company Name

Binance Coinbase

Headquarters

Malta US

Year of Origin

2017 2012

Check Official Website

Visit site Read review Visit site Read review

Compare Other Crypto Exchanges

Binance vs Coinbase Comparison Result Analysis

Value for money is one of the most important metrics that one should take into account while comparing cryptocurrency exchanges, as it shows whether the brand offers acceptable quality compared to the price. In this case, Binance has a higher value for money score than Coinbase.

It’s also very useful to look at the number of active users. Clearly, if comparing Binance vs Coinbase, the bigger active user base is gathered by Binance with around 128M users. Whereas Coinbase has around 108M active users. If we look at the cryptocurrencies that are accepted by these exchanges, we can see that Binance has a higher number of acceptable crypto than Coinbase.

It’s also important to do a thorough cryptocurrency exchange fee comparison. Analysing this metric in this Binance vs Coinbase comparison, it’s clear that Coinbase has the lowest trading fee percentage of Up to 3.99%, while the second place goes to Binance with a fee of 0.10%.

Coinbase vs Binance: Features, Fees & More (2023) (23)

COINBASE

Coinbase vs Binance: Features, Fees & More (2023) (24)

BINANCE

9.1

VS

9.8

Coinbase vs Binance: Features, Fees & More (2023) (25)

BINANCE

Coinbase vs Binance: Features, Fees & More (2023) (26)

KUCOIN

9.8

VS

9.4

Coinbase vs Binance: Features, Fees & More (2023) (27)

KRAKEN

Coinbase vs Binance: Features, Fees & More (2023) (28)

BINANCE

9.6

VS

9.8


How Is This Binance vs Coinbase Comparison Created?

Coinbase vs Binance: Features, Fees & More (2023) (29)

1. We Collect

The data represented in this Binance vs Coinbase crypto exchange comparison is fact-based & collected from trusted, verified sources only. In this way we make sure that the reader’s decision is measured & based on real facts.

Coinbase vs Binance: Features, Fees & More (2023) (30)

2. We Examine

To filter out the gathered data, our researchers examine & analyze it by using data science methods. Whether it’s user feedback, service features or pricing, everything passes through our strict review process in order to filter out false info & advertising claims.

Coinbase vs Binance: Features, Fees & More (2023) (31)

3. We Score

In order for this Binance vs Coinbase cryptocurrency exchange comparison to help you easily decide which brand is the best, each feature is represented with a score, a grading system or in any other commonly understandable format.

Coinbase vs Binance: Features, Fees & More (2023) (32)

4. You Choose

When the gathered data is aggregated, analyzed & put into a comprehensive chart, it’s your time to browse it and choose the best cryptocurrency exchange according to your preferences. But always make sure to know your crypto goals first!

FAQ

Which features are the most important in this Binance vs Coinbase cryptocurrency exchange comparison?

The most important features to analyze while choosing the best crypto exchange are trading fees and other paid features, level of security, supported cryptocurrencies, accepted payment methods, operating countries & the overall reputation of the brand. But have in mind that if you’re looking for specific features, these evaluation points might be less important to you than others.

How can I choose the best crypto exchange for me?

First, you need to evaluate your knowledge level and goals in the crypto world. If you’re a beginner, you might have different objectives than you would as an advanced user. Of course, even if you have your goals figured out, it might be hard going through dozens of exchanges & trying to find the best one. This cryptocurrency exchange comparison tool makes this process a whole lot easier - just choose the brands you want to compare & you’ll get all the info you need at your fingertips!

How is this cryptocurrency exchange comparison tool used?

To start your comparison, you need to pick out the exchanges you want to put head-to-head. Select it in the drop-down menu above and click “Compare Now”. You will see an in-depth side by side comparison of your chosen crypto exchanges. For a brief overview, look at the first general table. For more thorough analysis, browse the second, more extensive table which reveals all the main features, ranging from cryptocurrency exchange fees comparison to security comparison. Once you have all this info at your fingertips, it’s very easy to pick out the best crypto exchange!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you’re bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.

x

Coinbase vs Binance: Features, Fees & More (2023) (34)

Coinbase vs Binance: Features, Fees & More (2023) (35)

Ă—

Coinbase vs Binance: Features, Fees & More (2023) (36)

Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards

Rating

As a crypto enthusiast with extensive knowledge and hands-on experience in the field, I'll dive into the concepts mentioned in the provided article.

Cryptocurrency Landscape Overview:

  1. Cryptos: 21,341

    • This refers to the total number of cryptocurrencies in existence.
  2. Exchanges: 1,864

    • Represents the count of platforms where users can buy, sell, or trade cryptocurrencies.
  3. Market Cap: $1.66T

    • The total market value of all cryptocurrencies combined.
  4. 24h Vol: $78,795,520,587

    • Indicates the total trading volume in the last 24 hours.
  5. Dominance: BTC: 50.4%, ETH: 16.2%

    • Shows the market dominance percentage of Bitcoin (BTC) and Ethereum (ETH) in the overall cryptocurrency market.
  6. Gas: 42 GWEI

    • Gas is a unit used in Ethereum to measure the computational effort required to execute operations or transactions. GWEI is a denomination of the cryptocurrency Ether (ETH).

Article Sections:

  1. Connect Beta Learn2Earn in a Metaverse:

    • Hints at an upcoming feature or platform related to education and earning opportunities in the metaverse.
  2. New Courses Announced:

    • Highlights the addition of 20+ new crypto courses, emphasizing ongoing education in the dynamic crypto space.
  3. Most Secure Wallets To Start With:

    • Suggests a focus on the security aspect of cryptocurrency wallets, potentially guiding users on the safest options.
  4. Exclusive Crypto Deal List of 2023:

    • Promotes special discounts and deals on major crypto brands, enticing users with potential savings.

Education Section:

  1. Crypto 101 Handbook:

    • Mentions a free Crypto 101 Handbook, indicating an educational resource for beginners or enthusiasts looking to understand fundamental concepts.
  2. LearnDrops Earn!:

    • Implies a feature or program where users can learn and earn rewards, possibly in the form of cryptocurrencies.

Cryptocurrencies Section:

  1. Ranking Top Gainers & Losers:

    • Likely provides information on the cryptocurrencies that have experienced significant gains or losses recently.
  2. Fear And Greed Index:

    • Refers to a metric that measures the sentiment of market participants, indicating whether there is fear or greed in the market.

Exchanges Section:

  1. Spot, DEX, Top Exchanges Hot:

    • Refers to different types of exchanges (Spot and Decentralized Exchanges) and highlights trending or popular exchanges.
  2. Comparisons, Tutorials, News:

    • Indicates that the article includes comparisons between exchanges, tutorials on using exchanges, and news related to exchanges.

Wallets Section:

  1. Top Wallets Trending:

    • Features information on popular and trending cryptocurrency wallets.
  2. Comparisons, Tutorials, News:

    • Similar to the exchanges section, suggests comparisons, tutorials, and news related to cryptocurrency wallets.

NFT Section:

  1. Top NFT Collections, Top NFT Sales:

    • Focuses on Non-Fungible Tokens (NFTs), highlighting popular NFT collections and high-value NFT sales.
  2. Analysis Reports Coming Soon:

    • Teases upcoming analysis reports related to NFTs.

News Section:

  1. Crypto News Trending, Press Releases:
    • Covers current trending news in the cryptocurrency space and includes press releases.

Data Section:

  1. Fear And Greed Index, API Coming Soon:
    • Indicates the availability of data related to the Fear And Greed Index and hints at the upcoming addition of an API.

Binance vs. Coinbase Comparison:

The article concludes with an in-depth comparison between Binance and Coinbase, covering various aspects such as overall score, purpose, operating countries, pros and cons, value for money, customer support, ease of use, and specific features of each platform.

In summary, the article provides a comprehensive overview of the current state of the cryptocurrency market, educational resources, and a detailed comparison between two major cryptocurrency exchanges, Binance and Coinbase.

Coinbase vs Binance: Features, Fees & More (2023) (2024)
Top Articles
Latest Posts
Article information

Author: Kerri Lueilwitz

Last Updated:

Views: 5990

Rating: 4.7 / 5 (67 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Kerri Lueilwitz

Birthday: 1992-10-31

Address: Suite 878 3699 Chantelle Roads, Colebury, NC 68599

Phone: +6111989609516

Job: Chief Farming Manager

Hobby: Mycology, Stone skipping, Dowsing, Whittling, Taxidermy, Sand art, Roller skating

Introduction: My name is Kerri Lueilwitz, I am a courageous, gentle, quaint, thankful, outstanding, brave, vast person who loves writing and wants to share my knowledge and understanding with you.