Binance vs Coinbase
- Name
- Go to Exchange
- PROS
- CONS
- The high trading volume. More than 4 billion dollars per day;
- The stability of work and well-done API;
- The number of currency pairs is over 200 and it is constantly replenished;
- Verification is not necessary to withdraw less than 2 BTC;
- User-friendly interface with the option of selecting an advanced version;
- The Binance fees are only 0.1%, and when using the BNB, the token is reduced to 0.05%. Definitely the lowest among all
- exchanges;
- When you store NEO, you get GAS tokens;
- The fastest rate of the development;
- Pleasant referral program. You get a half of the commission of the invited person;
- They have own mobile application;
- There isn’t the possibility of using fiat currencies.
- Deposit insurance;
- There is a very convenient cryptocurrency wallet;
- The availability of mobile applications for iPhone and Android;
- Profitable referral program;
- The exchange operates only in countries that do not prohibit the cryptocurrency by the law, which at one point excludes the fact of its sale from any local market.
- If you suspect that your account was hacked, Coinbase phone number is available for you in 24/5 mode.
- Coinbase support may not answer your questions for a long time ;
- It is difficult to pass verification, which reveals every client as a person (the main advantage of cryptocurrency is anonymity);
- Coinbase tracks all your activity and it will ban you from making some transfers (transactions related to adult services, bitcoin gambling, trading contraband through darknet markets, reselling coins on other exchanges, especially without AML / KYC).