Binance vs Coinbase: Full Comparison

87
Binance logo
Binance
Exchange
90
Coinbase logo
Coinbase
Exchange
OverviewBinance vs Coinbase
BinanceCoinbase
Introduction
Binance logo
Binance
Binance is one of the leading global cryptocurrency exchanges since 2017, initially founded in China. Binance offers trading for spot cryptocurrencies and futures, with both rich trading tools and a simple trading interface with Binance Lite. The exchange is particularly known for listing many cryptocurrencies at low trading fees. While Binance originates from China it has expanded to dozens of countries around the world where it seeks to adhere to local regulations.
Coinbase logo
Coinbase
Coinbase is an international crypto exchange listed on the US stock market, that offers trading of hundreds of crypto assets since 2012. The USA-based crypto exchange offers both a simple trading mode for beginners, as well as an advanced trading view for experienced traders. Hence Coinbase is suitable for any type of crypto investor. Coinbase is regulated worldwide and is the first-ever crypto exchange to be licensed by the German BaFin.
Availibility
Pros
  • Largest Coin Selection
  • Very Low Fees
  • Often first to list Coins
  • Widely regulated
  • Large Selection of Crypto
  • Automatic DCA
Cons
  • Complicated Interface
  • Few Deposit Methods
  • Rather high Trading Fees
  • No PayPal Deposits
  • No Credit Card Deposits in some Regions
DetailsBinance vs Coinbase
BinanceCoinbase
Tradable Assets
Cryptocurrencies, Derivates
Cryptocurrencies
Cryptocurrencies
350+
230+
Payment Methods
Min. Deposit
1€
2$
Verification
ID, Selfie
ID, Video
Languages
🇬🇧 English
🇩🇪 German
Headquarters
🇰🇾 Cayman Islands
🇺🇸 United States
Regulations
🇫🇷 AMS, 🇪🇸 BdE, 🇸🇪 FI, 🇱🇹 FIU, 🇵🇱 KAS, 🇮🇹 OAM, 🇲🇽 SAT
🇦🇺 AUSTRAC, 🇩🇪 BaFin, 🇮🇪 CBI, 🇳🇱 DNB, 🇬🇧 FCA, 🇺🇸 FinCEN
Founded In
2017
2012

Binance vs CoinbaseShowcase

Binance vs Coinbase: Dashboard
Binance vs Coinbase: Dashboard
Trading FeesBinance vs Coinbase
BinanceCoinbase
Fee Structure
Binance logo
Binance
The trading fees on Binance depend on the used trading mode. In the easy trading mode, Binance Lite, higher fees of 0.5% apply. The advanced mode, Binance Pro, only comes with fees of 0.02-0.1%, which get lower the more you trade. Fees on Binance Pro can be further reduced by -25% by using Binance's own token BNB for paying fees.
Coinbase logo
Coinbase
Coinbase has different fees for different trading modes. When trading in the easy swapping interface, users encounter a high spread of 0-3%, depending on the cryptocurrency traded. On the other hand, users of Coinbase Advanced Trade benefit from very tight spreads and low trading fees of 0-0.6% that get lower the more you trade. Coinbase's advanced trading offers the same, large selection of cryptocurrency markets.
Standard Crypto Fee
0.5%
0-3%
Advanced Crypto Fee
0.02-0.1%
0-0.6%
Average Crypto Fee
0.28%
0.90%
CryptocurrenciesBinance vs Coinbase
BinanceCoinbase
Tradable Coins
  • Bitcoin
  • Ethereum
  • BNB
  • XRP
  • Cardano
  • Solana
  • Dogecoin
  • Polkadot
  • Polygon
  • Shiba Inu
  • TRON
  • Avalance
  • Bitcoin
  • Ethereum
  • BNB
  • Cardano
  • Solana
  • Dogecoin
  • Polkadot
  • Polygon
  • Shiba Inu
  • Avalance
  • Uniswap
  • Ethereum Classic
Bitcoin logoBitcoin
Yes
Yes
Ethereum logoEthereum
Yes
Yes
BNB logoBNB
Yes
No
XRP logoXRP
Yes
No
TRON logoTRON
Yes
No
Litecoin logoLitecoin
Yes
Yes
FeaturesBinance vs Coinbase
BinanceCoinbase
Mobile App
Android,iOS
Android,iOS
Web Version
Yes
Yes
Easy Trading
Yes
Yes
Pro Trading
Demo Account
No
Signup Bonus
No
No
Recurring Buys
Yes
Yes
Real Crypto
Yes
Yes
Withdrawable Crypto
Yes
Yes
Crypto Staking
Yes
Yes
Crypto Lending
Yes
No
Binance vs Coinbase Differences
Binance logo
Why Binance over Coinbase?
  • Binance has lower average crypto trading fees of 0.28% compared to 0.90% on Coinbase.
  • Binance has roughly 350 different tradable cryptocurrencies, while Coinbase has only 230.
  • Binance offers various trading instruments, while Coinbase only offers cryptocurrencies.
  • Coinbase accepts PayPal payments, while Binance doesn't.
  • Coinbase had a faster and easier registration than Binance in our test.
  • Coinbase already operates successfully since 2012, whereas Binance was founded in 2017.
Comparison ResultsBinance vs Coinbase
BinanceCoinbase
Registration Speed
Binance logo70/100
Coinbase logo90/100
Simplicity
Binance logo78/100
Coinbase logo92/100
Coins
Binance logo99/100
Coinbase logo97/100
Features
Binance logo97/100
Coinbase logo94/100
Fees
Binance logo93/100
Coinbase logo77/100
Opinion
Binance logo
Binance
blockig logo
87%
Good
/2024
We recommend Binance to advanced cryptocurrency investors who feel confident with advanced trading interfaces. This is because while Binance Lite is more or less suitable for Beginners, it's apparent that Binance values features and cost-efficiency over beginner friendliness throughout all trading modes. Binance particularly shines regarding the number of tradable coins and trading fees, making it perfect for high-volume traders and small-cap investors.
Coinbase logo
Coinbase
blockig logo
90%
Very Good
/2024
Coinbase provides a flawless user experience and easy access to crypto trading with almost instant account registrations. Because Coinbase is listed on the US stock market, we believe this exchange is one of the most stable international crypto exchanges one can choose from today. We recommend Coinbase to crypto investors who value regulatory safety and transparency more than low trading fees: We find the trading fees on Coinbase a bit too high, especially in the default trading mode.