Like Coinbase, all USD balances are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) and held in custodial bank accounts.Ĭoinbase security features consist of fingerprint biometric access for its digital wallet, and 98% of cryptocurrency funds are stored in air-gapped cold storage via vaults and safe deposit boxes. Both Coinbase and Binance require users to verify their identity with a photograph.īinance security features also include address whitelisting, device management, and the ability to restrict device access. users report some problems with the Binance.US and Google authentication process. regulatory investigation.īoth cryptocurrency exchanges provide two-factor authentication (2FA) via the Google Authenticator app or short message service (SMS), but U.S. Note that Binance is currently under U.S. Unlike Coinbase, Binance was first established in China before moving to Japan, and the Binance.US platform is headquartered in Palo Alto, California. Binance isn’t consistently regulated around the world, but its Binance.US exchange stays within U.S. Founded in 2012, Coinbase is a U.S.-based exchange that went public on April 14, 2021, via a direct listing, and is backed by banks like J.P.
However, both platforms support popular and up-and-coming currencies such as:Īlthough both platforms are considered secure, Coinbase has a better overall reputation. For example, the following cryptocurrencies are on Binance but not Coinbase: vechain (VET), harmony (ONE), vethor token (VTHO), and qtum (QTUM). Binance and Coinbase both offer many cryptocurrency pairs, but the number may vary based on your location. Coinbase offers 179 trading currencies.Ĭoinbase also supports fiat currencies, including USD, British pound sterling (GBP), and euro (EUR), whereas Binance supports many more fiat currencies, such as USD, EUR, Australian dollar (AUD), GBP, Hong Kong dollar (HKD), and Indian rupee (INR). However, the Binance.US exchange supports just over 100 coins.
Coinbase: Supported Currenciesīinance is well-known for its massive altcoin list, with more than 600 choices available to non-U.S. Can earn cryptocurrency by watching short videosīinance vs.
#BINANCE US VS COINBASE PRO#
#BINANCE US VS COINBASE SOFTWARE#
Public application programming interface (API) keys for integrating other software tools.Advanced charting with many different options for adding indicators and overlays.However, both provide mobile applications with watch lists or live price tracking. Since the platforms are meant for different types of people, you’ll notice vast differences in their feature sets. Limits vary based on your payment method and region Limits differ based on the cryptocurrency purchased Limit order, market order, stop-limit order, trailing stop order, post-only order, peer-to-peer trading, margin trading, one-cancels-the-other order, and more investors on Binance.USĢFA verification, FDIC-insured USD balances for Binance.US, device management, address whitelisting, cold storageĢFA verification, insurance for hot storage if Coinbase is breached, biometric fingerprint logins, cold storage, FDIC-insured USD balances, AES-256 encryption for digital wallets Intuitive, beginner-friendly platform offering basic transactions, a digital wallet, and withdrawals to PayPalĠ.10% spot-trading fees, 4.5% debit card purchases Low fees, comprehensive charting options, and hundreds of cryptocurrencies
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