Binance vs. Coinbase

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Binance
Score 8.0 out of 10
N/A
Binance is a global blockchain and cryptocurrency infrastructure provider with a financial product suite that boasts the largest digital asset exchange by volume.N/A
Coinbase
Score 9.0 out of 10
N/A
Coinbase is a digital currency exchange (Coinbase Pro) and crypto-oriented software solution suite for businesses, including hosted checkout pages, payment buttons, invoicing, and multiple ecommerce integrations (Coinbase Commerce), a turnkey solution for brokerages, exchanges, and fintechs enabling them to offer customers crypto (Coinbase Prime), crypto asset custody (Coinbase Custody), and a wallet to self-store crypto (Coinbase Wallet).
$0.20
taker fee
Pricing
BinanceCoinbase
Editions & Modules
No answers on this topic
$100K-$1M
$0.20
taker fee
$10-50K
$0.35
taker fee
<$10K
$0.50
taker fee
Offerings
Pricing Offerings
BinanceCoinbase
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
BinanceCoinbase
Considered Both Products
Binance
Chose Binance
The better amount of currency to currency exchanges available. Binance platform has it set in a way to do more advanced trading via triggers and setting points at buying and selling possibilities. It is a proven exchange over time that gives you the confidence that the platform …
Chose Binance
We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology.
Chose Binance
Binance is very similar to Coinbase, however, Coinbase feels more grounded and user-friendly. However, this could just be the interface. Binance has more available tokens and coins, and lower transaction fees. This is very important when volume comes into play for the future. …
Chose Binance
It's better user friendly and also safer
Chose Binance
I initiate in this word of the cryptocurrencies using bitso, it's an exchanger, works well, but doesn't work as a wallet. Binance offers me security and a comprehensive site that tells me where are my cryptos, how can I buy, and other tools to forecast the behavior of the …
Chose Binance
I have not used another platform like Binance, but when I started into the crypto world I read a lot about platforms for this, but the most popular one and the fact of having the BNB makes me choose Binance
It also helps the awesome Binance videos you can find on Youtube
Coinbase
Chose Coinbase
I actually prefer BlockFi to Coinbase (currently using both). BlockFi has more clear information on my tax basis and is far more transparent on interest rates for staked assets. I wish Coinbase would follow suit.
Chose Coinbase
I have personally used Robinhood for micro-transactions, and it is similar to Coinbase, but Coinbase is more widely used and accepted. We ended up going with Coinbase because of the selection of currencies available, Coinbase's market presence, and secure transactions. I feel …
Chose Coinbase
I tried different tools but ended up choosing Coinbase as the main one because of the simple interface and the way it is clearer in displaying its features. Despite not being the easiest for beginners, Coinbase is not chaotic and dispersive like some other tools.
Chose Coinbase
Coinbase and Robinhood both offer crypto trading and investing. Coinbase, however, also offers to stake along with sending and receiving crypto. It's also nice that Coinbase focuses on crypto rather than also offering the purchasing and selling of stocks. Coinbase also does a …
Chose Coinbase
They can learn more from Binance and how things are done, they are a good example. Also, the fact that they care about their users it's a nice thing, and being in this new world of cryptocurrencies there is space to grow and improve always as this world just emerged.
Chose Coinbase
Coinbase provides better security than its other market competitors and its insurance program allows us to be stressed free of our investment. It What I liked best about Coinbase was how simple it was to transmit cryptocurrency from one account to another via email and that …
Chose Coinbase
In terms of security, speed, and pricing, Coinbase outperforms other bitcoin services. It has assisted us in making sound investments and offers us with high passive returns. In compared to others, Coinbase performed admirably.
Chose Coinbase
Coinbase is just better overall, with access to investments that can be traded for USD. As well as the crypto that can gain interest, Coinbase is amazing at educating the user along with providing real-time data, that allows the user to make the best decision they can when …
Chose Coinbase
Coinbase 100% is more user-friendly with beginners whereas Binance is tailored more towards seasoned crypto traders. Coinbase does offer a lot more options as well as far as types of coins to trade and of course, they're supposed to be the most secure platform. Coinbase has …
Chose Coinbase
I use Coinbase alongside a few other platforms for their various benefits. Some platforms have different rates for different currencies, for transfers as well as for staking rewards, so it can be beneficial to have options when looking at a particular transaction. Coinbase is …
Chose Coinbase
Coinbase has both the Coinbase wallet and the standard app. I like to use Coinbase over Robinhood because it has significantly more options.
Chose Coinbase
If you want to get a small understanding on bitcoin, Fetch.ai, stellar Lumen, or Clover. Then I suggest going with coinbase. You will get $10 worth of cryptocurrency to start your trading adventure. You can get venmo or cashapp but they just allow you to spend your money but …
Chose Coinbase
Coinbase is one of the best in the industry for SME custody-focused investment companies. We were able to complete our objectives with Coinbase. We selected Coinbase as we were familiar with their UI from personal trading experiences. Originally, compared to its competitors, …
Chose Coinbase
Coinbase is easier to use and has a nice simple user interface. However, it may be lack some of the alternative coins, that we do not accept anyway. It easily allows you to keep track of what is going on. It also lets you see in real-time your balance and notifications are …
Chose Coinbase
Far less waiting in Coinbase than other applications I've used. Coinbase has superior security features such as 2fa and secure transactions.
Chose Coinbase
Coinbase is more focused on just crypto [whereas] Robinhood also has involvement in stocks.
Chose Coinbase
Binance didn't seem to be something I would have wanted to jump into as a novice, and at the time it wasn't approved to operate in the US.
Chose Coinbase
Coinbase is an easy to use program. I've also used Binance, and Coinbase is so much easier. I've used BitPay to accept crypto onto my store, but it had me make another account, set-up a wallet, etc. I've used a bunch of other exchanges, and Coinbase is by far the easiest to use.
Chose Coinbase
Coinbase definitely provides the most impressive user experience of all the crypto-currency exchanges.Coinbase is one of only a few that US uses to buy crypto with fiat (USD) currency, making it on the short list of feasible platforms to use. However, Coinbase does lack options …
Chose Coinbase
Coinbase is an entry-level platform for cryptocurrency trading. I would prefer to use Gemini or Bittrex now that I am familiar with how to use and trade in these types of currency. Coinbase needs to improve its customer support or it will struggle to scale effectively alongside …
Best Alternatives
BinanceCoinbase
Small Businesses
Coinbase
Coinbase
Score 9.0 out of 10

No answers on this topic

Medium-sized Companies
Coinbase
Coinbase
Score 9.0 out of 10

No answers on this topic

Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
BinanceCoinbase
Likelihood to Recommend
8.2
(0 ratings)
8.4
(0 ratings)
Usability
-
(0 ratings)
9.0
(0 ratings)
Support Rating
-
(0 ratings)
6.4
(0 ratings)
User Testimonials
BinanceCoinbase
Likelihood to Recommend
If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform.
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Coinbase is well suited to the beginning investor, or someone who wants to learn more about Crytpo. While not all forms of Crypto are available for purchase outside of Coinbase Wallet, the variety is great. Also, the way their graphs display performance over time is so convenient, we do not have to do excessive outside research, because Coinbase is great at keeping relevant information in one place.
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Pros
  • Great for exchanging FIAT into CRYPTO.
  • Great for exchanging CRYPTO into FIAT.
  • The user interface is simple.
  • Easy for the team to quickly see charts and graphs.
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  • Coinbase has a really nice looking design which offers for a better user experience.
  • Coinbase is extremely easy to use.
  • Coinbase does a great job delivering company news/changes to its users.
  • Coinbase offers frequent updates which makes you feel more secure using their services.
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Cons
  • You have to login every time you use it due to security concerns.
  • The fees and charges are not clear sometimes
  • Make sure you go through the terms carefully before using any platform.
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  • The fees coinbase charges on top of the crypto networks are relatively high, compared to the rest of the industry
  • Under load/high volume, the site and application become unresponsive
  • Customer support is lacking. It's hard to talk to a human and get a real response to your questions/concerns. This is particularly irritating since we're dealing with money.
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Usability
No answers on this topic
The application and desktop versions are updated regularly and rarely experience down time.
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Support Rating
No answers on this topic
I haven't needed to contact support for Coinbase yet—it's probably because it is super easy to use and very intuitive. If I were to use the support, it would probably be better than these other companies because most of the other ones come from foreign markets or aren't as big as Coinbase.
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Alternatives Considered
The better amount of currency to currency exchanges available. Binance platform has it set in a way to do more advanced trading via triggers and setting points at buying and selling possibilities. It is a proven exchange over time that gives you the confidence that the platform will not go bankrupt and lose all your crypto.
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Coinbase and robinhood both offer crypto trading and investing. Coinbase, however, also offers to stake along with sending and receiving crypto. It's also nice that Coinbase focuses on crypto rather than also offering the purchasing and selling of stocks. Coinbase also does a better job of trying to educate their users about each crypto and often offers free crypto with that education. I use Coinbase for crypto trading/purchasing for those reasons.
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Return on Investment
  • It gave good opportunity for investment which resulted in good ROI
  • It's better than Indian Exchanges as the manipulation is high there
  • It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices
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  • I have been interested in investing. But certain stocks are high. Cryptocurrency is open to whatever amount you have unlike stash or e-trader that only you a small amount to ownership
  • I get the benefits to be educated on a few currencies and blockchains. They even give you a starting amount to get you trading
  • To withdrawal, coinbase ask which currency to withdraw from. Then give a QR code to point at a bitcoin ATM or service.
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