Binance vs. Coinbase Pro
By Top 10 team Published May 22, 2022
The top 10 Crypto team is dedicated to ranking and comparing top exchanges in the market. To review references used in this review, please revert to the reference table at the end of this review. this review is not sponsored.
Binance and Coinbase Pro are crypto exchange platforms that serve millions of customers. They are among the top ten largest exchanges by trading volume, with Coinbase Pro ranking second and Binance ranking first.
The crypto exchange platforms include extensive trading features, cheap fees, and apps. Furthermore, both are aimed at advanced and beginner users. Binance, on the other hand, has somewhat lower fees, a wider variety of coins, and more methods to add or make withdrawals. Coinbase Pro, on the other hand, is recognized for its strong security standards.
To assist readers in selecting a platform, we compared Binance vs Coinbase Pro by examining supported currencies, security measures, overall fees, and features.
at Binance
- Fees: 0.02% to 0.10% purchase and trading fees, 3% to 4.5% for debit card purchases, free Single Euro Payments Area (SEPA) transfer, or $15 per U.S. wire transfer
- Currencies: Over 500
- Security: 2FA verification, FDIC-insured USD balances, device management, address allow listing, cold storage
- Wallet: N/A
- Transactions Supported: 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
- Max. Daily Trading Amount: Limits differ based on the cryptocurrency purchased
- Mobile App: iOS and Android
Low trading fees
Tutorial resources available
Trading fee discounts available
Lengthy KYC identity verification process
Not available in the US
Lacks transparency
at Coinbase pro
- Fees: 0.05% to 0.60% purchase and trading fees, 0.50% per trade, 3.99% for credit card purchases, 1.49% for Coinbase wallet or bank account purchases, and wire transfers are $10 for deposit and $25 for withdrawal.
- Currencies: Over 500
- Security: 2FA verification, insurance for hot storage if Coinbase is breached, biometric fingerprint logins, cold storage, FDIC-insured USD balances, AES-256 encryption for digital wallets
- Wallet: Yes
- Transactions Supported: Buy, sell, send, receive, and exchange
- Max. Daily Trading Amount: Limits vary based on your payment method and region
- Mobile App: iOS and Android
- Low trading fees for high volume traders
Strong security measures
Advanced trading features
- Slow customers support
Not the cheapest in fees
Not suitable for beginners
Head to Head Comparison
 |  |  | Binance Advantage | Coinbase Advantage |
|---|---|---|---|---|
| Top 10 Rating |  |  |  | |
| Number of Coins supported | | |||
| Ease of Use (Beginners) |  | | | |
| Features (Advanced traders) | | | = | |
| Available Apps |     | | = | |
| Countries Supported | | |||
| US Supported | | | | |
| Countries Restricted | | |||
| Wire Deposit | | | = | |
| Credit/Debit Card Deposit | | | = | |
| Crypto Deposit | | | ||
| SEPA | | | ||
| P2P | | | ||
| PayPal | | | ||
| Deposit Fees | 2% for credit card deposits | 3.99% for credit card deposits ACH Free PayPal | | |
| Bank Withdrawals Fees | 2% on fiat withdrawals | ACH (free), Wire USD ($25), SEPA EUR (0.15EUR), Swift GBP (1GBP) | | |
| Maker Trading Fees* Starting | | |||
| Maker Trading Fees* up to | | |||
| Taker Trading Fees* Starting | | |||
| Taker Trading Fees* Up to | | |||
| KYC Requirements | KYC for full access | KYC for full access | = | |
| KYC Requirements To trade |  | | = | |
| Transfer to Personal Wallet | | | = | |
| Margin Trading | | | = | |
| Staking Option | | | = | |
| Sign-up bonus | Deposit $50 and get $100 cashback | Sign up to Coinbase and get $10 after your first trade. | | |
| Get started today |  | | ||
| Advantages Tally | ||||
Methodology
Binance and Coinbase Pro share 9 similar advantages, yet differences exist. First, we evaluated both platforms by looking at the advantages each platform provides, whether it is through their application or web platforms, such as tutorials and guides for beginners, advanced features for experienced traders, fees associated with trading and withdrawal, and the signup bonus you can claim today.
Verdict: While we see great potential and foundation in both exchanges, Binance stands out as its offers all the tools you need to get started with minimal fees.
at Binance
at Coinbase
