Coinbase and Binance are both popular platforms for buying, selling, and trading cryptocurrency, but they have some key differences.
Coinbase is a US-based company that operates in over 100 countries and offers a simple and user-friendly platform for buying and selling Bitcoin, Ethereum, Litecoin, and other major cryptocurrencies. It’s a regulated platform, which means that it’s compliant with various laws and regulations, and it’s considered one of the most secure and reliable platforms for buying and selling cryptocurrency.
Binance, on the other hand, is a Malta-based company and one of the largest crypto exchanges in the world in terms of trading volume. Binance offers a wider variety of cryptocurrencies to trade, including more niche and lesser-known coins. Binance also offers more advanced trading features and tools, making it a popular choice for experienced traders. Binance also has a separate platform for buying crypto with fiat called Binance.US which is compliant with US regulations.
In summary, Coinbase is considered more beginner-friendly and secure, while Binance offers a wider range of cryptocurrencies and advanced trading features.