Other fees are more dependent on your method of payment - ACH transfers are free, while using a bank account or USD Wallet incurs a 1.49% fee, and using a credit or debit card incurs a 3.99% fee. In addition, Coinbase charges a spread-based fee of 0.50%. Note that transactions over $200 incur a percentage-based cost rather than a flat price. In contrast, Coinbase charges a fixed fee based on the value of your transaction: $0.99 for transactions under $10, $1.49 for transactions between $10 and $25, $1.99 for transactions between $25 and $50, and $2.50 for transactions between $50 and $200. For orders exceeding this threshold, a transaction fee of 0.5% (for transactions up to $10,000) and a convenience fee are assessed. Transactions under $200 incur a fixed charge ranging from $0.99 to $2.99 on Coinbase. Transferring fiat from a bank account is free, although Binance imposes a fee of 1.8% of the trade value on the main exchange and 4.5% on Binance US for debit card transactions. This cost decreases inversely with the size of the order. Under the maker/taker structure, Binance charges 0.10% for trades under $50,000. Therefore, together with the volume, the type of transaction determines the fees. Fee Structuresīinance and Coinbase both calculate their fees using a maker-taker fee scheme. Moreover, the number of popular coins listed on Coinbase is sufficient for novice and risk-averse investors. All major coins, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Solano (SOL), are available for Coinbase’s users to easily purchase, store, or trade.Īlthough Binance supports more cryptocurrencies than Coinbase, US-based users can only access nearly 100 kinds of cryptocurrencies. They pay attention to client demand by listing new coins that surpass a specific volume level on decentralised exchanges. On its retail and institutional platforms, Coinbase presently supports over 182 major cryptocurrencies. Seasoned crypto traders may prefer Binance, which offers several trading options for cryptocurrencies and tokens with low market caps. Binance US supports over 100 tokens for US investors at the time of writing. However, it is crucial to note that the Binance US trading platform provides fewer assets owing to legal constraints.

Over 600 cryptocurrencies are listed on Binance’s global platform, making it a large crypto exchange worldwide. Binance is available in more than 180 countries worldwide. Due to the United States’ more stringent local jurisdictional rules, they had to form a branch, Binance.US, for American customers. Binance is now the largest cryptocurrency exchange by daily trading volume. Intuitive platform, a digital wallet, Paypal withdrawals, etc.Ĭhangpeng Zhao, a Chinese-Canadian developer, and entrepreneur, established Binance in 2017. Low fees, diverse charting options, more coins supported, etc. Bank transfer, SEPA, Bank card (VISA) & SWIFTīank transfer, SEPA, wire transfer, debit card, Faster Payments, 3D Secure Card & PayPalĢFA verification, device management, FDIC-insured USD balances for Binance.US, whitelisting, cold storageĢFA verification, biometric fingerprint logins, cold storage, FDIC-insured USD balances, AES-256 encryption for digital wallets

Coinbase vs binance fees