Binance vs Coinbase - my take after using both

Hey, just dumping my thoughts because this comes up all the time and I’ve ended up utilizing both for some time now. May assist somebody decide one or at the very least know what they’re stepping into.

First thing: charges. Truthfully the most important difference for me. Binance is straight out all the time cheaper. Spot buying and selling charges are 0.1% by default. In case you pay with BNB it drops to zero.075%. Coinbase’s regular buy/promote charge is kinda brutal for those who’re not paying attention. They take an expansion plus a flat charge, so on small buys you’re paying like 1.5% to three% straightforward. For those who change to Coinbase Superior Commerce it’s higher. Around zero.four% maker and zero.6% taker, which continues to be much larger than Binance. So when you buy recurrently, that stuff provides up quick.

Cash: Binance has all the things. Huge coins, random new coins, meme cash, launch stuff, staking. Coinbase sticks to the protected record: BTC, ETH, ADA, SOL, a number of extra. So for those who’re just holding the primary ones, Coinbase does the job. Should you like looking for new coins, Binance is approach higher.

App & UI: Coinbase is tremendous clear, in all probability the simplest for rookies. Seems like a traditional banking app, really. Binance is busy at first, but that’s because it does so much extra. Spot, margin, futures, staking, earn, P2P. Once you get used to it, you kinda respect having it multi functional place.

KYC: In 2025 any legit change is gonna make you do KYC. It’s simply normal now. Passport, selfie, executed. I didn’t really have problems with both one.

Staking/Earn: Binance is best right here too IMO. A great deal of staking choices: versatile, locked, launchpool. Good for those who wanna park some cash and make a bit additional. Coinbase does staking too, but charges are often lower. Works wonderful for those who just wanna maintain it simple though.

Money in/out: I often move crypto from Revolut or my bank, no issues there. Binance has P2P which is useful if your bank doesn’t like crypto stuff. Coinbase is sweet for PayPal cashing out in some nations, but again, you pay for it within the charges.

So yeah, my take is fairly easy. In the event you just wanna purchase some BTC or ETH and never overthink it, Coinbase is ok. If you need lower fees, more cash, staking, and don’t thoughts an app with extra happening, Binance wins straightforward.

That’s about it. I bounce between both typically but principally keep on with Binance now because I hate paying additional charges for no cause.

For those who’re right here you in all probability lean Binance anyway, however do you ever bounce back to Coinbase?