CMC data shows that Coinbase and Binance rank as the top two cryptocurrency exchanges in terms of trading volume and liquidity. Both platforms are well-known, but they have significant differences that can impact your trading experience. This comparison of Coinbase and Binance will look into crucial differences such as fees, available cryptocurrencies, security, and user experience. By considering these factors, you can determine which cryptocurrency exchange suits your requirements most effectively. Main Points: Coinbase has more than 110 million verified users and offers approximately 240 cryptocurrencies for trading, while Binance has over 230 million users and supports over 400 cryptocurrencies. Binance has a trading fee of 0.1% for makers and takers on spot trades, whereas Coinbase’s fees can go up to 0.6%, making Binance considerably more affordable for most transactions. Coinbase keeps 98% of user funds in cold storage and is regulated in the U.S., providing a sense of security, while Binance operates in a more complex regulatory environment but employs features like multi-factor authentication and SAFU funds. Additionally, Binance offers up to 125x leverage on futures trading, whereas Coinbase has recently entered this market with a maximum leverage of only 4x. A quick comparison between Coinbase and Binance. Binance Coinbase. Established in 2012 and 2017. User Base More than 110 million confirmed users Over 230 million users. Supported Cryptocurrencies: Over 240; Over 400.