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Coinbase vs Binance - What You Need to Know!
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- เผยแพร่เมื่อ 17 ส.ค. 2024
- In this video, I compare Coinbase vs Binance to see which one is the better cryptocurrency brokerage. To do this, I talk about the fees, features, mobile apps, and security of Binance vs Coinbase.
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First of all, let's take a look at the fees of Coinbase. Coinbase generally makes you pay a pretty high price in fees when you buy Bitcoin or other cryptocurrencies. You will pay a spread fee and then one other fee that depends on the amount of crypto you are buying.
On the other hand, Binance, specifically Binance US, has a much cheaper fee structure. You will give up less Bitcoin due to fees on Binance than on Coinbase, but this alone does not make Binance the better app. It's just one positive.
Next, I compare the features and the mobile apps of Coinbase vs Binance US. Coinbase is made for the beginner investor whereas Binance is for the experienced crypto trader.
Coinbase has an amazing app with a lot of cool features that everyone should find easy to use. This is different from Binance which has a more complicated platform, but a very good charting tool. In terms of Binance US vs Coinbase, this one definitely has the more in-depth cryptocurrency analysis.
However, security tells a different story. Binance may have cheaper fees and a more advanced trading system, but the company is riddled with regulatory issues and a shady reputation. Coinbase, also, is not an angel.
Nothing in this video should be taken as financial advice or any kind of advice. This video and everything I say in it is meant for informational and entertainment purposes only. Facts may or may not be true and could change after posting the video.
Overall, when comparing Coinbase vs Binance, all angles must be looked at. While Binance wins in a lot of ways, it probably does not win in terms of security and safety.
Hopefully you found this video helpful and if you did, then please...
LIKE AND SUBSCRIBE :)
Have a great day.
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If you want to earn interest on your crypto like I do, sign up for BlockFi using my referral link, deposit over $100 and we'll each get up to $250 of Bitcoin! blockfi.com/?ref=168dba84
Or get $10 of Bitcoin free with Coinbase when you buy $100+ of crypto! coinbase.com/join/wakema_rz?src=ios-link
Get one free stock with Robinhood - join.robinhood.com/josephw3417
Which is more safer with higher security features
blockfi verification does not work properly.
Now got coinbass one 29 month but fee trada
Been using binance for more than a year and didn't bothered to know about this information.. Thank you this was very informative!
Glad it was helpful!
I love the way that Coinbase allows you to purchase any crypto listed in the app directly from you card without buying bitcoin first. I think it’s a huge advantage for the beginners
Very thorough video. You seem highly intelligent and informed on each topic and being an Audio engineer and novice Video creator , very polished videos. Great job Sir.
Thanks man, thanks for watching!
Thank you for putting this video together for us. As a newbie to the crypto world your explanation was easy for me to follow and understand. It answered my questions and demystified the difference between coinbase and binance which until now has been confusing to me.
Happy it helped!
Definitely will be going with Binance based on this!
Thanks for watching!
Does it bothers you that it’s higher fees to take out money
It's strange that people continue to use Coinbase despite it being one of the most unreliable exchanges available right now.
Let’s gooo , just transferred half my portfolio to coinbase because I like the layout , I wanna see my portfolio in a stock market graph , might be regretting now cause converting on coinbase cost money but doesant tell you
I totally get wanting the graph. Thanks for watching!
You poor fool.
Very informative! thank you
Can't withdraw your money from binance.🚩🚩🚩🚩🚩
Those fees can add up
Me: Just about to invest my entire life's savings into Bitcoin on Binance. How's the security of Binance?
Joey: 8:39 "Both companies are PROBABLY safe"
Lol yup, not your keys not your coin
Safety first!!
Coinbase all the way
Invest in a secure platform and broker where you will not lose your funds. I'm new to trading, but i met Mr. Steven Kurt here on TH-cam where he teaches people to trade forex and stocks. which he guides me with a super platform and amazing strategy. I thought it was a scam, but finally I cashed my first $20,000 profit last week, he is very reliable and honest,he always tells me the actual time for buying and selling with 100 profit from his one-on-one master training...Stay bless
After my name 🔝 his 📧
Good info. Thank you.
Binance has fairly low fees, but the moment you want to take your coins elsewhere... big fees.
Unless you're a big fish, which I'm not.
I'll try a different one for now.
Yup. You really have to pay attention to those transfer fees
Well that's good to know!!!
buying crypto and holding for long period which one would u recommend?
Invest in a secure platform and broker where you will not lose your funds. I'm new to trading, but i met Mr. Steven Kurt here on TH-cam where he teaches people to trade forex and stocks. which he guides me with a super platform and amazing strategy. I thought it was a scam, but finally I cashed my first $20,000 profit last week, he is very reliable and honest,he always tells me the actual time for buying and selling with 100 profit from his one-on-one master training...Stay bless
After my name 🔝 his 📧
i sent my bnb“ BEP-2” from my wallet to the coinbase exchange there’s no anything to show me that the money can’t be sent or something To Warnin me i lost my money
Successful people don’t become that way overnight,most people see at a glance-wealth,A great career purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life
Isn't Coinbase under SEC investigation? I would not like to use an exchange with such dangers.
I am e beginner. Thanks for this information.
Thanks for watching!
What kind of massive investigations are on Binance? Does this mean it may be a future scam?
Perhaps you shouldn't dp cryptocurrency if you continue to believe in Coinbase given the number of lawsuits they are currently facing.
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