This is exciting to see and will further encourage existing exchanges to be competitive with listing new assets. Since Binance US launched only a year ago, the instant aggression with listing assets as quickly as possible shows that Binance is determined to bring a wide selection of assets to US customers.
BINANCE VS KRAKEN PRO PRO
Often, if Coinbase decides to list an asset it can result in a corresponding pump in price, along with the increased exposure to US customers.Īt the end of the day, although Coinbase Pro generally lists fewer assets than other exchanges, customers can expect that the assets which are listed are worthy of attention.Ĭoinbase Pro Asset Variety: 5/10 Binance USĬurrently, Binance US has 47 assets listed on the exchange. When it comes to asset selection, Coinbase Pro has a stellar reputation for picking the assets that have long-term viability in the market. In addition, Coinbase Pro has rarely been found to delist assets once they have been listed. As a result, Coinbase Pro rarely experiences difficulty or backlash from the community when listing a new asset. Coinbase ProĪt the time of writing, Coinbase Pro has 35 assets listed on the exchange.Įach asset listed on the Coinbase Pro exchange is carefully vetted by the Coinbase team. Investors in the crypto market have largely shown that they are willing to go to exchanges that have the largest variety of assets.
The available assets will determine how investors can allocate their capital. Asset Selectionīefore moving funds to an exchange, many traders will be wondering what assets are available for trading. Binance US is both more friendly towards small traders who don’t expect to execute more than $50k in trading volume, as well as whales who plan on executing north of $1B in trading volume each month.Įvery trader would fair better with the trading fee structure supported by Binance US.
The Binance US trading fees are far superior to Coinbase Pro in every way possible. Learn more about Binance US’s trading fees. The Binance US fee structure is unprecedented in the cryptocurrency market. The higher tiers pay as little as 0% maker fees and 0.015% taker fees.
BINANCE VS KRAKEN PRO FREE
This free feature drops your trading fees down to 0.075% with the only requirement being the holding of enough BNB to pay for the fees.īeyond the great starting rates, Binance US continues to drop the rates based on a customer’s 30-day trading volume or BNB balance. Starting off at a base rate of 0.1% for both maker and taker trades, customers can instantly save 25% by paying fees with BNB. Out of all the US-based exchanges, Binance US has one of the most (if not the most) generous trading fee tier structures. When it comes to origin stories, there are few that compare to the lore around Coinbase and Binance.īoth of these exchanges were founded by driven entrepreneurs who were ready to take risks to try something new. In the cryptocurrency market, philosophies can drive adoption, innovation, and sustainability. Background & OriginĮvery champion needs an origin story. Everything from trading fees, trading volume, and asset availability will be discussed throughout the article. Throughout the rest of this article, we will leave no stone unturned when comparing Coinbase Pro to Binance US.
Although exchanges that started outside the US have historically struggled to penetrate the US market due to the regulations, compliance, and branding difficulties, Binance should not be underestimated. With the introduction of Binance.US to the United States market in 2019, the competition among exchanges has been heating up.
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