You could get a custodial wallet with both exchanges, meaning that your cryptocurrencies are kept on the exchange for ease of use. If you’re looking to learn how to invest money in cryptocurrencies, both Coinbase Pro and Binance.US offer useful tools, including real-time charts and upgraded trading tools for advanced traders. What both cryptocurrency exchanges excel at These fees could be even lower, as traders are able to get a discount on fees by holding Binance coin (BNB), the exchange’s native coin. An additional reason advanced traders may enjoy Binance.US is its relatively low fees. It’s also possible to keep your cryptocurrencies on the Binance.US exchange as it offers a wallet option.īinance.US also offers staking, allowing you to earn interest when you hold certain coins. Binance.US offers spot trading and a variety of order types that experienced traders could use. However, it’s still a reasonably popular cryptocurrency exchange. Binance.US has a much smaller trading volume than Binance, as well. While Binance.US offers advanced trading and charting tools to crypto enthusiasts, the list of cryptocurrencies on the exchange is much more limited than what’s available on the main Binance exchange. users, claiming regulatory concerns, and launched Binance.US. In 2019, Binance restricted its services for U.S. One missing element on the exchange is it doesn’t have its own native coin.īinance CEO Changpeng Zhao created Binance.US as a separate company and exchange from Binance, its parent exchange. The trading platform also uses two-factor authentication to secure your account further.Īdditionally, Coinbase Pro offers access to a wide knowledge base of educational articles and other tools that you can use to learn more about trading. Coinbase Pro does support cold storage, which allows you to keep your cryptocurrencies completely offline for additional security. Unlike the Coinbase parent platform, the Pro version doesn’t allow you to earn rewards through staking crypto. This is a wallet that is always connected to the internet. With Coinbase Pro, you have access to a hot wallet, such as the Coinbase wallet. But you can still trade other eligible pairs. dollar (SUSHI/USD), aren’t available in the state of New York. Some pairs of cryptocurrencies and fiat currencies, such as sushiswap (SUSHI) against the U.S. In addition to the ability to buy, sell, and trade cryptocurrencies, Coinbase Pro also offers specific cryptocurrency trading pairs. Originally called GDAX, Coinbase Pro offers crypto traders access to advanced trading tools, including real-time charting and a wider variety of order types compared to Coinbase. CoinMarketCap consistently ranks Coinbase highly based on trading volume, liquidity, and confidence levels. Coinbase is one of the largest cryptocurrency exchanges and lists on the Nasdaq exchange. There are some differences between Coinbase versus Coinbase Pro that could be important to be aware of. $2.78 billion as of April 2022 (for both Coinbase and Coinbase Pro)Ĭoinbase Pro is the “advanced” version of the Coinbase exchange.
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