How does Binance US compare to Coinbase in terms of fees and transaction costs?

3 answers

• Udhav NegiJul 04, 2021 · 4 years ago
  Binance US and Coinbase are two popular cryptocurrency exchanges, but they differ in terms of fees and transaction costs. Binance US generally offers lower fees compared to Coinbase. Users can benefit from lower trading fees, withdrawal fees, and deposit fees on Binance US. However, it's important to note that fees may vary depending on the specific cryptocurrency being traded. It's recommended to check the fee structure on both platforms before making a decision.
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• Karan AgarwalSep 22, 2021 · 4 years ago
  When it comes to fees and transaction costs, Binance US is often considered more cost-effective than Coinbase. Binance US offers competitive trading fees, which can be further reduced by using the Binance Coin (BNB) to pay for fees. Additionally, Binance US has a tiered fee structure that rewards high-volume traders with lower fees. On the other hand, Coinbase has a straightforward fee structure but generally charges higher fees compared to Binance US. It's advisable to compare the fees for specific cryptocurrencies on both platforms to determine which one offers better rates for your trading needs.
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• Shubha Gita KNov 25, 2021 · 4 years ago
  As an unbiased third-party, it's important to note that Binance US generally offers lower fees and transaction costs compared to Coinbase. Binance US has gained popularity for its competitive fee structure, which includes lower trading fees, withdrawal fees, and deposit fees. However, it's always recommended to compare the fees for specific cryptocurrencies on both platforms, as fees may vary depending on the market conditions and the type of transaction. It's also worth considering other factors such as user experience, security, and available trading pairs when choosing between Binance US and Coinbase.
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