Binance US Vs. Coinbase Pro: BEST US Exchange?? ?

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0:00 Intro

1:39 About Binance US & Coinbase Pro

4:16 Are They Safe?

8:07 Supported Cryptos

9:03 Deposit Methods

9:45 Supported States

10:33 Fees

15:00 What To Know

16:07 How To Trade?

18:01 Support

18:51 Apps & APIs

19:27 Outages

20:01 Final Thoughts


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? ? Helpful Links ? ?

? BAM Trading Company Info:

? Coinbase Pro Fees:

? Binance US Fees:

? Binance Security Breach:

? Coinbase Pro Supported Cryptos:

? Binance US Supported Cryptos:


? Overview ?

Finding the best crypto trade is usually a daunting course of. Thats significantly true in case you are a US citizen.

?About Binance US & Coinbase Pro?

Coinbase Pro relies in San Francisco and has acquired greater than 35 million customers, processed $220 billion in buying and selling quantity and companies over 100 international locations. It additionally has safeguarded $7 billion in institutional belongings since 2013.

The very first thing to know is that Binance US is a separate trade to BAM buying and selling companies function this trade and I might solely discover very restricted details about them. However, it does seem that legendary Binance founder CZ has a stranglehold on this US operation.

? Are They Safe? ?

Coinbase Pro makes use of the identical safety protocols as Coinbase. 98% of funds are saved in chilly storage and personal keys are saved in secure deposit containers. US customers get pleasure from FDIC insurance coverage on USD balances and thats good for as much as $250ok.

Binance US additionally has FDIC insurance coverage. However, you may know that bought hacked in 2019. We can infer from that incident that the trade holds 98% of person funds in chilly storage. Additional phishing protections had been deployed after the hack and the trade additionally has the SAFU insurance coverage fund as effectively.

?Supported Cryptos ?

Coinbase Pro helps 31 cryptos, whereas Binance US helps 41.

? Deposit Methods ?

? Binance US: Debit card, home wire & ACH.

? Coinbase Pro: ACH, wire and PayPal for withdrawals.

Both exchanges assist crypto deposits and withdrawals.

? Supported States ?

? Coinbase Pro: Supports each state besides Hawaii.

? Binance US: Blocked states embrace Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont & Washington.

? Fees ?

ACH deposit charges are free on each exchanges. However, if you wish to use a wire or debit card then Binance US goes to be barely cheaper.

One factor to pay attention to is that Coinbase Pro has no withdrawal charges and on Binance US, youll pay a variable price primarily based on the crypto you withdraw.

When it involves buying and selling charges, Binance US is 5 instances cheaper, charging a most price of 0.1%.

? Things To Know ?

With Coinbase Pro, you might want to create a daily Coinbase account first.Your Coinbase login and password shall be precisely the identical on your Coinbase Pro account and also you simply must switch funds

Coinbase Pro verification is as straightforward as taking a selfie and submitting an ID doc. Binance US has three steps of verification which can take about 10 minutes to finish.

? How To Trade? ?

Watch my vid to learn to try this!

? Customer Support ?

Both exchanges use e-mail assist tickets. However, Binance US response instances are considerably higher.

? Mobile Apps & APIs ?

Both exchanges have cellular apps, APIs and are suitable with a plethora of buying and selling bots.


? Disclaimer ?

The info contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Trading Forex, cryptocurrencies and CFDs poses appreciable danger of loss. The speaker doesn’t assure any specific final result.

#coinbase #binance #bitcoin #cryptocurrency #trade #buying and selling #us

Binance US Vs. Coinbase Pro: BEST US Exchange?? ?

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