Hello. I am having a hard time understanding why anyone would use Coinbase Pro for trading compared to Binance. What am I missing?
Coinbase Pro's fees are 0.5% for transactions below $10k. Binance charges 0.1%, or 0.075% if you have BNB. So if you made a $5,000 trade you would pay a $25 fee on Coinbase Pro and a $3.75 fee on Binance. What am I missing here? Why would anyone trade on Coinebase over Binance? How can they be competitive charges such high fees? Thanks.
This should not be a Debate because i see binance definitely coming on top.
Trading fees apart, binance now provide fiats deposit and withdrawals for over 10 countries, add that to the binance futures trading, margin trading and also the binance savings program (formerly lending).
No exchange comes close to binance, coinbase definitely has its benefit to users, but binance is better