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.
I'm not a user of coinbase pro exchange. Binance exchange always a good exchange for me. Some top exchange like kucoin or gate exchange withdraw fee also big than Binance. Even you can use Binance exchange without complete KYC but in Bittrex exchange is not possible.