Quote from: CryptopreneurBrainboss on Today at 04:30:34 AM

Seems you're not inform on the recent development with Binance exchange, they're also facing some regulation which seems to be the reason behind the recent policy of completing KYC verification before you can have full access to the platform.

There's isn't much much difference both exchange in tends of regulation this days. Binance exchange was the ideal exchange as they were less complicated but of recent that haven't been the story.

Coinbase is only accessible to US and few other limited country while binance is accessable to a larger range of country. Binance is now like the Coinbase of the regions coinbase aren't accessable as there's no much different now when it comes to the regulations. If this new development wasn't triggered by the authorities then binance must be planning something big for them to embark on mandatory KYC for their customers.

I would say that there are still a bit of differences. Coinbase lets IRS know what you are doing, so you are forced to pay your taxes on whatever you do in Coinbase. Whereas I can do whatever I want in binance and nobody has to know, I could let them know if I want no trouble, but if I want to avoid it then I could. Plus, you could still do stuff in Binance without verification, or at least too much of it, but it will not be a big amount, if you want over few hundred dollars then you will have to deal with KYC.

In any case, I feel like Binance is much better, plus I can send money to my bank account from Binance whereas Coinbase would be impossible for me, yet it is rarely impossible for anyone to use Binance. All in all if we were to say "they are both exchanges" then yes we can find similarities, however the reality is that we have even more difference between those two than binance vs uniswap.