How does Binance compare to Coinbase in terms of fees and security?

1 answers

• Dec 19, 2021 · 3 years ago
  Binance and Coinbase are both well-known cryptocurrency exchanges, but they have different fee structures and security measures. Binance offers a tiered fee structure, which means that the more you trade, the lower your fees will be. On the other hand, Coinbase charges a flat fee per transaction, regardless of the trading volume. In terms of security, both exchanges have implemented measures such as two-factor authentication and cold storage for user funds. However, Binance has experienced a security breach in the past, while Coinbase has a stronger reputation for security. When deciding between the two exchanges, users should consider their trading habits, fee preferences, and the importance of security.
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