Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

binance bitcoin exchange coinbase coinbase vs binance crypto exchanges

Coinbase vs Binance: Comparing Two Popular Crypto Exchanges

Written By Ivan on Tech

Aug 16, 2020

Coinbase and Binance are both titans in the cryptocurrency exchange business. They are the two largest exchanges on the market right now, and primarily cater to people who are new to crypto. Those looking to buy Bitcoin for the first time often look to compare Coinbase vs Binance before making their purchase. Both offer an easy user experience, different displays, features, and offers.

In this article, we show you a complete review of both, to help you decide which one will be the best for you when you're first purchasing Bitcoin or other cryptocurrencies.

Centralized Exchanges

It's an important thing to note that both Binance and Coinbase are centralized exchanges, meaning they are run by a central organization.

Both exchanges offer a custodial service, whereby they keep hold of your private keys and funds for you in secure cold storage. This offers a seamless user experience, however, this also means that users technically do not own the coins, the exchanges do.

This goes against...

Continue Reading...
Close

Get our Free Ebook

Enter your email and we will send it to you!