Binance US and Coinbase are two of the most popular digital currency exchanges available today. So, which one is cheaper Let’s compare the fees of each exchange to find out.
Binance US has a trading fee of 0.1% for both maker and taker orders.
Coinbase, on the other hand, charges a flat fee of $4 for taker orders and nothing for maker orders. So, if you’re a high-volume trader, Binance US is the cheaper option.
However, Coinbase has lower fees when it comes to deposits and withdrawals. Binance US charges a deposit fee of $5 for ACH transfers and 2.5% for credit/debit card transfers.
NOTE: Warning: Binance US and Coinbase are two separate entities. While there may be differences in the fees associated with each platform, it is important to do your own research to make sure you are getting the best deal for your specific needs. Additionally, it is important to understand the risks associated with cryptocurrency exchanges and trading before engaging in any activities.
Coinbase doesn’t charge any deposit fees for ACH transfers and just 3.99% for credit/debit card transfers.
When it comes to withdrawals, Binance US charges a flat fee of $25 for wire transfers and 2.5% for credit/debit card withdrawals. Coinbase doesn’t charge any withdrawal fees for wire transfers and just 3.
99% for credit/debit card withdrawals. So, if you’re looking to withdraw your digital currency holdings, Coinbase is the cheaper option.
Overall, it depends on your trading activity as to which exchange is cheaper. If you’re a high-volume trader, Binance US is the better option.
However, if you’re looking to make deposits or withdrawals, Coinbase is the better choice.
6 Related Question Answers Found
There are a few key differences between Binance US and Coinbase Pro that will likely result in one being cheaper than the other for different types of investors. The first is that Coinbase Pro charges more for both maker and taker fees, whereas Binance US has lower fees for both. The second is that Coinbase Pro requires a minimum deposit of $100, while Binance US does not have a minimum deposit requirement.
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