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Coinbase vs binance2/28/2023 It has much better UX than Binance and is incredibly user-friendly, making it straightforward for traders of all experience levels. It takes some time to get used to the layout and how the platform works, but once you’re familiar with it, there are many beneficial functionalities for advanced traders and access to real-time data.Ĭoinbase is better for beginners. It’s not super user-friendly and can be overwhelming for beginner traders. Coinbase: overall platform qualityīefore getting into the nitty-gritty, let’s look at the overall quality of both the Binance and Coinbase platforms for Canadians.īinance is a complex and advanced cryptocurrency trading platform. If you’re interested in trading on one of these two platforms, then it’s essential that you’re aware of how they compare to each other and what they offer to Canadians so you can make an educated decision. Still, many Canadians are interested in trading on the platforms due to their global reputations, range of functionalities and access to more altcoins. Due to regulatory issues, Binance is not available in Ontario, and neither platforms allow you to fund your account with Canadian dollars. Coinbase? Which one should Canadians pick?īoth Binance and Coinbase have some limitations when it comes to Canadian traders. By trading volume, Binance holds the top spot executing 1.4 million transactions per second and $85 billion US per day. Binance and Coinbase are the two largest cryptocurrency exchanges in the entire world, and while neither of them are Canadian-based, they both offer trading options for Canadians.
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