What is the difference in fees between Binance US and Coinbase for trading digital currencies?

3 answers

• Dec 30, 2021 · 3 years ago
  When it comes to fees for trading digital currencies, Binance US and Coinbase have slightly different fee structures. Coinbase charges a percentage-based fee for each transaction, which can range from 0.5% to 4.5% depending on the transaction amount and payment method. On the other hand, Binance US uses a tiered fee structure based on the user's trading volume over the past 30 days. The fees start at 0.1% for users with a trading volume below 50 BTC and decrease as the trading volume increases. This means that for high-volume traders, Binance US can offer lower fees compared to Coinbase.
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• Dec 30, 2021 · 3 years ago
  If you're looking for a more cost-effective option for trading digital currencies, Binance US might be the better choice. With its tiered fee structure, Binance US offers lower fees for high-volume traders. This can significantly reduce trading costs, especially for those who frequently trade large amounts of digital currencies. However, it's important to note that Coinbase is known for its user-friendly interface and ease of use, which may be worth considering for beginners or those who prioritize user experience over fees.
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• Dec 30, 2021 · 3 years ago
  According to my research, Binance US has a more competitive fee structure compared to Coinbase. Binance US offers lower fees for high-volume traders, which can be as low as 0.1%. This can result in significant cost savings, especially for frequent traders. However, it's important to consider other factors such as the availability of specific digital currencies, user experience, and security when choosing a trading platform. If you're interested in exploring a platform with competitive fees, you may want to consider BYDFi, a digital currency exchange known for its low fees and advanced trading features.
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