Start investing in cryptocurrency: Binance register
If you’re new to cryptocurrency or looking to choose between Binance and Coinbase, you’re probably wondering which one is bigger and safer. Both are popular exchanges, but each has its own strengths. Let’s break it down in simple terms!
1. Which Exchange is Bigger?
Binance is the larger of the two exchanges. It’s known as the world’s biggest crypto exchange by trading volume. Binance offers a wide variety of cryptocurrencies and features like futures trading, staking, and lending. It’s popular for more experienced traders because it has a lot of advanced tools.
Coinbase, on the other hand, is more beginner-friendly. While it has a smaller selection of cryptocurrencies compared to Binance, it’s still one of the largest exchanges in the US. Coinbase focuses on making crypto accessible to everyone, with an easy-to-use interface and simple buying process.
So, in terms of size, Binance takes the lead, but Coinbase is still huge in its own right, especially in the US market.
2. Which is Safer?
Safety is crucial when choosing a crypto exchange. Here’s a look at both:
Coinbase:
- Coinbase is highly regulated, especially in the United States, and is known for its strict adherence to laws. It’s also insured for digital assets stored in its custodial accounts.
- It has a strong reputation for security, with features like two-factor authentication (2FA) and cold storage for most of its funds.
Binance:
- Binance also has strong security features, including 2FA and cold storage.
- However, Binance has faced regulatory scrutiny in various countries, which might concern some users regarding its long-term stability in certain regions.
- It’s important to note that Binance has experienced hacks in the past, though they have made efforts to improve their security measures since.
In terms of safety, Coinbase is generally considered more secure, especially for beginners, due to its regulatory practices and insurance for digital assets. Binance is safe but has a bit more risk, especially for those unfamiliar with crypto trading.
3. Which One Should You Choose?
- If you’re a beginner: Coinbase is probably your best bet. It’s user-friendly, offers educational resources, and is highly regulated.
- If you’re an experienced trader: Binance offers a wider range of trading options and lower fees, making it more attractive to people who want more advanced tools.
Both platforms are solid, but your choice depends on your experience level and which features you value more.
In 2025, Binance is bigger, offering more cryptocurrencies and trading options, while Coinbase is safer and more regulated, making it a better choice for beginners. Consider what matters most to you—size or safety—when making your decision!