![]() If you're not an advanced investor, however, Binance.US is still a good option for crypto trading and has overall lower fees. It may also be a better option for more advanced traders as the Kraken Pro version offers lower fees (regular Kraken charges a 1.5% fee for most cryptos and a 0.5% processing fee, whereas the Pro version charges up to 0.26%. Both Kraken and Binance.US offer services for individuals and institutions, and a range of cryptocurrencies.īut Kraken has the most range with more than 220 supported cryptocurrencies and is therefore the better option for investors looking to trade crypto. Like Binance.US and Webull, Kraken crypto account also offers cryptocurrency trading for popular assets like bitcoin, ether, litecoin, and dogecoin. It's also cheaper with no account minimum and commission-free options, stocks, and ETFs.īinance.US is still competitive, with traders only paying between 0%$ to 0.1% maker/taker fee and 0% fee bitcoin trading on eligible pairs. But if you're looking to invest in other assets - such as stocks, ETFs, options, and ADRs - Webull is a better fit. If you're solely set on trading crypto, Binance.US is your best option as it offers a much larger range of crypto assets (150+ cryptocurrencies) and a $10 investment minimum. However, they differ when it comes to fees, account minimums, and investment choices. Webullīinance.US and Webull Brokerage are both investment platforms that offer cryptocurrency trading for assets like bitcoin, ether, litecoin, and dogecoin. Read Our Review A looong arrow, pointing right Binance.US vs. ![]() If you don't think Binance.US is right for you - or the platform isn't available in your area - you can check out Insider's list of the best investment apps for a Binance.US alternative. It also offers fewer types of crypto than its parent platform, Binance, which it officially split from in 2019. In addition, unlike exchanges like Kraken, Binance.US doesn't offer margin accounts or futures trading. In 2022, the platform was launched in Louisiana, American Samoa, and Guam. You currently can't use Binance.US if you're a resident of Hawaii, Texas, New York, or Vermont. It offers crypto trading pairs (virtual assets that traders can exchange for each other), spot trading, staking rewards, secure storage, over-the-counter (OTC) trading, and more.īut there are some notable limitations. Similar to some of the best cryptocurrency exchanges out there, it is a secure investing platform with an accessible and secure platform, low fees, and market access. The investment platform currently supports bitcoin, dogecoin, ether, and more than 150 other popular cryptocurrencies. Formed in 2019 by Binance and BAM Trading Services, Inc., Binance is an online cryptocurrency marketplace offering trading digital coins and tokens. ![]()
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