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Topic: Does Coinbase Have More Users Than Binance? (Read 790 times)

member
Activity: 812
Merit: 10
BountyMarketCap
August 06, 2019, 06:02:18 PM
#78
I am not sure which among them has mire users but definitely binance has the bigger volume and trading transactions among the two and regarding coinbase i think it should come up as a truly global crypto solution provider because even as of now their bank to wallet and vice versa transactions are allowed in only few countries and regions.
sr. member
Activity: 1344
Merit: 288
Although we don't have exact figure,  but in my opinion Binance will have more users than coinbase,  because coinbase is kinda restricted to some countries but Binance is not restricted and Binance has lots of coin to trade on unlike coinbase
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I think that more important index is what is daily trading volume.
And according to website: openmarketcap Binance has 4 times higher trading volume than Coinbase pro.
Daily trading volume could also reflect the active users in that exchange although that's not accurate but alteast that could provide additional informations.
However, it is obvious that Binance has higher users because the IEO they did attract so many people to join their exchanges.
full member
Activity: 924
Merit: 106
homt.net
I think that more important index is what is daily trading volume.
And according to website: openmarketcap Binance has 4 times higher trading volume than Coinbase pro.
full member
Activity: 924
Merit: 100
I don't know for sure about that, I also use both, but what I see is binance gives me more advantages than coinbase, every exchange has advantages and disadvantages so in my opinion there is no point in discussing users Grin
full member
Activity: 700
Merit: 100
what I know from the information and knowledge gained from Google and the web turns out that binary coins have more visitors than base coins and people are more familiar with binance and are more popular and first at altcoins because it's easier to find. and the price is also better than the base coins on it. And people believe more in this situation.
member
Activity: 120
Merit: 38
It's a surprise that Coinbase has more users than Binance since it's only available in a few countries. However I doubt if Coinbase has more active users than Binance and despite all that facts, Binance is still the largest exchange in the world. If Coinbase can expand its trading pairs to the same number as Binance, it's difficult to say which one has greater volume.
full member
Activity: 994
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Official Street Team member
Coinbase is a Bitcoin wallet launched in 2012 while Binance is an exchange launched in 2017, I think it's natural that Coinbase has more users
hero member
Activity: 938
Merit: 500
https://youengine.io/
yes coinbase also exchange but much different from Binance. Now some exchange has the highest volume from Binance, another Coinbase is as wallet and to real money.
I didn’t even think that coinbases have more real trading volumes than Binance. And what are the basic trading fees?
member
Activity: 420
Merit: 10
I just saw one news that Coinbase recorded about 8 Million new users within one year. Also that Coinbase have about 30 Million users since its launch in 2012. news here: https://www.cryptoinformers.info/news/204-about-8-million-new-users-joined-coinbase-within-one-year

Do you think Binance have up-to 30 Million users compare to what Coinbase have?
I think the exchange finance is now much more popular than all the other exchanges and even wallets , as this exchange is very large liquidity and I think that coinbase is more focused on American users.
full member
Activity: 644
Merit: 101
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I just saw one news that Coinbase recorded about 8 Million new users within one year. Also that Coinbase have about 30 Million users since its launch in 2012. news here: https://www.cryptoinformers.info/news/204-about-8-million-new-users-joined-coinbase-within-one-year

Do you think Binance have up-to 30 Million users compare to what Coinbase have?

Active users are different than the registered users coinbase was incorporated in 2012 one thus it have the edge of being old while binance was made in 2017. i will prefer binance over coinbase because it offers more liquidity than coinbase plus it only list coins with good team and a solid project
hero member
Activity: 2534
Merit: 586
I don't know for sure about that, I also use both, but what I see is binance gives me more advantages than coinbase, every exchange has advantages and disadvantages so in my opinion there is no point in discussing users Grin
Everyone will surely prefer Binance right now over coinbase, coinbase was one of the most popular exchange then before Binance came to take people’s mind away from it. So many people may have registered on them before Binance and more exchanges came into existence, and the fact that some people have stopped using the exchanges would not mean that the figure of their registered user would decrease.

It is not about the numbers of users registered on them, it is about the number of active users that they have, and moreover, coinbase is almost 5 years older than Binance, Binance was launched in 2017, and if by 2019 their figure is already this high, you can now imagine what the figure would be in another 5 years’ time. I think Binance has more active users than coinbase.
full member
Activity: 560
Merit: 101
For now binance is still the best exchange in the world and also the binance is used more than coinbase even though now they are almost the same in trading but in my opinion the best and most users are still at the moment
jr. member
Activity: 296
Merit: 1
Coinbase appears earlier than binance. So if you look at it in terms of users, of course coinbase has more users than binance, but I think binance also has a lot of users and I'm sure one day Binnance will have more users than now. because binance is a big exchange
legendary
Activity: 1904
Merit: 1277
It's not really comparing the same thing. Most people probably use coinbase to convert between crypto and fiat, but use Binance more for crypto to crypto trading. I do't really think a user comparison say much about either of them. Coinbase is a big crypto/fiat gateway, Binance is a big exchange.
sr. member
Activity: 812
Merit: 250
Binance is likely to have less users. But those users that are now - rich. Binance has huge trading volumes and today they are increasing the growth rate .
hero member
Activity: 966
Merit: 502
Maybe Coinbase has more users because of the age difference between the two companies in question as Binance (though the biggest exchange at the moment) is younger. But I rate Coinbase higher than any exchange in cryptocurrency because of its pioneering role in championing the cause of cryptocurrency adoption across the globe. I mean, I have been able to purchase a service online with Coinbase as third party at it was efficient in delivery
hero member
Activity: 1458
Merit: 509
I didn’t even think that coinbases have more real trading volumes than Binance. And what are the basic trading fees?
what already offered by coinbase is very similar to binance but binance has more feature compared with the coinbase like binance use its own chain and launchpad feature. The basic trading fees is a basic fees that charger by the exchange site itself without using the utility token that can provide the discount. Binance has more users than coinbase.
member
Activity: 375
Merit: 10
Coinbase is one of the big Exchange in crypto, I think from 2012 there are already, then the number of 30 million users is not extraordinary, speaking of binance, I see binance has a stronger market, then the possibility of binance through Coinbase is very reasonable, especially with BNB appears, then binance will be pushed even stronger.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
We don't know about that, and we could only predict and guess because I am sure coinbase or binance will not tell the real number to us. But that is not a problem as we have a different favorite website to trade and I am sure that people will choose their website by themselves. But binance have a chance to become bigger than now if they can reach more customer from all countries.
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