Which platform has lower fees, Coinbase or Binance?

Between Coinbase and Binance, Binance generally has lower fees. Binance charges a standard 0.1% trading fee, which can further be reduced based on the trading volume or if users pay with Binance’s own token, BNB. In contrast, Coinbase's fees are higher and more complex; the platform charges a spread of about 0.50% for cryptocurrency purchases and sales, but the fees can also vary depending on the user’s location, payment method, and other factors. Additionally, Coinbase Pro offers a different fee structure designed for more experienced traders with tiered trading fees that reduce as the user’s 30-day trading volume increases, but even these tend to be higher than Binance’s fees. Therefore, for users primarily concerned with trading fees, Binance is typically the more cost-effective option.