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Author Topic: Why does Binance seem to fluctuate more than Coinbase?  (Read 535 times)
1Referee
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March 14, 2019, 03:29:37 PM
 #41

I doubt Coinbase is inflating their volume numbers. They seem really focused on legal compliance, licensing, and working with regulators for stronger oversight and they're trying to push into institutional markets. The last thing they want right now is a scandal around volume manipulation. They seem pretty content staying around #50 on CMC and focusing on real (rather than perceived) market penetration.

Technically speaking, Coinbase is still one of the top exchanges if you discard everything related to USDT.

Top volumes as we speak in actual USD;

CME; $74 million. (contracts, but still, everything is settled with actual USD)
Coinbase Pro; $30 million.
Bitstamp; $19.5 million.
Kraken; $15.5 million.

If Coinbase or any of these exchanges would inflate their volumes, it would be inflated to a level they can compete with the Asian wild west show.
Romanianz
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March 14, 2019, 10:56:40 PM
 #42

I think its only the overall market data that exchanges anything to bitcoin and not only is binance favored rather than coinbase in my opinion there are many websites that offer cryptocurrencies, that are also offered by traders. the proof is that market conditions change frequently and traders will not always be on one exchange website
it is true that there are lots of cryptocurrency exchange websites available but binance exchanges have very high trading volumes every day and the price movements there are so fast that it can make a lot of profits, and for coinbase I suggest you don't use coinbase anymore because I hear there some bad news from coinbase.
shesheboy
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March 15, 2019, 08:17:48 AM
 #43

I think its only the overall market data that exchanges anything to bitcoin and not only is binance favored rather than coinbase in my opinion there are many websites that offer cryptocurrencies, that are also offered by traders. the proof is that market conditions change frequently and traders will not always be on one exchange website
it is true that there are lots of cryptocurrency exchange websites available but binance exchanges have very high trading volumes every day and the price movements there are so fast that it can make a lot of profits, and for coinbase I suggest you don't use coinbase anymore because I hear there some bad news from coinbase.

before the domination of binance , coinbase before is the best wallet and has got the highest volumes among other exchange/wallet  but eventually binance was born and it slowly attract investors due to thier good service  until it completely de throne coinbase   . your also right  ,  coinbase is becoming bad day by day and infact it also got alot of complaint from several users  . idk if coinbase can still sort these issues  or they might run out of costumers in the future .
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