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Author Topic: Does Coinbase Have More Users Than Binance?  (Read 750 times)
kickdapa
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August 04, 2019, 08:58:02 PM
 #41

I think Coinbase has more users than Binance. Coinbase is here since 2021, I have been using it from late 2013! Binance on the trend from the end of 2017, they have huge trading volume than any other exchange, but still, coinbase seems to have more users.

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August 04, 2019, 09:17:34 PM
 #42

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 am not sure about the users. But when it come to volume, binance tops the chart. Even today they released a note in that.

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August 04, 2019, 09:19:12 PM
 #43

Coinbase still not open in many country, i mean you can use it as your wallet.
but in my country everytime i access trade tokens it always says not available to your country.
I hope they can open it to all, as for now i think BINANCE still ahve the numbers due to this issue!
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August 04, 2019, 09:26:56 PM
 #44

When you are compelled to obey all of Government's restrictions/regulations and are still able to get 8 million users in just a year,I think that is a feat binance will not be able to achieve under similar environment. I doubt if they do have as much users.
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August 05, 2019, 04:20:45 AM
 #45

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?

30 million accounts don't mean they all trade on Coinbase, because I know a lot of people choose Coinbase to store their Bitcoin. As for Binance, I don't know how many accounts are available but I'm sure the volume volume on Binance is always more than Coinbase
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August 05, 2019, 07:31:25 AM
 #46

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?

30 million accounts don't mean they all trade on Coinbase, because I know a lot of people choose Coinbase to store their Bitcoin. As for Binance, I don't know how many accounts are available but I'm sure the volume volume on Binance is always more than Coinbase

Daily binance transactions are currently greater than coinbase. Maybe there are more coinbase members but if you look at the number of transactions, I think the binance more bigger. For exchangers, the number of members who register is not a measure because the exchanger gets money from every transaction made by investors

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August 05, 2019, 11:28:00 AM
 #47

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?

30 million accounts don't mean they all trade on Coinbase, because I know a lot of people choose Coinbase to store their Bitcoin. As for Binance, I don't know how many accounts are available but I'm sure the volume volume on Binance is always more than Coinbase

Coinbase primarily caters to European customers and that makes the exchange always average trading volume but this can be considered the best investor protection exchange so Coinbase always has Great trust of investors. At this point Binance is dominating this market but the security of this exchange is still very poor so in the near future Binance will soon be replaced by a better exchange.

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August 05, 2019, 12:51:08 PM
 #48

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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August 05, 2019, 01:49:20 PM
 #49

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.

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August 05, 2019, 02:27:44 PM
 #50

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.
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August 05, 2019, 03:42:22 PM
 #51

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

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August 05, 2019, 05:34:49 PM
 #52

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 .
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August 05, 2019, 05:51:09 PM
 #53

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.






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August 05, 2019, 06:10:21 PM
 #54

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
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August 05, 2019, 06:14:58 PM
 #55

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

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August 06, 2019, 02:49:26 PM
 #56

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.

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