Is Coinbase the same as Binance?

Instead, U.S. residents must use Binance.US, its spin-off platform compliant with U.S. financial regulations. While the two crypto exchanges are quite similar, Binance.US has slightly more limited functionality and coin offerings. Coinbase, likewise, is not quite as straightforward as it seems.

Is Coinbase a Securities Exchange?

The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities and which should have been registered, while on Monday it also accused Binance, the world's largest cryptocurrency exchange, of offering 12 cryptocurrency coins without registering them as securities.

How do I earn interest on Coinbase & Binance?

Coinbase and Binance allow users to earn interest by staking their crypto to help verify transactions on their respective currencies’ blockchains. Interest rates vary by crypto. To access the full breadth of resources available on Binance.US and Coinbase, you must prove your identity through a Know Your Customer (KYC) process.

Is Binance a US exchange?

Binance is not available for customers based in the U.S. Instead, U.S. residents must use Binance.US, its spin-off platform compliant with U.S. financial regulations. While the two crypto exchanges are quite similar, Binance.US has slightly more limited functionality and coin offerings.