vs Binance: Difference and Comparison

The Crypto market is on fire. From Bitcoin to Ethereum and XRP, every token is surpassing new records making common people billionaires. It’s quite visible, though, that the market cap crossed $ 1 TN, and Bitcoin contributed more than half of the total.

Various exchanges allow users to trade these coins. Crypto firms and Binance are some major exchanges. However, they are not the same.

Key Takeaways

  1. offers a wider range of financial services, including loans and credit cards, while Binance mainly focuses on cryptocurrency trading.
  2. The transaction fees on are lower than Binance, making it a more cost-effective option for traders.
  3. Both platforms have native tokens. The staking and rewards programs differ, with offering more incentives for holding and using its token. vs Binance

The difference between a Crypto firm and Binance is that a crypto firm supports only 87 coins, while Binance supports around 200 tokens. Also, if we compare the prices, charges, and other taxes, charges a levy more fee than Binance. The crypto firm is less popular than Binance as Binance has the most market volume leading the top position in comparison. vs Binance is one of the famous cryptocurrency exchanges in India that was founded in the year 2016. With the integrated system and supporting various coins, it makes one of the preferred exchanges by the people.

Consisting of a team of 900 members and users of around 10 million, it makes the crypto firm a leading firm across the world.

Binance, on the other hand, is the world’s best Cryptocurrency exchange facilitating users with more than 200 tokens and more than 500 Altcoins. Founded in the year 2017, it was founded by Changpeng Zhao Yi He.

It covers most parts of the world except the United States. Also, Binance is the largest cryptocurrency exchange in the world in terms of trading volume.

Comparison Table

Parameters of ComparisonCrypto.comBinance
Largest by areaThis exchange isn’t the largest by area in the world.Binance is the largest by area in the entire world.
FoundationIt was founded in the year 2016.It was founded in the year 2017.
Founding was founded by co-founder Kris Marszalek.Binance was founded by Changpeng Zhao.
Biggest is established in more than 90 countries.Binance covers more than 100 countries.
Ranking by market exchange ranks 22 according to the volume.Binance ranks no.1 in terms of volume.

What is

The cryptocurrency market is on fire, and underlying various bold and inevitable reasons for such a boom and growth. If we talk about Bitcoin, it was less than $ 1 in 2010. Now the value has crossed the $ 40,000 mark.

Also Read:  Microsoft Math Solver vs Photomath: Difference and Comparison

The cryptocurrency market is one of the finest modes for peer-to-peer exchange, buying and selling of goods and services, exchanging things, NFT, Defi and many more.

Cryptocurrency exchanges make it possible for a newbie or an expert to trade on this firing cryptocurrency. Well, is one of the most valuable companies in terms of availability, market volume, and capitalization. has more than 900 team members that are ready to facilitate users 24×7. was founded in 2016, and its CEO and co-founders are Kris Marszalek and Gary Or. Talking more about the team, the CFO of is Rafael Melo. Eric Anziani is the COO of

Around 10mn users have been recorded by, and that depicts a picture of trust and reliability.

It supports various trending tokens like Bitcoin, Ethereum Tether, stablecoin, XRP, link, helium, Doge, etc. Also, the company supports Various other amenities offered by the crypto market, like Non-fungible tokens, Decentralised finance management, and many more.

crypto com 1

What is Binance?

Since Bitcoins gained their speed in the last 3-4 years, many exchanges have opened up. Binance was one of the exchanges that came into existence in 2017.

The founder of Binance is Changpeng Zhao, and it’s spread across many states, excluding the USA. The company’s origin is China, but the headquarters were mobilised to a different country because of China’s regulations of cryptocurrency.

Binance supports more than 200 coins, including trending tokens like Bitcoin and Ethereum. The founder has a great track record in Laying various foundations across the globe.

Also Read:  QTP vs WinRunner: Difference and Comparison

He founded Fusion Systems in 2005 in Shanghai. In 2013, he was offered a position at, so he joined cryptocurrency technology.

Since China intended to ban or regulate cryptocurrency, Changpeng has to shift his company to a different location. Since then, Binance has been the most preferred company and the best exchange in the entire world.

Well, it has a trading volume of more than $ 10 bn and ranking in 1st place. Binance has one of the best teams deployed and the finest management across the entire way.

Well, Binance has undoubtedly been the best option for trading several active cryptocurrencies.

Also, Binance is the largest cryptocurrency exchange in the world in terms of the area. It has offices in Malta, Japan, China, and European countries, except for the United States.

Binance has the most number of users as compared to many other exchanges, and since it is the largest exchange in terms of volume, it is the most preferred crypto exchange and a better option for users.

binance 1

Main Differences Between and Binance

  1. is one of the largest cryptocurrency exchanges in the world, while Binance is the largest, ranking no.1.
  2. supports 87 trending tokens, while Binance supports more than 200 tokens.
  3. Kris Marszalek founded, while Changpeng Zhao founded Binance.
  4. has a lesser market volume than Binance, which is the top exchange in terms of volume.
  5. ranks in the top 30 cryptocurrency exchanges, while Binance ranks in the top 3.

Last Updated : 27 June, 2023

dot 1
One request?

I’ve put so much effort writing this blog post to provide value to you. It’ll be very helpful for me, if you consider sharing it on social media or with your friends/family. SHARING IS ♥️

20 thoughts on “ vs Binance: Difference and Comparison”

  1. The detailed comparison between and Binance underscores the complexity and diversity of the cryptocurrency market. Both platforms offer unique features and cater to different user preferences. The insights provided here are valuable for anyone looking to engage with digital assets and navigate the evolving landscape of blockchain-based finance.

    • The in-depth analysis of and Binance highlights the multifaceted nature of the cryptocurrency market. The platforms’ emphasis on user incentives, token rewards, and global accessibility showcases the depth and breadth of digital asset offerings. The competitive environment drives continuous improvement and expansion, further enriching the value proposition for participants.

    • The dynamic nature of the cryptocurrency industry is evident in the distinct offerings of platforms like and Binance. This level of innovation and competition contributes to the ongoing development of digital finance solutions, enriching the experience for users and investors. The global impact of these exchanges reflects the transformative potential of blockchain technology.

  2. The rapid growth and innovation in the cryptocurrency market are underscored by platforms like and Binance. Their varied approaches and global impact are pivotal in shaping the future of digital finance. The competitive landscape fosters advancements and improvements, ultimately benefiting the broader community of cryptocurrency enthusiasts and investors.

    • The evolving nature of cryptocurrency exchanges reflects the ongoing evolution of digital assets and blockchain technology. The comparison between and Binance underscores their unique market positions and contributions to the broader ecosystem. The diversity in options and services enriches the experience for users, driving further innovation and value creation.

  3. The comparison between and Binance is quite detailed and informative. It’s important for users to understand the differences in transaction fees, supported coins, and overall platform features. The global expansion of both exchanges also highlights the widespread adoption of cryptocurrency across various countries and regions.

    • The global presence of and Binance showcases the increasing demand for cryptocurrency services worldwide. It’s fascinating to see how these exchanges cater to millions of users and offer a wide range of financial products. The competitive landscape of the cryptocurrency market is driving innovation and creating value for consumers.

    • The comparison table provides a clear overview of the key differences between and Binance. It’s evident that both exchanges have distinct offerings and strategies, which contribute to the overall diversity of the cryptocurrency market. As the market continues to evolve, understanding these nuances becomes increasingly important for investors and traders.

  4. The rising popularity of cryptocurrency exchanges emphasizes the increasing interest in digital assets and blockchain technology. It’s exciting to witness the evolution of platforms like and Binance, which are shaping the future of finance. The market dynamics and competitive landscape highlight the ongoing transformation of traditional investment paradigms.

  5. The transformative impact of cryptocurrency exchanges on traditional finance systems is evident in the compelling growth of platforms like and Binance. Their diverse range of offerings and global presence reflect the broader adoption of digital assets. It’s an exciting time for the evolution of financial technology and its implications for global markets.

  6. The cryptocurrency market has experienced unprecedented growth and diversification, driven by platforms like and Binance. The competitive dynamics between these exchanges are instrumental in enhancing the overall user experience and fostering innovation. As the industry continues to evolve, it presents compelling opportunities for investors and enthusiasts.

  7. The market cap of the cryptocurrency market has reached $1 trillion, a sign of its growth and potential. and Binance are two major exchanges with their own unique advantages. It’s interesting to note that both platforms have their own native tokens and rewards programs. Cryptocurrency investments have definitely come a long way and it’s exciting to see what the future holds for these exchanges.

    • The growth and popularity of Cryptocurrency have exceeded all expectations. It’s fascinating to see how both platforms have evolved to offer a wide range of services to users. The competition between and Binance benefits the users, as it encourages continuous improvement and innovation in the industry.

    • The differences between and Binance are quite intriguing. It’s great to see the variety of options available for traders and investors. Both exchanges have their own strengths and weaknesses, and understanding these differences can help users make informed decisions when it comes to their cryptocurrency investments.

  8. The comparison between and Binance provides a comprehensive understanding of their operational models and global reach. It’s evident that both exchanges have distinct advantages and areas of specialization. The level of competition in the crypto industry continues to drive advancements in technology and user experience.

    • The competitive landscape of cryptocurrency exchanges is a driving force behind the development of new solutions and products. As users, we benefit from the continuous improvements and enhancements that platforms like and Binance bring to the market. This level of innovation adds depth and value to the cryptocurrency ecosystem.

    • The evolution of cryptocurrency exchanges is fascinating to observe. and Binance represent two prominent players in the market, each with its unique value propositions. Their approach to serving users and expanding their offerings reflects the adaptability and growth potential of the entire industry.

  9. The explosive growth of the cryptocurrency market is truly remarkable. The rise of Bitcoin and other tokens has transformed the financial landscape. The detailed insights into and Binance shed light on their respective strengths and areas of focus. It’s a testament to the dynamic nature of the crypto industry and the opportunities it presents.

    • The in-depth analysis of and Binance offers valuable information for anyone interested in entering the world of cryptocurrency. With such a diverse range of coins and services, users have the opportunity to explore various investment options. The growth and innovation within the market reflect its potential for long-term sustainability.

  10. The comprehensive overview of and Binance provides valuable insights into their respective market positions and offerings. Understanding the differences in their supported coins, fees, and incentives can help users make informed decisions. The global expansion and user base of both exchanges underscore the widespread adoption of cryptocurrency.


Leave a Comment

Want to save this article for later? Click the heart in the bottom right corner to save to your own articles box!