Coinbase and Binance are two of the largest cryptocurrency markets online today. Coinbase is one of the oldest and most well-established markets. It was founded in 2012 and currently trades publicly on the NASDAQ exchange. Binance was founded in 2017 and, while originally based in China, now operates out of the Cayman Islands where it can operate in a relatively unregulated manner. Here’s what you need to know about both platforms. Consider working with a financial advisor as you pick a cryptocurrency market.
Coinbase: Good for Mainstream Investors
Although cryptocurrency has only been around a short time, it’s already expanded into a wide, convoluted universe that can be difficult to understand for the uninitiated. But with Bitcoin and other cryptocurrencies seeing wild fluctuations in price, there’s an opportunity for big gains – if you can stomach the risk. One of the main platforms is Coinbase.
Coinbase is a U.S.-based…