Business Description
Coinbase and Coinbase Pro both carry a variety of crypto assets and have similar features. The biggest difference between the two exchange platforms is that Coinbase Pro is better suited for advanced traders looking for better trading capabilities and features. The standard version of Coinbase would appeal more to basic traders needing a simpler trading platform. This is a fairly close contest, or at least closer than usual, but as is always the case when comparing available cryptocurrencies between exchange, Binance is the winner. Binance has over 175 available crypto assets and tokens whereas Coinbase Pro only has about 110 available. While still a large number of crypto assets, Binance still has 30% more assets and even more trading pairs available. In terms of security, Coinbase and Binance check a lot of the boxes I look for on crypto exchanges. Both keep assets offline in cold storage and have some form of extra protection in case of hacks. Coinbase has a third-party insurance with Lloyds, and Binance has what it calls a "Secure Asset Fund for Users," which was valued at over $1 billion at the start of 2022. Both platforms also have good user-level security measures and plenty of information about how to protect yourself.
