Fee comparison

Binance vs Coinbase fees

Binance is cheaper in 3 of 3 scenarios. We priced three everyday transactions in United Kingdom (GBP) on both exchanges, including the spread, deposit, conversion and withdrawal costs that the trading fee leaves out.

Demo data

Scenario 1

Buy £1,000 of BTC by bank transfer, withdraw on Bitcoin

Binance£3.07 0.31%

Coinbase£13.36 1.34%

Scenario 2

Buy £500 of ETH by card, withdraw on Arbitrum

Binance£9.86 1.97%

Coinbase£25.45 5.09%

Scenario 3

Buy £250 of USDT by bank transfer, withdraw on Tron

Binance£0.76 0.30%

Coinbase£2.90 1.16%

Fee schedule side by side

Fee	Binance	Coinbase
Taker fee	0.10%	0.60%
Maker fee	0.10%	0.40%
Estimated spread (BTC)	0.05%	0.50%
Bank deposit	0.00%	0.00%
Card deposit	1.80%	3.99%
BTC withdrawal	0.00002 BTC	0.00003 BTC
Currencies accepted	EUR, GBP	USD, EUR, GBP

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