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Which exchange platform can overtake binance?
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[QUOTE="Mika, post: 229645, member: 29399"] Undoubtedly Binance is one of the biggest crypto exchange platforms. Coinbse is also one of the biggest crypto exchange platforms? Do you know how big is Binance compared to Coinbase? Or if you think another way around, let me put it this way, how big is coinbase compared to Binance? According to 2021 data, Binance has 28.5 million users and is available in 2014 countries. Even though the main Binance exchange is not availble in the US, Binance has a separate exchange for the US users called Binance.US. According to Coinbase website, it has 89 verified users (other source put the user number at 56 million). Coinbase is available in 100 countries. Now, you can make an independent analysis, of which crypto currency exchange platform is bigger. If Coinbase is available in as many countries as Binance, you can assume how big it would be. Coinbase and Binance both are centralized exchanges. However, Coinbase is publicly-traded company, which means people can invest in coinbase shares. Binance is a private company. Binance is often criticized for bypassing the country's law to operate in the market. IN the US Binance is being investigated for money laundering. Coinbase is US company, therefore, it si more trusted. [/QUOTE]
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