I can start this introduction by saying in my opinion that both Wallets are very reliable and only you as a single user will decide which one will be more convenient to use depending on the use you want to give to it.
It is said that Coinbase is one of the most popular Wallets at the moment, if it is true this reference by the versatility that it generates the user its practicality and the fact of being a new registration on the platform by performing simple tasks will get a reward for the same, excellent for me and for anyone.
The best of all, as you have already heard or read, is that it operates in more than 100 countries and with a wide access to 93 markets, and its beginnings began in 2012, since it has become one of the guarantors in assuming within its platform the inclusion of more than 3500 cryptocurrencies that are currently being operated in the world markets and with alternatives a little more affordable than BTC.
Ali Pazani en Pexels
I should point out the following a standard Coinbase account does not undergo as much scrutiny as advanced accounts due to the smaller amount of money involved. For Coinbase Pro and Coinbase Prime, new users must satisfy not only KYC measures, but also AML (Anti-money Laundering) guidelines. To create such an account, users must provide additional information, such as bank statements, among other relevant data, the higher the security requirements.
Please note the following The standard version is not available in Latin America. KYC verification is mandatory. Standard version fees are high compared to other exchanges. It is not possible to buy and sell in all the countries where it operates. Coinbase Ventures is an investment platform for companies that contribute to the open financial system. They grant funding to startups with the ideas needed to significantly improve the crypto ecosystem. AirTM, Reserve and BlockFi are some of the companies that have been funded by Coinbase.
If it is so reliable we wonder if since 2012 the platform has been giving life and credibility in transactions why there are complaints from users about Technical Support:
I have already told you in a general way what can be resulting and generous within Coinbase, so why are there complaints from Coinbase support:
My father has been trying to access his @Coinbase account with little to no help from Coinbase support for the past 3 months.
Countless emails with incredibly generic responses that either don't address the problem, or completely ignored. Absolutely disgraceful display of customer service.
- K A L E O (@CryptoKaleo) August 24, 2021
In my opinion, if I rely so much on a Wallet to be able to acquire a Cryptocurrency or trade within the platform because it seems to me something new and thus be able to have liquidity according to the investment I make, and at a given time I no longer have access to the account and why Technical Support solves my problem, since I have active money and that generates interest within the platform and that this in turn also benefits from my investments.
Binance has gained recognition and popularity in the crypto world due to the wide variety of currencies it offers and its very low transaction fees, something important to highlight. Due in that year it had to move its offices to Japan because the local government banned the trading of cryptocurrencies. Thus, by March 2018, Binance was already the exchange with the largest number of global operations and had headquarters in both Japan and Taiwan.
This is founded in China for the year 2017, quite recently, coupled with raising many, many millions by placing as startups within the cryptocurrency ICO (ICO definition is an irregular method of raising money to support a new project through cryptocurrencies. An initial coin offering is used by startups to avoid the strict and overly regulated process of acquiring capital required by venture capitalists or banks), in practical terms.
One of the great advantages in Binance's favor is the low fees and commissions it offers. The average per transaction is 0.10% on both call and put options and this cost can be reduced to 0.05% if we have BNB.
Binance also backs up its users' accounts with the two-factor authentication offered by Google Authenticator, which allows you to make deposits, withdrawals or data modifications with greater peace of mind. How does this authentication work? Well, every time we try to perform an operation, the system will not only need our password but will also send an SMS to our cell phone to verify access.
To contact customer support at Binance you can use live chat or email. If you choose to send your inquiry via email it will almost certainly take a minimum of 6 hours for a response. Considering the platform's huge customer base this delay should come as no surprise.
It is up to you to continue researching and according to your needs and requirements you will decide which Wallet you will trust to carry out different operations, be it buying or selling or trading, that is up to you.
Thank you for reading the article if you want to give any donation, thank you.
Resource:
https://es.cointelegraph.com/explained/what-is-binance-and-how-it-works
https://www.mejorbrokerdebolsa.com/binance-revision-opiniones/
Cover photo Ted McDonnell en Pexels