Trust Wallet is a hot wallet that's connected to the internet. Robinhood:īinance partners with Trust Wallet to offer customers a reliable noncustodial wallet option. Here's a summary of the available cryptos for Binance vs. However, Binance.US only has a limited number of interest-earning options. Like the main Binance platform, there is a good mix of different types of crypto. What really sets it apart is that Binance also offers ways to earn passive income on a number of crypto assets.īinance.US has over 100 cryptos, including most of the top 10 cryptos by market capitalization. It has a solid mix of cryptocurrencies, including a number of popular smart contract, gaming, and metaverse cryptos. READ MORE: Cryptocurrency Availability: Where Can You Buy Your Favorite Tokens?īinance has over 600 cryptos, including the top 10 cryptos by market capitalization. Polygon (MATIC), and Solana (SOL) are the only smart contract cryptocurrencies on Robinhood's list, and there are no metaverse or gaming tokens. This category of coin is most at risk of being superseded by gov coins or stablecoins. Many of the cryptos on Robinhood's list, such as Litecoin (LTC) or Bitcoin Cash (BCH) are payment cryptocurrencies. It offers fewer than 15 cryptocurrencies, and only a couple are in the top 10 cryptocurrencies by market cap. Unlike Binance and Binance.US, Robinhood has a very limited range of available cryptos. Investors who use the instant buy or convert function will pay a trading fee of 0.5%.The maximum spot trading fee is 0.1%, with reductions for BNB payments and high volume traders.Here's a quick overview of Binance.US fees: Binance.US also offers 0% trading on a handful of Bitcoin pairs, including BTC-USD. READ MORE: Full Binance Review Binance.US feesĪs with the main Binance platform, reduced trading fees are available for BNB payments and high volume traders. Binance offers zero-fee trading for certain Bitcoin and BUSD pairs.Like Robinhood, customers in most countries can deposit money via bank transfer for free.Fees to deposit via debit card, credit card, or other options vary depending on payment method and country.Binance charges a maximum maker/taker fee of 0.1% on spot trading.High-volume traders can also access lower rate trading. Binance users can reduce fees by paying with its utility token, Binance Coin (BNB). With a maximum maker/taker fee of 0.1%, it's one of the most competitive options we've found. READ MORE: Full Robinhood Review Binance feesīinance has built a reputation as a low-fee trading platform. Robinhood does not offer debit card or credit card deposits.It's free to deposit money via bank transfer with Robinhood.Robinhood offers zero commission trading, but it's a good idea to compare the rate against other platforms.Here's a quick overview of Robinhood fees: The broker is not transparent about the size of its spread, so investors might not get the best exchange rate. Robinhood receives a small payment - like a commission - for sending orders to a particular market maker. However, be aware that all platforms make money somewhere. Robinhood, which pioneered commission-free stock trading, doesn't charge trading fees on crypto transactions. Robinhood feesĪt first glance, Robinhood's zero commission fee structure puts it ahead in terms of trading fees. dollars) via a bank transfer, but other methods can be costly. It's usually free to deposit fiat money (traditional currency like U.S. Bear in mind that trading fees are not the only costs - you may also have to pay to deposit money on a platform. It can be hard to compare cryptocurrency fees because each platform uses a different fee structure and they aren't always transparent about the details.
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