Overview of Coinbase and Binance
Easy to use for cryptocurrency beginners: The main Coinbase website and mobile app are very easy to use and allow you to buy, sell, and exchange cryptocurrencies quickly.
Support for a large number of cryptocurrencies: Coinbase currently supports over 100 currencies for trading, and the number grows regularly.
How to Purchase Binance Coin on Coinbase
Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places you can purchase Binance Coin as well as the currencies you can use to obtain it. Under “Pairs” you’ll see the shorthand for Binance Coin, BNB, plus a second currency.
Comparison Between Kraken and Binance
In all honesty, both Kraken and Binance are considered to be among the two best cryptocurrency platforms out there. While Kraken is more suitable for a cryptocurrency trading beginner, Binance should suit the more experienced traders better.
Understanding BEP2 BTC
About Bitcoin BEP2 BTCB is a BEP2 token that is 100% backed by Bitcoin (BTC). The reserve addresses are published for anyone to audit. A trading pair will be created on Binance.com between the pegged token and the native coin, e.g., BTCB/BTC.
Purchasing Bitcoin BEP2
How to buy Bitcoin BEP2:
- Check CoinMarketCap to see where you can buy Bitcoin BEP2 and with which currencies.
- For each cryptocurrency, CoinMarketCap provides a list of purchasing options (also known as market pairs).
- Pick a platform to make your purchase.
- Make the purchase on your chosen platform.
Coinbase Support for BEP20
Coinbase does not currently support Binance Chain BEP-2 because it is a separate blockchain that is not integrated with our platform. BEP20 tokens are on a separate network, which Coinbase currently does not support.