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Why Binance is the Best Platform Compared to Other Platforms
Binance is one of the largest and most popular cryptocurrency trading platforms in the world. When compared to other platforms, it can be analyzed based on several basic criteria such as fees, security, number of available coins, trading volume, and additional features. Here is a comprehensive comparison:
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1. Fees:
Binance:
Relatively low fees (0.1% per trade) and discounts when using BNB.
Support additional discounts for large trading volume.
Coinbase:
High fees (between 0.5% and 4% depending on the method used).
More suitable for beginners but expensive.
KuCoin:
Similar to Binance (0.1%) with discounts for KCS holders.
Kraken:
Moderate fees (starting at 0.16% for market makers and 0.26% for takers).
FTX (if it returns):
Competitive fees with volume-based discounts.
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