Crypto.com vs Binance - Which One Is Better? In this video, we are going to be comparing crypto.com vs. Binance and then tell you which one is a better investment.

Crypto.com vs. Binance – Comparison

Perks
Crypto.com gives you the ability to trade, store, and save cryptocurrencies. It offers you low fees and the mode of operation is their Visa card. With this you are able to earn various perks and earn interest on your crypto. The platform has a wide selection of cryptocurrencies but not as much as Binance. Some great perks on the crypto.com include the CRO coin as well as the ability to swap your coins for others. Binance offers you crypto-to-crypto trades as well as peer-to-peer trading.

Fees
One great characteristic that attracts many investors to Binance is the fact that it offers some of the lowest fees of 0.1%. This is way lower than any other US exchange. The minimum trade is $10 and you also get charged 0.5% instant buy/sell fee plus a debit transaction fee of 4.5%. You can use your mobile wallet for trading which is also available in various mobile apps. With crypto.com you can deposit money into your account for free from a wire transfer or electronic bank transfer.

Security
Binance is quite secure as they have not experienced any security breaches on the platform. For Binance US you have an extra layer of protection as all accounts are held in custodial bank accounts and are insured up to $250,000. However, you should note that unlike stock brokerages you do not get an extra layer of protection from the Security Investor Protection Corporation. The exchange is available in 43 states. Crypto.com is also relatively safe as their mode of operation is the Visa card. Binance also offers a 2A authentication system that helps secure your account.

Crypto.com –Overview
Crypto.com was founded in 2016 and is one of the top cryptocurrencies in the world. The company is a one stop shop for all your crypto needs. Firstly, it offers over 90 cryptocurrencies to US traders. If you choose to use your VISA for trades you can earn rewards. The platform also comes with the benefit of allowing you to earn interest on your crypto holdings at a rate that is higher than most savings accounts.
Those who are new to cryptocurrencies will find the crypto.com platform a bit complicated unlike other platforms which are user friendly. What makes crypto.com attractive is that it operates more like a crypto bank than an exchange. In this regards, you are given a prepaid Visa card which you can use to earn interest once you get paid for your crypto currencies.

Binance – Overview
Binance was launched in 2019 in San Francisco and has grown to be one of the largest cryptocurrencies in the world. The company offers over 50 cryptos with crypto-crypto trading. Its trading fees are low at 0.1% and it is available in a number of countries from across the world. The company supports over 500 cryptocurrencies for global traders and 52 for US investors.
The platform is secure with various security features available like insured USD balances, 2FA verification, cold storage, address whistlelisting and device management. The number of transactions supported includes stop-limit order, limit order, peer-to-peer trading, trailing stop order, margin trading, post only order and one-cancels-the-other order. The limit on trading largely depends on the country of trading. Binance was first established in China before moving into Japan then the US.

Verdict: So, which is better?
For this one we will have to go with cryto.com. We found the platform to be easy to use and the number of perks is quite attractive. Crypto.com is a one stop shop for all your crypto needs as it allows you to trade, while enjoying interest on your holdings. Purchases and operation on the platform is via its easy to use Visa card. You have perks based on the tier you are holding with the best the Obsidian card allowing you to earn an interest of up to 8%.

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