yemenat – binance coinbase – The majority of investors wonder what are the best cryptocurrency trading platforms? Perhaps the majority found that among the best platforms at this time are binance and Coinbase.
To answer the question which is the best Binance platform or Coinbase platform, Long Hash has issued a comparison of major cryptocurrency trading platforms, clarifying details about the number of users in many cryptocurrency trading platforms.
Binance and Coinbase came in first and second place among many prestigious and large trading platforms, in which hundreds of millions of dollars a day are traded.
Perhaps the common question is which of these two platforms is in first place?
To answer this question, the comparison standard must be determined, so Long Hash answered the part of which platforms rank first in terms of number of users, issuing a newly published report talking about the total number of daily active users on cryptocurrency trading platforms around the world.
Coinbase ranked first in total users per day, although the majority thought binance might take the lead, coinbase was the highest number of daily active users with 422,000 users. Binance came in second with 313,000 users.
Okex and Huobi are followed by the third and fourth best in the list with 105,000 and 101,000 users, respectively, while the rest have no more than 100,000 active users every day.
Other paradoxes
The report also managed to get the average transaction volume per visitor, which comes as more surprise. The average transaction volume per coinbase user is $189. While the average transaction volume per user on the Binance platform is up to $2,137, that’s a big difference compared to Coinbase.
The average transaction volume per user on bitfinex was staggering at $3,518.
The decline in the number of visitors to cryptocurrency trading platforms can be attributed to the decline in the cryptocurrency market, which has continued throughout this year.
Coinbase seems to be leading the race with daily visitors, but the low volume of transactions per user is a more indicative of a wider audience and collective adoption. The race for the best cryptocurrency trading platform seems to be intensifying among many platforms with more than 100,000 visitors a day.
