Binance vs Coinbase: what their terms and the registers say
Binance vs Coinbase: what differs?
From their own documents and the registers, Binance and Coinbase differ on licences found in a register (0 against 1), the gambling clause (Binance: not disclosed; Coinbase: restricts some gambling), recorded incidents (1 against 0), proof of reserves and the contracting company and its law. No winner is declared: which difference counts depends on how you use the exchange.
Documents last checked Reviewed by CryptoGuardz Register Desk, editorial desk
Disclosure: CryptoGuardz has no commercial relationship with Binance or Coinbase and earns nothing if you open an account at either. Every cell below is a field from one of the two register records, each built from documents the company publishes and the registers that should list it, dated when read. Corrections go to the corrections page.
Binance and Coinbase side by side
| Field | Binance | Coinbase |
|---|---|---|
| Company in the terms | Nest Exchange Limited, Nest Clearing and Custody Limited and Nest Trading Limited (the ADGM Binance Entities)Abu Dhabi Global Market (ADGM), United Arab Emirates | Coinbase, Inc.Jurisdiction: not disclosed |
| Licences found in a register | None found in a register | 1 found in a register (CSSF)Held by Coinbase Luxembourg S.A. |
| Licences claimed, not confirmed | 1 | 0 |
| Freeze clause | Discretionary freeze, no notice required | Discretionary freeze, no notice required |
| Withdrawal suspension clause | Quoted on the entry | Quoted on the entry |
| Insolvency clause | Present | Present |
| Proof of reserves | Published, self-signed | No data: page could not be loaded |
| Gambling clause | Not disclosed | Restricts some gambling |
| Incidents on record | 1Latest 2023-11-21 | 0None found in primary sources; not proof of none |
| Points not verified | 4 | 3 |
| Terms read | bin.bnbstatic.comRetrieved 2026-09-28 | coinbase.comRetrieved 2026-09-28 |
What differs, and who it matters to
This comparison reads two records and declares no winner. Both were last reviewed on 2026-09-28. On licences, Binance: none found in a register; Coinbase: 1 found in a register (CSSF). That matters to anyone who may need a regulator to complain to, and only if the licence covers the company they contract with. On gambling, Binance's terms: not disclosed; Coinbase's: restricts some gambling. That matters to anyone sending funds to a casino, because a breach can cost the account. On proof of reserves, Binance: published, self-signed; Coinbase: no data: page could not be loaded. The record holds 1 primary-source incident for Binance and 0 for Coinbase; a count of disclosures and enforcement actions, not a measure of safety. Binance contracts through Nest Exchange Limited, Nest Clearing and Custody Limited and Nest Trading Limited (the ADGM Binance Entities) and Coinbase through Coinbase, Inc., under different law, which matters to anyone who may need to bring a claim. The two records agree on freeze clause scope and insolvency clause. 1 licence Binance claims and 0 Coinbase claims were not confirmed in any register. 4 points could not be verified for Binance and 3 for Coinbase.