Robinhood can buy US stocks + cryptocurrencies;
Binance can only buy cryptocurrencies;
If Binance doesn't hurry to launch US stock tokens, it will definitely lose!
链研社lianyanshe
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Coinbase vs. Robinhood vs. Binance: Which of the Future Financial Giants Do You Favor?
Binance - The Globalized Crypto Empire
Key Strengths:
- Scale and Liquidity: Largest global trading volume (averaging over $76 billion daily), with superior liquidity compared to competitors.
- Cost Efficiency: Lowest transaction fees (starting at 0.1% for spot trading, even lower with BNB discounts), low derivative rates.
- Asset Breadth: Supports 350+ cryptocurrencies and all categories of derivatives (perpetual/deliverable/options), temporarily lacking stocks and ETFs.
- Profit Monopoly: Estimated net profit of approximately $6-8 billion in 2024 (unofficial estimate), far exceeding Coinbase ($2.58 billion) and Robinhood ($1.41 billion), but custodied asset volume ($148 billion) is lower than Coinbase (over $200 billion).
Evaluation:
Binance is the "Google" of the crypto industry, building a vast crypto empire with extreme efficiency and ecosystem.
2. Coinbase - The Compliant Crypto Gateway
Key Strengths:
- Compliance Benchmark: Registered with the US SEC, listed on NASDAQ (COIN), 98% of assets cold storage, preferred choice for institutional custody.
- Brand Trust: Preferred by mainstream users in the US/Europe, with institutional clients accounting for over 50% (institutional trading volume accounted for 57% in Q1 2024).
- Security Premium: High fees (starting at 0.6% for spot trading) in exchange for compliance and insurance, attracting risk-averse users.
Key Weaknesses:
Cost Barrier: Fees significantly higher than Binance (approximately 6 times higher), risk of retail user churn.
Asset Limitations: Only supports 250 mainstream coins, with only futures for derivatives, slow innovation speed.
Evaluation:
Coinbase is the "Goldman Sachs" of the crypto world, using compliance and security as its moat, but high costs and slow innovation may limit its long-term growth. Suitable for institutional and conservative investors.
3. Robinhood - The Integrated Financial Supermarket
Key Strengths:
- User-Friendly: Zero commission + minimalist interface, attracting 18 million young users (average age 31).
- Product Integration: One-stop trading for stocks/ETFs/options/crypto (10+ mainstream coins), IRA account matching program (contributed 40% of new funds in Q1 2025).
- Community Attribute: Became a symbol of "retail culture" after the GameStop event, strong social attributes.
Evaluation:
Robinhood is the "TikTok" of the financial world, disrupting traditional brokerages with user experience and social attributes.
Binance - The Globalized Crypto Empire
Key Strengths:
- Scale and Liquidity: Largest global trading volume (averaging over $76 billion daily), with superior liquidity compared to competitors.
- Cost Efficiency: Lowest transaction fees (starting at 0.1% for spot trading, even lower with BNB discounts), low derivative rates.
- Asset Breadth: Supports 350+ cryptocurrencies and all categories of derivatives (perpetual/deliverable/options), temporarily lacking stocks and ETFs.
- Profit Monopoly: Estimated net profit of approximately $6-8 billion in 2024 (unofficial estimate), far exceeding Coinbase ($2.58 billion) and Robinhood ($1.41 billion), but custodied asset volume ($148 billion) is lower than Coinbase (over $200 billion).
Evaluation:
Binance is the "Google" of the crypto industry, building a vast crypto empire with extreme efficiency and ecosystem.
2. Coinbase - The Compliant Crypto Gateway
Key Strengths:
- Compliance Benchmark: Registered with the US SEC, listed on NASDAQ (COIN), 98% of assets cold storage, preferred choice for institutional custody.
- Brand Trust: Preferred by mainstream users in the US/Europe, with institutional clients accounting for over 50% (institutional trading volume accounted for 57% in Q1 2024).
- Security Premium: High fees (starting at 0.6% for spot trading) in exchange for compliance and insurance, attracting risk-averse users.
Key Weaknesses:
Cost Barrier: Fees significantly higher than Binance (approximately 6 times higher), risk of retail user churn.
Asset Limitations: Only supports 250 mainstream coins, with only futures for derivatives, slow innovation speed.
Evaluation:
Coinbase is the "Goldman Sachs" of the crypto world, using compliance and security as its moat, but high costs and slow innovation may limit its long-term growth. Suitable for institutional and conservative investors.
3. Robinhood - The Integrated Financial Supermarket
Key Strengths:
- User-Friendly: Zero commission + minimalist interface, attracting 18 million young users (average age 31).
- Product Integration: One-stop trading for stocks/ETFs/options/crypto (10+ mainstream coins), IRA account matching program (contributed 40% of new funds in Q1 2025).
- Community Attribute: Became a symbol of "retail culture" after the GameStop event, strong social attributes.
Evaluation:
Robinhood is the "TikTok" of the financial world, disrupting traditional brokerages with user experience and social attributes.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.