Binance vs Robinhood

Binance is an excellent crypto exchange with low prices and good selection. How does it compare to Robinhood? Read our comparison chart below.

Binance is one of the largest cryptocurrency exchanges by volume in the world. They offer some of the lowest fees of any exchange and support trading of over 600 coins. They have staking options, crypto loans, and a crypto Visa card, among a range of other features.

While Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.

Compare Binance with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Binance	Robinhood

	Learn More	Visit Site
	OFFER Buy and Sell Cryptocurrency - Learn More Read Binance Review	OFFER Get a Free Stock (worth between $5 and $200) - Learn More Read Robinhood Review
	Benefits and Features
Stock Trading		$0
Options Trading		$0
Annual Fee		None
Cryptocurrency Trading		$0
Minimum Deposit	$0 ($10 Trade Minimum)	$0
Mutual Fund Trading		No
Commission Free ETFs		All U.S. listed ETFs
Phone Support		650-761-7789 (available 24/7)
Live Chat Support		Available 24/7 (requires sign in)
Email Support		Yes
Human Advisors		No
Robo Advisor		No
Assets Under Management		$102 Billion
Cryptocurrencies Supported	600+	AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC
Penny Stocks		Yes
Fiat Currencies Supported	AED, AUD, AZN, BGN, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR	USD
Digital Wallet	Yes	No
Tax Loss Harvesting		No
Transaction Fee	0.10% - 0.02%	No
Copy Trading	No	No
Limit Orders	Yes	Yes
Goal Tracker		No
Automatic Deposits		Yes
Crypto Loans	Yes	No
Broker Assisted Trades		Not available
Good For		Beginners; Active traders
Inactivity Fee		$0
Maintenance Fee		$0
Online Platform		Yes
iPhone App		Yes (4.2 stars, 4.3M ratings)
Android App		Yes (4.1 stars, 483k ratings)
Debit Card Purchase Fee	3.5% or $10, whichever is higher	No
Banking		Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App	Yes	Yes
ACH Transfer Fee	No	No
Desktop App		None
Wire Transfer Fee	Free via SWIFT from USD to BUSD	No
Crypto Conversion Fee	No	No
Anonymity	No	No
Biometric Login	Yes	TouchID or FaceID
Cold Storage	Yes	Yes
Maximum Trading Amount	Maximum order amount varies by currency	No
Two-Factor Authentication	Google Authenticator	Device approvals, Authenticator app, SMS
Withdrawal Limit	2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day	$50,000 per business day
Forex Trading		No
Futures Trading		No
Bond Trading		No
CFD Trading		No
Currency Trading		No
Customer Service		Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com
Locations		No
Online Community		No
Seminars		Yes
Trading Platform		Web Trading, Mobile Apps
Virtual Trading		No
Fractional Shares		Yes
Taxable Accounts		Yes
401k Plans		No
IRA Accounts		Yes
Roth IRA Accounts		Yes
SEP IRA Accounts		No
Trust Accounts		No
529 Plans		No
	CreditDonkey® Reviews

Cryptocurrency Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Safety
Stock Trading
Options Trading
Minimum Deposit
Customer Service
Pros & Cons	Pros: Wide range of currencies Low fees Secure Asset Fund for users Cons: May intimidate new users	Pros: Commission-free trades No minimum Extended trading hours Cons: Limited research No mutual funds & bonds
Bottom Line	Excellent crypto exchange with low prices and good selection... Read full review	Free way to trade stocks with limited bells and whistles... Read full review
	Learn More	Visit Site
	Buy and Sell Cryptocurrency	Get a Free Stock (worth between $5 and $200) 1% Bonus to Transfer to Robinhood with No Cap Buy and Sell Cryptocurrency
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Binance: Pricing information from published website as of 04/13/2021. Robinhood: Pricing information from published websites as of 04/18/2020.

Get a Free Stock (worth between $5 and $200)

Get a Free Stock

1% Bonus to Transfer to Robinhood with No Cap

Get 1% Bonus

Expires 6/28/2024

Earn a 1% bonus with no cap when you transfer your brokerage account to Robinhood, now through June 28, 2024. Terms apply.

Buy and Sell Cryptocurrency

Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.

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Which is Better: Binance or Robinhood?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Binance or Goldco.

In short: Binance's research is noteworthy. Robinhood's ease of use is impressive.

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