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So far in its short history, Binance proved its security level, and Learn Even more when a minor hack took place, the SAFU insurance fund of the exchange compensated the exchange users, so all funds were covered. Be aware of phishing attacks: It’s wise to add Binance homepage to your bookmarks for quick access, and also due to security reasons. As mentioned above, we have a due diligence process that we apply to new coins before they are listed. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. As the names imply, the Basic view has all you need to perform simple trades while the Advanced view is for more advanced traders. Coinbase is more beginner-friendly, with a simple interface and a focus on security, while Binance is more suited for experienced traders, with a wider variety of cryptocurrencies and lower fees. Trading pairs and liquidity: Binance offers an endless variety with maximum liquidity of trading pairs.