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Hodl Hodl vs Binance

Hodl Hodl vs Binance Comparison Table 2024
Hodl Hodl Binance
Review
2.3
Review
3.5
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.

Hodl Hodl is a non-custodial Bitcoin trading and lending exchange offering anonymous P2P transactions. The brand is trusted by 100,000+ users worldwide and offers 100+ fiat currencies, which can be used to complete crypto payments. 50,000+ orders have been completed through the exchange.

Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives.

Comment by Reviewer
"Hodl Hodl will serve investors looking for an easy-to-use platform with peer-to-peer Bitcoin buying, selling and Escrow-secured lending solutions." "Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion."
Pros
  • Straightforward to use interface for peer-to-peer transactions
  • Transparent fixed fee model split equally between the parties involved
  • Transactions are anonymous and non-custodial with multisig (P2SH) contract approval
  • New clients can learn how to purchase and sell Bitcoin without risking any money via the TESTNET demo solution
  • Non-custodial, so your funds cannot be accessed by malicious users should Hodl Hodl be compromised
  • No lengthy verification process before trading
  • Over 350 crypto tokens are available with big names like Bitcoin and Ethereum
  • Crypto derivatives are offered including options and futures
  • Trade popular cryptos with high leverage up to 1:125
  • Binance Academy is a great resource for beginners
  • The account opening process is straightforward
  • There are no fees on fiat and crypto deposits
  • 24/7 support is available via live chat
Cons
  • Unregulated brand and risks involved with peer-to-peer transactions including limited fund safeguards
  • No telephone or live chat contact options for users needing support
  • Investing is limited to Bitcoin only
  • Not fully decentralized
  • No contact support number
  • Some regulatory investigations
  • The crypto exchange has been hacked
Instruments
Cryptos Cryptos
Demo Account
No No
Minimum Deposit
$0 $0
Trading Platforms
  • Own
  • AlgoTrader
Payment Methods
Minimum Trade
$0 $10
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
No Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • UAH
Cryptocurrency
You can buy and sell Bitcoin directly with no intervention and a fixed fee of 0.6% per transaction (0.3% per party). You can get started in three steps; create a contract, BTC deposit and transfer, BTC release Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace.
Spread
N/A Variable fees with account tiers
Coins
  • BTC
  • BUSD
  • DAI
  • PAX
  • USDC
  • USDT
  • WBTC
  • DOGE
  • VET
  • USDT
  • BTC
  • BNB
  • ETH
  • VTHO
  • ADA
  • ONE
  • SOL
  • NEO
  • LINK
  • XLM
  • NANO
  • LTC
  • BUSD
  • HBAR
  • ALGO
  • MANA
  • ZIL
  • ENJ
  • BCH
  • MATIC
  • EGLD
  • HNT
  • EOS
  • QTUM
  • RVN
  • DAI
  • IOTA
  • ONT
  • STORJ
  • UNI
  • ETC
  • BAND
  • OMG
  • XTZ
  • USDC
  • ATOM
  • DASH
  • ICX
  • BAT
  • MKR
  • OXT
  • ZEC
  • ZEN
  • ZRX
  • COMP
  • WAVES
  • KNC
  • REP
  • PAXG
  • FIL
  • WBTC
  • THETA
  • SHIB
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
Review
Review
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