When looking for the best crypto exchange app, the likes of Bitunix and Coinbase are often mentioned. Coinbase is recognized globally for its brand reputation, sponsorships, and public stock listing, while Bitunix, a relatively new exchange, has been growing its market share at a breakneck pace since launching in 2021.
Coinbase is an established, regulation-first exchange that prioritizes compliance and accessibility, while Bitunix represents the new generation of high-leverage global trading platforms designed for active traders.
Both exchanges offer strong security, a wide range of trading features, and user-friendly platforms. However, Coinbase tends to attract newcomers seeking simplicity, while Bitunix appeals to more experienced traders looking for advanced tools, deep liquidity, and diverse trading options.
Bitunix: A Growing Trading Powerhouse
Bitunix was founded at the peak of the 2021 bull run, when Bitcoin was approaching 70,000 dollars and the crypto industry was enjoying one of its brightest moments. However, clouds were forming on the horizon, and a series of high-profile collapses led to a monumental crash that bottomed out in 2022, with Bitcoin trading below $20,000. Bitunix survived the downturn while many others failed and has since built a strong reputation worldwide.
The exchange now records over 600,000 users and manages between 1 and 2 billion dollars in daily trading volume. It supports more than 315 cryptocurrencies and 565 cryptos, with leverage of up to 125x available for perpetual contracts.
Bitunix secures user funds through multi-signature cold wallets and transparent proof of reserves, and it has never reported a single hack since its launch.
Bitunix is an exchange that truly cares about its users, offering quick registration, easy verification, and the best liquidity in the market. Its global compliance framework and protection fund give traders confidence, while the One Chart interface simplifies trading for everyone.
Is KYC Required on Bitunix?
As part of its regulatory framework, Bitunix enforces KYC verification for all users. This ensures transparency, meets international anti-money laundering standards, and enhances the platform’s credibility.
Trading volumes on Bitunix and Coinbase. Source: CoinGecko
An Established CEX Titan
Coinbase is just about a household name. Across North America, Europe, and parts of Asia, it’s often the go-to exchange for newcomers to crypto, especially for those looking to add some Bitcoin or Ethereum to their broader investment portfolios.
Coinbase is one of the world’s most regulated and trusted exchanges. It is listed on NASDAQ and is fully compliant with leading global financial authorities. The company has also played an active role in engaging with the current U.S. administration to promote clearer and more supportive crypto regulations.
The platform supports over 250 cryptocurrencies, offers insured custodial storage, and provides seamless fiat on- and off-ramps for users worldwide. Its commitment to compliance and transparency has made it a trusted entry point for millions of investors.
Coinbase is best suited for beginners and long-term investors who value simplicity, security, and peace of mind. However, its trading fees are generally higher than those of newer exchanges like Bitunix, which cater more to active and high-volume traders.
Comparing Bitunix and Coinbase
Both Bitunix and Coinbase have positioned themselves as leaders in the crypto industry. While Coinbase remains the larger exchange in terms of trading volume and global recognition, there are several areas where the newcomer, Bitunix, holds a distinct advantage.
- Focus: Bitunix emphasizes high-leverage derivatives trading, while Coinbase prioritizes compliance and accessibility. This gives Bitunix an edge among traders with a higher risk appetite who are seeking leveraged opportunities and a more dynamic trading environment.
- Fees: Bitunix offers lower maker and taker fees, averaging between 0.08% and 0.10%, compared to Coinbase’s retail trading fees of around 0.5%, making it far more cost-effective for active traders.
- Security: Both exchanges employ cold storage, proof of reserves, and two-factor authentication, though Bitunix adds real-time risk protection for leveraged traders to reduce liquidation risks.
Overall, Coinbase appeals more to retail and compliance-focused users, while Bitunix attracts experienced traders looking for lower costs, greater flexibility, and advanced trading tools.
Final Thoughts
Coinbase remains one of the leading exchanges in the crypto world. Its listing on NASDAQ, combined with massive trading volumes and strict regulatory compliance, has made it an industry leader in many ways. Bitunix, meanwhile, has successfully built its position in this competitive market, steadily growing its daily trading volume and attracting traders seeking more advanced tools and flexibility than those offered by Coinbase and other established exchanges.