Which exchange is right for you?

ParaSwap vs. Binance

Which one is better in 2024? In-depth comparison of ParaSwap and Binance

Cryptocurrency exchanges are platforms for trading cryptocurrency for other assets and traditional currencies. These tools provide a level of anonymity for users and transparency of both trading parties. Companies can use these platforms to accept or purchase cryptocurrencies of their own, and are the most common ways for businesses to begin investing in cryptocurrencies. Cryptocurrency exchanges can also be used as practical mediums for international trading to cut down on transactional fees.

If you don't actively trade, make sure to secure your funds using a hardware wallet.

Note: Etherbit.in is an Indian security gadget store, operating since 2017. Etherbit.in does not buy, sell, or trade cryptocurrencies and does not provide financial advice on cryptocurrencies, providers, or services.

ParaSwap

ParaSwap

Binance

Binance

Website paraswap.io binance.com
Decentralised
Yes
Yes
No
No
You Control Your Coins
Yes
Yes
No
No
No KYC
Yes
Yes
No
No
Derivatives
Yes
Yes
Yes
Yes
Crypto Withdrawal
Yes
Yes
Yes
Yes
3rd-Party Audit Published Published
Proof of Reserves Not required Published
Socials
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