Investors pay additional fees for using credit cards. keeps it simple using the maker-taker model, with rates ranging from 0.0% to 0.75% for maker fees and 0.05% to 0.075% for taker fees. The biggest difference between the platforms comes down to cost. With Coinbase, the trading account does not allow you to manage your private keys, but the stand-alone wallet does let you manage them and have them on your device. The wallet provides private keys that are encrypted locally on the user’s device. Whitelisting is sometimes mandatory on the wallet and always optional on Coinbase. Coinbase keeps 98% of cryptocurrency in cold storage, whereas says it stores 100% in cold storage.Įach platform features a digital wallet with excellent security features, including multi-factor authentication and address whitelisting. They also use a bug bounty platform to find weaknesses in their code. Both exchanges provide two-factor (2F) authentication, Federal Deposit Insurance Corporation (FDIC) insurance on USD balances, and insurance against damage or theft. Both platforms have state-specific restrictions for certain currencies however, both support Dogecoin (DOGE), along with other favorite altcoins.Ĭoinbase and are both highly secure platforms offering industry-standard measures required for operation in the United States. has 21 fiat-supported currencies, but Coinbase does not share its complete list. Both exchanges support popular fiat currencies, including USD, EUR, and GBP, as well as coin fractions. Crypto credit: Non-U.S.-based users can borrow against their crypto collateral with a Crypto loanĬ supports more than 250 cryptocurrencies, whereas Coinbase has more than 200 tradable cryptocurrencies. Crypto earn: Users can earn up to 7% on crypto deposits however, it’s typically not recommended to store currency on platforms.Crypto pay: Buy gift cards with crypto or select crypto pay at checkout at certain retailers to pay using crypto.Visa card: Several card tiers offering up to 5% CRO rewards on purchases, depending on the amount of CRO staked. There are also various categories of articles and a handful of lessons in the "university" section. Its knowledge base covers the basics of the platform. Unlike Coinbase, offers very limited educational materials. Users can hold onto USDC to earn a 0.15% annual percentage yield (APY). Plus, Coinbase has a native coin, USD Coin (USDC). The Coinbase Card is a Visa debit card available to Coinbase users that earns rewards on every purchase. By taking a course or viewing a lesson about various altcoins, users earn a bit of cryptocurrency, usually $3 or more at a time. Coinbase focuses on beginner education, while, which started as a crypto payment platform, offers several products, such as Visa cards and crypto pay at checkout, and several ways to earn crypto.Ĭoinbase investors appreciate its massive library of information about trading cryptocurrency. However, the platforms differ in their offerings. $500,000 withdrawal limit in any currencyīoth cryptocurrency exchanges provide a mobile app that works on Android and iOS devices along with a digital wallet. Multi-factor authentication, biometric, private keys locally encryptedĪES-256 encryption and multi-signature walletsīuy, sell, send, receive, withdraw, and exchange Two-step verification, FDIC-insured USD balances up to $250,000, platform insurance against theft, cold storage, and uses a bug bounty program Up to 0.40% maker fee and up to 0.60%taker fee per trade. locations.Ġ.0% to 0.75% maker fees, 0.05% to 0.075% taker fees, plus 2.99% for credit card purchases Moreover, we looked at how access levels differ between investors in various U.S. We evaluated both exchanges on supported currencies, fees, special features, and security. While staking rewards on Coinbase are lower, it makes up for this with its ease of use. delivers generous rewards in the form of interest on crypto deposits. However, in specific trading areas, Coinbase is a better option, especially if you are dealing with large volumes. While both use a maker-taker fee structure, is cheaper for low-volume takers, which is what most users are looking for in a crypto exchange. Plus, they ensure top-notch security and provide a digital wallet in addition to allowing users to earn rewards for staking their cryptocurrencies.Īlthough both platforms are popular, is a more affordable option for most users. Both exchanges let users buy, sell, or trade cryptocurrency. On the other hand, provides coin (CRO), which doesn’t have a fixed value. dollar-stable coin, meaning 1 USDC equals $1. and Coinbase are two trusted cryptocurrency exchanges with their respective native coins.
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