News Home vs Coinbase: Which Platform is Right for You?

Tuesday, February 01, 2022 01:11 PM | Neal Farmer

Mentioned in this article vs Coinbase: Which Platform is Right for You? (CRO) and Coinbase (COIN) are quickly becoming the go-to choices for investors getting into the crypto world. Each has their own advantages and disadvantages with many leaning towards as a result of mass marketing, lower fees, and plethora of available cryptos.


Perhaps the biggest advantage has over Coinbase is lower fees across the board. does not charge fees on bank account deposits or wallet conversions while Coinbase charges its users 1.49% for each transaction. Meanwhile, both exchanges charge users for credit or debit card transactions although once again comes out ahead with a 2.99% fee compared to Coinbase’s 3.99%. Finally, both use a maker/taker model for transactions where’s fee goes up to 0.4% versus Coinbase’s 0.5%.

If that wasn’t enough, also shines when it comes to transparency with the platform publishing its withdrawal fees for each cryptocurrency while Coinbase only discloses that information at the time of the transaction. The one area Coinbase outperforms in this area is its support for more deposit options, including PayPal.


Available Cryptos

Both platforms offer the vast majority of the leading cryptocurrencies by market capitalization but takes the edge here with more than 150 available cryptos to trade while Coinbase offers just over 100. To make matters worse, Coinbase does not currently support Binance Coin (BNB), the world’s fourth largest cryptocurrency.



Both platforms offer highly rated decentralized wallets that support all tokens based on the Ethereum network. However, each has its own unique benefits allows investors to import existing wallets from other platforms and makes it easier for users to stake coins on the exchange. The wallet also allows traders to swap coins through decentralized exchanges on the app, however, this service is not available for U.S. traders.

Meanwhile, Coinbase does allow U.S. users to swap coins on decentralized exchanges, but only for Ethereum-based coins. Coinbase also lets users easily earn crypto by watching educational videos that help teach new investors learn more about the technology. Additionally, the Coinbase Visa Debit Card provides crypto rewards on purchases with no additional requirements.

Both have a claim for the best wallet but when considering that Coinbase also allows its users to deposit funds using PayPal, Coinbase gets the slight edge.

Winner: Coinbase


Both Coinbase and offer some of the best available security for crypto investors. only offers cold storage insurance protection but reportedly does not store user funds in hot wallets. Meanwhile, Coinbase stores 98% of currencies in cold storage but also offers insurance protection against hot wallet theft. Coinbase's total insurance of $255 million is less than’s $360 million. Both platforms are FDIC insured, use multi-factor authentication, and use a bug bounty platform to find weaknesses.

Both platforms offer best-in-class security for traders looking to invest in crypto.

Winner: Both


With the rise of cryptocurrencies, more platforms are being released to attract the crypto savvy and individuals looking to enter the cryptosphere. and Coinbase are both great choices for investors with top security and a wide range of available cryptos to trade. Traders looking for the widest range of cryptos to choose from with the lowest fees will find to fill their needs. Meanwhile, individuals looking for more deposit options and educational resources with crypto rewards might lean towards Coinbase. However, overall it's hard to beat the combination of lower fees, more available cryptos, and slightly higher total insurance from


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