vs. Coinbase

After conducting extensive testing for our versus Coinbase article, the HedgeWithCrypto team has determined that is the superior platform due to its significantly lower fees, large pool of assets, and extensive range of advanced features.
Jacob Wade
Posted by: Jacob WadeUpdated Nov 9th, 2023

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While offers an advanced trading platform with low fees, Coinbase is aimed at new users just learning about crypto. In this comparison review, we assess the similarities and differences between and Coinbase and evaluate which option is better for crypto investors.

Quick Verdict and the Coinbase crypto exchange are popular platforms famed for offering excellent security, a good range of features, and an outstanding user experience. However, during our testing, we noted that while Coinbase is one of the safest exchanges and is easier to use than, it lacks important features like leverage or automation tools and charges substantially higher fees than

Conversely, is more difficult to get used to due to its busy interface. Additionally,'s app and exchange have vastly different features, meaning you'll need two devices to get the most out of the platform. Nevertheless, due to it offering much lower fees and a more well-rounded platform with features appealing to a larger audience, is the best overall cryptocurrency exchange.
Promotion$5 BTC bonus (USA only)None available at this time
Supported Cryptocurrency241288
Deposit MethodBank account transfers, SEPA Payments, Wire transfers, Debit card, Faster Payments, 3D Secure Card, PayPalBank transfer, wire transfer, credit/debit card, SEPA, Transfer, Wise, PayPal & others
Max. Trading Fee0.5% - 4.5%0.2%
Overall Rating
HedgewithCrypto Score
HedgewithCrypto Score
4.7/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
Full StarFull StarFull StarFull StarHalf Star
Visit Coinbase
HedgewithCrypto Score
HedgewithCrypto Score
4.2/5Our ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
Full StarFull StarFull StarFull StarEmpty Star
ReviewRead our full Coinbase reviewRead our full review

In-Depth Comparison: vs Coinbase

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Coinbase At A Glance

HedgewithCryptoScoreOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
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Coinbase is one of the most popular crypto exchange platforms worldwide. The California-based platform is home to over 90 million users worldwide and receives constant praise for offering an easy way for new traders and investors to break into the crypto space.

Coinbase is one of the few regulated crypto platforms in the US. The Commodity Futures Trading Commission (CFTC) licensed company is subject to frequent audits and stricter regulatory requirements due to being a publicly traded company available on the Nasdaq under the ticker 'COIN.'

Read our full Coinbase review.

Trading Fees:
0.4% (maker), 0.6% (taker)
$5 BTC bonus (USA only)
  • Easy-to-use platform ideal for beginners
  • Rewards for using educational resources
  • Deep liquidity for buying crypto with fiat
  • Coinbase VISA crypto debit card
  • High fees for trading and crypto purchases
  • You can only deposit a few select fiat currencies
  • No access to derivatives or margin trading
HedgeWithCrypto Icon At A Glance

HedgewithCryptoScoreOur ratings take into account the ease of use, fees, deposit methods along with the exchange's reputation. All ratings are determined solely by our editorial team.
Full StarFull StarFull StarFull StarEmpty Star

Founded in 2017, is a Singapore-based cryptocurrency exchange that offers an advanced desktop platform and a beginner-friendly app for investors and traders worldwide. Over 80 million customers use the Financial Conduct Authority (FCA) regulated trading platform, highlighting its status and regard within the crypto space.

Read our full review.

Trading Fees:
Currency:AUD, CAD, EUR, GBP, USD, BRL, and TRY
Country:Global (USA Allowed)
None available at this time
  • 247 cryptocurrencies and over 524 trading pairs
  • Advanced trading platform with TradingView charting
  • Pays up to 12% APY on crypto staking
  • Low fees for spot and derivatives trading
  • VISA card to spend crypto in real-world businesses
  • U.S users cannot access features like derivatives trading
  • Best rates withheld for large CRO holders
  • Not suited for serious crypto traders
  • exchange and app are separate vs. Coinbase: Supported Countries and Coinbase are global crypto exchanges with customers spread worldwide. The platforms are available in over 100 countries, including the United States, the United Kingdom, Australia, and most of Europe. However, certain features are restricted in some regions, and investors in countries facing regulatory scrutiny, like Russia and China, are prohibited from using or Coinbase. For more information, read this article on which countries are supported by Coinbase.


Winner: Draw.

Both exchanges are available across most of the world, with people in the majority of countries having unfettered access to each platform. However, some users will find particular features like derivatives trading or staking unavailable in certain regions, putting both exchanges on equal footing. vs. Coinbase: Supported Fiat & Deposit Methods

For people wishing to deposit fiat currency to buy cryptocurrency, supports seven fiat currencies: AUD, CAD, EUR, GBP, USD, BRL, and TRY; if you deposit another currency, you could face currency conversion fees., like Coinbase, supports deposits using bank account transfers and credit/debit cards. Furthermore, you can deposit any supported asset from your crypto wallet.

depositing and buying crypto on coinbasedepositing and buying crypto on coinbase

It should be noted that although supports fiat purchases on the app, the exchange doesn't yet support direct fiat deposits in certain countries, the UK and the US.

On the other hand, Coinbase also supports seven fiat currencies and lets users deposit other currencies at the cost of conversion fees. However, while any asset can deposited to the standard Coinbase platform, only Bitcoin (BTC) and USD Coin (USDC) can be deposited to Coinbase Advanced Trade, which could dissuade people looking for an altcoin trading platform from using the exchange.



Although and Coinbase let users deposit the same number of fiat currencies, Coinbase loses out as it only allows select cryptocurrency deposits on its advanced trade platform, which could make moving over your assets from another exchange challenging. vs Coinbase: Supported Cryptos users can buy and sell an impressive selection of 288 unique cryptocurrency assets, with 627 total trading pairs available on the exchange. On the other hand, Coinbase has stricter listing requirements and hosts 241 cryptocurrencies and 524 trading pairs, more than 10% fewer than



Overall, and Coinbase have a similar number of supported cryptocurrencies. However, edges ahead as it offers slightly more crypto assets and trading pairs. Furthermore, offers 124 derivatives pairs, while Coinbase hasn't yet launched its upcoming derivatives markets. vs. Coinbase: Trading Fees is one of the cheapest cryptocurrency exchanges on the market. Users can spot trade while only paying 0.075% in transaction fees. Derivatives fees begin at 0.017% (maker) and 0.0340% (taker) per order. However, you can reduce your fees with increased trading volume or by locking up at least 1,000 CRO tokens.

On the other hand, Coinbase charges much higher fees for crypto purchases and trades. The maker-taker fee structure begins at 60bps per transaction for taker orders, while maker orders cost 40bps, with volume-based discounts available. Some additional charges can also be levied for depositing in non-natively supported currencies or purchasing crypto using a credit/debit card.

Coinbase is also running a zero trading fee promotion on its advanced platform at the time of writing. For a similar list of zero-fee crypto exchanges, read this article.

Trading Volume (USD) Fee (No CRO)Coinbase Fee
< 250,0000.075% / 0.075%60bps / 40bps
≥ 250,0000.070% / 0.072%20bps / 10bps
≥ 1,000,0000.0650% / 0.0690%18bps / 8bps
≥ 15,000,0000% / 0.500%16bps / 8bps

Winner: is significantly cheaper for trading compared to Coinbase. While only charges 0.075% for transactions, Coinbase is four to six times more costly. Furthermore, fans of can lock up the CRO token to earn additional trading fee discounts, providing users with even greater value. vs. Coinbase: Features and Coinbase offer different features and target different types of customers. Below, we'll break down the core features of each platform so our audience can determine which exchange is best for them. is a feature-rich platform that caters to every investor or trader. However, is divided into an exchange and mobile app, each boasting different features, which can confuse things, particularly for new users. From the app, you can manage your card, check your portfolio, buy crypto with fiat currency, or access's Earn program to receive interest on your crypto.

On the exchange, you can access several different features, including its margin platform and trading futures contracts with up to 20x leverage. However, many countries, including the US, the UK, and Australia, are prohibited from trading derivatives on Other features on the exchange include trading bots, crypto-backed loans, and a Supercharger to earn staking rewards for pledging the CRO token. Trading Bot Trading Bot Overview

While Coinbase was originally divided into two platforms, the company has now consolidated its features into a single exchange. Being aimed mostly at beginners, Coinbase offers access to an intuitive interface and educational tools like a system that provides users with crypto rewards for learning about projects and completing a brief quiz.

Beyond its basic features, Coinbase lets users boost their holdings passively through its crypto staking program, allowing users to earn up to 10.34% APY. More experienced users can make use of the recurring buy tool to streamline the Dollar Cost Averaging (DCA) strategy. Furthermore, like, Coinbase offers a crypto debit card, but only for US-based customers.

Coinbase Advanced Earn featuresCoinbase Advanced Earn features


In terms of features, and Coinbase are almost equal. However, offers a larger selection of tools for advanced users, like trading bots and crypto-backed loans, making it the more feature-rich platform overall. vs. Coinbase: Ease of Use is notably more complex than Coinbase. Due to the increased amount of features, is more confusing and will require more getting used to for new customers. While is split into two platforms with different features that provide homes to beginners and experienced traders, it's initially difficult to ascertain the differences between each platform, which could further confuse new users.

Coinbase ETH USDC Trading Interface screenshotCoinbase ETH USDC Trading Interface screenshot

Regarding trading, lets users buy or swap crypto on the app, but to trade properly using the typical order book-based interface, you must use the exchange. The exchange offers advanced trading capabilities powered by Tradingview. What's more, several order types are available on, letting users automatically open and close orders based on the current price of an asset.

Coinbase is tailored more toward new traders who are looking for an exchange where they can learn how to trade within a beginner-friendly environment. Key features can be found easily from the side menu, making navigation a breeze. Moreover, the standard Coinbase platform provides a streamlined way to buy, sell, send, receive, and swap crypto, making it ideal for novices who value simplicity over performance.

Coinbase ETH USDC Trading Interface screenshotCoinbase ETH USDC Trading Interface screenshot

Coinbase Pro was a separate platform that handled Coinbase's advanced trading functionality. However, the company has bundled its advanced and standard platforms, allowing users to switch between them at the press of a button. While Coinbase's advanced mode offers TradingView charts, it boasts fewer order types than, making it less suitable for experienced traders.


Winner: Coinbase.

Both exchanges are quite similar when it comes to ease of use. While Coinbase is better suited to beginners who value simplicity, is better for people looking for advanced tools and trading capabilities. However, is split into separate platforms for its features which makes Coinbase easier to use overall. vs. Coinbase: Mobile App and Coinbase offer mobile apps for Android and iOS devices. However, while's app is rated 4.6/5 on the App Store, the Coinbase app is rated 4.7/5, indicating that users have a slight preference for Coinbase.

The main lets users access their Card, purchase cryptocurrency assets with fiat, monitor their portfolios, and access's earn program. However, while you can swap crypto on the app, the Exchange app is required for advanced trading or charting, making the ecosystem more confusing and cumbersome. app app screenshots

The Coinbase app offers notably more features than the app. You can manage your card, deposit/withdraw funds, earn learning rewards, monitor the market, and access crypto staking. However, the Coinbase app includes an advanced trade feature, meaning you can access an order-book-based trading interface and a wide range of popular crypto indicators and order types from your mobile device.

coinbase app screenshotscoinbase app screenshots

Winner: Coinbase.

During testing, we found that while the mobile app is well-designed and offers access to critical basic features, its lack of advanced trading capabilities lets it down severely, cementing Coinbase as the best mobile app. vs. Coinbase: Trading Volume & Liquidity

When trying to determine which exchange is best, it's important to consider trading volume and liquidity. While the Coinbase Exchange is consistently within the top ten platforms by trading volume and boasts a liquidity score of 790/1000, the Exchange boasts a fraction of Coinbase's trading volume but is still fairly competitive regarding liquidity with a score of 640/1000.


Winner: Coinbase.

Coinbase regularly facilitates a larger amount of daily trading volume compared to and also offers deeper liquidity, making it the superior platform for high-volume traders or people looking for a day trading platform. vs. Coinbase: Security is a secure exchange that strives to protect its customers in several ways. The company prides itself on providing a safe trading environment. It secures most customer assets in cold storage, with all funds backed 1:1. Furthermore, strict restrictions are in place regarding who can access's hot and cold wallets. Despite its best efforts, was hacked in 2022 for over $30 million in BTC and ETH.

Like, Coinbase keeps 98% of customer funds locked away in cold storage, only storing funds necessary for day-to-day operations in hot wallets. Moreover, Coinbase protects customers with Two-Factor Authentication (2FA) and a strict listing process designed to protect users against rug pulls. However, Coinbase got hacked during the first quarter of 2021.

Both platforms offer Federal Deposit Insurance Corporation (FDIC) insurance for up to $250,000. However, the policy is only valid if an FDIC member fails, not the exchange.


Winner: Coinbase.

Coinbase and offer excellent security, back customer funds 1:1, and have insurance policies to protect customers. However, despite the platforms' best intentions, both exchanges have been hacked within the past few years, putting them on a level footing. However, the reputation and strong compliance of Coinbase with regulators and its listing on the NASDAQ make it a slightly more safer option. vs. Coinbase: Customer Support

To help its customers, has built a comprehensive help center containing hundreds of articles split into categories like the or Visa Card. However, for people requiring tailored assistance, also offers a chatbot and live chat with an average response time of around 20 minutes.

Coinbase offers a similar set of support tools. Users can browse through a help center to find answers to common queries. However, Coinbase offers an AI chatbot and live chat support for more specific issues. However, during our testing, we found that Coinbase responded slightly slower than



Although Coinbase is an intuitive platform offering excellent customer support, has a much larger selection of articles in its help center and a faster live chat response time. vs. Coinbase: Comparison Scores

We've summarized our findings for each category below to conclude which exchange is better: or Coinbase.

Comparison CriteriaWinner
Supported CountriesDraw
Trading Volume & LiquidityCoinbase
Ease of UseCoinbase
Mobile AppCoinbase
Security FeaturesCoinbase
Overal WinnerCoinbase

Final Verdict: or Coinbase? and Coinbase are both industry-leading exchanges offering many best-in-category features and premium trading tools to help your crypto investing journey. However, the right choice for you will depend on what you're looking for in a trading platform.

Coinbase is ideal for new traders looking for an easy-to-use exchange that will grow with them as their skills expand. The interface is easily navigatable and intuitive, with key features easily accessible on mobile or desktop. Furthermore, the Coinbase advanced platform will appeal to experienced traders searching for advanced tools, but it’s let down by its comparatively high fees and lack of order types.

On the other hand, is the more feature-rich exchange by a wide margin. It offers trading tools like automated bots, trading fees of just 0.075%, and a larger selection of cryptocurrencies. However, as is split into two platforms and offers more features than Coinbase, it would confuse novice traders despite being a reasonably good alternative to Coinbase.

Jacob WadeJacob WadeJacob Wade

Jacob Wade has been a nationally-recognized personal finance expert for the past decade. As a cryptocurrency enthusiast and investor since 2020, Jacob enjoys researching and writing about the latest in crypto and blockchain technology. Jacob's work has been featured in several publications like CBS News, MSN Money, Forbes, NASDAQ, Yahoo! Finance, Go Banking Rates, The Balance, Investopedia, New York Times and AOL Finance.

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