There are three main fees that you should pay attention to when using cryptocurrency apps and exchanges: deposit, trading, and withdrawal. Costs can vary depending on the payment method, trading amount, location and cryptocurrency.
Neither Crypto.com nor Coinbase charges a fee for depositing funds via bank transfer, but both do charge for debit card payments. On most exchanges, you will find that it is free to deposit cryptocurrency but there are costs for transferring fiat currency (traditional money) from your bank account.
Unfortunately, Coinbase doesn’t have much transparency about cryptocurrency trading fees – they say they are calculated when you place your order but don’t publish the manufacturer/recipient fees as other sites do.
Let’s say you buy $200 worth of Bitcoin on Coinbase using a debit card, you’ll pay a Coinbase fee of 3.99% for using the card and a difference of about 0.5%. The spread may change when you trade. The fees are lower and more transparent if you are using Coinbase Pro.
On Crypto.com, you will pay 2.99% for debit card use and a 0.4% maker/taker trading fee. This fee is lowered for customers with higher trading volume or those who participate in Crypto.com (CRO) coin. Crypto.com waives debit/credit card fees for new customers in the first 30 days.
As with its trading fees, Coinbase only discloses the withdrawal fees when a transaction is made. You can transfer funds to a Coinbase wallet for free, but you will have to pay a variable fee to transfer your crypto asset to a different external crypto wallet. In contrast, Crypto.com publishes its own withdrawal fee for each cryptocurrency, although it is free to transfer assets to a Crypto.com wallet.
In general, the fees on Crypto.com are lower. But Coinbase does offer additional deposit options, such as transferring from PayPal.