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Crypto.com vs. Coinbase: Which Should You Choose?

Crypto.com vs. Coinbase: Which Should You Choose?
Written by publisher team

Crypto.com Queen Piece
Bank account free 1.49%
Wallet Transfer Fee free 1.49%
Debit / Credit Cards 2.99% 3.99%
ACH . conversion Free, minimum $20 free
wire transfer Free, with a minimum of $5,000 Deposit $10, withdraw $25
Cryptocurrency exchange free Spread up to 2%
character Maker-taker model is based on 30-day trading volume Model Maker Taker

Maker-taker fees for Crypto.com vary according to 30-day trading volume:

  • 0 to $25,000: 0.40% maker, take 0.40%
  • $2,501 to $50,000: 0.35% maker, 0.35% taker
  • From $50,001 to $100,000: 0.15% maker, 0.25% taker
  • $100,000 to $250,000: 0.10% maker, 0.16% taker
  • 250,001 USD to 1,000,000 USD: 0.09% maker, 0.15% taker
  • $1,000,001 to $20,000,000: 0.08% maker, 0.14% taker
  • From $20,000,001 to $100,000,000: 0.07% maker, take 0.13%
  • 100,000,001 USD to 2,000,000 USD: 0.06% Maker, 0.12% Taker
  • $200,000,001 and above: 0.04% Maker, 0.10% Taker

In comparison, Coinbase charges slightly higher prices:

  • 0 to $10,000: 0.50% taker, 0.50% maker
  • $10,000 to $50,000: 0.35% taker, 0.35% maker
  • $50,000 to $100,000: 0.25% taker, 0.15% maker
  • $100,000 to $1,000,000: 0.20% taker, 0.10% maker
  • $1,000,000 – $10,000,000: 0.18% taker, 0.08% maker
  • $10,000,000 to $20,000,000: 0.18% taker, 0.08% maker
  • 20,000,000 to 50,000,000 USD: 0.15% taker, 0.05% maker
  • 50,000,000 USD to 100,000,000 USD: 0.15% taker, 0.05% maker
  • 100,000,000 USD to 300,000,000: 0.10% taker, 0.02% maker
  • 300,000,000 to 500,000,000 dollars: 0.08% taker, 0.00% maker
  • $500,000,000 to $750,000,000: 0.06% taker, 0.00% maker
  • 750,000,000 USD to 1,000,000,000: 0.05% taker, 0.00% maker
  • 1,000,000,000 to 2,000,000,000: 0.04% taker, 0.00% maker
  • 2,000,000,000 USD +: 0.04% taker, 0.00% maker


Crypto.com vs Coinbase: Ease of Use

Both systems offer web or app based trading. Although the mobile apps and browser tools are intuitive and easy to use, the exchanges look different. Coinbase takes a minimalist approach, making it easy to navigate the site or discover your next steps.

In contrast, Crypto.com offers many products, and the website can be overwhelming at first glance. Newbies to trading may feel more comfortable using Coinbase until they understand the terminology and the types of transactions that are supported.


Crypto.com vs. Coinbase: Access

Coinbase is available in more than 100 countries including the United States, Canada, Singapore, the United Kingdom, and 39 European countries. However, Hawaii residents cannot use Coinbase. New Yorkers may face restrictions.

Although New York investors cannot use Crypto.com, Hawaii residents can. Furthermore, it is available to residents of over 100 countries, including the US, Australia, Singapore and Canada, and UK DAI is not available in Connecticut. PAXG is not available in Connecticut and Texas. In total, 27 coins are not available to residents of the United States.


Final verdict

Ease of use, low fees, and an impressive selection of currencies make up some of the best cryptocurrency exchanges. Although Crypto.com has a slight learning curve, the website and app are easy to use and easy to navigate. In addition, the costs are lower than Coinbase, and there is a wider range of currencies. Along with many discounts and products, such as cryptocurrency payment for purchase options, these reasons make it the top spot on Coinbase.


Frequently asked questions (FAQs)

What are Crypto.com and Coinbase?

Crypto.com and Coinbase are crypto exchange platforms that allow investors to buy and sell popular and lesser known cryptocurrencies. Users can keep funds in their online accounts or transfer to their account using various methods, such as credit card, wire transfer or ACH withdrawal. Both are excellent options for people who want to invest in cryptocurrencies or earn small amounts of cryptocurrency in exchange for using or learning on the platform.

How do Crypto.com and Coinbase work?

Crypto.com and Coinbase use similar verification methods once users sign up for an account. Once the account is verified, investors can deposit funds via ACH, wire transfer, PayPal, credit or debit card.

To trade on Crypto.com, go to the Markets page, choose your currency and click trade. On Coinbase, just click Get Started to see a list of crypto assets. Both platforms require investors to decide how much to buy and show fees before closing the deal.

Regardless of the exchange used, to get the most out of cryptocurrency trading, it is essential to learn the basics of investing, find the cheapest ways to deposit funds (usually ACH), and decide what security measures you want to take.

Are Crypto.com and Coinbase Safe?

Yes, Crypto.com and Coinbase are safe and use industry-standard or higher security measures for US residents. Although Crypto.com is located in Hong Kong, where some rules may differ, it prioritizes security on an equal footing with Coinbase. Both exchanges are well known in the space and use bug bounty hunters to root out potential security issues.

Who Should Use Crypto.com vs. Coinbase?

First-time traders who do not understand the terminology and the process may prefer the simplicity of Coinbase along with the educational materials provided. It’s an excellent starting platform, and once investors become familiar with trading, the Coinbase Pro app is a free upgrade and offers cheaper fees.

However, if you have a basic understanding of cryptocurrencies and would like to participate in the CRO, you can take advantage of the many benefits on Crypto.com. The higher the investor stakes, the lower the costs. Even without CRO feedback, trading on Crypto.com is less expensive. Moreover, you will have access to various Visa and Gift Cards that you can use to earn and spend cryptocurrency.


methodology

We evaluated Crypto.com and Coinbase by looking at overall ease of use, from the experience on the website to the mobile apps. In addition, we compared the total coins available against the cryptocurrencies that are not available to US investors. We also looked at how fees stack up when trading, security measures, and the potential to earn cryptocurrencies for a fee discount. On top of that, we examined the unique features on both platforms, such as educational resources on Coinbase and Crypto Pay options on Crypto.com.

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publisher team