https://investmentchannel.net vs Coinbase – Which is the Best Exchange in 2022?

Getting into cryptocurrency in 2022 is easier and more accessible than ever, but choosing the best platform to buy crypto on – or deal crypto you own already – can seem daunting .
Out of the many crypto exchanges available to investors and traders, two popular ones made it onto our top 10 tilt – Crypto.com and Coinbase exchange. Which is the better platform though ?

Crypto.com vs Coinbase Summary

When it comes to crypto exchanges, Crypto.com and Coinbase are extremely popular amongst new and existing users .
The platforms are a great way to ensure that users have a condom and efficient way to buy, deal, and sell cryptocurrencies.

  • Coinbase is a platform that’s a little on the expansive side of things. However, the added resources and extra security make up for those few extra bucks. Moreover, Coinbase turns out to be the preferred mode of investment by many beginners in the crypto space. It is also termed to have a better and easy-to-use interface.
  • Crypto.com is considered to be more cost-effective by many users and hence is adopted by them to buy, sell and trade cryptocurrencies. It has a larger selection of cryptocurrencies, lower fees involved and a wide range of exciting and exclusive features. So someone, who might be a veteran in the crypto space can go for Crypto.com over Coinbase.

While both of them have their own sets of benefits, far on in this guide we ’ ll compare every aspect to see platforms stack up against each other .
We ’ ll besides add in for comparison our top recommendation which is eToro, a more regulated crypto chopine with alone tools like copytrading .
Visit Crypto.com Cryptoassets are a highly volatile unregulated investment product.

Features Coinbase Crypto.com
Currencies 100+ 250+
Fees Up to 0.50% spread per trade, 3.99% for credit card purchases, and 1.49% for Coinbase wallet or bank account purchases 0.04% to 0.4% maker fees, 0.1% to 0.4% taker fees; 2.99% for credit card purchases
Offline Storage 98% 100%
Supported Transactions Buy, sell, send, receive, withdraw, and exchange Buy, sell, send, receive, withdraw, and exchange
Demo Account No Demo Account No Demo Account
Wallet Specifications AES-256 encryption wallets and multi-signature wallets are available Private keys, locally encrypted, Multi-factor authentication (MFA), biometric

What is Crypto.com?

crypto.com logo Crypto.com has grown to become a popular and trusted crypto exchange platform, since launching in June 2016. The parent company of Crypto.com is Forix DAX Asia Pte Ltd. The platform presently consists of 3,000 employees and over 10 million users. The company was founded by Gary Or, Bobby Bao, Rafael Melo, and Kris Marszalek .
Crypto.com allows its clients the opportunity to buy, sell and trade different cryptocurrencies. Users can conduct cryptocurrency-related buy, sell, and deal activities at a relatively lower price than other crypto exchanges .
With over 250+ cryptocurrencies on its platform, it gives a wide range of choices to potential investors and users to buy cryptocurrency and trade .
Buy crypto on Crypto dot com site
additionally, the substitute besides offers features like cryptocurrency credit cards, a decentralized exchange, a standalone crypto wallet, and even an NFT market. Users on Crypto.com besides have an choice to venture their Crypto and store it on the Crypto.com wallet, earning them a 14.5 % concern .
The fees on the platform are lower and limited to 0.40 % and decrease as the trade book increases or a meaning sum of CRO is held. All in all, Crypto.com serves as a good platform for those who want to do more with their cryptocurrency holdings preferably than just investing and holding .

Features of Crypto.com

Crypto.com has a broad range of features, making it an excite platform for investors. One of the biggest features of the exchange is its own native coin – Cronos ( CRO ), once known as Crypto.com coin. Users can directly purchase the mint from the chopine ( it ’ second besides available on other exchanges ) .
What makes CRO unique and quite democratic is that it can gain Crypto.com users some generous interests at around 10 % APR day by day .
apart from this, if you pay your trade fees using CRO, you receive a rebate, and an extra cashback if and when Crypto Pay is used .
crypto dot com and Coinbase comparison
Staking CRO on the Crypto.com mobile app besides helps you gain access to a premium alloy Visa circuit board, receiving up to 8 % cashback on purchases paid using CRO, rebates on your Netflix and Spotify subscriptions and bookings through Expedia, Airbnb. Apart from that, there is an exclusive Airport Lounge access, and 2 % extra concern on fixed deposits .
The premium-looking Crypto.com metallic Visa circuit board can be requested from the app, once you start staking CRO coin. This card can besides be used as a normal batting order and loaded with decree currency aside from your cryptocurrency .
furthermore, investors can post over 40+ different cryptocurrencies, apart from equitable CRO .
Some other product-based features of Crypto.com include

  1. Crypto Pay: This feature allows Crypto.com users to buy gift cards using crypto or select crypto pay at checkout at certain retailers to pay using cryptocurrencies.
  2. Crypto Earn: Users can earn up to 14.5% on crypto deposits on Crypto.com.
  3. Crypto Credit: Non-US-based users on Crypto.com can use this feature. It allows users to borrow up to 50% of their crypto collateral as a crypto loan.

Cryptoassets are a highly volatile unregulated investment product.

What is Coinbase?

coinbase logo Coinbase is a cryptocurrency exchange platform used by crypto investors to buy, sell and trade cryptocurrencies. It consists of 100 plus cryptocurrencies that investors can look into. major cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin are listed on the platform .
With over 89 million-plus users and $ 289 billion in assets, it is one of the largest cryptocurrency exchanges in the worldly concern. Users which are beginning their travel into the crypto ecosystem will particularly prefer Coinbase ascribable to its still of usage and childlike drug user platform .
The caller besides has an option of Coinbase Pro for users who want to foray far into the advance features. Anyone can use the Pro adaptation once setting up a Coinbase bill then use the lapp credentials to log in. It gives the users more trade types, restrict orders and stop orders, which are otherwise absent on the Coinbase platform .
Coinbase and crypto dot com comparison
Coinbase was founded in 2012, as a outer space for sending and receiving Bitcoin. Since then, the party has exponentially expanded its number of cryptocurrencies available on the chopine and has about 2,700 employees .
With operations in more than 100 countries and a trade volume of $ 327 billion per quarter, it holds the position of the second-largest rally in the earth, behind alone Binance .
The company besides runs two separate trade platforms, apart from a standalone cryptocurrency wallet service .

Features of Coinbase

Coinbase is a crypto exchange platform that consists of a list of user-friendly and beginner-friendly features .
Adding to the list of unique features on Coinbase is a feature that helps you earn crypto merely by watching a short video. The users receive dislodge crypto after viewing a 3-minute long educational television. These videos have double benefits of helping you learn from the available educational resources while allowing you to earn anywhere between $ 3- $ 10 .
Coinbase besides has a fluid wallet available for io and Android devices. According to Google Play Store, there are over 1 million downloads, with a 4.3-star denounce .
coinbase comparison with crypto dot com
The Coinbase wallet allows users to look into a batch of innovations, apart from precisely cryptocurrencies. It allows users to participate in airdrops and ICOs, roll up and trade NFTs, browse and explore decentralized apps ( dApps ), and send crypto to anyone around the world .
like to Crypto.com, Coinbase besides has a Visa debit card- the Coinbase card, which was made public in the fall of 2021, allowing users to earn up to 4 % in rewards on every leverage. furthermore, Coinbase has its own native mint excessively, called the USDC, or the USD Coin. Holding onto the USDC earns a 0.15 % average percentage output to the customers .

Available Currencies To Trade on Crypto.com & Coinbase

In recent years, Coinbase has been gradually expanding its list of cryptocurrencies available on the platform. however, Crypto.com provides a greater range of cryptocurrencies and assets on the platform .
Crypto.com supports 250+ cryptocurrencies, whereas Coinbase has 100+ of them. Both the platforms accompaniment major decree currencies including USD, EUR, GBP vitamin a well as mint fractions .
notably, Coinbase hasn ’ t listed Vechain, Avalanche, XRP or Binance Coin. Being SEC compliant to operated in the US, Coinbase didn ’ metric ton number XRP as the consequence of the SEC v Ripple lawsuit is even pending .
Cryptoassets are a highly volatile unregulated investment product.

Types of Accounts Available

many crypto exchanges tend to provide different types of accounts to their users, depending on their utility program and functionalities. In that very manner, both the platforms, Crypto.com and Coinbase provide access to unlike types of accounts on their platforms .
In the case of Crypto.com, there is the primary account that is available for every exploiter on the platform with a whole located of unlike functionalities and features, including- technical charts, DeFi access amongst other things. furthermore, a list of advance features can be accessed on the Crypto.com chopine .
Crypto.com-App-Home-page
Among these are services for features like buying, selling and trade NFTs ( non-fungible tokens ), access to a DeFi wallet allowing investors to swap and farm DeFi tokens while maintaining ownership of their own individual keys, and a “ pay for business ” feature that enables businesses to accept crypto as a form of payment .
recently, Crypto.com released sub-accounts for allowance and position trading on the substitute platform. Sub-accounts permit users to create multiple accounts within their chief history, facilitating trade with mugwump balances, margins and positions .
Users can then diversify their trade strategies by isolating funds and exploring different cryptos. This feature is receptive to institutional and individual investors a well .
On Coinbase, most of the basic features that any crypto investor would require are show. Over time, the platform has added features like :

  • Automatic staking services for some proof-of-stake coins
  • Interest-earning wallets for the USDC and DAI stablecoins
  • Crypto lending services
  • Price alerts
  • Educational materials regarding crypto

Coinbase features online
With many experts and users claim that the features of the platform aren ’ thyroxine advanced enough, Coinbase released the Coinbase Pro version. It allows Coinbase users to access the Pro version which gives them more barter types, limits and stop orders. Coinbase Pro besides allows users the basal features at a lower monetary value .

Crypto.com Fees vs Coinbase Fees

As with any other cryptocurrency exchange or platform, there is a tip involved when one uses Crypto.com or Coinbase .
however, what can be noticed straight aside is the fact that Crypto.com is means more cost-efficient than Coinbase .
Coinbase has a little more complex fees structure with flat and variable star fees involved .

Flat Fees Coinbase
$10 or less $0.99
$10 to $25 $1.49
$25 to $50 $1.99
$50 to $250 $2.99

Cryptoassets are a highly volatile unregulated investment product.
Both the platforms follow the maker-taker tip structure and are to be paid once a transaction is completed. These fees are besides variable to the volume of trades taking place .
On Crypto.com, market makers pay somewhere between 0.04 % and 0.4 %, whereas market takers pay between 0.1 % to 0.4 %. There are no extra debit or credit buying fees on Crypto.com involved .
Coinbase, on the early hand, charges fees upon the deal orders as opposed to complete trades. market makers pay between 0.04 % and 0.5 %, and the market takers pay between 0 % to 0.5 % .
Coinbase has an extra 3.99 % fee for using debit or credit cards to make a purchase. In order for a exploiter to avail of the least Coinbase fees, they need to trade upwards of $ 500 million in a month .
Any drug user trade more than $ 500 million will be charged 0.05 % in taker fees and no manufacturer fees would be involved .

Fees Type Crypto.com Coinbase
Bank Account Free 1.49%
Debit/Credit cards 2.99% 3.99%
Wallet Conversion Fees Free 1.49%
Wire Transfer Free, with a minimum of $1,000 $10 deposit, $25 withdrawal

User Experience: Crypto.com vs Coinbase

Coinbase and Crypto.com have been working quite extensively on ensuring their customer feel is ace .
Coinbase has taken a simple approach in designing its app ’ s interface, which makes it pretty easy to use and navigate the web site to figure out what to do following .
Coinbase charts

Crypto.com ’ s web site might be a little submerge in the first go, with one besides many elements involved at places. Experts normally mention Coinbase as the beginning central beginners should explore and get used to .
One of the most significant factors, when taking exploiter experience into consideration is approachability. Coinbase is available in more than 100 countries including the U.S, Canada, and 39 european countries .
Although, the caveat here is that the residents of Hawaii ( U.S ) might not be able to use it and the residents of New York might face certain restrictions .
On the early hand, while New York residents can ’ deoxythymidine monophosphate habit Crypto.com, Hawaii residents can. however, in sum. 27 coins aren ’ triiodothyronine available to the residents of the U.S .
Both the platforms offer web-based and app-based trade capabilities. See our inspection of the best crypto apps .
Cryptoassets are a highly volatile unregulated investment product.

Mobile Apps: Crypto.com vs Coinbase

When it comes to mobile applications, both platforms have a robust mobile app in space .
The Coinbase mobile application is available on both Android & io. The application, overall, has an easy-to-use interface and promotes minimal clicks approach, with every buy, sell or trade action available in a few clicks .
Crypto.com ’ s mobile application is available on Android & io adenine well. With more technical features in position, the Crypto.com mobile lotion can turn out to be quite familiar to person who regularly trades stocks through mobile apps .

Are demo Accounts Available on Crypto.com and Coinbase?

Demo accounts are a type of account offered by trade platforms, allowing prospective customers to experiment with the trading chopine before investing their substantial hard-earned money into it .
Demo accounts are used by crypto exchanges as a promotional joyride to involve more people on board and to help their likely users experiment with the platform .
Neither of the two platforms, Coinbase or Crypto.com provide a show score choice to their users .
however, if you ’ re person who wants to test the waters before diving deep into the universe of cryptocurrencies, and are disbelieving to start investing before exploring, a demonstration report can be pretty helpful .
eToro is one of the few platforms, that provides its users with the feature of opening a show history on the chopine. The demonstration trading report on eToro comes with $ 100,000 in virtual currency, which a user can trade with. Investors can reset the demonstration account at any time, allowing them to start afresh .
furthermore, a show account still allows the user to entree all of eToro ’ s features, including replicate deal, technical charts and more .
Cryptoassets are a highly volatile unregulated investment product.

Crypto.com vs Coinbase – Minimum Deposit & Payment Methods

In the comparison between Crypto.com vs Coinbase, we found that both platforms accept a wide rate of requital methods across diverse domains .
Talking about Coinbase inaugural, the chopine requires a minimum deposit of $ 2 to start trade, buying or selling on the platform. On the early hand, Crypto.com has a minimal deposit of $ 1 available .
Crypto.com & Coinbase, both offer a variety of requital platforms to their users .

Payment Platform Coinbase Crypto.com
Bank Transfer Yes Yes
ACH Yes Yes
Apple Pay Yes No
Debit/Credit Card Yes Yes
PayPal Yes Yes
SWIFT Yes Yes
Cryptocurrency Yes Yes

Cryptoassets are a highly volatile unregulated investment product.

Customer service

When it comes to customer service, Crypto.com tends to have an amphetamine hand. Customer serve is one of the most meaning issues that users have reported with Coinbase. The grievance redressal system for customers is such, that it is about impossible to get in touch with a real human .
official Coinbase customer service options are the Coinbase avail page, emailed back tickets, an automated telephone system and a chatbot .
Crypto.com on the other hand formally has a aid foliate, electronic mail and a live old world chat. There is no phone support for Crypto.com customers available, similar to Coinbase and respective early crypto substitute platforms .

Crypto.com vs Coinbase Regulation & Safety

With the attack of many security breaches and hacks taking place, crypto exchanges have the burden of having robust security system systems in seat to protect their users ’ investments. Both, Coinbase and Crypto.com have deployed security features and measures .
Let ’ s search at the two platforms from a guard and security point of view .

Security Feature Coinbase Crypto.com
Cold Storage Share 98% 100%
Multi-factor Authentication Yes Yes
Additional Measures Background check on employees. No sensitive data is stored online Compliances and security certifications are in place. External firms to conduct audits
Insurance Up to $250,000 Up to $250,000

Crypto.com Security

Crypto.com is a vastly secured chopine and they store 100 % of a exploiter ’ randomness cryptocurrencies offline in coldness storage, which is made possible by using Ledger Vault ’ s institutional-grade detention .
The exchange was even awarded the prestigious ISO/IEC 27701:2019 certificate in 2020. This not merely made Crypto.com a secure entity to conduct your cryptocurrency transactions but besides the first crypto central in the world to do so .
Crypto.com hush continues to carry forward its policies around security, rigorous policies, procedures and controls. This makes Crypto.com the go-to cryptocurrency rally for many enthusiasts and veteran investors alike .
Adding on to the security features and policies is the add benefit of indemnity cover for its crypto assets in a scenario where a transgress or hack might lead to customer losses .

Coinbase Security

Coinbase used a multi-layered arrangement such as 2-factor authentication, biometric logins, and data encoding, with USB drives and paper backups. These drives and backups are distributed geographically around the world in condom and vaults .
In arrange to maintain an overall batten environment, the central besides has a mandatary necessity to pass a criminal background check, and their hard drives are encrypted .
Coinbase stores 98 % of its digital assets offline in cold storage and has a crime insurance cover to protect digital assets in the event of a cybersecurity transgress or any other losses taking place .

Are Crypto.com or Coinbase the best Crypto Exchange in 2022?

If you want to both blemish deal and allowance deal on leverage Crypto.com is the clear winner over Coinbase, offering futures trading. It has besides listed more altcoins than Coinbase therefore far in 2022 .
US investors however may prefer Coinbase as it ’ s available to them and secure, being SEC compliant in the United States where it has a dear reputation .
eToro is besides outdoors to the US and has some alone features neither Crypto.com or Coinbase have, such as copytrading and ready-made Smart Portfolios. It ’ s our top recommendation for 2022 for those reasons .
eToro platform features
quite than attempt to swing trade or day trade by yourself you can choose from list of approved professional investors, browse their recent trade performance over the last year and pick one or several to copytrade. last year copytraders on eToro averaged 30.4 % ROI based on the clear 50 most replicate traders .
The Smart Portfolios are a room to copy a long-run investing portfolio if you don ’ deoxythymidine monophosphate want to copy a short-run trader .
They include one named Crypto Portfolio, which focuses on the boastfully cap altcoins, and then there are others such as DeFi Portfolio and Metaverse Life which narrowly focus on new emerging assets in the decentralized finance and metaverse space .
Using either service on eToro incurs no supernumerary management fees, you entirely pay the unfold you would ’ ve paid were you to take those trades or invest in those cryptos yourself .
Cryptoassets are a highly volatile unregulated investment product.

Crypto.com vs Coinbase – The Verdict

Choosing the best crypto substitute from a long number of available options can be confusing .
After evaluating all the features, the pros and cons of Crypto.com deoxyadenosine monophosphate well as Coinbase, the verdict at the end of the day comes down to your needs as an investor or trader. If you margin barter, the choice will be Crypto.com .
If you ’ re a raw investor, a simple interface takes priority over anything. similarly, for person who has been investing in cryptocurrencies for quite a while now, the number of cryptocurrencies available is imperative, to diversify their portfolio. Coinbase is easiest to use but Crypto.com has listed more coins .
While these two crypto exchanges have gained massive popularity in holocene years, there are sealed exchanges like eToro that have been active for even longer – since 2007 – with extra singular tools, such as copy trade and ache porfolios – whatever markets you invest in ( stocks and commodities are besides listed ), there ’ ll be a way to copytrade a professional investor .
etoro logo
Cryptoassets are a highly volatile unregulated investment product.

FAQs

Which is better Crypto.com or Coinbase?

Both platforms have their own fit of benefits – Coinbase has an easy-to-use and understand, and Crypto.com has more advance features like ageless futures pairs for deal on leverage. We besides rate Crypto.com higher as it has listed more cryptos. This is to be taken into consideration when you ’ ra selecting your first cryptocurrency exchange – your flush of expertness, what features you require and what coins you want to buy .

Who should use Crypto.com?

Investors who are looking forward to a crypto exchange platform that has extensive features and a more diversified set of coins can go to Crypto.com. furthermore, if you are person who looks up to crypto exchange platforms that are more cost-efficient, then Crypto.com is your go-to platform .

Who should use Coinbase?

Coinbase is an easier-to-use platform, made keeping beginners in mind. If you ’ re person who has started investing in cryptocurrencies recently, then Coinbase provides a very intuitive and easily apprehensible platform. While the overall costs are a little on the higher end, the educational resources and other features make up for it .

Which between Coinbase and Crypto.com is better for day trading?

Crypto.com seems like a better option for intraday deal due to its maker-taker price strategy, lower fees and more. You can besides copytrade professional daytraders on eToro .

Which is cheaper, Crypto.com or Coinbase?

Crypto.com is significantly cheaper than Coinbase. In font, you ’ re person who ’ second looking forward to starting out exploring cryptocurrency with a limited corpus, you might be volition to try Crypto.com over Coinbase .

Can I copytrade on Crypto.com or Coinbase?

none of the two crypto exchanges has transcript trade capabilities available on the chopine. however, if you ’ re looking forward to exploring and implementing copy trade, eToro is our most recommend platform .

Which has more cryptocurrencies available, Crypto.com or Coinbase?

Crypto.com wins for the number of currencies available on the platform. It has listed 250+ assets on the platform, whereas Coinbase has a little over 100 .

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