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Crypto.com vs. Coinbase
After conducting extensive testing for our Crypto.com versus Coinbase article, the HedgeWithCrypto team has determined that Crypto.com is the superior platform due to its significantly lower fees, large pool of assets, and extensive range of advanced features.
Hedge with Crypto aims to publish information that is factual and accurate as of the date of publication. For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website. This information is general in nature and is for educational purposes only. Hedge with Crypto does not provide financial advice nor does it take into account your personal financial situation. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries.
TABLE OF CONTENTS
Quick Verdict
Crypto.com 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 Crypto.com, it lacks important features like leverage or automation tools and charges substantially higher fees than Crypto.com.
Conversely, Crypto.com is more difficult to get used to due to its busy interface. Additionally, Crypto.com'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, Crypto.com is the best overall cryptocurrency exchange.
| Coinbase | Crypto.com | |
|---|---|---|
| Website |
https://www.hedgewithcrypto.com/go/coinbase |
https://www.hedgewithcrypto.com/go/cryptocom |
| Promotion | $5 BTC bonus (USA only) | None available at this time |
| Fiat Currency | USD, GBP, EUR, CAD, SGD, NZD & AUD | AUD, CAD, EUR, GBP, USD, BRL, and TRY |
| Supported Cryptocurrency | 241 | 288 |
| Deposit Method | 1995 | 2271 |
| Max. Trading Fee | 0.4% (maker), 0.6% (taker) | 0.075% |
| Live Chat Support | 1995 | 2271 |
| Main Features | 1995 | 2271 |
| Staking | 1995 | 2271 |
| Markets | 1995 | 2271 |
| Mobile App | 1995 | 2271 |
| Overall Rating | HedgewithCrypto Score 4.7 / 5 We provide an overall weighted average rating out of 5 stars. Our ratings are based on objective criteria like the ease of use, fees, deposit methods, customer support and availability. Our reviews are not influenced by 3rd parties. Click here for further information about our rating methodology and a full list of categories we review against.   Visit Coinbase |
HedgewithCrypto Score 4.2 / 5 We provide an overall weighted average rating out of 5 stars. Our ratings are based on objective criteria like the ease of use, fees, deposit methods, customer support and availability. Our reviews are not influenced by 3rd parties. Click here for further information about our rating methodology and a full list of categories we review against.  Visit Crypto.com |
| Review | Read our full Coinbase Review | Read our full Crypto.com Review |
Coinbase At A Glance
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)
-
Currency:
USD, GBP, EUR, CAD, SGD, NZD & AUD
-
Country:
Worldwide
-
Promotion:
$5 BTC bonus (USA only)
Crypto.com At A Glance
Founded in 2017, Crypto.com 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 Crypto.com review.
-
Trading Fees:
0.075%
-
Currency:
AUD, CAD, EUR, GBP, USD, BRL, and TRY
-
Country:
Global (USA Allowed)
-
Promotion:
None available at this time
Crypto.com vs. Coinbase: Supported Countries
Crypto.com 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 Crypto.com or 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.
Crypto.com vs. Coinbase: Supported Fiat & Deposit Methods
For people wishing to deposit fiat currency to buy cryptocurrency, Crypto.com supports seven fiat currencies: AUD, CAD, EUR, GBP, USD, BRL, and TRY; if you deposit another currency, you could face currency conversion fees. Crypto.com, like Coinbase, supports deposits using bank account transfers and credit/debit cards. Furthermore, you can deposit any supported asset from your crypto wallet.
It should be noted that although Crypto.com 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.
Winner: Crypto.com.
Although Crypto.com 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.
Crypto.com vs Coinbase: Supported Cryptos
Crypto.com 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 Crypto.com.
Winner: Crypto.com.
Overall, Crypto.com and Coinbase have a similar number of supported cryptocurrencies. However, Crypto.com edges ahead as it offers slightly more crypto assets and trading pairs. Furthermore, Crypto.com offers 124 derivatives pairs, while Coinbase hasn't yet launched its upcoming derivatives markets.
Crypto.com vs. Coinbase: Trading Fees
Crypto.com 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) | Crypto.com Fee (No CRO) | Coinbase Fee |
|---|---|---|
| < 250,000 | 0.075% / 0.075% | 60bps / 40bps |
| ≥ 250,000 | 0.070% / 0.072% | 20bps / 10bps |
| ≥ 1,000,000 | 0.0650% / 0.0690% | 18bps / 8bps |
| ≥ 15,000,000 | 0% / 0.500% | 16bps / 8bps |
Winner: Crypto.com.
Crypto.com is significantly cheaper for trading compared to Coinbase. While Crypto.com only charges 0.075% for transactions, Coinbase is four to six times more costly. Furthermore, fans of Crypto.com can lock up the CRO token to earn additional trading fee discounts, providing users with even greater value.
Crypto.com vs. Coinbase: Features
Crypto.com 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.
Crypto.com is a feature-rich platform that caters to every investor or trader. However, Crypto.com 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 Crypto.com card, check your portfolio, buy crypto with fiat currency, or access Crypto.com's Earn program to receive interest on your crypto.
On the Crypto.com 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 Crypto.com. Other features on the exchange include trading bots, crypto-backed loans, and a Supercharger to earn staking rewards for pledging the CRO token.
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 Crypto.com, Coinbase offers a crypto debit card, but only for US-based customers.
Winner: Crypto.com.
In terms of features, Crypto.com and Coinbase are almost equal. However, Crypto.com offers a larger selection of tools for advanced users, like trading bots and crypto-backed loans, making it the more feature-rich platform overall.
Crypto.com vs. Coinbase: Ease of Use
Crypto.com is notably more complex than Coinbase. Due to the increased amount of features, Crypto.com is more confusing and will require more getting used to for new customers. While Crypto.com 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.
Regarding trading, Crypto.com 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 Crypto.com exchange offers advanced trading capabilities powered by Tradingview. What's more, several order types are available on Crypto.com, 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 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 Crypto.com, 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, Crypto.com is better for people looking for advanced tools and trading capabilities. However, Crypto.com is split into separate platforms for its features which makes Coinbase easier to use overall.
Crypto.com vs. Coinbase: Mobile App
Crypto.com and Coinbase offer mobile apps for Android and iOS devices. However, while Crypto.com'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 Crypto.com lets users access their Crypto.com Card, purchase cryptocurrency assets with fiat, monitor their portfolios, and access Crypto.com's earn program. However, while you can swap crypto on the app, the Crypto.com Exchange app is required for advanced trading or charting, making the Crypto.com ecosystem more confusing and cumbersome.
The Coinbase app offers notably more features than the Crypto.com 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.
Winner: Coinbase.
During testing, we found that while the Crypto.com 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.
Crypto.com 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 Crypto.com 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 Crypto.com and also offers deeper liquidity, making it the superior platform for high-volume traders or people looking for a day trading platform.
Crypto.com vs. Coinbase: Security
Crypto.com 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 Crypto.com's hot and cold wallets. Despite its best efforts, Crypto.com was hacked in 2022 for over $30 million in BTC and ETH.
Like Crypto.com, 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 Crypto.com 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.
Crypto.com vs. Coinbase: Customer Support
To help its customers, Crypto.com has built a comprehensive help center containing hundreds of articles split into categories like the Crypto.com or Visa Card. However, for people requiring tailored assistance, Crypto.com 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 Crypto.com.
Winner: Crypto.com.
Although Coinbase is an intuitive platform offering excellent customer support, Crypto.com has a much larger selection of articles in its help center and a faster live chat response time.
Crypto.com vs. Coinbase: Comparison Scores
We've summarized our findings for each category below to conclude which exchange is better: Crypto.com or Coinbase.
| Comparison Criteria | Winner |
|---|---|
| Supported Countries | Draw |
| Trading Volume & Liquidity | Coinbase |
| Deposit Methods | Crypto.com |
| Supported Coins | Crypto.com |
| Features | Crypto.com |
| Ease of Use | Coinbase |
| Mobile App | Coinbase |
| Security Features | Coinbase |
| Customer Support | Crypto.com |
| Overal Winner | Coinbase |
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Jacob 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.
