Coinbase is the most popular U.S.-based cryptocurrency exchange and one of the largest exchanges in the world. The platform is mostly for buying and selling cryptocurrencies. Crypto.com is a smaller, newer exchange app with a variety of other features like crypto lending, trading competitions, and a native token that provides users with certain benefits, such as lower fees and cashback rewards on a Crypto.com credit card. Crypto.com can only be used as a mobile app; there is no web-based interface.
Crypto.com
could be the best option for those who want more than just the ability to buy
and sell crypto. More experienced traders or anyone looking for more advanced
services might prefer Crypto.com.
Coinbase is
likely to be the better option for beginners who have little to no experience
with cryptocurrency. The platform makes things as easy as possible for those
looking to make their first crypto purchase or set up recurring buys.
We reviewed
Crypto.com versus Coinbase based on supported currencies, security, fees,
features, and more to help you decide which might be the best choice for you.
Crypto.com vs. Coinbase: Ease of Use
Coinbase is
designed for novice crypto users. The interface is as simple as can be, and
buying/selling are the main activities that take place on the exchange. Users
can achieve extra security by placing their crypto into cold storage, a multi-signature
wallet that requires verification from two emails, and a 48-hour holding period
for withdrawals. Using this feature could confuse less tech-savvy users, but
that’s about the only thing of this nature.
Beginners
could use Crypto.com for the basics, too, but the platform offers several more
advanced features that first-time users aren’t likely to be interested in. The
Crypto.com interface for buying and selling crypto should still be simple
enough for newer users.
Crypto.com vs. Coinbase: Currencies
While
Coinbase has expanded its selection of cryptocurrencies in recent years and
continues to do so, Crypto.com offers a greater selection of currencies
overall.
Crypto.com
offers Bitcoin and 90 other cryptocurrencies as well as over 20 different fiat
currencies (although fiat currency withdrawals are not currently supported).
Coinbase offers 66 cryptocurrencies or 74 if you include what Coinbase Pro
offers.
Here are
some currencies that Coinbase offers but Crypto.com does not: BSV, CGLD, CVC,
DNT, GNT, LOOM, NU, OXT, REP, and ZEC.
Crypto.com
also supports 223 additional tokens through its Defi wallet.
Have More Questions!!
Email at: - sales@blockchaindevelopments.io
Connect with expert team: - https://bit.ly/2B32Az7
Comments
Post a Comment