|Fees||0.04% to 0.4% maker fees, 0.1% to 0.4% taker fees, plus 2.99% for credit card purchases||Up to 0.50% spread per trade, 3.99% for credit card purchases, and 1.49% for Coinbase wallet or bank account purchases|
|Security||Two-step verification, FDIC-insured USD balances up to $250,000, platform insurance against theft, cold storage, and uses a bug bounty program||Two-step verification, FDIC-insured USD balances up to $250,000, platform insurance against theft, cold storage, and uses a bug bounty program|
|Wallet||Multi-factor authentication and AES-256 encryption||AES-256 encryption and multi-signature wallets|
|Transactions Supported||Buy, sell, send, receive, withdraw, and exchange||Buy, sell, send, receive, withdraw, and exchange|
|Max. Monthly Trading Amount||$1 million or 30 times per month||Limits vary based on your payment method and region|
Crypto.com vs. Coinbase: Features
Both cryptocurrency exchanges provide a mobile app that works on Android and iOS devices along with a digital wallet. However, the platforms differ in their offerings. While Coinbase focuses on beginner education, Crypto.com, which started as a crypto payment platform, offers several products, such as Visa cards, crypto pay at checkout, and several ways to earn crypto.
Coinbase investors appreciate a massive library of information about trading cryptocurrency. By taking a course or viewing a lesson about various altcoins, users earn $3 to $10 in cryptocurrency. It also has a waitlist for an upcoming Coinbase Visa debit card where users can earn up to 4% in rewards on every purchase. Plus, Coinbase has a native coin, USD Coin (USDC). Users can hold onto USDC to earn a 0.15% annual percentage yield (APY).
Unlike Coinbase, Crypto.com doesn’t offer educational materials. Its knowledge base covers the basics of the platform, but investors must learn about trading crypto elsewhere. Instead, it concentrates on products:
- Visa card: Several card tiers offering up to 8% CRO rewards on purchases, depending on the amount of CRO staked
- Crypto Pay: Buy gift cards with crypto or select crypto pay at checkout at certain retailers to pay using crypto
- Crypto Earn: Users can earn up to 12% on crypto deposits; however, it’s typically not recommended to store currency on platforms
- Crypto Credit: Non-U.S.-based users can borrow up to 50% of their crypto collateral with a Crypto loan
Crypto.com vs. Coinbase: Currencies
Crypto.com supports 137 cryptocurrencies, whereas Coinbase works with 66. Both support popular fiat currencies, including USD, EUR, and GBP, as well as coin fractions. However, Coinbase covers over 20 fiat currencies, while Crypto.com supports more than 60. However, New York users are barred from buying 12 currencies on the Coinbase platform, whereas Crypto.com investors in Connecticut and Texas can’t buy DAI or PAX Gold (PAXG). Plus, residents of 11 states…