Introduction
According to statistics, the market size for cryptocurrency will get to $1087.7 million by 2026.
Many people are interested in cryptocurrency, but they’re not sure where to start. It can be difficult to figure out which cryptocurrency platform is right for you, especially if you’re new to the world of digital currency.
Crypto.com and Coinbase are two of the most popular cryptocurrency platforms in the world, and both are great for beginners. But which one should you choose?
Keep reading, in this Crypto.com vs. Coinbase article, we’ll compare what is Crypto.com and what is Coinbase and contrast the two platforms to help you make a decision.
Fees
A Crypto investment on Crypto.com is generally lower in fees than Coinbase, making it a more affordable option for those looking to invest in cryptocurrencies. Fees vary depending on the payment method, but Coinbase is usually slightly more expensive.
Just focus on doing your research beforehand and make sure you’re making the right choice for your budget.
Overall Ease of Use
Crypto.com is known for being user-friendly and easy to use, even for those who are new to cryptocurrencies Coinbase is also user-friendly but can be a bit more complicated for those who are new to cryptocurrencies.
Deposit/Withdrawal Limits
Crypto.com has higher deposit and withdrawal limits than Coinbase, making it a better option for those looking to store or invest large sums of money Coinbase has lower deposit and withdrawal limits, making it more suitable for those who are just starting with cryptocurrencies.
Available Cryptocurrencies
Crypto.com offers a wider range of cryptocurrencies than Coinbase, making it a more versatile option Coinbase offers a smaller selection of cryptocurrencies, but they are all major currencies.
Some of the cryptocurrencies available on Crypto.com include Bitcoin, Ethereum, Litecoin, and Monacoin. Some of the cryptocurrencies available on Coinbase include Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
Security
Both Crypto.com and Coinbase are highly secure platforms, but Crypto.com is considered to be even more secure than Coinbase. Crypto.com has a two-factor authentication system and other things that is harder to hack than the one often used by Coinbase.
Security is important because it protects your money and personal information.
Customer Support
Crypto.com has better customer support than Coinbase, with live chat available 24/7 Coinbase customer support is available only during business hours.
Good customer support is vital because it can help you with any problems you may encounter with your account.
Overall, crypto.com is a better choice for those looking for lower fees, a wider range of cryptocurrencies, and better customer support. Coinbase is a good choice for those who are just starting with cryptocurrencies and want to invest in major currencies.
Crypto.com Vs. Coinbase: Who Wins?
In our opinion, there are no clear winners or losers here since each platform offers a unique set of pros and cons, so depending on a user’s needs, things can go either way.
All in all, both these platforms are very friendly for the crypto newbie. Now that we’ve outlined the key differences between Crypto.com vs. Coinbase, you should try them both out for yourself.
We hope that after reading this Crypto.com guide and Coinbase guide, you have a better understanding of which platform is right for you when it comes to choosing one over the other. But like we said, give them both a try!
Have you already tried out either of these platforms? If so, what was your experience like? Let us know in the comments below…