A Comparison Of CoinSpot Vs Coinbase.
#1 Coinbase
Coinbase is a distributed company that operates a cryptocurrency exchange platform. Coinbase is a publicly traded company that allows users to buy and sell cryptocurrencies. The company is headquartered in the United States and has offices in the United Kingdom, Canada, and Japan. Coinbase allows users to buy and sell cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. The company also allows users to buy and sell fiat currencies, such as the US dollar and the Euro.
#2 Coinspot
CoinSpot is an online crypto trading platform that offers a convenient and user-friendly way to buy, sell, and trade digital currencies. The platform is designed for both experienced and novice traders, and provides a variety of features and tools to help users make the most of their trading experience. CoinSpot also offers a variety of payment options, including bank transfer, credit/debit card, and Paypal, making it a convenient and accessible option for those looking to trade digital currencies.
Product Comparison
Specification | coinbase | coinspot |
---|---|---|
Credit | Yes | No |
Cryptocurrencies: | 160+ | 360+ |
Deposit fee | 0% | BPAY: 0.9%, Cash: 2.5% | Bank transfer, POLi, PayID, OSKO: Free |
Fiat Currencies | 200+ | AUD |
Fiat currency | USD, GBP, EUR, CAD, SGD, NZD & AUD | AUD |
Headquarter: | California, USA | Australia |
Maker | 2.00% | 0.10% |
Market | Yes | Spot |
Max. Trading Fee | 0.5% | 1% |
Mobile App | Yes | Yes (iOS and Android) |
Offers Derivatives | No | No |
Payment methods | Debit card | PayID, Cash Deposit, Bank transfer, OSKO, BPAY, POLi |
Review: | Read our full Coinbase review | Read our full CoinSpot review |
Supported Crypto | 126 | 128 |
Taker | 2.00% | 0.10% |
Trading fees | Up to 3.99% | Market: 0.1%, Instant buy: 1% |
US Allowed | Yes | No |
Website | https://coinbase.com | https://www.coinspot.com.au/ |
Wire | Yes | Yes |
Withdrawal Fee | Not disclosed in advance, just right before the transaction | Free |
These are the pros and cons
coinspot
Pros
- - - Staking on 21 coins.
- - - NFT marketplace.
- - - Demo mode-trade for free with $10000 virtual money.
- - - Live chat support.
Cons
- - - Fewer coins than Coinspot.
Conclusion
There are two popular coin exchanges that have been around for more than a decade. Both platforms are designed for beginners. Of the two, CoinSpot has more coins listed at a higher price. The CoinSpot is the better option for Australians due to its local customer support and its bonus using a CoinSpot cod e.i t is a major limitation that Coinbase does not allow AUD funding or withdrawals with a bank account.