A Comparison Of Swyftx Vs Coinbase.
100+ COINS
Coinbase
Coinbase is a publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company. All employees operate via remote work and the company lacks a physical headquarters. Coinbase was founded in June 2012 by Brian Armstrong and Fred Ehrsam. As of May 2021, Coinbase had 43 million verified users. In February 2021, Coinbase was reported to be valued at $68 billion.
How safe is Swyftx?
The biggest risk for Swyftx is whether or not its customer's assets can be hacked and stolen. Swyftx makes it clear that its storage of Assets is a mixture of cold hot and wallet storage in order to protect your assets ". JWT token, session expiry, 2FA account protection, and a range of other measures are included in their security protocol s.y ou can read about their approach to security here.
Can I stake my crypto on Swyftx?
The same feature with a few added benefits has been changed by Swyftx. Swyftx now allows you to earn interst on cryptocurrencies that are not staked. There are 21 eligible Cryptocurrencies that you can earn interest on. The table shows the Annual Percentage Yield on each of the cryptocurrencies. Users looking to earn passive income on cryptocurrencies can use this feature.
Product Specs
| COINBASE | |
|---|---|
| ACH Transfer | Free |
| Credit | Yes |
| Cryptocurrencies: | 160+ |
| Deposit | $0 |
| Deposit fee | 0% |
| Fees | 0.50% per trade; Additional 2.49% for bank account or Coinbase Wallet purchases; Additional 2% for credit card purchases |
| Fiat Currencies | 200+ |
| Fiat currency | USD, GBP, EUR, CAD, SGD, NZD & AUD |
| Headquarter: | California, USA |
| Maker | 2.00% |
| Market | Yes |
| Max. Trading Fee | 0.5% |
| Minimum deposit | $25 |
| Mobile App | Yes |
| Offers Derivatives | No |
| Offers MAM Accounts | Taxable |
| Other Fees | No |
| Payment methods | Debit card |
| Regulation | No |
| Review: | Read our full Coinbase review |
Verdict
When compared to Swyftx, CoinSpot is the clear winner. There are more features, lower fees, a wider range of token, better support options, and a Simpleui at coins po t.t o learn more about the exchange, visit our detailed review.