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Coinbase vs. Crypto.com (July 2024)
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7 min read
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Written by:
Dhiraj Nallapaneni
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Our content is designed to educate the 500,000+ crypto investors who use the CoinLedger platform. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn More
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Key Takeaways
- Coinbase is the best exchange overall due to its user-friendly interface on mobile and desktop, as well as its beginner-friendly features!
- Crypto.com may be a better choice for users looking for low fees and high credit card rewards!
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Coinbase and Crypto.com are two of the most popular cryptocurrency platforms on the market, each offering unique features and services. In this guide, we’ll compare the two exchanges on key factors — such as user interface, fees, and supported cryptocurrencies and break down which exchange is the right choice for you.
Coinbase vs. Crypto.com: Head-to-Head
Let’s see how Coinbase and Crypto.com compare on key metrics.
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Coinbase vs. Crypto.com: User Friendliness
Winner: Tie
Both Coinbase and Crypto.com are considered user-friendly platforms! Crypto.com may have a slight edge with users looking to trade primarily on mobile, while Coinbase may be a better choice if you wish to trade on desktop and mobile.
- Coinbase: Coinbase is considered one of the most beginner-friendly crypto exchanges on the market. The platform is available on desktop and mobile to help support users wherever they wish to trade!
- Crypto.com: Crypto.com is a mobile-first platform! The platform is a great choice for investors looking to trade cryptocurrency on iOs and Android.
Coinbase vs. Crypto.com: Features
Winner: Coinbase
Coinbase is one of the world’s biggest exchanges due to beginner-friendly features like Learn and Earn and easy cryptocurrency trading.
- Coinbase: Known for its beginner-friendly interface, Coinbase offers educational materials and a straightforward trading process. It allows easy trading of cryptocurrencies for fiat and vice versa.
- Crypto.com: While it may have slightly lower fees, Crypto.com does have some limitations. For example, the platform does not support crypto-to-crypto trades! However, Crypto.com offers other unique features — such as a crypto debit card with up to 5% rewards!
Coinbase vs. Crypto.com: Supported Cryptocurrencies
Winner: Coinbase
Coinbase offers a slightly wider range of cryptocurrencies than Crypto.com.
- Coinbase: Supports over 260 cryptocurrencies, with more than 400 crypto-to-crypto trading pairs.
- Crypto.com: Offers a selection of over 250 cryptocurrencies. However, it does not provide an official list of crypto-to-crypto trading pairs.
Coinbase vs. Crypto.com: Fees
Winner: Crypto.com
Crypto.com charges low fees for users — making it a great choice for investors who make frequent trades!
- Coinbase: Coinbase charges fees between 0 - 0.60%. However, fees on the standard platform may be higher depending on factors such as the payment method, cryptocurrency type, transaction size, and platform. For example, a $200 Bitcoin purchase incurs about a 1.5% fee.
- Crypto.com: Crypto.com has fees ranging from 0 - 0.075%.
Coinbase vs. Crypto.com: Credit/Debit Card
Winner: Crypto.com
Crypto.com is famous for offering some of the most generous debit card rewards in the industry — with cashback rewards up to 5%. However, it’s important to remember that rewards vary based on how much CRO (Crypto.com’s flagship cryptocurrency) you stake.
- Coinbase: The Coinbase Card offers flexible earning rates on a rotating schedule. Typically, rewards are up to 4%. In addition, the Coinbase Card offers no annual fees and fee-free transactions on crypto purchases.
- Crypto.com: Crypto.com offers a Visa card with several tiers offering up to 5% CRO rewards on purchases, depending on the amount of CRO staked. Additional rewards include 100% rebates on subscriptions like Netflix and Amazon Prime. However, the most generous rewards are only available for users who are staking a large amount of CRO.
Coinbase vs. Crypto.com: Staking
Winner: Coinbase
Coinbase is the best choice for investors looking to earn staking rewards. Unlike Crypto.com, Coinbase does not charge fees for staking.
- Coinbase: Coinbase currently offers staking rewards on 16 cryptocurrencies with rewards up to 13.95%. Coinbase takes no fees for staking and unstaking cryptocurrencies.
- Crypto.com: Crypto.com offers staking rewards for 18 cryptocurrency with reward rates up to 11%. Crypto.com charges service fees of up to 35% for staking.
Coinbase vs. Crypto.com: Security
Winner: Coinbase
Coinbase has a reputation for being one of the most secure crypto exchanges in the world. Unlike many other crypto exchanges, Coinbase has never been hacked in its history!
- Coinbase: Known for robust security measures, including insurance against cybercrime. It keeps 98% of cryptocurrency in cold storage.
- Crypto.com: Also highly secure, with 100% of assets held safely and fully backed by reserves. The company suffered a breach in 2022 but has since enhanced its security measures.
Coinbase vs. Crypto.com: Customer Support
Winner: Tie
While both Coinbase and Crypto.com offer customer support, both exchanges have faced criticism for slow response times.
- Coinbase: Coinbase offers phone, email, and chat support.
- Crypto.com: Crypto.com provides support on email, chat, and through a Crypto.com Support Twitter account.
Learn more about Coinbase here.
In conclusion
Both Coinbase and Crypto.com are great choices for crypto investors. Before you choose between the two, take into account your own specific needs — such as low fees, cryptocurrency selection, and security.
Frequently asked questions
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