Getting into cryptocurrency in 2022 is easier and more accessible than ever, but choosing the best platform to buy crypto on – or trade crypto you own already – can seem daunting.
Out of the many crypto exchanges available to investors and traders, two popular ones made it onto our top 10 list – Crypto.com and Coinbase exchange. Which is the better platform though? Crypto.com vs Coinbase Summary
When it comes to crypto exchanges, Crypto.com and Coinbase are extremely popular amongst new and existing users.
The platforms are a great way to ensure that users have a safe and efficient way to buy, trade, and sell cryptocurrencies. Coinbase is a platform that’s a little on the expansive side of things. However, the added resources and extra security make up for those few extra bucks. Moreover, Coinbase turns out to be the preferred mode of investment by many beginners in the crypto space. It is also termed to have a better and easy-to-use interface.
Crypto.com is considered to be more cost-effective by many users and hence is adopted by them to buy, sell and trade cryptocurrencies. It has a larger selection of cryptocurrencies, lower fees involved and a wide range of exciting and exclusive features. So someone, who might be a veteran in the crypto space can go for Crypto.com over Coinbase.
While both of them have their own sets of benefits, further on in this guide we’ll compare every aspect to see platforms stack up against each other.
We’ll also add in for comparison our top recommendation which is eToro , a more regulated crypto platform with unique tools like copytrading.
Cryptoassets are a highly volatile unregulated investment product. Features Coinbase Crypto.com Currencies 100+ 250+ Fees Up to 0.50% spread per trade, 3.99% for credit card purchases, and 1.49% for Coinbase wallet or bank account purchases 0.04% to 0.4% maker fees, 0.1% to 0.4% taker fees; 2.99% for credit card purchases Offline Storage 98% 100% Supported Transactions Buy, sell, send, receive, withdraw, and exchange Buy, sell, send, receive, withdraw, and exchange Demo Account No Demo Account No Demo Account Wallet Specifications AES-256 encryption wallets and multi-signature wallets are available Private keys, locally encrypted, Multi-factor authentication (MFA), biometric Cryptoassets are a highly volatile unregulated investment product. What is Crypto.com?
Crypto.com has grown to become a popular and trusted crypto exchange platform, since launching in June 2016. The parent company of Crypto.com is Forix DAX Asia Pte Ltd. The platform currently consists of 3,000 employees and over 10 million users. The company was founded by Gary Or, Bobby Bao, Rafael Melo, and Kris Marszalek.
Crypto.com allows its clients the opportunity to buy, sell and trade different cryptocurrencies. Users can conduct cryptocurrency-related buying, selling, and trading activities at a relatively lower price than other crypto exchanges.
With over 250+ cryptocurrencies on its platform, it gives a wide array of choices to potential investors and users to buy cryptocurrency and trade.
Additionally, the exchange also offers features like cryptocurrency credit cards, a decentralized exchange, a standalone crypto wallet, and even an NFT marketplace. Users on Crypto.com also have an option to stake their Crypto and store it on the Crypto.com wallet, earning them a 14.5% interest.
The fees on the platform are lower and limited to 0.40% and decrease as the trading volume increases or a significant amount of CRO is held. All in all, Crypto.com serves as a good platform for those who want to do more with their cryptocurrency holdings rather than just investing and holding. Features of Crypto.com
Crypto.com has a wide range of features, making it an exciting platform for investors. One of the biggest features of the exchange is its own native coin – Cronos (CRO), formerly known as Crypto.com coin. Users can directly purchase the coin from the platform (it’s also available on other exchanges).
What makes CRO unique and quite popular is that it can gain Crypto.com users some generous interests at around 10% APR daily.
Apart from this, if you pay your trading fees using CRO, you receive a rebate, and an additional cashback if and when Crypto Pay is used.
Staking CRO on the Crypto.com mobile app also helps you gain access to a premium metal Visa card, receiving up to 8% cashback on purchases paid using CRO, rebates on your Netflix and Spotify subscriptions and bookings through Expedia, Airbnb. Apart from that, there is an exclusive Airport Lounge access, and 2% extra interest on fixed deposits.
The premium-looking Crypto.com metal Visa card can be requested from the app, once you start staking CRO coin. […]
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