Coinbase is a popular alternative for many willing to start crypto trading and investing in the United States. It is a legal trading platform with staking, investing, trading, sending, and receiving features. It also serves as a crypto banking custody for groups, small and big institutions alike, including other crypto exchanges.
Despite having very high fees and being a centralized exchange – which means users don’t control their private keys for their crypto, some prefer it for the high liquidity. The huge liquidity protects investors and traders from price slippage in an already volatile market. It is limited in terms of the options of crypto to transact.
Features:
- Supports over 100 crypto and tokens.
- Trade limits are 0.001 BTC, 0.01 BCH, 0.01 ETH, or 0.1 LTC.
- Android, iOS, and web app.
- No limits for crypto deposits and wire USD deposits. ACH or SEPA limits vary.
- Free version and Pro paid option. The withdrawal limit on Pro is $50,000/day.
Fees: Varies from $0.99 for $10 or below; to $2.99 for $200 or less. A flat 2.49% with Coinbase Card; 2% for credit transactions; up to 2% for crypto conversions; Debit cards up to 3.99% and PayPal up to 1%. The paid version costs less to deposit and transact. No money to access the Pro version.