In addition, Gemini traders are limited to 60+ countries, whereas Coinbase supports people residing in 100+ countries. Gemini and Coinbase are constantly adding new cryptocurrency options. However, both platforms support the following popular cryptocurrencies: For instance, an individual cannot purchase Dash, EOS, Cardano (ADA) and Ethereum Clasic (ETC) on Gemini. Nevertheless, Coinbase offers a competitive advantage by offering numerous altcoins than Gemini does. While Gemini supports 7 types of coins (USD, AUD, CAD, EUR, GBP, SGD, and HKD), Coinbase supports only 3 types (USD, GBP, and EUR). Supported Cryptocurrencies and Accessibility:īoth Gemini and Coinbase accept fiat currencies. Users looking for a 1-stop-shop to buy, sell and store all of their cryptos New investors looking for a simple mobile and web appĬryptocurrency traders interested in major pairsĭay traders looking to use technical analysis toolsĬryptocurrency traders interested in a simple platform However, the respective platforms are great for people who are at the following stage of their investment phase: GEMINI is great for Gemini and Coinbase also offer informational resources to their users that can be used in further investments and trading. User-friendly platform designed for beginnersīuy, sell, exchange, send, withdraw, and receiveĪbility to earn interest on stored cryptoįixed fee for trades under $200 or 1.49% for trades over $200, 3.49% debit or credit card purchaseĠ.50% per trade, 3.99% for credit card purchases, and 1.49% for Coinbase wallet or bank account purchasesīoth platforms are great for people who have recently started with cryptocurrency investments and trading. Basic Features:įollowing are some basic differential features of Gemini and Coinbase: Features Both platforms are beginner-friendly, however, Coinbase has a slight edge since it is available in more countries and offers numerous currency types. On one hand, Gemini provides features that support institutional investors, while, on the other hand, Coinbase lets users earn crypto while learning about trading. Gemini Vs Coinbase: How to Choose?Īlthough both platforms are somewhat similar, there are certain differences that distinguish Gemini and Coinbase from each other. Moreover, it is a large company with over 73 million users and $255 billion in assets on the platform. Founded in 2012, Coinbase has become one of the largest cryptocurrency exchanges in the US by trading volume as of March 2021. Coinbase:īranded as Coinbase, Coinbase Global Inc is an American company that operates a cryptocurrency trading and investing platform that offers users the ability to buy, sell, and exchange over 100 tradable cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and others. Along with existing conventional currencies and new-age cryptocurrencies, USD and Bitcoins are also traded on Gemini. Since its launch, Gemini has added a payment app and an interest-paying savings account, while a Gemini credit card is in the work. Gemini also has its own currency, the Gemini dollar, which is a stable coin tied to the US dollar, unlike most cryptocurrencies. Launched in 2015, Gemini Trust Co., LLC is a privately-owned cryptocurrency exchange that allows users to buy, sell, trade and securely store several cryptocurrencies like Bitcoin, Ether and 40 other types. We have also addressed some frequently asked questions on Gemini vs Coinbase and other questions related to the cryptocurrency exchange. In this blog, we will clarify the major differences between Gemini and Coinbase on the basis of their features, accessibility, ease of use, and other attributes. Although both platforms offer similar features, there are a few unique features that distinguish the platforms from one another. In the drive to get higher and better returns, several platforms like Gemini and Coinbase are offering safer and advanced trading options for cryptocurrency exchange. Gemini vs Coinbase, how do you choose the best cryptocurrency exchange platform for you?Ĭryptocurrency trading is attracting new investors on a daily basis.
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