Gemini vs Coinbase
Gemini vs Coinbase: which one is the best? Which has the largest coin offerings? Furthermore, what are the accepted payment methods and service fees?
Well, here’s a quick comparative table and a fully detailed comparison below.
Low volume = 1%
1.49% to 3.99%
BTC and ETH.
10+ coins supported.
Email and Telephone Support.
Dependale Email and Phone support.
Credit Card, Debit Card, and Bank Transfer
With many crypto exchanges launching everyday, it is difficult for users to choose the one that offers a complete solution to their needs.
Both Gemini and Coinbase are well known names. Indeed, both exchanges have been trusted by users for many years.
In this article, we bring you a detailed feature comparison to help you choose the best exchange to go for.
Gemini vs Coinbase – Detailed Comparison
Both platforms are limited in their alt-coin offerings. However Coinbase has more coins available to buy and sell than Gemini does.
Furthermore, Coinbase provides its users with Bitcoin, Ethereum, Litecoin as well as Bitcoin Cash. Gemini, however, only provides its users with Bitcoin and Ethereum.
Gemini and Coinbase are some of the most secure crypto exchanges. Moreover, they both provide varied payment and deposit methods.
On one hand, Gemini only offers a bank transfer feature. On the other hand, Coinbase offers credit card, debit card and bank transfer features.
Considering the above comparison, it is clear that Coinbase is superior than Gemini in terms of payment methods.
Gemini is a good choice if you plan to save on transaction fees. Indeed, Coinbase’s service fees are on the expensive side. Furthermore, the fees vary depending on the payment method used.
The great news is that Gemini does not have any deposit fees. The exchange fees depends on the number of trades and follows six tier approach.
The exchanges fees range from 0.1% to 1%. 1% being for traders with a low activity, and 0.1% being for highly active traders.
Generally speaking, Coinbase has higher fees than Gemini.
Indeed, the fees ranges from 1.49% to 3.99%. The higher fees of 3.99% are for debit card purchases.
Conclusively, the Gemini vs Coinbase comparison reveals many facts. Both exchange platforms are highly secure and trusted.
Therefore, if you are looking for more coin offerings and payment modes, then Coinbase should be your choice.
However, if you prefer lower exchange fees, it seems Gemini would be better suited for you.
At the end it all comes down to your personal preferences and your trading targets.
We hope our comparison helped you understand both platforms.