COINBASE PRO VS BINANCE PROFESSIONAL

Coinbase offers fingerprint biometric access, while eToro states that it provides distributed denial-of-service (DDoS) protection and standardization protocols.ĮToro and Coinbase have different fee structures. While Coinbase says 98% of its coins are stored in air-gapped cold storage, eToro holds some digital assets in cold wallets and some in hot wallets.ĮToro and Coinbase wallets also provide multi-signature security. Moreover, both exchanges offer U.S.-based customers Federal Deposit Insurance Corporation ( FDIC) insurance on cash balances up to $250,000.īoth trading platforms offer two-factor authentication (2FA) via SMS, while Coinbase adds an additional layer of 2FA security via the Google Authenticator app.

Coinbase: SecurityĬoinbase and eToro are two of the most secure and reputable digital asset trading platforms in the world. Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors. Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. When it comes to fiat currencies, however, eToro customers have a much broader selection to choose from to fund their accounts.

COINBASE PRO VS BINANCE PROFESSIONAL

CopyTrading: See real-time trades made by successful traders on the platform, follow them, and automatically copy their trades with a minimum investment of $200 per trader you want to copy.īoth companies also offer a crypto wallet and more advanced trading platforms, Coinbase Advanced Trade and eToroX, targeted at experienced and professional traders.ĮToro currently supports 80 cryptocurrencies, while Coinbase supports over 250 cryptocurrencies.Users must invest a minimum of $500 to $5,000, depending on the specific portfolio.

Crypto Smart Portfolios: The crypto portfolio management product uses a predetermined investment strategy and allows users to automatically copy the portfolio.Borrow: Take out Bitcoin-backed loans, providing the ability to access cash without having to sell crypto.ĮToro is a multi-asset brokerage and social trading network that enables customers to trade a variety of assets, including crypto, stocks, commodities, currencies, and more, while also providing the ability to interact with other users and automatically copy the trades of successful traders.Derivatives: Trade using leverage on Coinbase’s futures trading platform.Learning rewards: Receive small payments in crypto for completing online learning courses about different crypto assets.Earning: Earn rewards on deposited crypto assets paid out in crypto.Buying and selling: Trade over 250 digital currencies and tokens using a range of fiat currency funding methods.While both Coinbase and eToro have established themselves as popular crypto trading platforms, especially for beginners, there are significant differences between the two.Ĭoinbase is a crypto-only exchange that provides an end-to-end digital asset trading and investing experience, offering a wide range of tradable crypto assets and a suite of additional features, such as the ability to earn yield on crypto and the option to take out crypto-backed loans.Ĭoinbase’s top features for individual investors include: Limits vary based on payment method and region $25,000 a day ACH transfers for U.S. $50,000 per transaction and $200,000 a day send limits for most coins, including BTC

customers, $10 fee after a year of inactivity, conversion fees for non-USD deposits (learn more at eToro Fees)Ġ.00% to 0.60% per trade, 1% transaction fee for Coinbase wallet or bank account purchases, wire transfers are $10 for deposit and $25 for withdrawalĢFA verification, cold storage, FDIC-insured USD balances, multi-signature facilities, and private keys, KYCĢFA verification, biometric fingerprint logins, KYC, FDIC-insured USD balances, cold storage, AES-256 encryption for digital wallets User-friendly brokerage and social trading platform, ability to interact with other traders, can buy funds using PayPalīeginner-friendly digital asset exchange with an intuitive interface, can withdraw funds to PayPalġ% to buy and sell crypto, $5 withdrawal fee for non-U.S.

Coinbase pro vs binance