Coinbase vs Coinbase Advanced (Pro) [2024]
Key differences
- Coinbase Simple has MUCH higher fees than Coinbase Advanced.
- Coinbase Advanced has a more complicated buying and selling process than Coinbase Simple.
- Coinbase Simple has a wider range of payment methods.
Coinbase vs Coinbase Advanced in Comparison
Description
Coinbase is a popular global crypto exchange with over 240 cryptocurrencies supported.
Coinbase Advanced is an exchange popular with cryptocurrency traders who want more advanced order types or those who want lower fees.
Supported Countries
Available in over 100 countries globally. Full features in most of US including debit cards, staking, instant transfers and futures. Strong support in UK, Europe and parts of Asia with some restrictions. Not available in Singapore or OFAC-sanctioned countries. ID verification required.
Available in same countries as Coinbase.
Supported Cryptocurrencies
Over 240 cryptocurrencies
Over 500 cryptocurrencies and 467+ trading pairs
Fees
- Transaction Fees:
- $0.99 for transactions $10 or lower
- $1.49 for transactions between $10-$25
- $1.99 for transactions between $25-$50
- $2.99 for transactions between $50-$200
- 0.50% spread fee for transactions over $200
Payment Method Fees:- ACH transfers: Free
- Bank account/USD Wallet: 1.49%
- Credit/debit card: 3.99%
- Wire transfers: $10 incoming, $25 outgoing
- Spot Trading Fees:
- Maker: 0.60% | Taker: 1.20% (Base tier)
- Fees decrease with higher 30-day volume or asset balance:
- ≥$10K volume: 0.25% maker | 0.40% taker
- ≥$50K volume: 0.15% maker | 0.25% taker
- ≥$500K volume: 0.10% maker | 0.20% taker
- ≥$1M volume: 0.07% maker | 0.16% taker
Stablecoin Pairs:- 0.00% maker | 0.001% taker
Payment Method Fees:- ACH transfers: Free
- Wire transfers: $10 incoming, $25 outgoing
Payment Methods
ACH, Wire Transfer, Debit Card, Bank Account, PayPal, Apple Pay, iDEAL, SEPA, Interac e-Transfer, Instant Verification, Google Pay
Same as Coinbase
Do These Exchanges Allow you To Earn Interest on Crypto?
4.70%
Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.
4.70%
Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.
Mobile App Ratings
iOS Rating: 4.7 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.6 Official rating from the Android Play Store as of November 18, 2024.
iOS Rating: 4.7 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.6 Official rating from the Android Play Store as of November 18, 2024.
Storage
As a public US company, Coinbase maintains full 1:1 reserves of customer assets with no lending. Their platform features industry-leading security including mandatory 2FA, multi-approval withdrawals via Coinbase Vault, and 24/7 monitoring. Over 10 years of experience and regular third-party audits.
Same as Coinbase.
Have These Exchanges Been Hacked Before?
No. Has never lost customer funds in any way.
No. Has never lost customer funds in any way.
Official Site
Exchange Review
"I mistakenly sent my crypto to the wrong wallet at Coinbase. The team at Coinbase was able to retrieve it and credit to my account within a week. I am quite impressed with their communication, instruction, and result! I'm so relieved. Thank you so much, Coinbase Support!"
- Real user review from iOS App Store, Android Play Store or Trustpilot
No review available
"So simple to use but with a great advanced interface. Really convienient! Definitely give it a try if you are trading crypto."
- Real user review from iOS App Store, Android Play Store or Trustpilot
Testing Coinbase vs Coinbase Advanced with $100
I personally tested buying $100 worth of Bitcoin on both Coinbase and Coinbase Advanced. Here are the results:
For $100, Coinbase Advanced was taking only a 1.2% fee compared to Coinbase Simple's 3.74% fee.
This means Coinbase Advanced was offering about 2.54% more Bitcoin for the same $100.
Here are the images of the transactions: