Robinhood vs Coinbase Comparison & Fee Compare

Robinhood

Popular and well-known exchange based in the USA. Buy & trade with ACH transfers. Also offers U.S. Bitcoin ETFs like IBIT and FBTC.

Coinbase

Coinbase is a popular global crypto exchange with over 240 cryptocurrencies supported.

Robinhood

Only available in the United States, US Virgin Islands, Puerto Rico, and District of Columbia. Licensed by FinCEN and regulated as a broker-dealer by the SEC.

Coinbase

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.

Robinhood

Over 20 cryptocurrencies available for trading including BTC, ETH, DOGE, SHIB, SOL, ADA, AVAX, LINK, XRP, LTC, BCH, COMP, AAVE, UNI, XLM and more.

Coinbase

Over 240 cryptocurrencies

Robinhood

• Features:
• No commission crypto trading
• Minimum purchase of $1
• Instant deposits up to $1,000 (Instant account)
• Instant deposits up to Gold tier amount (Gold account)

Coinbase

• 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

Robinhood

ACH, Debit Card, Bank Account, Wire Transfer

Coinbase

ACH, Wire Transfer, Debit Card, Bank Account, PayPal, Apple Pay, iDEAL, SEPA, Interac e-Transfer, Instant Verification, Google Pay

Coinbase

4.70%

Earn 4.70% APY rewards by holding USDC on Coinbase. USDC is fully backed 1:1 by US dollars. Minimum $1.

Robinhood

iOS Rating: 4.2 Official rating from the iOS App Store as of November 18, 2024.

Android Rating: 4.2 Official rating from the Android Play Store as of November 18, 2024.

Coinbase

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.

Robinhood

Cryptocurrencies are stored using a combination of cold (offline) and hot (online) storage, with the majority held in cold storage for enhanced security. Users can withdraw cryptocurrencies to their own wallets. The platform employs industry-leading security measures and regular audits. Crypto assets are not FDIC insured or protected by SIPC.

Coinbase

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.

Robinhood

No. However, in November 2021, Robinhood reported a data breach affecting approximately 7 million customers. Prior to this, in July 2019, the company admitted to storing some users' passwords in plaintext. The company has also acknowledged occasional small-scale account compromises.

Coinbase

No. Has never lost customer funds in any way.

Robinhood

robinhood.com

Coinbase

coinbase.com

Robinhood

Read our Robinhood review

"Good app! Relatively new to the crypto world, I've tried about 8-9 different wallets and Robinhood has been my favorite so far. Their interface is outstanding; you're able to see Live market data for current crypto prices; you can view returns by total returns or 24 hours, either by dollar amount or percentage. The buying process is instantaneous. The only improvement I'd like to see is hopefully they will adopt ALL ISO20022 compliant crypto. 🚀 💯"
- Real user review from iOS App Store, Android Play Store or Trustpilot

Coinbase

Read our Coinbase 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