![]() ![]() ![]() Over at Gemini, the exchange allows you to buy, sell, and trade more than 40+ digital currencies. After all, for many years the broker supported just four digital assets until management decided to broaden the platform's scope. Unlike a lot of other cryptocurrency trading platforms in this industry, Coinbase is very selective in the digital coins it adds to its site. You can, however, also invest in a number of ERC-20 tokens. This covers the core basics - such as Bitcoin, Ethereum, Litecoin, Ripple, EOS, and Bitcoin Cash. Starting with Coinbase, the platform gives you access to 64 cryptocurrencies. ![]() So now that we have covered the pros and cons, in this section of our Coinbase vs Gemini comparison we are going to explore what digital currencies the two platforms support. Gemini, on the other hand, is more suited to institutional investors. This huge popularity with beginners has not only resulted in Coinbase attracted over 35 million customers, but it is now listed on the NASDAQ as a public company. That is to say, Coinbase is often the go-to platform for newbies that are looking to buy cryptocurrency for the first time. In terms of clientele, Coinbase is more suited to the average Joe Trader. With that said, Gemini has taken its regulatory standing to the next level – as it is licensed by the New York State Department of Financial Services. Furthermore, both Coinbase and Gemini are US-based and thus – heavily regulated. The Gemini exchange was launched a few years later in 2015.īoth providers are renowned for their institutional-grade security services, especially when it comes to wallet safety. Coinbase itself was founded back in 2012, making it one of the most established exchanges in this space. In turn, Coinbase and Gemini charge an assortment of fees and commissions. This means that the two platforms allow you to buy and sell digital coins like Bitcoin, Ethereum, Ripple, and more from the comfort of your home. Put simply, Coinbase and Gemini are both cryptocurrency exchanges and brokers. Immediate Experience Trading Platform Review.However, on the other side, Gemini only allows investors to contact their support team via email. Coinbase supports different channels through which the investors can connect with the support team. Needless to say here, Coinbase is considered superior to the Gemini.Ĭustomer service: Getting assistance from the customer service team is one of the ways of experiencing a seamless trade journey. Moving toward the Gemini, this platform doesn’t support NFTs. Non-Fungible Tokens (NFTs) are available for trade on the Coinbase platform. NFT trading: Another factor in making comparisons is the NFTs. Overall, Coinbase supports around 150+ cryptocurrencies. The digital assets supported by Coinbase are Bitcoin, Ethereum, Solana, Filecoin, SuperFarm, SushiSwap, and many others. So, based on the security parameter, Coinbase is ranked higher when put against Gemini.Ĭryptocurrencies supported: When talking of the cryptocurrencies supported by both platforms, it has been found that Coinbase offers their users a vast range of digital assets as compared to Gemini. Coinbase supports 2FA in addition to the password feature, thus ensuring that an additional layer of security should be maintained. A large section of investors prefers to store their digital funds offline, which is a healthy practice to safeguard the funds. Security: Talking of the security aspect, both platforms are equipped with top-notch security. On the other hand, the fee charged by Coinbase is 0.60% or less than it. The transaction fee charged by Gemini is 0.40% or less. Considering this factor for making a Gemini Vs Coinbase comparison, it has been discovered that Gemini charges a relatively less fee as compared to Coinbase. To process or execute any transaction on any of the crypto platforms, investors have to pay a certain amount of funds to the exchange as the fees for processing the transaction. The points of differences that we have covered here to make a comparison are:įees involved: Fees play a vital role in maintaining the circulation of the crypto trade and investment. Key parameters help in the easy evaluation and drawing of a conclusion without wandering. To make a clear comparison between both the pioneering platforms, we have discovered some key metrics based on which we will try to evaluate which one is better among both. We have crafted a concise comparison of Gemini Vs Coinbase in this part of the read. Comparing Gemini Vs Coinbase with points of differences ![]()
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