Coinbase vs. Crypto.com: 2022 Comparison

Coinbase and Crypto.com are both leading crypto exchanges, but there are some differences in their fee structures and trading experiences.
Mar 10, 2022

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Coinbase and Crypto.com are among the most popular places to buy cryptocurrencies, but they each have unique offerings. Coinbase, for example, has several features intended to create an onramp for beginners to learn about buying and selling cryptocurrencies. In addition, Coinbase makes it easy to trade one cryptocurrency for another or buy cryptocurrencies with fiat. However, with Coinbase, you'll pay a higher fee for this convenience.

Crypto.com, on the other hand, may have lower fees (depending on how you purchase your crypto), but you won't be able to trade one cryptocurrency for another. Crypto.com does, however, have a more extensive selection of cryptocurrencies to choose from than Coinbase.

It's also worth noting that Coinbase is headquartered in the United States, and all of its services and offerings are available to U.S. users. Crypto.com, based in Singapore, has a range of offerings, but not all are available in the U.S.

Coinbase
NerdWallet rating 

on Coinbase's website

Coinbase is best for:

  • Cryptocurrency traders looking for convenience.

  • Traders who want to easily convert one cryptocurrency to another.

Coinbase at a glance

Minimum trade

$2.

Trading and transaction fees

0.5% to 4.5% depending on payment method, cryptocurrency type, transaction size and platform. Other fees may apply.

Number of cryptocurrencies

More than 150

Crypto-to-crypto trading pairs

More than 450.

Website transparency

Important information, including investment minimums, supported assets and how to close the account, can be easily found on the website.

Can use your own digital wallet?

Yes.

Mobile app

Two highly rated apps for iOS and Android.

Customer service

Phone, email and chat.

Coinbase
NerdWallet rating 

on Coinbase's website

Crypto.com is best for:

  • Mobile-first users.

  • Transactions with fiat, or traditional, currency.

  • DeFi, or decentralized finance, tokens.

Crypto.com at a glance

Minimum trade

$1 for Bitcoin; other cryptocurrencies vary.

Trading and transaction fees

No trading fee, but transactions using credit/debit cards have 2.99% transaction fee.

Number of cryptocurrencies

180.

Crypto-to-crypto trading pairs

None.

Website transparency

On Crypto.com's website, you can easily find important information, including investment minimums, supported assets and how to close an account.

Can use your own digital wallet?

Yes.

Mobile app

Crypto.com's main app is available on iOS and Android, with an average rating of 4.3 stars.

Customer service

Crypto.com offers only chat-based help for most issues.

Want to compare more platforms? View our list of the best crypto platforms and apps.

Methodology

How do we review cryptocurrency platforms?

NerdWallet’s comprehensive review process evaluates and ranks platforms and companies that allow U.S. customers to buy and/or sell cryptocurrency. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgments on which ones will best meet your needs. We adhere to strict guidelines for editorial integrity.

We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. The questionnaire answers, combined with demonstrations, interviews of personnel at the providers and our specialists’ hands-on research, fuel our proprietary assessment process that scores each provider’s performance across more than 20 factors. The final output produces star ratings from poor (one star) to excellent (five stars). Ratings are rounded to the nearest half-star.

For more details about the categories considered when rating brokers and our process, read our full methodology.

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