Bittrex VS Coinbase

Comparison
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General Information

BittrexCoinbase
Year of foundation20142012
CountryUSAUSA
LanguagesEnglish, Russian, ChinesePortuguese, German, French, Spanish, Italian, Dutch
Mobile appiOS, AndroidiOS, Android

Registration and Verification

Bittrex

Coinbase

Depositing and Withdrawing Funds

Trading Volumes and Traded Pairs

Bittrex

The trading volume of Bittrex is 19,637,933.0. There are 356 trading pairs available on the exchange. The exchange does not have the option to trade in pairs with fiat. Margin trading is not available.

Coinbase

Coinbase has a trading volume of 128,979,540.0. There are 78 trading pairs available on the exchange. The option to trade in pairs with fiat is not available on the exchange. Margin trading is not available.

Commission

Bittrex

Coinbase

Security

Bittrex

Coinbase

Pros and Cons

Bittrex

Pros
  • High level of security. The exchange has never been hacked.
  • Verification is carried out with a minimum amount of data about the client.
  • The account verification process is faster than on many other exchanges.
  • Average commissions on the market. Bittrex charges 0.25% for any transactions.
  • Support for more than 250 cryptocurrencies, including rare ones.
  • No deposit limits.
  • Up to 90% of customer funds are stored in cold wallets.
  • The exchange is available for work in most countries.
Cons
  • There is no margin trading and no possibility to get loans to open positions.
  • Liquidity at the exchange sometimes does not allow to quickly process transactions with large volumes.
  • Lack of incentive programs for new users.
  • No referral program.
  • Slow response of the support service to requests from users.
  • Problems with the verification.

Coinbase

Pros
  • Serious reputation. For all time of work, there were no significant attacks that led to the loss of money by clients.
  • Insurance of client accounts.
  • Easy-to-use platform with extensive functionality. Since the addition of GDAX, Coinbase has been on par with other professional exchanges that offer an advanced terminal for analysis and the ability to open different types of orders.
  • High level of security. Coinbase offers a lot of methods to protect customer funds and the trading platform, which virtually eliminates the possibility of funds theft.
  • Possibility to work with fiat currencies.
  • Diversified system of charging commissions with rebates.
Cons
  • A large number of complaints on the exchange on various issues.
  • Support service cannot cope with the flow of tickets.
  • Only a few cryptocurrencies are available for trading. The choice of assets is very limited.
  • Lack of leverage.
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