Coinbase Pro VS Gemini

Comparison
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General Information

Coinbase ProGemini
Year of foundation20142014
CountryUSAUSA
LanguagesEnglish, Portuguese, German, French, Spanish, Italian, DutchEnglish
Mobile appiOS

Registration and Verification

Coinbase Pro

Gemini

Depositing and Withdrawing Funds

Trading Volumes and Traded Pairs

Coinbase Pro

Gemini

Commission

Coinbase Pro

Gemini

Gemini does not charge any deposit fees. Some fees may be incurred depending on the method and bank from which you send money. The fees the exchange charges for exchanges depend on how many transactions the user has made recently. There are six levels, representing different amounts of bitcoin or ether bought or sold. They range from easy traders to those who exchange huge amounts of cryptocurrencies. Every day at midnight UTC, the commissions are calculated again for each trading pair.

Security

Coinbase Pro

Gemini

  • Several digital assets that are stored online on a hot wallet are protected using Amazon Web Services. AWS is known for its high level of security controls.
  • Only high-level employees can access the coins stored on hot wallets.
  • Multi-factor authentication is required to access a hot wallet.
  • Hot and cold wallet keys are secured on hardware that has passed high levels of security checks.
  • Full exchange reserve. Customer money is kept separate from company money and is always in an FDIC-insured bank.
  • All confidential account information is encrypted.
  • Website data is transmitted over encrypted transport layer security connections such as HTTPS.

Pros and Cons

Coinbase Pro

Pros
  • Insured Funds
  • Ease of use
  • Variety of products
Cons
  • Not available in all countries
  • Verification process
  • High commissions

Gemini

Pros
  • The activities of the exchange is fully compliant with the law.
  • It is registered in the United States. It is not an offshore zone, which increases its credibility.
  • Good reputation among large entrepreneurs and businessmen.
  • Full security of funds.
  • Conducting auctions contributes to the popularity of cryptocurrencies.
  • Funds are stored in cold wallets, which are impossible to hack.
Cons
  • No affiliate program, which is on most other exchanges.
  • Only Bitcoin and Etherium are traded on the exchange.
  • The interface is only in English.
  • Exchange works in a limited number of countries.
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