Coinbase vs Coinhako - which is better for crypto?
Coinbase and Coinhako are two popular crypto platforms. You might be wondering which of them is better suited for you. Here in this article, let's compare them across a range of criteria - such as payment methods, fees, and promos.
Coinbase is among the largest cryptocurrency platforms in the US. Based in the US, it was founded in 2012 by Brian Armstrong and Fred Ehrsam.
Coinhako is a popular platform in Asia. Based in Singapore, it was founded in 2014 by Yusho Liu and Gerry Eng.
Range of cryptocurrencies
Coinbase offers about 40 cryptocurrencies. It divides them into four tiers, the highest of which supports buy, sell, send and receive functions.
Coinhako offers about 30 cryptocurrencies. About two thirds of them support buy, sell, swap, send and receive functions. Another third of them supports buy, sell and swap only.
Payment and fees
Coinbase (in Singapore) allows buying of cryptos via debit/credit cards only. Purchases via this method incurs a 3.99% charge. Singapore users cannot sell them at the moment.
Coinhako offers three methods: Xfers, FAST bank transfer, and debit/credit cards. Purchases incur a 1% charge (use promo code COINGECKO to get a preferential rate at 0.8%) which is cheaper.
Ready to buy?
Register via these referral links for a sign up promotion
Trade US$100 (or equivalent) and get free US$10 in Bitcoin!
In the promotions tab, type "COINGECKO" to get 20% off your fees!
Find out more
Checkout the reviews here for more info
Like other investments, crypto trading are not without risks, so exercise caution and beware of the risks involved!