AscendEX vs Coinbase: Fees, Coins, Safety Comparison
| Feature | AscendEX | Coinbase |
|---|---|---|
Overall |
3.3 |
4.6 |
1 |
4.8 |
|
3.7 |
3.5 |
|
4.2 |
4.4 |
|
Investment Instruments |
3.9 |
3.7 |
Platforms and Charting Tools |
3.4 |
3.6 |
Deposit and Withdrawal |
3.1 |
4.0 |
Research |
3.2 |
4.5 |
Education |
3.4 |
4.8 |
Support |
2.8 |
4.8 |
Bonuses |
4.0 |
4.6 |
|
Your capital is at risk.
|
Your capital is at risk.
|
AscendEX vs Coinbase: Pros and Cons
The AscendEX cryptocurrency exchange is a platform for spot, margin, and futures trading of cryptocurrencies and tokens. Basic (simple) and professional (full-featured) terminals are available options. Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, and tons of other cryptocurrencies and coins are traded on the site. The crypto pool is constantly expanding. There are no fiats on the site. There are several investment solutions such as staking, De-Fi farming, direct deposits to the platform, and deposits in ASD (the exchange's coin). The fees vary by asset, which includes up to 0.1% for Bitcoin and up to 0.2% for altcoins.
Coinbase is a popular cryptocurrency exchange, especially sought-after among novice traders. It allows you to trade all cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, BitcoinCash, and others. You will find a web version and an application for a smartphone based on iOS or Android. The crypto exchange provides services to users from 100 countries with more than 43 million active traders registered on the exchange. The total assets on the platform are equivalent to over USD 90 billion. The exchange brings to the table one-of-a-kind training programs that allow you to earn money during the learning process by improving your expertise in the crypto market. Learn what Coinbase is and how the exchange works.
| AscendEX | Coinbase | |
|---|---|---|
| Overall Pros | the most popular cryptocurrencies and tokens are traded on this exchange; | 2 FA authentication |
| in addition to the TradingView web terminal, there is a mobile application; | Low minimum deposit | |
| Passive income with staking | ||
| several simplified investment programs; | You can earn up to $32 in crypto while learning crypto | |
| leverage for margin and futures trading; | Solid regulation | |
| deposits into the site's coin base with lucrative bonuses; | Strong liquidity | |
| launched the sale of multi cards for investments in ASD and airdrop; | ||
| Overall Cons | no fiat assets; | Max leverage is 1:1 |
| no demo accounts; | High trading and non-trading fees | |
| there is no call center. | Indicators not available | |
| Derivatives, NFT, ETF not available |
AscendEX vs Coinbase: Safety and Regulation
| Regulated By: | AscendEX | Coinbase |
|---|---|---|
Government-regulated |
No |
Yes |
U.S Regulated |
No |
Yes |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
No |
No |
Other countries |
AscendEX vs Coinbase: Trading Conditions
| Trading Conditions | AscendEX | Coinbase |
|---|---|---|
Minimum deposit, USD or USDT |
1 |
10 |
Futures leverage |
100 |
10 |
Spot leverage |
25 |
3 |
Supported Coins |
435 |
249 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
AscendEX vs Coinbase: Fees
| Fee | AscendEX | Coinbase |
|---|---|---|
Spot Taker fee |
0,1 |
0,5 |
Spot Maker fee |
0,1 |
0,5 |
Futures Taker fee |
0,02 |
0,02 |
Futures Maker fee |
0,01 |
0,04 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0005 BTC 0,005 ETH 10 USDT |
Fixed fee - 25 USD PayPal - 1,5% USDC - 10 USD |
P2P taker fee |
Not supported |
0.05 - 0.60 |
P2P fee rate, maker fee |
Not supported |
0 - 0.40 |
AscendEX vs Coinbase: Trading Assets
| Asset Name | AscendEX | Coinbase |
|---|---|---|
Coins Supported |
435 |
249 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
No |
Yes |
Crypto Options |
No |
No |
Futures |
Yes |
Yes |
AscendEX or Coinbase: Investment Programs
| Asset Name | AscendEX | Coinbase |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
No |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Coinbase or AscendEX
| AscendEX | Coinbase | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Coinbase or AscendEX
| AscendEX | Coinbase | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
Yes |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Coinbase or AscendEX
| AscendEX | Coinbase | |
|---|---|---|
Indicators |
Yes |
No |
Drawing tools |
No |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Coinbase or AscendEX
| AscendEX | Coinbase | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Coinbase or AscendEX
| AscendEX | Coinbase | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
AscendEX vs Coinbase: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | AscendEX | Coinbase |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
AscendEX vs Coinbase: Research
| Research Type | AscendEX | Coinbase |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
AscendEX vs Coinbase: Education
| Education Type | AscendEX | Coinbase |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
Coinbase vs AscendEX: Support
| Support Features | AscendEX | Coinbase |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
Request form |
No |
AscendEX vs Coinbase: Crypto Bonuses and Promo
| Promo | AscendEX | Coinbase |
|---|---|---|
Crypto Bonus |
Complete Tasks for Beginners to Earn Up to $320 Worth of Rewards |
You can earn crypto learning crypto |
Affiliate Program |
Each user who followed your link or code and registered on the exchange becomes your referral (partner). He receives a 10% discount on all trading fees for 1 year after registration. Within 1 year, you receive passive income as a percentage of the commissions charged for your referral. The amount of payments depends on the partner's trading volume: less than $1,000,000 — 25%; up to $10,000,000 — 30%; up to $100,000,000 -—35%; more than $100,000,000 — 40%. |
You get $10 when your invitee completes a buy or sell of $100 USD. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Coinbase
-
Comment
I recommend the cold wallet Wallet Coinbase – this way you can reduce the risk of your account being blocked (which can happen for any reason, including the investigation of the coins' origin). The wallet is very convenient. It supports most of the top cryptocurrencies, all Ethereum-compatible networks, allows you to work with DeFi liquidity pools and DEX exchanges, and to create, manage, and configure NFTs. Deposits and withdrawals are done in just a few clicks.
-
Comment
I’m a freelancer and get paid in cryptocurrency. And I want to highlight the convenience of working with Coinbase in this regard. The exchange issues its own Visa card, which I use to pay in many stores, both with cash and cryptocurrency. The fee is from the payment system. And another plus: selling cryptocurrency can be considered income, for which I would have to pay taxes. However, if I pay with the Visa/Coinbase card using USD or USDC (the exchange's stablecoin), no tax obligation arises.
-
Comment
Maybe my review will seem ordinary. But this is just my experience. After missing out on several successful listings like NOT and Dogs, I caught FOMO and wanted to take a risk with literally a couple of hundred dollars. I was choosing between several exchanges. In the end, I logged into Binance, Coinbase, MEX, and Bybit. In terms of account management comfort, I liked Coinbase the most. It’s an intuitive platform with a minimum of necessary tools. In terms of functionality and trust – Bybit, because it faces less regulatory pressure. As a result, I transferred 80% of my cryptocurrency to my Coinbase wallet and increased the deposit.
-
Comment
Nowadays, you can compare all other exchanges to Binance and Bybit. In my opinion, they are too "fancy," overloaded with different features, confusing products, and tools that take hours to figure out, and then one careless click – and you're at a loss. Maybe some people find it interesting to dig into all this, but I prefer the simpler and more reliable Coinbase. The liquidity level for trading top coins here is on par with Binance. There’s no P2P, but there are many withdrawal payment methods. There are basic tools: coins with potential growth (new ones) for staking, passive earnings with USDC, etc. In my opinion, Coinbase is the golden mean between useful functionality and reliability.
-
Comment
The platform's fees are notably high compared to other exchanges, eating into profits and making trading less attractive. Additionally, Coinbase's customer support can be slow and unresponsive. Overall, while Coinbase may be popular, its high fees, sluggish customer support, and limited coin offerings make it less than ideal for many traders.
Top 5 Reviews on AscendEX
-
Comment
Attempting to trade with AscendEX was a frustrating endeavor, as I encountered significant obstacles that hindered my trading activities. The platform's intervention in trades, preventing profitable transactions from being closed, was particularly egregious and undermined any confidence I had in the exchange's integrity.
-
Comment
I won't forget those AscendEXs. About 3 years ago I tried to trade with them, but this did not work out here. The broker intervenes, does not allow profitable transactions to be closed. I didn't last long here. I do not recommend, nothing here, most likely, has not changed.
-
Comment
If you have extra money, then you need to carry it to AscendEX. Orders here are opened and closed only from 3-7 times, the terminal constantly hangs, the price movement is jerky. Horror is simple!
-
Comment
My requests for withdrawal of funds hang for a month. In response to requests, carbon copy replies come: "The finance department is doing everything possible to expedite the processing of your application and we guarantee you that this problem will be resolved in the near future. Your application will be processed, please wait a little longer." And it's been like this for a month now!
-
Comment
I started cooperation with this cryptocurrency platform back when it was known as Bitmax. The rebranding has benefitted this crypto exchange. Not only did the name change, but also the quality of customer service. I mainly trade from my mobile because I travel a lot. In terms of functionality, the mobile application is not inferior to the web version. No bugs or errors in the terminal operation. Although the company did not have a call center, I never had any difficulties in communicating with the support. So far, everything is ice.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.