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 |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Regulated in 45 States in the USA |
AscendEX vs Coinbase: Trading Conditions
| Trading Conditions | AscendEX | Coinbase |
|---|---|---|
Minimum Deposit |
$1 |
$25 |
Trading Platforms |
AscendEX |
Web, mobile |
Max Leverage (Futures) |
1:25 (margin), 1:100 (futures) |
1:1 |
Number of Markets |
200+ |
170 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptos |
USD + 6 cryptos |
AscendEX vs Coinbase: Fees
Trading Fees
| Fee | AscendEX | Coinbase |
|---|---|---|
Max Maker |
0.2% |
0.5% |
Max Taker |
0.2% |
0.5% |
Min Maker |
-0.015% |
0 |
Min Taker |
0.0002 |
0.04% |
Debit/Credit Card Purchase Fee |
0 |
3.99% |
Futures Trading fees
| Fee | AscendEX | Coinbase |
|---|---|---|
Max Maker |
0.02% |
not supported |
Max Taker |
0.06% |
not supported |
Min Maker |
-0.015% |
not supported |
Min Taker |
0.0003 |
not supported |
Non-Trading Fees
| Fee | AscendEX | Coinbase |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
1.49% |
Debit/Credit Card Withdrawal Fee |
Not supported |
3.99% |
BTC Withdrawal Fee |
0,0005 BTC |
1% conversion fee |
Inactivity Fee |
No |
No |
AscendEX vs Coinbase: Trading Assets
| Asset Name | AscendEX | Coinbase |
|---|---|---|
Overall |
200+ |
175+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
No |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
No |
NFT |
Yes |
No |
Crypto ETF |
No |
No |
AscendEX or Coinbase: Investment Programs
| Asset Name | AscendEX | Coinbase |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Yield Farming, Liquidity Mining |
No |
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
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.
-
Comment
Coinbase does not withdraw money from the account!!! After 3 years of working with them, my account suddenly became suspicious ... The other day I tried to withdraw money and was refused! Support began to communicate terribly uncivilized, I don’t even know what to think....
-
Comment
Reviews about Coinbase, in my opinion, speak for themselves. I have no confidence in these companies!
-
Comment
The company does not comply with its own regulations! Promises one thing, does another. So you can't trade. You have to trust the company, and I can't do that.
-
Comment
To begin with, Coinbase specializes in cryptocurrency trading only, so if you need other tools, Coinbase is definitely not your option. There is no demo account either, but with a $2 minimum deposit, this is forgivable. Moreover, several payment systems have been proposed for depositing funds, so there will definitely not be any problems. Education… Let's just say that I already know what is in Coinbase, as I have been trading for more than 5 years. But it will be useful for beginners. I consider Coinbase as a broker where you can learn how to trade, and then choose a broker according to your requirements. I’m talking about “learning to trade” literally: there are no investment offers in Coinbase. Only active cryptocurrency trading.
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.