Bitsgap vs Coinbase: Fees, Coins, Safety Comparison
| Feature | Bitsgap | Coinbase |
|---|---|---|
Overall |
2.2 |
4.6 |
1 |
4.8 |
|
3.4 |
3.5 |
|
3.6 |
4.4 |
|
Investment Instruments |
1.7 |
3.7 |
Platforms and Charting Tools |
1.6 |
3.6 |
Deposit and Withdrawal |
1.8 |
4.0 |
Research |
3.0 |
4.5 |
Education |
1.9 |
4.8 |
Support |
1.9 |
4.8 |
Bonuses |
2.5 |
4.6 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitsgap vs Coinbase: Pros and Cons
Bitsgap is a young Estonian crypto exchanger founded in 2017 by an enthusiastic team of private traders, security experts, and marketers. Their goal was to create a universal platform, the functionality of which will allow a trader to trade not on one, but on several crypto exchanges at the same time. At the moment, every Bitsgap client can exchange cryptocurrencies on 20 world exchanges, thereby adjusting to the market in real-time. Traders who do not want to trade on their own can connect special bots designed for different tasks and trading styles.
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.
| Bitsgap | Coinbase | |
|---|---|---|
| Overall Pros | a wide range of assets comprising more than 600 pairs of cryptocurrencies; | 2 FA authentication |
| the presence of several tariff plans with different subscription rates, the size of which can be reduced by paying for 6 months of use in advance; | Low minimum deposit | |
| no trading commissions for transactions or additional fees for making a deposit and withdrawing funds; | Passive income with staking | |
| trading using bots is allowed without additional commissions; | You can earn up to $32 in crypto while learning crypto | |
| integration with more than 20 major crypto exchanges; | Solid regulation | |
| a 7-day trial version of paid plans is available without verification; | Strong liquidity | |
| availability of a functional trading platform based on TradingView. | ||
| Overall Cons | you cannot trade with leverage; | Max leverage is 1:1 |
| lack of a license from a reliable regulator; | High trading and non-trading fees | |
| no online chat and phone support. | Indicators not available | |
| Derivatives, NFT, ETF not available |
Bitsgap vs Coinbase: Safety and Regulation
| Regulated By: | Bitsgap | 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 |
Bitsgap vs Coinbase: Trading Conditions
| Trading Conditions | Bitsgap | Coinbase |
|---|---|---|
Minimum deposit, USD or USDT |
0 |
10 |
Futures leverage |
125 |
10 |
Spot leverage |
1 |
3 |
Supported Coins |
Varies |
249 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
Bitsgap vs Coinbase: Fees
| Fee | Bitsgap | Coinbase |
|---|---|---|
Spot Taker fee |
Fees of connected exchanges apply |
0,5 |
Spot Maker fee |
Fees of connected exchanges apply |
0,5 |
Futures Taker fee |
Varies by connected exchange |
0,02 |
Futures Maker fee |
Varies by connected exchange |
0,04 |
Deposit fee |
No |
No |
Withdrawal fee |
Based on connected exchanges |
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 |
Bitsgap vs Coinbase: Trading Assets
| Asset Name | Bitsgap | Coinbase |
|---|---|---|
Coins Supported |
Varies |
249 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
No |
Yes |
Crypto Options |
Yes |
No |
Futures |
Yes |
Yes |
Bitsgap or Coinbase: Investment Programs
| Asset Name | Bitsgap | Coinbase |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
No |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Coinbase or Bitsgap
| Bitsgap | 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 Bitsgap
| Bitsgap | 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 Bitsgap
| Bitsgap | Coinbase | |
|---|---|---|
Indicators |
Yes |
No |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Coinbase or Bitsgap
| Bitsgap | 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 Bitsgap
| Bitsgap | Coinbase | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
Bitsgap vs Coinbase: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitsgap | Coinbase |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
Yes |
Bitsgap vs Coinbase: Research
| Research Type | Bitsgap | Coinbase |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Bitsgap vs Coinbase: Education
| Education Type | Bitsgap | Coinbase |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
No |
Coinbase vs Bitsgap: Support
| Support Features | Bitsgap | Coinbase |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Bitsgap vs Coinbase: Crypto Bonuses and Promo
| Promo | Bitsgap | Coinbase |
|---|---|---|
Crypto Bonus |
Temporary bonus offers |
You can earn crypto learning crypto |
Affiliate Program |
Refer A Friend (RAF) is a program with a reward of $10 for each connected referral who has got a paid package. The partner also receives 30% of the subscription fees of all invited friends who continue to use Bitsgap services. |
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 Bitsgap
-
Comment
The platform allowed me to automate most of my trading and free up time. The bots work smoothly, and the interface is intuitive even for beginners. The support team is also excellent – they respond quickly to any inquiries.
-
Comment
Very useful trading tool. The site offers excellent tools for automating cryptocurrency trading. The bots are easy to set up and yield good results. I would like to see more educational materials for beginners. Otherwise, everything is great.
-
Comment
Bitsgap raises suspicion of being a potential scam. Withdrawal fees, in particular, are surprisingly high, with the exchange imposing charges across all currencies. Exercise extreme caution when dealing with Bitsgap, as their practices may not align with your expectations or financial interests.
-
Comment
Carefully! Bitsgap is probably a scam. Although they write that there are no commissions. But apart from any tariff plans, Bitsgap has commissions. The commission for withdrawal is far from small, the exchange takes a commission for withdrawing money in any currency. I do not advise!
-
Comment
From the very beginning, I did not like Bitsgap very much. There were mixed feelings. Either trading is normal, then suddenly the server will disappear unexpectedly. And now they don't even want to withdraw. I waited a week, and wrote a complaint, so they answer, they say, you know, times are hard. Fine? Looks like another bankrupt is waiting for us soon.
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.