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 |
---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Regulated in 45 States in the USA |
Bitsgap vs Coinbase: Trading Conditions
Trading Conditions | Bitsgap | Coinbase |
---|---|---|
Minimum Deposit |
$1 |
$25 |
Trading Platforms |
Bitsgap |
Web, mobile |
Max Leverage (Futures) |
44562 |
1:1 |
Number of Markets |
1300+ |
170 |
Trading Accounts |
4 |
1 |
Base Account Currencies |
USD, EUR, cryptocurrencies |
USD + 6 cryptos |
Bitsgap vs Coinbase: Fees
Trading Fees
Fee | Bitsgap | Coinbase |
---|---|---|
Max Maker |
0 |
0.5% |
Max Taker |
0 |
0.5% |
Min Maker |
0 |
0 |
Min Taker |
0 |
0.04% |
Debit/Credit Card Purchase Fee |
0 |
3.99% |
Futures Trading fees
Fee | Bitsgap | Coinbase |
---|---|---|
Max Maker |
0 |
not supported |
Max Taker |
0 |
not supported |
Min Maker |
0 |
not supported |
Min Taker |
0 |
not supported |
Non-Trading Fees
Fee | Bitsgap | Coinbase |
---|---|---|
Account Fee |
Basic $24/mo, Advanced $57/mo, Pro $123/mo. |
No |
Deposit Fee |
No |
|
Bank Transfer Withdrawal Fee |
1.49% |
|
Debit/Credit Card Withdrawal Fee |
3.99% |
|
BTC Withdrawal Fee |
1% conversion fee |
|
Inactivity Fee |
No |
Bitsgap vs Coinbase: Trading Assets
Asset Name | Bitsgap | Coinbase |
---|---|---|
Overall |
1300+ |
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) |
Yes |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
No |
NFT |
No |
No |
Crypto ETF |
No |
No |
Bitsgap or Coinbase: Investment Programs
Asset Name | Bitsgap | Coinbase |
---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Algoritmic Trading |
No |
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
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 Bitsgap
-
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.