Coinone vs Coinbase: Fees, Coins, Safety Comparison
| Feature | Coinone | Coinbase |
|---|---|---|
Overall |
2.9 |
4.6 |
1 |
4.8 |
|
4.0 |
3.5 |
|
3.8 |
4.4 |
|
Investment Instruments |
3.4 |
3.7 |
Platforms and Charting Tools |
3.4 |
3.6 |
Deposit and Withdrawal |
3.5 |
4.0 |
Research |
3.5 |
4.5 |
Education |
1 |
4.8 |
Support |
3.4 |
4.8 |
Bonuses |
2.3 |
4.6 |
|
Your capital is at risk.
|
Coinone vs Coinbase: Pros and Cons
The Coinone exchange is a renowned platform for buying, selling, and exchanging cryptocurrencies in the Asian market. Bitcoin, Ethereum, Ripple, Litecoin, USDT, Klaytn, Celeb, and other crypto assets are traded on it. Only the South Korean won represents fiat money. The site has its proprietary trading terminal, developed from scratch based on Coinone Core. There are three services — simplified, professional trading, and lightning-quick exchange. The leverage is 1:4 and is available for margin trading. The company recently released its proprietary mobile trading application. Staking is available to users of the platform as a way to generate passive income. The fees are below average for the segment, depending on the trading volume. The exchange does not offer referral programs, demo accounts, or training guides.
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.
| Coinone | Coinbase | |
|---|---|---|
| Overall Pros | the most popular cryptocurrencies are traded on the exchange; | 2 FA authentication |
| the proprietary trading terminal has extensive functionality; | Low minimum deposit | |
| top-notch protection of user funds and data; | Passive income with staking | |
| mobile application with a convenient, intuitive interface; | You can earn up to $32 in crypto while learning crypto | |
| a vast array of staking programs from which to choose; | Solid regulation | |
| the ability to provide loans to other traders; | Strong liquidity | |
| Overall Cons | only Korean won is presented as fiat funds; | Max leverage is 1:1 |
| no referral program; | High trading and non-trading fees | |
| lack of demo accounts and guides that are crucial for newbies. | Indicators not available | |
| Derivatives, NFT, ETF not available |
Coinone vs Coinbase: Safety and Regulation
| Regulated By: | Coinone | Coinbase |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Regulated in 45 States in the USA |
Coinone vs Coinbase: Trading Conditions
| Trading Conditions | Coinone | Coinbase |
|---|---|---|
Minimum Deposit |
$1 |
$25 |
Trading Platforms |
Coinone |
Web, mobile |
Max Leverage (Futures) |
44652 |
1:1 |
Number of Markets |
198+ |
170 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, currencies |
USD + 6 cryptos |
Coinone vs Coinbase: Fees
Trading Fees
| Fee | Coinone | Coinbase |
|---|---|---|
Max Maker |
0.2% |
0.5% |
Max Taker |
0.2% |
0.5% |
Min Maker |
0.2% |
0 |
Min Taker |
0.2% |
0.04% |
Debit/Credit Card Purchase Fee |
Not supported |
3.99% |
Futures Trading fees
| Fee | Coinone | Coinbase |
|---|---|---|
Max Maker |
Not supported |
not supported |
Max Taker |
Not supported |
not supported |
Min Maker |
Not supported |
not supported |
Min Taker |
Not supported |
not supported |
Non-Trading Fees
| Fee | Coinone | 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 |
0.0015 |
1% conversion fee |
Inactivity Fee |
No |
No |
Coinone vs Coinbase: Trading Assets
| Asset Name | Coinone | Coinbase |
|---|---|---|
Overall |
198+ |
175+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
No |
Yes |
Uniswap (UNI) |
No |
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 |
Coinone or Coinbase: Investment Programs
| Asset Name | Coinone | Coinbase |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
Trading Platforms: Coinbase or Coinone
| Coinone | Coinbase | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Coinbase or Coinone
| Coinone | Coinbase | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
Yes |
Search Bar |
No |
Yes |
Filters |
No |
Yes |
Technical Analysis: Coinbase or Coinone
| Coinone | Coinbase | |
|---|---|---|
Indicators |
No |
No |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
No |
Yes |
Mobile trading: Coinbase or Coinone
| Coinone | 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 Coinone
| Coinone | Coinbase | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Coinone vs Coinbase: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Coinone | Coinbase |
|---|---|---|
Bank Transfer |
Yes (Only deposit) |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Coinone vs Coinbase: Research
| Research Type | Coinone | Coinbase |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
No |
No |
E-Mail Reports |
No |
Yes |
Coinone vs Coinbase: Education
| Education Type | Coinone | Coinbase |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
Yes |
Articles |
No |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
Coinbase vs Coinone: Support
| Support Features | Coinone | Coinbase |
|---|---|---|
Working Days |
44689 |
24/7 |
No |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
No |
Yes |
Other |
Ticket |
No |
Coinone vs Coinbase: Crypto Bonuses and Promo
| Promo | Coinone | Coinbase |
|---|---|---|
Crypto Bonus |
Bonuses for participating in popular programs. |
You can earn crypto learning crypto |
Affiliate Program |
No |
You get $10 when your invitee completes a buy or sell of $100 USD. |
|
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 Coinone
-
Comment
I think Coinone is pretty good. The main disadvantage for me is the poor trading platform, because some platform failures can occur. But there are good points, such as leverage and a number of orders. Moreover, Coinone has some improvements of other services.
-
Comment
I recommend not to contact coinone at all. They are not interested in clients' profits. They are only interested in their money. This exchange uses a lot of fraudulent schemes and arranges everything in such a way that you essentially have nothing to charge them with. That’s what happened to me, I couldn’t even withdraw my money from this exchange. So think before you come here.
-
Comment
You will not earn anything with Coinone, but you will only lose all your money. It's good that I transferred a small amount here. I tried trading, but it seems that the algorithm of the Coinone platform does not allow me to earn more than half of the open trades. I tried different options, the result is the same.
-
Comment
If you don't want to lose your money, avoid Coinone, because if you transfer your money there, you will not be able to return it. The problems there start from trading and end with trivial account blocking. I went through all these stages and know what I’m talking about. Coinone is a scam and a complete deception.
-
Comment
Coinone doesn’t let you make money from trading. I don’t think that everyone here is always trading for profit. This is simply impossible. I have tried various trading strategies, but nothing worked. The Coinone platform slows down terribly when opening trades; they can hang for several minutes. You definitely can’t make money from the news.
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.