Cryptohopper vs Coinbase: Fees, Coins, Safety Comparison
| Feature | Cryptohopper | Coinbase |
|---|---|---|
Overall |
3.8 |
4.6 |
1 |
4.8 |
|
4.7 |
3.5 |
|
4.4 |
4.4 |
|
Investment Instruments |
4.2 |
3.7 |
Platforms and Charting Tools |
4.3 |
3.6 |
Deposit and Withdrawal |
3.7 |
4.0 |
Research |
4.1 |
4.5 |
Education |
3.5 |
4.8 |
Support |
3.7 |
4.8 |
Bonuses |
4.4 |
4.6 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Cryptohopper vs Coinbase: Pros and Cons
CryptoHopper is a multi-purpose platform that combines its hub functions, copying service, social trading, and an investment portfolio management service. The CryptoHopper terminal trades in Bitcoin, Ethereum, Litecoin, and dozens of other cryptocurrencies and tokens, which are presented on partner exchanges. The one-of-a-kind system stands out for the presence of free-of-charge trading bots where you can create and test your bots. The platform also provides an emulator of exchange strategies. There is also an in-depth training system.
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.
| Cryptohopper | Coinbase | |
|---|---|---|
| Overall Pros | cryptocurrencies can be traded on any of the partner exchanges from CryptoHopper’s terminal; | 2 FA authentication |
| no fees or fixed payments for using the service; | Low minimum deposit | |
| profitable partnership and investment program; | Passive income with staking | |
| service for copying transactions and auto-trading bots; | You can earn up to $32 in crypto while learning crypto | |
| a vast selection of instruments; | Solid regulation | |
| synchronization of accounts on diverse exchanges; | Strong liquidity | |
| large trading volumes. | ||
| Overall Cons | free mode is extremely limited in functionality. | Max leverage is 1:1 |
| High trading and non-trading fees | ||
| Indicators not available | ||
| Derivatives, NFT, ETF not available |
Cryptohopper vs Coinbase: Safety and Regulation
| Regulated By: | Cryptohopper | Coinbase |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Regulated in 45 States in the USA |
Cryptohopper vs Coinbase: Trading Conditions
| Trading Conditions | Cryptohopper | Coinbase |
|---|---|---|
Minimum Deposit |
$1 |
$25 |
Trading Platforms |
Cryptohopper |
Web, mobile |
Max Leverage (Futures) |
44835 |
1:1 |
Number of Markets |
500+ |
170 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, Fiat currencies |
USD + 6 cryptos |
Cryptohopper vs Coinbase: Fees
Trading Fees
| Fee | Cryptohopper | 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 | Cryptohopper | 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 | Cryptohopper | Coinbase |
|---|---|---|
Account Fee |
Pioneer - 0%; Explorer $16.58/mo; Adventurer $41.58/mo; Hero $83.25/mo |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
1.49% |
Debit/Credit Card Withdrawal Fee |
0 |
3.99% |
BTC Withdrawal Fee |
0 |
1% conversion fee |
Inactivity Fee |
No |
No |
Cryptohopper vs Coinbase: Trading Assets
| Asset Name | Cryptohopper | Coinbase |
|---|---|---|
Overall |
500+ |
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 |
Yes |
No |
Crypto ETF |
No |
No |
Cryptohopper or Coinbase: Investment Programs
| Asset Name | Cryptohopper | Coinbase |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Automatic Trading, Social Trading, |
No |
Trading Platforms: Coinbase or Cryptohopper
| Cryptohopper | 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 Cryptohopper
| Cryptohopper | 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 Cryptohopper
| Cryptohopper | Coinbase | |
|---|---|---|
Indicators |
Yes |
No |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Coinbase or Cryptohopper
| Cryptohopper | 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 Cryptohopper
| Cryptohopper | Coinbase | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
Yes |
No |
Cryptohopper vs Coinbase: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Cryptohopper | Coinbase |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
Yes |
Crypto |
Yes |
Yes |
Cryptohopper vs Coinbase: Research
| Research Type | Cryptohopper | Coinbase |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Cryptohopper vs Coinbase: Education
| Education Type | Cryptohopper | Coinbase |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
No |
Coinbase vs Cryptohopper: Support
| Support Features | Cryptohopper | Coinbase |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
Request form |
No |
Cryptohopper vs Coinbase: Crypto Bonuses and Promo
| Promo | Cryptohopper | Coinbase |
|---|---|---|
Crypto Bonus |
30% Sign up Bonus Hero Pro Cryptohopper Subscription, temporary bonus offers |
You can earn crypto learning crypto |
Affiliate Program |
CryptoHopper offers a flexible affiliate program based on getting a referral link to invite users. It is available to any verified trader. A user who has registered on the platform using TU’s referral link will bring you income by trading on partner exchanges. The benefits are: up to 15% from each payment of your referral; $1.9 per referral fee for whoever bought the ExplorerHopper package; $4.9 per referral fee for whoever purchased the Adventure Hopper package; $9.9 per referral fee for whoever bought the HeroHopper package. |
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 Cryptohopper
-
Comment
If you want to automatically trade cryptocurrencies, Cryptohopper is a good option. It has both ready-made robot programs and a constructor that helps traders independently create a trading program for automatic opening of orders when trading cryptocurrencies. And here a lot will depend on the trader’s strategy. That's why I chose Cryptohopper.
-
Comment
I think that they shouldn’t write negative reviews of Cryptohopper. Indeed, this is not a standard cryptocurrency exchange. But there are good opportunities for automatic trading on different exchanges. Trading programs are created based on templates. If you have no trading experience, you can use a ready-made trading advisor. Nobody says it is safe and 100% profitable. Everything is like ordinary trading.
-
Comment
It is better not to start working with cryptohopper. It’s a terrible platform for exchange or trading, everything here works with problems. And cryptohopper charges a large fee for such services. The exchange administration claims that they do not charge a deposit fee. But when I entered USDT 600, I only received 570. And the rest of the money, according to support, was withheld as a fee. So this is how they deceive traders here.
-
Comment
Tried trading with Cryptohopper's robots and realized that I made a big mistake. You cannot trust third-party software when you are trading and using your own money, especially when it comes to cryptocurrency trading. The robot programs at Cryptohopper are not the cheapest, and you can only test them by fully paying for the rental. As a result, I lost money both in renting and in trading with the robots.
-
Comment
I can confidently say that Cryptohopper is a scam. I don't know what kind of trading bot designer the company offers. I used to rent trading bots that they designed. By the way, I was immediately offered ready-made programs for trading. And it was these Cryptohopper bots that led me to lose almost BTC 0.38. Of course, no one returned my money to me.
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.