We wouldn’t be talking about Gemini vs Coinbase if either had poor security. As such, Coinbase is the crypto exchange that is yet again the winner in this parameter. While Gemini has the most popular cryptos, Coinbase has relatively unknown cryptocurrencies such as NFTs and play-to-earn game tokens. But Coinbase has a larger selection of cryptos for you to trade. It’s important to note that new cryptocurrencies get added all the time. Unfortunately, Gemini only trades in 52 cryptos. The best crypto exchanges have hundreds of cryptocurrencies. When it comes to the number of available cryptos on Gemini and Coinbase, you’ll see a clear difference. As such, it’s best to go on Coinmarketcap and see if the currency you’re interested in is traded on the platform you plan on registering. Most traders sign up to the platforms that trade the currencies they are interested in. When you’re looking for a cryptocurrency exchange, what is the thing you’re looking for the most? Is it the fees, general statistics, or the cryptocurrencies the platform trades? If your answer is the last, you should pay attention to the following parameter. So for this parameter of the Gemini vs Coinbase debate, we give the nod to Coinbase. But all estimates point to the fact that Coinbase is bigger than Gemini in terms of registered and active users. User statistics are notoriously unreliable and outdated the following month. In terms of user statistics, it’s probably wise to take them with a pinch of salt. It’s important to note that Gemini has not shared statistics on a number of these statistics.
We can look at a few statistics to help give you an overview of which crypto exchange is best when it comes to Gemini or Coinbase. But this is only one parameter out of a few. The fees parameter for the Gemini vs Coinbase debate shows us that Gemini is the winner. However, you pay a $5 fee for a $1,000 Bitcoin purchase with Coinbase Pro. Gemini will charge you $14.90 per $1,000 Bitcoin purchase, while the fees go down to $3.50 if you go with Active Trader. For larger transactions excluding $50,000, Gemini’s ActiveTrader proves to be cheaper than Coinbase Pro.
The fees we laid out are all in regards to deposits up to $200 and $205. Because of that, you should do your due diligence before signing up. It’s also important to note that there might be additional charges depending on the payment method you’re using.
#Gemini fees vs coinbase pro fees free
Coinbase charges $10 per wire transfer and $25 for wire withdrawal, while Gemini makes this feature free of charge.Coinbase charges the same amount to deposits up to $205. Gemini charges $2.99 for deposits between $50 and $200.For deposits between $25 and $50, both platforms charge $1.99.For deposits between $10 and $25, both platforms charge $1.49.Both platforms charge $0.99 on deposits up to $10.But for now, we’ll look at the fees of the free versions of both platforms.
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