Cryptocurrency Q&A How is Coinbase different from FTX?

How is Coinbase different from FTX?

Isabella Isabella Tue May 07 2024 | 7 answers 1374
Could you elaborate on the distinctions between Coinbase and FTX? I've heard both names mentioned frequently in the cryptocurrency sphere, but I'm not quite sure how they differ. Are their services and business models significantly different? What sets them apart in terms of user experience, security, or the range of cryptocurrencies they offer? Also, which one would you recommend for a beginner in the crypto world? Thank you for your time. How is Coinbase different from FTX?

7 answers

KimonoSerenity KimonoSerenity Thu May 09 2024
Coinbase, on the other hand, has a different fee structure for its standard exchange platform and its Coinbase Pro offering.

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Tommaso Tommaso Thu May 09 2024
For Coinbase's standard exchange platform, fees are typically higher than those offered by FTX.

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KpopMelody KpopMelody Thu May 09 2024
Coinbase Pro, however, offers more competitive fees for active traders, but they may still be higher than those of FTX.

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TaekwondoMasterStrength TaekwondoMasterStrength Thu May 09 2024
When comparing the trading fees offered by FTX and Coinbase, it's important to understand the fee structures of both platforms.

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GyeongjuGrace GyeongjuGrace Thu May 09 2024
FTX offers trading fees ranging from 0.02% to 0.07%, depending on the trading volume and other factors.

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