Compare Coinbase vs Coinfloor
In the ever-expanding landscape of crypto trading, two platforms have been gaining attention among cryptocurrency enthusiasts: Coinbase and Coinfloor. Designed for novices and experienced traders alike, these platforms offer a variety of features and services. This article will provide an intensive comparison between Coinbase and Coinfloor, analysing their performance, reliability, security measures, fees, and customer support.
| Company | ||
|---|---|---|
| User rating | 13 user reviews | 3 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user reviews | 3 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
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Coinbase is a leading digital currency platform and wallet where sellers and buyers can transact with new types of digital currencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The exchange was founded by Brian Armstrong and Fred Ehrsam in 2012 and is based in San Francisco, California. They focus on the US market, however, the company currently operates in 31 countries and offers storage of bitcoins in 190 countries around the world.
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Coinfloor is a UK-based peer-to-peer marketplace exchange which provides an opportunity to buy and sell BTC. It was founded in 2013. The exchange has a simple interface and a mobile app. Coinfloor guarantees 100 % cold storage of trader’s funds. BTC deposits are free of charge but at the same time there is a minimum allowed deposit amount.
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Founding Date
| 2012 | 2013 |
Country
| USA | United Kingdom |
Type
| Centralized | Centralized |
Languages
| Portuguese, German, French, Spanish, Italian, Dutch, Turkish, Polish | English |
Mobile app
| iOS, Android | - |
Full address
| 548 Market St #23008 San Francisco, CA 94104 | 1 Quality Court, WC2A 1HR London, United Kingdom |
Fees
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PRICING TIER: TAKER FEE / MAKER FEE Up to $10k: 0.50% / 0.50% $10k-$50k: 0.35% / 0.35% $50k-$100k: 0.25% / 0.15% $100k-$1m: 0.20% / 0.10% $1m-$10m: 0.18% / 0.08% $10m-$50m: 0.15% / 0.05% $50m-$100m: 0.10% / 0.00% $100m-$300m: 0.07% / 0.00% $300m-$500m: 0.06% / 0.00% |
30 DAY TRAILING TRADING VOLUME | FEES < 500,000 0.30% 500,000 – 1,000,000 0.20% > 1,000,000 0.10% |
| About |
Coinbase is a leading digital currency platform and wallet where sellers and buyers can transact with new types of digital currencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The exchange was founded by Brian Armstrong and Fred Ehrsam in 2012 and is based in San Francisco, California. They focus on the US market, however, the company currently operates in 31 countries and offers storage of bitcoins in 190 countries around the world.
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Coinfloor is a UK-based peer-to-peer marketplace exchange which provides an opportunity to buy and sell BTC. It was founded in 2013. The exchange has a simple interface and a mobile app. Coinfloor guarantees 100 % cold storage of trader’s funds. BTC deposits are free of charge but at the same time there is a minimum allowed deposit amount.
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|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2013 |
| Country | Country USA | Country United Kingdom |
| Type | Type Centralized | Type Centralized |
| Languages | Languages Portuguese, German, French, Spanish, Italian, Dutch, Turkish, Polish | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address 548 Market St #23008 San Francisco, CA 94104 | Full address 1 Quality Court, WC2A 1HR London, United Kingdom |
| Fees |
Fees
PRICING TIER: TAKER FEE / MAKER FEE Up to $10k: 0.50% / 0.50% $10k-$50k: 0.35% / 0.35% $50k-$100k: 0.25% / 0.15% $100k-$1m: 0.20% / 0.10% $1m-$10m: 0.18% / 0.08% $10m-$50m: 0.15% / 0.05% $50m-$100m: 0.10% / 0.00% $100m-$300m: 0.07% / 0.00% $300m-$500m: 0.06% / 0.00% |
Fees
30 DAY TRAILING TRADING VOLUME | FEES < 500,000 0.30% 500,000 – 1,000,000 0.20% > 1,000,000 0.10% |
Trading
Coinbase trading volume is 128,979,540.0. The exchange has 78 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
Coinfloor trading volume is 1,124,933.0. The exchange has 2 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 128979540 | 1124933 |
Pairs
| 78 | 2 |
Coins
| 29 | 3 |
Fiat trading
| - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 128979540 | Volume 1124933 |
|---|---|---|
| Pairs | Pairs 78 | Pairs 2 |
| Coins | Coins 29 | Coins 3 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Verified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| coinbase-consumer.sjv.io | www.coinfloor.com |
| @coinbase | @coinfloor |
Number of followers
| 1100000 | 4596 |
| Website | Website coinbase-consumer.sjv.io | Website www.coinfloor.com |
|---|---|---|
| Twitter @coinbase | Twitter @coinfloor | |
| Number of followers | Number of followers 1100000 | Number of followers 4596 |
Rating
| User rating | 13 user reviews | 3 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
In depth, we have carefully analysed the features, benefits and drawbacks of Coinbase and Coinfloor. The right choice ultimately depends on individual requirements and preferences. Clients seeking a wider selection of cryptocurrencies might opt for Coinbase, while those looking for a simplistic, user-friendly platform may find Coinfloor appealing. It is advisable for traders to understand their trading needs and financial goals before selecting a platform.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Coinbase with Coinfloor. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Coinbase was founded in 2012 in USA. Coinfloor was founded in 2013 in United Kingdom.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Coinbase. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Coinbase is Centralized and Coinfloor is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Coinbase has a mobile app available for iOS and Android. Coinfloor doesn't have a mobile app.
Coinbase has 8 languages available, including Portuguese, German, French, Spanish, Italian, Dutch, Turkish and Polish. Coinfloor has 1 language available, which is English.