Compare Coinbase vs Luno
In the rapidly evolving landscape of cryptocurrency exchange platforms, two leading contenders vie for your attention: Coinbase and Luno. Both platforms have unique advantages and have facilitated millions of cryptocurrency transactions. In this article, we will delve into a comprehensive comparison between Coinbase and Luno, providing an in-depth exploration of their features, user-friendly interfaces, fees structure, security, and more, enabling you to make an educated choice tailored to your preferences.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 8 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 8 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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Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.
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Founding Date
| 2012 | 2013 |
Country
| USA | Singapore |
Type
| Centralized | Centralized |
Languages
| Portuguese, German, French, Spanish, Italian, Dutch, Turkish, Polish | English, French, Indonesian |
Mobile app
| iOS, Android | iOS, Android |
Full address
| 548 Market St #23008 San Francisco, CA 94104 | 2 Eastbourne Terrace London W2 6LG |
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% |
Trading fees (Maker/Taker) BTC/IDR: 0.00% / 0.20% BTC/MYR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00 BTC/NGN: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00 BTC/ZAR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00 ETH/BTC: 0.00% / 0.25% Instant Buy: BTC/EUR: BTC 0.0005 - BTC 2.00 | EUR 1.00 - EUR 8,000.00 BTC/IDR: BTC 0.0005 - BTC 2.00 | IDR 15,000.00 - IDR 120,000,000.00 BTC/MYR: BTC 0.0005 - BTC 2.00 | MYR 2.00 - MYR 40,000.00 BTC/NGN: BTC 0.0005 - BTC 1.00 | NGN 100.00 - NGN 1,600,000.00 BTC/ZAR: BTC 0.0005 - BTC 2.00 | ZAR 2.00 - ZAR 130,000.00 |
| 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.
|
Luno is the second-largest cryptocurrency exchanger in Indonesia. Headquartered in Singapore, Luno has spread to various countries. Become a trusted and decentralized exchanger, because it provides trading transactions for cryptocurrencies such as BTC, ETH, LTC, and other Altcoins. Visit Luno to see the cryptocurrency.
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|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2013 |
| Country | Country USA | Country Singapore |
| Type | Type Centralized | Type Centralized |
| Languages | Languages Portuguese, German, French, Spanish, Italian, Dutch, Turkish, Polish | Languages English, French, Indonesian |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address 548 Market St #23008 San Francisco, CA 94104 | Full address 2 Eastbourne Terrace London W2 6LG |
| 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
Trading fees (Maker/Taker) BTC/IDR: 0.00% / 0.20% BTC/MYR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00 BTC/NGN: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00 BTC/ZAR: 0.00% / 1.00% >BTC 0.00 | 0.75% >BTC 10.00 | 0.50% >BTC 100.00 ETH/BTC: 0.00% / 0.25% Instant Buy: BTC/EUR: BTC 0.0005 - BTC 2.00 | EUR 1.00 - EUR 8,000.00 BTC/IDR: BTC 0.0005 - BTC 2.00 | IDR 15,000.00 - IDR 120,000,000.00 BTC/MYR: BTC 0.0005 - BTC 2.00 | MYR 2.00 - MYR 40,000.00 BTC/NGN: BTC 0.0005 - BTC 1.00 | NGN 100.00 - NGN 1,600,000.00 BTC/ZAR: BTC 0.0005 - BTC 2.00 | ZAR 2.00 - ZAR 130,000.00 |
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.
Luno trading volume is 3,657,986.0. The exchange has 5 available trading pairs. Fiat trading is 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 | 3657986 |
Pairs
| 78 | 5 |
Coins
| 29 | 6 |
Fiat trading
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 128979540 | Volume 3657986 |
|---|---|---|
| Pairs | Pairs 78 | Pairs 5 |
| Coins | Coins 29 | Coins 6 |
| 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.luno.com |
| @coinbase | @lunomoney |
Number of followers
| 1100000 | 20940 |
| Website | Website coinbase-consumer.sjv.io | Website www.luno.com |
|---|---|---|
| Twitter @coinbase | Twitter @lunomoney | |
| Number of followers | Number of followers 1100000 | Number of followers 20940 |
Rating
| User rating | 14 user reviews | 8 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
In conclusion, the choice between Coinbase and Luno ultimately boils down to individual preference. Each offers diverse strengths where the other lacks, with Coinbase offering a broader array of cryptocurrencies and Luno offering a more simplified interface, particularly for beginners. It is crucial to consider your particular needs, be it in terms of supported cryptocurrencies, fees, customer service or the simplicity of the user interface, before making an informed decision. With our detailed comparison, we hope you are now equipped to make the perfect choice for your cryptocurrency exchange needs between Coinbase and Luno.
| 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 Luno. 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. Luno was founded in 2013 in Singapore.
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 Luno 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. Luno has a mobile app available for iOS and Android.
Coinbase has 8 languages available, including Portuguese, German, French, Spanish, Italian, Dutch, Turkish and Polish. Luno has 3 languages available, including English, French and Indonesian.