Compare Coinbase vs Poloniex
On this page, you can compare Coinbase with Poloniex. 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. Poloniex was founded in 2014 in USA.
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 Poloniex 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. Poloniex has a mobile app available for iOS and Android.
Coinbase has 8 languages available, including Portuguese, German, French, Spanish, Italian, Dutch, Turkish and Polish. Poloniex has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 13 user reviews | 11 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 13 user reviews | 11 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
Founding Date
| 2012 | 2014 |
Country
| USA | USA |
Type
| Centralized | Centralized |
Languages
| Portuguese, German, French, Spanish, Italian, Dutch, Turkish, Polish | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| 548 Market St #23008 San Francisco, CA 94104 | Poloniex, LLC. 2018 - Boston, MA, U.S.A |
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 are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
| 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.
|
Poloniex launched in 2014. It is based in the United States. It was recently acquired by Circle, a large Goldman-Sachs backed company. The exchange faced a hacker attack soon after opening which caused a higher level of security provided later. It requires a user’s physical address, postal address, date of birth, id, and phone number.
|
|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2014 |
| Country | Country USA | Country USA |
| 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 iOS, Android |
| Full address | Full address 548 Market St #23008 San Francisco, CA 94104 | Full address Poloniex, LLC. 2018 - Boston, MA, U.S.A |
| 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
Fees are charged and deduced on a per-trade basis. The more “total volume” you trade on a rolling 30 day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and dynamically adjust your fees according to the following schedule: Maker | Taker Trade | Volume (trailing 30 day avg) 0.08% | 0.20% | < $1m USD 0.02% | 0.15% | < $20m USD 0.00% | 0.10% | ≥ $20m USD |
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.
Poloniex trading volume is 18,446,726.0. The exchange has 101 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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 | 18446726 |
Pairs
| 78 | 101 |
Coins
| 29 | 57 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 128979540 | Volume 18446726 |
|---|---|---|
| Pairs | Pairs 78 | Pairs 101 |
| Coins | Coins 29 | Coins 57 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin |
Safety
Two factor authentication
Verified
| Verified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Verified |
Social
Website
| coinbase-consumer.sjv.io | poloniex.com |
| @coinbase | @poloniex |
Number of followers
| 1100000 | 222304 |
| Website | Website coinbase-consumer.sjv.io | Website poloniex.com |
|---|---|---|
| Twitter @coinbase | Twitter @poloniex | |
| Number of followers | Number of followers 1100000 | Number of followers 222304 |
Rating
| User rating | 13 user reviews | 11 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Coinbase user rating is 2.7, based on 13 user reviews. Poloniex user rating is 2.8, based on 11 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| 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 Poloniex. 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. Poloniex was founded in 2014 in USA.
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 Poloniex 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. Poloniex has a mobile app available for iOS and Android.
Coinbase has 8 languages available, including Portuguese, German, French, Spanish, Italian, Dutch, Turkish and Polish. Poloniex has 1 language available, which is English.