Compare Coinbase vs WazirX
In the world of digital money, selecting the right cryptocurrency exchange can be as complex as the crypto trading itself. Among the myriad choices, Coinbase and WazirX have risen to significant prominence. This article will delve into an informative comparison between the two reputed cryptocurrency platforms, Coinbase and WazirX, assessing significant features, benefits, and limitations that they offer their customers.
| 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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WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
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Founding Date
| 2012 | 2018 |
Country
| USA | India |
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 | The exchange does not disclose its location |
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% |
WazirX's fees are 0.20% for both takers and makers. |
| 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.
|
WazirX is an Indian-based centralized cryptocurrency exchange providing crypto-to-crypto pairs (BTC, USDT), as well as fiat trading opportunities (INR, the Indian Rupee). Among the developments of the company, there is a WazirX P2P engine for fast fiat-to-crypto conversion. The WazirX trading platform is compatible with Android, iOS, Mobile Web, Windows, macOS. The referral program works within the platform. U.S. customers are not allowed. KYC checks are applied to customers. Customer service is available through email and Telegram channels.
|
|---|---|---|
| Founding Date | Founding Date 2012 | Founding Date 2018 |
| Country | Country USA | Country India |
| 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 The exchange does not disclose its location |
| 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 WazirX's fees are 0.20% for both takers and makers. |
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.
WazirX trading volume is 430,019.0. The exchange has 130 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 | 430019 |
Pairs
| 78 | 130 |
Coins
| 29 | 73 |
Fiat trading
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 128979540 | Volume 430019 |
|---|---|---|
| Pairs | Pairs 78 | Pairs 130 |
| Coins | Coins 29 | Coins 73 |
| 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 | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| coinbase-consumer.sjv.io | wazirx.com |
| @coinbase | @WazirXIndia |
Number of followers
| 1100000 | 8791 |
| Website | Website coinbase-consumer.sjv.io | Website wazirx.com |
|---|---|---|
| Twitter @coinbase | Twitter @WazirXIndia | |
| Number of followers | Number of followers 1100000 | Number of followers 8791 |
Rating
| User rating | 13 user reviews | 3 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
In conclusion, both Coinbase and WazirX, as cryptocurrency platforms, serve different advantages to their users depending on their specific requirements. Where Coinbase offers a user-friendly platform, especially suited for beginners, with a more comprehensive range of cryptocurrencies, WazirX stands out for its trading features, lower fees, and compatibility with Indian currency. Ultimately, the choice between the two depends on your personal trading needs, individual risk tolerance, and the particular functions you value most in a cryptocurrency 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 WazirX. 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. WazirX was founded in 2018 in India.
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 WazirX 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. WazirX has a mobile app available for iOS and Android.
Coinbase has 8 languages available, including Portuguese, German, French, Spanish, Italian, Dutch, Turkish and Polish. WazirX has 1 language available, which is English.