Coinbase Wallet vs Coinify Comparison
Coinbase Wallet vs Coinify: A Comparative Review of Two Popular Crypto Wallets
Coinbase Wallet and Coinify are two of the most popular cryptocurrency wallets available to users. Both offer users the ability to store, send, and receive various cryptocurrencies, but they have different features and benefits. In this review, we will compare Coinbase Wallet and Coinify based on their features, security, fees, reputation, and ease of use.
Features
Coinbase Wallet is a mobile wallet application available for both iOS and Android devices. It supports many cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. The wallet allows users to send and receive cryptocurrencies, view transaction history, and manage their digital assets.
Coinify, on the other hand, is an online platform that allows users to buy, sell, and store cryptocurrencies. In addition to Bitcoin, Ethereum, and Litecoin, it supports other cryptocurrencies like Bitcoin Cash, Ripple, and more. Coinify also offers merchant services for businesses, allowing them to accept cryptocurrencies as payment for goods and services.
Security
Security is one of the most important aspects of any cryptocurrency wallet. Coinbase Wallet offers multiple layers of security, including two-factor authentication and a private key that is only accessible by the user. The wallet also uses biometric authentication on mobile devices, such as fingerprint recognition, to provide an extra layer of security.
Coinify also offers strong security measures, including two-factor authentication and SSL encryption to protect users' personal information and digital assets. The platform also uses multi-signature technology, which requires multiple keys to approve transactions, adding an additional layer of security.
Fees
Fees are an important consideration when choosing a cryptocurrency wallet. Coinbase Wallet is a free wallet, but users are responsible for paying transaction fees for sending and receiving cryptocurrencies. These fees can vary based on the size of the transaction and the current network congestion.
Coinify charges a fee for buying and selling cryptocurrencies. The fees vary based on the payment method and the type of cryptocurrency being bought or sold. The platform also charges a fee for withdrawing funds, which can be different depending on the payment method used.
Reputation
Both Coinbase Wallet and Coinify have strong reputations in the cryptocurrency community. Coinbase Wallet is owned by Coinbase, one of the largest and most reputable cryptocurrency exchanges in the world. The wallet has a high rating in both the Apple App Store and the Google Play Store, with many positive reviews praising its ease of use and security.
Coinify is also well-regarded in the cryptocurrency community, with many positive reviews praising its user interface and security measures. The platform is regulated by the Danish Financial Supervisory Authority, which provides an extra level of trust and security for users.
Ease of Use
Ease of use is an important consideration when choosing a cryptocurrency wallet, especially for new users. Coinbase Wallet has a simple and easy-to-use interface that is designed for mobile devices. The wallet allows users to easily send and receive cryptocurrencies, view transaction history, and manage their digital assets.
Coinify also has an intuitive user interface that is easy to navigate. The platform offers a variety of payment methods, making it easy for users to buy and sell cryptocurrencies. However, it does not offer a mobile app, which may be a disadvantage for users who prefer to manage their digital assets on-the-go.
Conclusion
In conclusion, both Coinbase Wallet and Coinify are excellent cryptocurrency wallets that offer users a range of features and benefits. Coinbase Wallet is a mobile wallet that offers strong security measures and an easy-to-use interface. It is a good choice for users who prefer to manage their digital assets on-the-go.
Coinify is an online platform that offers a variety of payment methods and strong security measures, making it a good choice for users who want to buy and sell cryptocurrencies. However, it does not offer a mobile app, which may be a disadvantage for some users.
When it comes to fees, Coinbase Wallet is free to use but charges transaction fees, while Coinify charges fees for buying and selling cryptocurrencies, as well as for withdrawing funds.
Both Coinbase Wallet and Coinify have strong reputations in the cryptocurrency community, with many positive reviews praising their security, ease of use, and overall user experience.
Ultimately, the choice between Coinbase Wallet and Coinify will depend on the user's specific needs and preferences. Coinbase Wallet is a better choice for users who want a mobile wallet with strong security measures, while Coinify is a better choice for users who want an online platform with a variety of payment methods.
In terms of cryptocurrency support, Coinbase Wallet supports a larger number of cryptocurrencies, while Coinify supports fewer but still popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Overall, both Coinbase Wallet and Coinify are reliable and trustworthy cryptocurrency wallets that offer users a variety of features and benefits. The choice between the two will depend on the individual user's needs and preferences, and both are worth considering for anyone looking for a safe and convenient way to store and manage their digital assets.
| Company | ||
|---|---|---|
| User rating | 7 user reviews | 9 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
About
|
Coinbase Wallet was launched by Coinbase exchange for secure operations with coins and tokens. To use Coinbase Wallet, you don’t need to have an account with Coinbase exchange.
|
Coinify is an open-source cryptocurrency wallet and asset browser application that is actively offering solutions in Europe, Asia, and other regions. Coinify supports such popular coins as BTC, ETH, as well as ERC-20 tokens and other cryptocurrencies.
|
Founding Date
| 2018 | 2014 |
Country
| USA | Denmark |
Languages
| English, Portuguese, German, French, Spanish, Italian, Dutch, Indonesian | English |
Wallet type
| Software wallet | Software wallet |
Storage type
| Hot wallet | Hot wallet |
Private keys
| Available | Available |
Available coins
| 181 - Bitcoin (BTC), Ethereum Classic (ETC), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), ICON (ICX), Bytom (BTM), Populous (PPT), Wanchain (WAN), Dogecoin (DOGE), DigixDAO (DGD), Waves (WAVES), Zilliqa (ZIL), RChain (RHOC), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), KuCoin Shares (KCS), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), Mithril (MITH), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), Matrix AI Network (MAN), POA Network (POA), GameCredits (GAME), Dent (DENT), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), NULS (NULS), Dynamic Trading Rights (DTR), Time New Bank (TNB), Aragon (ANT), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), SIRIN LABS Token (SRN), Dropil (DROP), Bluzelle (BLZ), SmartMesh (SMT), Genesis Vision (GVT), THETA (THETA), Credits (CS), Pillar (PLR), Paypex (PAYX), Gifto (GTO), BLOCKv (VEE), AirSwap (AST), DEW (DEW), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Scry.info (DDD), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SophiaTX (SPHTX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Ambrosus (AMB), Edgeless (EDG), EvenCoin (EVN), WePower (WPR), Pura (PURA), SpankChain (SPANK), CRYPTO20 (C20), Telcoin (TEL), Crypterium (CRPT), Oyster Pearl (PRL), MediShares (MDS), AppCoins (APPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Stellar (XLM), LKSCOIN, Polkadot (DOT), renBTC (RENBTC), NXM (NXM), Terra (LUNA), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), bitCNY (BITCNY), Hydro Protocol (HOT), Auctus (AUC), Loopring [NEO] (LRN), Compound Dai (CDAI), Compound SAI (CSAI), Compound USD Coin (CUSDC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound USDT (CUSDT), Compound Augur (CREP), XinFin Network (XDC), Crypto.com Coin (CRO), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Ocean Protocol (OCEAN), ABBC Coin (ABBC), Energy Web Token (EWT), Quant (QNT), ZB Token (ZB), SwissBorg (CHSB), DxChain Token (DX), The Midas Touch Gold (TMTG), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Kleros (PNK), Chiliz (CHZ), Uquid Coin (UQC), Ankr (ANKR), Velas (VLX), IRISnet (IRIS), Energi (NRG), Unibright (UBT), WAX (WAXP), Fantom (FTM), NAGA Coin | 12 - Bitcoin (BTC), Nano (NANO), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Litecoin (LTC), Stellar (XLM), Tether (USDT), Polkadot (DOT), Celsius (CEL) |
Security
| Third Party Encrypted | No data |
Anonymity
| Low | No data |
Ease of use
| Easy | No data |
Has attached card
| no | No data |
Has trading facilities
| yes | No data |
Has vouchers and offers
| No data | No data |
Features
| Multi-Signature, 2 Factor Authentication | No data |
| About |
Coinbase Wallet was launched by Coinbase exchange for secure operations with coins and tokens. To use Coinbase Wallet, you don’t need to have an account with Coinbase exchange.
|
Coinify is an open-source cryptocurrency wallet and asset browser application that is actively offering solutions in Europe, Asia, and other regions. Coinify supports such popular coins as BTC, ETH, as well as ERC-20 tokens and other cryptocurrencies.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2014 |
| Country | Country USA | Country Denmark |
| Languages | Languages English, Portuguese, German, French, Spanish, Italian, Dutch, Indonesian | Languages English |
| Wallet type | Wallet type Software wallet | Wallet type Software wallet |
| Storage type | Storage type Hot wallet | Storage type Hot wallet |
| Private keys | Private keys Available | Private keys Available |
| Available coins | Available coins 181 - Bitcoin (BTC), Ethereum Classic (ETC), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), ICON (ICX), Bytom (BTM), Populous (PPT), Wanchain (WAN), Dogecoin (DOGE), DigixDAO (DGD), Waves (WAVES), Zilliqa (ZIL), RChain (RHOC), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Aion (AION), Golem (GNT), IOST (IOST), KuCoin Shares (KCS), Waltonchain (WTC), aelf (ELF), Centrality (CENNZ), Dragonchain (DRGN), Substratum (SUB), QASH (QASH), Veritaseum (VERI), Mithril (MITH), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nebulas (NAS), Nucleus Vision (NCASH), Revain (REV), WAX (WAX), SALT (SALT), Power Ledger (POWR), Storm (STORM), Mixin (XIN), Enigma (ENG), Storj (STORJ), TenX (PAY), Cindicator (CND), Dentacoin (DCN), Civic (CVC), Iconomi (ICN), SingularityNET (AGI), Matrix AI Network (MAN), POA Network (POA), GameCredits (GAME), Dent (DENT), Quantstamp (QSP), Gnosis (GNO), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Cube (CUBEAUTO), Po.et (POE), Genaro Network (GNX), Loom Network (LOOM), NULS (NULS), Dynamic Trading Rights (DTR), Time New Bank (TNB), Aragon (ANT), Enjin Coin (ENJ), High Performance Blockchain (HPB), Raiden Network Token (RDN), Metal (MTL), Santiment Network Token (SAN), Pundi X (NPXS), SIRIN LABS Token (SRN), Dropil (DROP), Bluzelle (BLZ), SmartMesh (SMT), Genesis Vision (GVT), THETA (THETA), Credits (CS), Pillar (PLR), Paypex (PAYX), Gifto (GTO), BLOCKv (VEE), AirSwap (AST), DEW (DEW), Bibox Token (BIX), OST (OST), ETHLend (LEND), IoT Chain (ITC), DATA (DTA), Scry.info (DDD), Ruff (RUFF), Ripio Credit Network (RCN), SONM (SNM), Quantum Resistant Ledger (QRL), AdEx (ADX), SophiaTX (SPHTX), SingularDTV (SNGLS), Eidoo (EDO), UTRUST (UTK), Ambrosus (AMB), Edgeless (EDG), EvenCoin (EVN), WePower (WPR), Pura (PURA), SpankChain (SPANK), CRYPTO20 (C20), Telcoin (TEL), Crypterium (CRPT), Oyster Pearl (PRL), MediShares (MDS), AppCoins (APPC), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Stellar (XLM), LKSCOIN, Polkadot (DOT), renBTC (RENBTC), NXM (NXM), Terra (LUNA), Ampleforth (AMPL), xDai (STAKE), Nectar (NEC), sUSD (SUSD), Zap (ZAP), Monolith (TKN), Metronome (MET), YAM v1 (YAM), bitCNY (BITCNY), Hydro Protocol (HOT), Auctus (AUC), Loopring [NEO] (LRN), Compound Dai (CDAI), Compound SAI (CSAI), Compound USD Coin (CUSDC), pTokens BTC (PBTC), Compound Ether (CETH), PieDAO BTC++ (BTC++), Compound Basic Attention Token (CBAT), Compound 0x (CZRX), Compound Wrapped BTC (CWBTC), Compound USDT (CUSDT), Compound Augur (CREP), XinFin Network (XDC), Crypto.com Coin (CRO), UNUS SED LEO (LEO), Huobi Token (HT), Binance USD (BUSD), Celsius (CEL), Algorand (ALGO), OKB (OKB), TrueUSD (TUSD), HUSD (HUSD), Ocean Protocol (OCEAN), ABBC Coin (ABBC), Energy Web Token (EWT), Quant (QNT), ZB Token (ZB), SwissBorg (CHSB), DxChain Token (DX), The Midas Touch Gold (TMTG), IoTeX (IOTX), RSK Infrastructure Framework (RIF), TomoChain (TOMO), Kleros (PNK), Chiliz (CHZ), Uquid Coin (UQC), Ankr (ANKR), Velas (VLX), IRISnet (IRIS), Energi (NRG), Unibright (UBT), WAX (WAXP), Fantom (FTM), NAGA Coin | Available coins 12 - Bitcoin (BTC), Nano (NANO), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Litecoin (LTC), Stellar (XLM), Tether (USDT), Polkadot (DOT), Celsius (CEL) |
| Security | Security Third Party Encrypted | Security No data |
| Anonymity | Anonymity Low | Anonymity No data |
| Ease of use | Ease of use Easy | Ease of use No data |
| Has attached card | Has attached card no | Has attached card No data |
| Has trading facilities | Has trading facilities yes | Has trading facilities No data |
| Has vouchers and offers | Has vouchers and offers No data | Has vouchers and offers No data |
| Features | Features Multi-Signature, 2 Factor Authentication | Features No data |
Social
Website
| coinbase-consumer.sjv.io | coinify.com |
| @CoinbaseWallet | @coinify |
| Website | Website coinbase-consumer.sjv.io | Website coinify.com |
|---|---|---|
| Twitter @CoinbaseWallet | Twitter @coinify |
Advantages
| - Availability of a wide range of assets - Support of fiat currencies | - Free to use - Support the popular cryptocurrencies - Option to buy crypto for fiat - Open-source - Own application - Users can create more than one wallet for different types of currency |
Disadvantages
| - User anonymity is not ensured | - No synchronization with Blockchain - No multi-signature - Mandatory verification |
Rating
| User rating | User rating 7 user reviews | User rating 9 user reviews |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages - Availability of a wide range of assets - Support of fiat currencies | Advantages - Free to use - Support the popular cryptocurrencies - Option to buy crypto for fiat - Open-source - Own application - Users can create more than one wallet for different types of currency |
| Disadvantages | Disadvantages - User anonymity is not ensured | Disadvantages - No synchronization with Blockchain - No multi-signature - Mandatory verification |
Coinbase Wallet user rating is 3.1, based on 7 user reviews. Coinify user rating is 1.9, based on 9 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
| 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? |
Coinbase Wallet vs Coinify: A Comparative Review of Two Popular Crypto Wallets
Coinbase Wallet and Coinify are two of the most popular cryptocurrency wallets available to users. Both offer users the ability to store, send, and receive various cryptocurrencies, but they have different features and benefits. In this review, we will compare Coinbase Wallet and Coinify based on their features, security, fees, reputation, and ease of use.
Features
Coinbase Wallet is a mobile wallet application available for both iOS and Android devices. It supports many cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. The wallet allows users to send and receive cryptocurrencies, view transaction history, and manage their digital assets.
Coinify, on the other hand, is an online platform that allows users to buy, sell, and store cryptocurrencies. In addition to Bitcoin, Ethereum, and Litecoin, it supports other cryptocurrencies like Bitcoin Cash, Ripple, and more. Coinify also offers merchant services for businesses, allowing them to accept cryptocurrencies as payment for goods and services.
Security
Security is one of the most important aspects of any cryptocurrency wallet. Coinbase Wallet offers multiple layers of security, including two-factor authentication and a private key that is only accessible by the user. The wallet also uses biometric authentication on mobile devices, such as fingerprint recognition, to provide an extra layer of security.
Coinify also offers strong security measures, including two-factor authentication and SSL encryption to protect users' personal information and digital assets. The platform also uses multi-signature technology, which requires multiple keys to approve transactions, adding an additional layer of security.
Fees
Fees are an important consideration when choosing a cryptocurrency wallet. Coinbase Wallet is a free wallet, but users are responsible for paying transaction fees for sending and receiving cryptocurrencies. These fees can vary based on the size of the transaction and the current network congestion.
Coinify charges a fee for buying and selling cryptocurrencies. The fees vary based on the payment method and the type of cryptocurrency being bought or sold. The platform also charges a fee for withdrawing funds, which can be different depending on the payment method used.
Reputation
Both Coinbase Wallet and Coinify have strong reputations in the cryptocurrency community. Coinbase Wallet is owned by Coinbase, one of the largest and most reputable cryptocurrency exchanges in the world. The wallet has a high rating in both the Apple App Store and the Google Play Store, with many positive reviews praising its ease of use and security.
Coinify is also well-regarded in the cryptocurrency community, with many positive reviews praising its user interface and security measures. The platform is regulated by the Danish Financial Supervisory Authority, which provides an extra level of trust and security for users.
Ease of Use
Ease of use is an important consideration when choosing a cryptocurrency wallet, especially for new users. Coinbase Wallet has a simple and easy-to-use interface that is designed for mobile devices. The wallet allows users to easily send and receive cryptocurrencies, view transaction history, and manage their digital assets.
Coinify also has an intuitive user interface that is easy to navigate. The platform offers a variety of payment methods, making it easy for users to buy and sell cryptocurrencies. However, it does not offer a mobile app, which may be a disadvantage for users who prefer to manage their digital assets on-the-go.
Conclusion
In conclusion, both Coinbase Wallet and Coinify are excellent cryptocurrency wallets that offer users a range of features and benefits. Coinbase Wallet is a mobile wallet that offers strong security measures and an easy-to-use interface. It is a good choice for users who prefer to manage their digital assets on-the-go.
Coinify is an online platform that offers a variety of payment methods and strong security measures, making it a good choice for users who want to buy and sell cryptocurrencies. However, it does not offer a mobile app, which may be a disadvantage for some users.
When it comes to fees, Coinbase Wallet is free to use but charges transaction fees, while Coinify charges fees for buying and selling cryptocurrencies, as well as for withdrawing funds.
Both Coinbase Wallet and Coinify have strong reputations in the cryptocurrency community, with many positive reviews praising their security, ease of use, and overall user experience.
Ultimately, the choice between Coinbase Wallet and Coinify will depend on the user's specific needs and preferences. Coinbase Wallet is a better choice for users who want a mobile wallet with strong security measures, while Coinify is a better choice for users who want an online platform with a variety of payment methods.
In terms of cryptocurrency support, Coinbase Wallet supports a larger number of cryptocurrencies, while Coinify supports fewer but still popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Overall, both Coinbase Wallet and Coinify are reliable and trustworthy cryptocurrency wallets that offer users a variety of features and benefits. The choice between the two will depend on the individual user's needs and preferences, and both are worth considering for anyone looking for a safe and convenient way to store and manage their digital assets.