Coinbase and Robinhood are two of the most well-liked platforms used for cryptocurrency buying and selling, which is best for you? The reply relies on your wants, particularly the quantity of crypto transactions you propose and the associated fee you’re prepared to pay.
Coinbase and Robinhood can attraction to many various kinds of merchants, however there may be vital overlap.
Coinbase is a cryptocurrency change focusing on merchants who’re immersed on the earth of digital forex.
- In distinction, Robinhood is a buying and selling app that enables customers to purchase and promote shares, ETFs, choices and a number of other sorts of crypto at no out-of-pocket prices.
Here is how Coinbase and Robinhood differ alongside a number of different essential dimensions:
Coinbase vs. Robinhood
| Options | Coinbase | Robin Hood | benefit |
|---|---|---|---|
| Charge | It may be costly on customary platforms | It is slightly cheaper, however it relies on what you are buying and selling | Robin Hood |
| Deposit Charge | ACH: Freewire: $10 | Free (relies on community and gasoline fee actions) | Robin Hood |
| Withdrawal payment | ACH: FreeWire: $25 | Free (relies on community and gasoline fee actions) | Robin Hood |
| Out there ciphers | ~240 | 28 | Coinbase |
| Supervision | Customers can take custody with their very own pockets, however present their very own pockets | Robinhood Pockets, Unbiased App | Coinbase |
| I wager the reward | Ethereum, Cardano, Solana, and many others. | Solana and Ethereum | Coinbase |
| Securities offered | Crypto | Cryptocurrency, Shares, Choices, ETFs | Robin Hood |
| Buyer Assist | Telephone, stay chat, e-mail | 24/7 Telephone and Reside Chat | Robin Hood |
| Ease of use | Designed for straightforward, crypto buying and selling | Not really easy, designed for inventory buying and selling | Coinbase |
Coinbase vs. Robinhood: Costs
Coinbase and Robinhood’s price buildings are considerably completely different and it is not an issue for Coinbase to blur lots of the payment buildings from potential prospects (although they disclose them simply earlier than they really make a transaction). That stated, Robinhood is not in any respect straightforward to do with the way it makes cash both.
Robinhood crypto buying and selling charges
The Robinhood’s pricing construction is easy in comparison with Coinbase’s. To match the “no committee” mannequin of dealer stock and choices, you’ll not pay instantly out of your pocket to purchase and promote crypto.
Nonetheless, you’ll pay for sure merchandise corresponding to:
- Sensible Change Routingroutinely ship crypto transactions to a number of exchanges for the perfect worth/execution.
- Additionally, you will pay community and gasoline charges. Within the case of cryptographic transfers, nonetheless, the quantities that can be utilized to buy shares, choices, futures, or crypto utilizing Robinhood’s buying energy are free.
- There may be additionally Robinhood Join – The opt-in function permits you to use your Robinhood account to change and switch ciphers on to your unbiased pockets and decentralized apps. Debit playing cards or financial institution transfers cost as much as 1.5%. Join is free in case you are utilizing Robinhood’s buying energy.
Beneath is a abstract of the Robinhood pricing above.
| class | Worth particulars |
|---|---|
| Cryptocurrency buying and selling | |
| Market Maker Routing | There isn’t any fee |
| Sensible Change Routing | 0.85% (Robinhood) plus 0.02% (companion), 0.01 min |
| Cryptographic switch | $0 (community and gasoline charges differ relying on exercise) |
| Robinhood Join | |
| Debit card cost | 0.0%-1.5% |
| Checking account switch | 0.0%-1.5% |
| Robinhood’s buying energy | $0 |
Coinbase crypto buying and selling charges
To say the least, Coinbase’s pricing construction is complicated. Along with charging completely different charges based mostly on the quantity of buy, there’s additionally a primary service tier and a sophisticated tier known as Coinbase Superior, every with a unique payment. There may be additionally Coinbase One. It’s a subscription service that enables customers to commerce as much as $10,000 per thirty days at no cost. Coinbase seems to be obscure the charges for primary providers, making it tough for purchasers to see how a lot their prospects are paying. (Spoiler alert: If you buy a small quantity of cipher on the base layer, the worth is larger.)
Coinbase Superior Transaction Charges
Coinbase will not be very clear in regards to the pricing for Fundamental Mode, however it provides a sophisticated buying and selling mode pricing construction. When you select to make use of Coinbase Superior (simply change the button on the backside left of the house display), you’ll be able to nonetheless earn the general payment, even in case you are buying and selling at a cheaper price. Superior Mode doesn’t price you to make use of for merchants.
Coinbase Superior makes use of a producer and taker pricing construction. This relies on whether or not the market provides liquidity (the committee acquires liquidity from 0-0.4% of the commerce worth) or whether or not the committee acquires liquidity from the market (the committee ranges from 0.05-0.6%).
Costs are as follows:
| 30-day quantity | Producer | Taker |
|---|---|---|
| Beneath $10,000 | 0.40% | 0.60% |
| $10,000 – $50,000 | 0.25% | 0.40% |
| $50,000 – $100,000 | 0.15% | 0.25% |
| $100,000 – $1 million | 0.10% | 0.20% |
| $1 million – $15 million | 0.08% | 0.18% |
| $15 million – $75 million | 0.06% | 0.16% |
| $75 million – $250 million | 0.03% | 0.12% |
| $250 million – $400 million | 0% | 0.08% |
| Over $400 million | 0% | 0.05% |
Coinbase Funding Charges
| cost technique | fee |
|---|---|
| it hurts | free |
| Wire (USD) | $10 deposit payment; $25 withdrawal payment |
Benefits: Because of the simplicity of Robinhood, its payment construction and the undelegated mannequin.
Coinbase vs. Robinhood: Cash out there for buying and selling
Coinbase helps buying and selling in over 240 completely different cryptocurrencies, together with huge names corresponding to Bitcoin, Ethereum, Cardano, Solana, and Dogecoin. So that you usually tend to discover what you’re on the lookout for. Actually, Coinbase would not provide 1000’s of different a lot smaller digital currencies, however that is not essential for most individuals apart from area of interest merchants.
In distinction, Robinhood limits customers to twenty-eight digital currencies: Aave, Avalanche, Bitcoin, Bitcoin Money, Chainlink, Compound, Dogecoin, Ethereum, Ethereum Traditional, Litecoin, Shiba Inu, Stellar Lumens, Tezos, Uniswap, and extra. Nonetheless, the app will enable merchants to entry these crypto and different real-time information.
Benefit: Coinbase, a wider vary of accessible cash.
Coinbase vs. Robinhood: Cryptocurrency Custody
If you wish to deal with your cryptocurrency your self, Coinbase might be your finest wager. Change provides its personal pockets, however you may as well take custody of your belongings your self via your personal pockets. So, whether or not you are on the lookout for a {hardware} or software program pockets or wish to hold Coinbase in your transaction, you’ll be able to select the answer that most accurately fits your wants.
Robinhood provides Robinhood Pockets as an app separate from the Core Robinhood platform. This app is an unbiased pockets that acts as a portal for storing and managing cryptography on networks corresponding to Ethereum and Bitcoin.
Benefit: Coinbase has an edge to supply extra choices, but when you are going to commerce in uncommon circumstances, this is not essential.
Coinbase vs. Robinhood: Staking Rewards
Coinbase and Robinhood are additionally very completely different on the subject of cryptocurrency staking. That is the method by which cryptocurrency house owners earn earnings from their holdings. Staking is like incomes curiosity on a checking account, however there are vital variations and dangers.
Coinbase permits customers to wager crypto belongings after which use it to confirm the transaction of the blockchain for a given forex. Presently, purchasers can earn staking rewards with eight crypto cash, together with Ethereum, Solana, and Cardano. Coinbase handles behind the scenes technical particulars and earns further cash to maintain your belongings alive.
Robinhood will merely dye Solana and Ethereum as of June 2025.
Benefit: Coinbase, staking rewards with extra cash.
Coinbase vs. Robinhood: Sorts of securities supplied
All Coinbase is encrypted relating to the sorts of securities supplied. When you want one thing else, corresponding to shares, ETFs, choices, and many others., you may want to search out it elsewhere.
In distinction, Robinhood provides a variety of securities, together with shares, choices, ETFs and cryptocurrencies, however not bonds or mutual funds. Nonetheless, the app will get caught up in what provides many merchants. Due to this fact, even a shallow code pool can attraction to a variety of viewers.
Benefit: Robin Hood, about its wide selection of merchandise.
Authorized stumbling
The businesses have confronted scrutiny from regulators in recent times. The Securities and Change Fee (SEC) sued Coinbase in June 2023, claiming that along with offering and promoting unregistered securities, it was illegally operated as an change, broker-dealer and clearing establishment. The SEC dismissed the lawsuit in February 2025.
In 2020, Robinhood agreed to pay $65 million to resolve the SEC declare that it misunderstood the client over the funds it obtained from the buying and selling firm to ship the client’s order. The SEC has discovered that prospects obtained inferior commerce costs, which price $34.1 million, even after contemplating the charges saved from the dearth of charges. Robinhood didn’t acknowledge or deny the SEC findings.
Conclusion
Which platform is best for you’ll finally rely in your wants, however it’s truthful to say that merchants searching for completely different crypto would make Coinbase higher match. Then again, these excited by some widespread crypto cash as a part of their broader portfolio might favor Robin Hood. You may also wish to try our rival Webull.
– Financial institution Charge Logan Jacoby I contributed to updating this text.
Editorial Disclaimer: All traders are suggested to conduct their very own unbiased analysis into funding methods earlier than investing determination. Moreover, traders suggest that previous funding merchandise efficiency just isn’t a assure of future worth will increase.