Coinbase Review

Coinbase

Founded 2012

Minafi Score

61 /100

Minafi Rating

8 /10

Usability Rating

8 /10

Cost Rating

6 /10

Trust Rating

5 /10

Retirement Score

0 /10

Company Age Score

5 /5

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Coinbase Alternatives

All comparisons:

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Coinbase

61

Minafi's Take

If you’re planning to speculate in Bitcoin in a brokerage account, Coinbase is Minafi’s recommended platform. Although you’ll still pay up to 4.5% per transaction in fees, you own and have full control of your cryptocurrencies.

Just The Facts

Here’s everything you want to know about Coinbase.

Who Manages Your Money?

Coinbase is categorized as a Self-Guided Account.

What Features Does Coinbase Offer?

Coinbase allows you to invest using at least 1 different account type, over at least 4 platforms.

How Much Does Coinbase Cost?

This assumes a 2% fee for all deposits.

Current Promotions

  • Get $10 in free Bitcoin by opening an account with $100.
  • Earn up to $40 by going through Coinbase tutorials.

Fees & Expenses View all fees

  • $0.99 trade fee for transactions $0-$10.
  • $1.49 trade fee for transactions $10-$25.
  • $1.99 trade fee for transactions $25-$50.
  • $2.99 trade fee for transactions $50-$200.
  • 0.50% fee for transactions above $200.
  • 1.49% trade fee for transactions from a US Bank Account.
  • 3.99% trade fee for transactions from a Debit Card.
  • Coinbase’s Fees are far higher than investing in the stock market.

How Do I Sign Up?

Open an Account

Pros

  • Access to Bitcoin, Ethereum, Litecoin, Dash, and dozens of other cryptocurrencies.
  • Most trustworthy and long-lasting Cryptocurrency exchange.
  • Provides tax documents for cryptocurrencies.
  • Allows transferring your cryptocurrencies to a private wallet.

Cons

  • Very high transaction fees compared to stock market investing.
  • Speculating in cryptocurrencies is dangerous, and can result in 100% loss due to hacked accounts or other attacks.

Coinbase Screenshots

We have 5 screenshots of Coinbase.

  • screenshot.title

    Coinbase Dashboard

  • screenshot.title

    Coinbase Watchlist

  • screenshot.title

    Coinbase Portfolio

View all 5 screenshots

Coinbase Alternatives

Here's a look at how Coinbase compares with it's closest competitors.

Coinbase

61

Open An Account
Ratings
Rating Type Rating
Minafi Rating 8 /10
Usability Score 8 /10
Cost Rating 6 /10
Trust Rating 5 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2012
Min Investment $0.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee

M1 Finance

98

Open An Account
Ratings
Rating Type Rating
Minafi Rating 10 /10
Usability Score 8 /10
Cost Rating 10 /10
Trust Rating 8 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2015
Min Investment $100.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee -

Betterment

87

Open An Account
Ratings
Rating Type Rating
Minafi Rating 9 /10
Usability Score 10 /10
Cost Rating 5 /10
Trust Rating 9 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2008
Min Investment $0.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee
Monthly Fee -
Options Fee -
Trade Fee -

Compare Coinbase with other platforms »

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Open an Account

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