| Website |
https://www.coinbase.com |
https://wealthfront.com |
| 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.
|
- Extremely easy to use to start investing.
- Automatic tax-loss harvesting.
- Cash account option.
|
| 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.
|
- No fractional ETF shares.
- Asset allocation is based on age rather than estimated retirement age.
- 0.25% account management fee can add up for larger accounts.
|
| Promotions |
- Get $10 in free Bitcoin by opening an account with $100.
- Earn up to $40 by going through Coinbase tutorials.
|
- Get $5,000 in your Investment Account managed for free.
|
| 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.
|
- 0.25% Advisor Fee
- 0.095% average expense ratio for ETFs
- 0.35% average total fee
|