Coinbase is one of the world’s biggest crypto exchanges and the largest in America.
Uphold is also a global platform for trading cryptocurrencies, just like Coinbase.
Overview: Coinbase vs.
Uphold
Coinbase is a global crypto exchange based in the United States.
Like Coinbase, Uphold is a platform for buying and selling cryptocurrencies.
Both businesses and individuals can create accounts and trade with zero commission.
Supported Assets
Coinbase is known to support many crypto assets.
It currently has over 200 tradable assets, including Bitcoin, Ethereum, and all the other major cryptocurrencies.
Coinbase is strictly a cryptocurrency exchange, so it does not support any other asset class.
However, it makes up for it by supporting other assets.
Apart from crypto, it also supports four precious metals: gold, silver, platinum, and palladium.
Well, Coinbase supports 106 countries on five continents.
On the other hand, Uphold supports users from 184 countries, spread across all continents.
This clearly shows that Uphold supports more countries.
Transaction Fees
Fees are a critical factor when deciding which exchange to use.
Coinbase has different fees for deposit, withdrawal, trading, and spread.
It also has no deposit or withdrawal fees.
Aside from the spread, connection fees also apply for every trade you engage in.
Coinbase is reputed as an easy exchange to use for newbies.
It has a very simple and intuitive layout that makes it easy for anyone to figure out and navigate.
Uphold is also designed for everyone, but it isn’t as simple as Coinbase.
This is understandable because it supports many asset classes, making its layout a bit more complex to navigate.
This makes it more prone to attacks than Coinbase’s wallet, which is separate.
