In this article, we set up a Coinbase vs Etoro comparison and show you which provider suits you better. While Coinbase is a pure trading platform for crypto currency, offers Etoro in addition, the trading of ETFs and stocks.
Coinbase vs Etoro - Coinbase
On Coinbase you can trade with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The Purchase or Sale of shares or ETFs is not supported.
The company was founded in 2011 in San Francisco, and maintains headquarters there. In total, Coinbase has more than 13 million users from 32 countries.
Coinbase wants to be particularly user-friendly and secure. Especially in the case of Cryptocurrency, these two aspects are not Mature on other platforms, of course...
Since Coinbase has extremely high liquidity, you can expect that payouts take place safely and quickly.
So far there have been on Coinbase still no Hack. As a result, the trading platform is one of the few, whichstill no crypto-currency was stolen.
If you want to trade only with the crypto-currency, should they choose Coinbase. The fees of the platform are higher than that of the other provider, for that you can get at Coinbase but also safety and user-friendliness.
Coinbase vs Etoro - Etoro
Etoro is not only a trading platform for stocks, ETFs and crypto-currency, but at the same time also a social network. As you can observe, for example, what other successful traders do.
Etoro was founded in 2006 and has offices in Israel, England and Cyprus. The company is regulated by a European Supervisory authority.
The platform offers not only trading crypto-currency. Also, ETFs and individual stocks you can buy here. So Etoro has a much larger range of Investments than Coinbase.
The unique feature of Etoro is the social network. This way, you can just buy and sell strategies of other traders to copy and follow. How to be a success, however, remains questionable.
On Etoro, you can trade with Bitcoin, Bitcoin, Cash, Dash, Ethereum, Litecoin, Ripple and Ethereum Classic. This Etoro offers a larger selection than Coinbase.
If you want to trade cryptocurrency with other securities, such as shares or ETFs, you should try Etoro in each case.