Is Pionex better than CoinBase?

Is Pionex better than CoinBase?


Pionex vs Coinbase

The below Pionex vs Coinbase table shows how Pionex and Coinbase differ with respect to trading fees, withdrawal fees, deposit methods, supported cryptos, trading types, user scores and more.

About Pionex
Pionex includes free trading bots. There is no need for prior knowledge in automated or crypto trading; activate their built-in trading bots to get started. This Pionex review will provide you with all the information about the key features and working of the trading bot. It is the world’s initial exchange to offer free, built-in crypto trading bots.
It is an automated crypto trading environment that has been one of Asia’s fastest-growing platforms. This article will go through how to utilize Pionex trading bots, what payment methods are available, and the pricing structure of the exchange.

Pionex Summary

Official Website
Available Payment OptionsCrypto Payments
Cloud BasedYes
Supported ExchangesN/A
Mobile Support Android and iOS
Plans and PricingTransaction Fees:
Lower Fees for VIP; Spot (Maker: 0.05%, Taker: 0.05%); Leveraged (Maker: 0.1%, Taker: 0.1%)
Withdrawal Fees:
Depends on Crypto & Network
Free TrialYes
Academy ProgramNo
Affiliate ProgramYes
Customer SupportLive Chat, Email, FAQs, Social Community Support
Pionex Review: Pros and Cons
 The site has 16 bots to try to form. This is a large variety in comparison to their competitors. The free and regular plans of Pionex offer fewer features than their competitors.
 One of the best Pionex pros is that they have shown continuous results and are highly reputed.
 They have a very attractive fee-sharing program that allows Pionex users to earn passive income and generate legit profits.

What Is Coinbase?

Coinbase is a fully regulated and licensed cryptocurrency exchange in 40 U.S. states & territories. Coinbase initially only allowed for Bitcoin trading but quickly began adding other cryptocurrencies that fit its decentralized criteria. Coinbase actually has two core products; a broker exchange and a professional trading platform named GDAX. However, the two can be used independently from one another. Today, Coinbase offers everything from cryptocurrency investing, an advanced trading platform to custodial Coinbase accounts for institutions, a wallet for retail investors, and own stable coin – USD Coin (USDC). Coinbase’s best crypto wallet is available in 190+ countries. Also, it has several thousands of employees around the world.

Coinbase reviews recognize it as one of the best-secured platforms for buying, selling, storing, and transferring coins and cryptos. Its mission is to offer an open financial system to its members and also to help to convert digital currency into local currency.

Features of Coinbase

Let’s discuss some of the platform’s features in our Coinbase review

  • Coinbase has a developer platform where it gives the developers a chance to build APIs that record historical price information and real-time data of Coinbase supported crypto.

  • The company has a commerce platform for businesses to use cryptocurrency for their products and services. By offering API documentation, these businesses can review and use Coinbase products for setting up an easy and safe system to accept cryptocurrency as a payment method. This enables Coinbase users to buy coins using crypto.

  • Many company reviews mention that Coinbase provides an intuitive platform that is easy to use. Comparing prices, checking balances, executing buy-sell orders are just a few clicks away.

  • The platform has been used as a starting point for traders to enter the cryptocurrency market. Traders can buy several cryptos like Bitcoin, Cash, Ether, Litecoin, and many more.

  • As mentioned in other reviews, Coinbase fees are a bit higher compared to other brokers, but these fees are worth paying for the services that are offered. These include fees for buying, exchanging, and network fees for withdrawals.

  • Coinbase mobile wallet allows traders to hold their crypto safely. It offers a seed phrase which permits the user to extract the keys of the cryptocurrencies in the wallet.

  • The prepaid Coinbase credit card is known as Coinbase card, which has an app available on Google play store and Apple app store. This helps the user to buy cryptocurrencies more efficiently. Traders can also request a visa card, which allows them to spend the cryptos that are held on the crypto exchange.

Pros and Cons of Coinbase

Let us review a few Coinbase pros and cons –

 The platform has an easy and simple to use interface Coinbase is not available in a few countries
 Coinbase accepts major cryptocurrencies and fiat currencies Compared to its competitors, Coinbase trading fees and exchange fees are a bit high
 The website offers an exclusive platform for advanced traders called Coinbase Pro User does not control wallet keys
 The mobile app has all the features of the desktop Those interested in altcoin trading won’t find as many as some other exchanges
 Very high liquidity
 It has a solid variety of altcoin choices