Coinmama vs Robinhood
Coinmama is a good international crypto exchange but has high fees and limited currencies. How does it compare to Robinhood? Read our comparison chart below.
Coinmama is a comparatively expensive, non-custodial cryptocurrency exchange that focuses on quick and easy purchases. Through their simple desktop site, they support debit and credit cards, as well as Apple and Google Pay.
While Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
Compare Coinmama with Robinhood, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Visit Site | |
Coinmama | Robinhood | |
---|---|---|
Buy and Sell Cryptocurrency Instantly - | Get a Free Stock (worth between $5 and $200) - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free ETFs | All U.S. listed ETFs | |
Phone Support | ||
Live Chat Support | Available 24/7 (requires sign in) | |
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Cryptocurrencies Supported | AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC | |
Penny Stocks | ||
Fiat Currencies Supported | ||
Digital Wallet | ||
Tax Loss Harvesting | ||
Transaction Fee | ||
Copy Trading | ||
Limit Orders | ||
Goal Tracker | ||
Automatic Deposits | ||
Crypto Loans | ||
Broker Assisted Trades | ||
Good For | ||
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Bank Account Purchase Fee | ||
Debit Card Purchase Fee | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Desktop App | ||
Wire Transfer Fee | Only available for orders over $50,000 | |
Anonymity | ||
Biometric Login | ||
Cold Storage | ||
Maximum Trading Amount | Level 1 Account: $15,000 / day; Level 2 Account: $50,000 / day; Level 3 Account: $1,000,000 | |
Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
Forex Trading | ||
Futures Trading | ||
Bond Trading | ||
CFD Trading | ||
Currency Trading | ||
Customer Service | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 (available 24/7) Email: support@robinhood.com | |
Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | ||
Virtual Trading | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Cryptocurrency Trading | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Safety | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mobile App | ||
Customer Service | ||
Pros & Cons | Pros:
| Pros:
|
Bottom Line | Good international crypto exchange but has high fees and limited currencies... | Free way to trade stocks with limited bells and whistles... |
Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Coinmama: Pricing information from published website as of 04/13/2021. Robinhood: Pricing information from published websites as of 04/18/2020. |
Buy and Sell Cryptocurrency
Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.
Which is Better: Coinmama or Robinhood?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Coinmama or Goldco.
In short: Robinhood's commissions and fees is impressive.