Nexo vs Coinbase
Nexo is a safe way to earn interest on crypto assets. How does it compare to Coinbase? Read our comparison chart below.
Nexo is a crypto banking platform offering high interest rates on a variety of cryptocurrencies and stablecoins along with crypto-backed loans. Users can earn interest on EUR, GBP, and USD. They also have a limited exchange.
While Coinbase is a large, beginner-friendly crypto exchange with relatively high fees. Through their easy-to-use app they offer a range of features including staking, educational rewards, and limited crypto-backed loans.
Compare Nexo with Coinbase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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 |  | |
Nexo | Coinbase | |
|---|---|---|
Unlock the Power of Your Crypto - | Earn $5 in bitcoin on your first trade on Coinbase - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| Cryptocurrencies Supported | BTC, ETH, LTC, XRP, EOS, XLM, BCH, USDT, USDC, USDP, TUSD, DAI, USDX, EURX, GBPX, DOT, BNB, LINK, TRX, PAX Gold, ADA, SOL, DOGE, AVAX, AXS, MATIC, LUNA | |
| Countries Supported | Worldwide, except: Bulgaria, The Central African Republic, Cuba, Estonia, Iran, the US state of New York, the US state of Vermont, North Korea, and Syria. | |
| Fiat Currencies Supported | ||
| Digital Wallet | ||
| Transaction Fee | Greater of Minimum Flat Fees or Variable Fees (1.49%+) by Location and Payment Method. Minimum Flat Fees:
| |
| Copy Trading | ||
| Limit Orders | ||
| Margin Trading | ||
| Spread | ||
| Interest Accounts | Up to 20% APR (Not Available in US) | |
| Crypto Loans | ||
| Bitcoin (BTC) Interest Rates | ||
| Ethereum (ETH) Interest Rates | ||
| Bank Account Purchase Fee | ||
| Litecoin (LTC) Interest Rates | ||
| Debit Card Purchase Fee | ||
| Tether (USDT) Interest Rates | ||
| Wallet Purchase Fee | ||
| Credit Transaction Fee | ||
| USD Coin (USDC) Interest Rates | ||
| Mobile App | ||
| ACH Transfer Fee | ||
| Wire Transfer Fee | ||
| Crypto Conversion Fee | ||
| SEPA Bank Transfer Fee | ||
| Withdrawal Fee | Gas fees on crypto-withdrawals change over time | |
| Other Fees | 2% origination fee on crypto-backed loans | Instant Card Withdrawal: up to 1.5% + minimum fee of $0.55 |
| Address Allowlisting | ||
| Anonymity | ||
| Biometric Login | ||
| Cold Storage | ||
| Maximum Trading Amount | $100,000 USD per transaction with no transaction limit per day | |
| Two-Factor Authentication | ||
| Withdrawal Limit | Free withdrawals depend on loyalty tier: Basic: 1 per month Silver: 2 per month Gold: 3 per month Platinum: 5 per month | |
| Stake Crypto | ||
CreditDonkey® Reviews | ||
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| Interest Accounts |  |  |
| Commissions and Fees | |  |
| Safety | | |
| Cryptocurrency Trading | | |
| Crypto Loans | | |
| Mobile App | | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Safe way to earn interest on crypto assets... | Good beginner-friendly exchange with relatively high fees... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Nexo: Pricing information from published website as of 01/26/2022. Nexo Earn Interest is not available in the United States. Coinbase: Pricing information from published website as of 04/13/2021. | ||
Which is Better: Nexo or Coinbase?
Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Nexo or eToro.
In short: Nexo's interest accounts and commissions and fees are impressive.
Articles on Nexo
Nexo Review
Articles on Coinbase
Coinbase Review
Coinbase Alternatives
Coinbase vs Robinhood
Which Do You Think is Best?
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