Coinbase fees are charged as the greater of a tiered flat fee or variable fees. For example, you can expect to pay at least 1. It also uses paper backups and two-factor authentication to keep hackers at bay. Many exchanges offer hot wallets for account holders to use while trading.
While there are thousands of cryptocurrencies out there, most exchanges only support a selection of different coins on their platform. Outside of these attempts, Coinbase has been as secure of exchange as possible. Both Kraken and Coinbase have existed for a decade or so, thanks partly to their security practices.
Crypto exchanges are regularly compromised, but the two have maintained a stellar record except for a minor security incident affecting Coinbase users, reported in October Coinbase Advanced Trade starts by charging maker and taker fees of 0.
While Coinbase stands out with its user-friendly interface and expansive learning resources, Kraken shines with its robust trading tools and wide array of cryptocurrencies.
It starts at a fee of 0. ACH deposits are free, while it will cost 1. To talk with a Kraken Support Specialist on the phone, you first need to submit an email request.
