Before weighing up eToro vs Coinbase, it’s easy to forget that it’s never been easier to invest in cryptocurrency; Both have user-friendly platforms and while eToro is a social trading platform and multi-asset brokerage based in the UK, Coinbase is a crypto-based exchange in the US.
– User-friendly brokerage and social trading platform, featuring the ability to engage with other traders and the ability to purchase funds using PayPal (outside the US)– A beginner-friendly exchange with an easy-to-use interface allows you to withdraw money to PayPal.
For non-US customers, there is a $5 withdrawal fee, a $10 fee after one year of inactivity, and conversion fees for non-USD deposits.Trades cost 0.50%, credit card purchases cost 3.99%, Coinbase wallet or bank account purchases cost 1.49%, and wire transfers cost $10 to deposit and $25 to withdraw.
Most coins, including Bitcoin, have sent restrictions of $50,000/transaction and $200,000/day.The amount you can spend depends on your payment method and region. ACH transfers of up to $25,000 per day for customers in the United States.