Interesting Facts About Coinbase vs. Robinhood Crypto Brokerage  - 2022

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
White Scribbled Underline

One advantage Robinhood has over Coinbase is the cost to buy cryptocurrencies.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

On Robinhood, it's free. You can buy and sell crypto as constantly as possible with no freights.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

Crypto brokerage is where cryptocurrency feels like a secondary consideration for Robinhood, despite Coinbase's chuckle and adoration.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

Coinbase and Robinhood are extremely popular among crypto users as they offer just the right number of features.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

Robinhood provides cryptocurrency trading that is too game-like and encourages volatility through

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

active trading rather than focusing on long-term investment growth.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

Coinbase sponsored all the cryptos that Robinhood sponsors (a total of 7 cryptos supported), excluding Dogecoin.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

Also, Bitcoin SV is obtainable on Robinhood but not on Coinbase.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

One debit of utilizing Robinhood is that coins can not be shared into or out of the Robinhood crypto exchange.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

Robinhood uses a controversial strategy called payment for order inflow.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

Which is its loftiest profit source. In this process, all crypto trades are brought to sales makers to execute the trade, who pay Robinhood a chance of the trade.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline

On the negative side, Coinbase charges a flat rate of 0.50 for transactions and 4 per trade, which is one of the highest rates for crypto exchanges.

Plus
Plus
Plus
Plus
Plus
Off-White Arrow
Heptagram
Heptagram
Heptagram
White Scribbled Underline