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Coinbase Prime vs Tangany

How Coinbase Prime vs Tangany compare on our ratings, custodian specs, funding, pros and cons.

Coinbase Prime4.1/5
VS
Tangany3.7/5
Feature
Coinbase PrimeVisit
TanganyVisit
Ratings
Our score4.1/53.7/5
User ratingNo reviews yetNo reviews yet
Security4.03.5
Compliance4.04.0
Asset support4.04.0
Features4.53.5
Support4.03.5
Specs
KYC requiredNot disclosed Yes
Custody modelNot disclosedQualified custodian, MPC, HSM
ClientsNot disclosedInstitutions, Funds, Corporates, Retail
Regulated Yes Yes
SOC 2 report YesNot disclosed
InsuranceUp to $320M commercial crime policy (insurer syndicate), shared by all Coinbase customersNot disclosed
Assets supportedNot disclosed250
Staking Yes Yes
API access Yes Yes
Licenses & chartersNYDFS limited purpose trust charter (US), NYDFS BitLicense (US), CSSF MiCA CASP authorization (Luxembourg)BaFin MiCA CASP authorization (Germany), BaFin qualified crypto custody license (Germany), BaFin PSD2 payment services license (Germany)
MPCNot disclosed Yes
Cold storage YesNot disclosed
Qualified custodian Yes Yes
Company
Founded2012—
HeadquartersUnited StatesGermany
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Custody at a NYDFS-chartered trust company that acts as a fiduciary under New York Banking Law
  • SOC 1 Type 2 and SOC 2 Type 2 reports cover private key management controls
  • Coinbase generally keeps no more than 2% of custodied assets in hot wallets
  • REST, FIX and WebSocket APIs with TWAP and VWAP order types
  • MiCA CASP authorization from BaFin since August 8, 2025, passported to every other EEA country
  • Crypto custody license under the German Banking Act held since October 2021
  • Keys protected with HSM and MPC, backed by ISO 27001:2022 certification
  • API-first platform with off-chain settlement and a sandbox on request
Cons
  • The $320 million crime policy is shared by every Coinbase customer
  • $50 million NYDFS penalty in 2023 over anti-money laundering and KYC failures
  • The May 2025 data theft incident led to $311.2 million in cash payments
  • The OCC charter for Coinbase National Trust Company was a conditional approval in April 2026
  • No SOC 1 or SOC 2 report cited; ISO 27001:2022 is the listed certification
  • No cold storage tier described; keys sit in a cloud-hosted HSM and MPC setup
  • The FAQ says no fixed insurance limit can be guaranteed per customer
Best forHedge funds that want custody and execution in one account, ETF sponsors and asset managers that need a New York trust company as custodian, Trading desks that route orders over FIXBanks and brokers in the EEA adding white-label crypto custody, Neobrokers and fintechs that integrate custody through an API, Stablecoin issuers and tokenization projects needing a MiCA-authorized custodian

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.