Coinbase vs SimpleSwap

How Coinbase vs SimpleSwap compare on our ratings, exchange specs, funding, pros and cons.

VS
Feature
Ratings
Our score3.7/54.1/5
User ratingNo reviews yetNo reviews yet
Fees3.03.0
Security & trust4.04.0
Asset selection4.55.0
Ease of use4.04.5
Support3.04.0
Specs
MarketsSpot, Futures, OptionsSpot
Coins listedNot disclosed2,800
Fiat deposit methodsNot disclosedCard
KYC requiredNot disclosed No
Accepts US customers YesNot disclosed
Staking / earn YesNot disclosed
Mobile appNot disclosed Yes
Security featuresTransfer protectionNon-custodial architecture, Direct wallet settlements
Futures & perpetuals Yes No
Copy tradingNot disclosed No
P2P marketNot disclosed No
Earn / savings products YesNot disclosed
Referral programNot disclosed Yes
Company
Founded20122018
HeadquartersUnited States—
InvestorsDraper Fisher Jurvetson, Union Square Ventures, New York Stock Exchange, USAA +6Not disclosed
Strengths and weaknesses
Pros
  • 405 listed coins and 514 trading pairs
  • Nasdaq-listed parent company since April 2021
  • Spot, futures, perpetuals and options access
  • Institutional custody and financing products
  • No account registration required for standard crypto-to-crypto swaps
  • Non-custodial model delivers converted assets directly to personal wallets
  • Extensive catalog covering more than 2,800 cryptocurrencies
  • Choice between fixed guaranteed rates and floating market rates
Cons
  • Centralized custody exposes users to exchange counterparty risk
  • Regional access and product availability vary by country
  • Derivatives and perpetuals can magnify trading losses
  • Staking rewards depend on supported assets and conditions
  • Built-in exchange spreads can exceed traditional spot order-book trading fees
  • Transactions flagged by automated AML risk scoring trigger sudden KYC holds
  • No order books, limit orders, futures, or margin trading
  • Fiat purchases rely on third-party processors with separate fees and verification
Best forUS crypto investors, Advanced spot traders, Institutional asset managersRegistration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

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.

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