You do, however, pay the spread between the buy and sell prices Robinhood does not divulge what that cost is.Ĭoinbase has a rather complex fee structure. Robinhood offers a no-commission fee structure for cryptocurrency purchases. When you compare the Robinhood to Coinbase fee structures, Robinhood seems, at first glance, to have the simplest and cheapest fee structure. That changes in October 2021 when Robinhood starts testing wallets in its application.Ī Robinhood-like person walking through the woods Even though Robinhood is strong in many areas, it has not offered a hosted wallet while Coinbase does. It may be better for beginners in cryptocurrency investing. It does not offer fixed income investments. Robinhood is an online brokerage that offers equity investments, ETFs and options along with cryptocurrencies. If you are looking for analytical tools and technical trading applications, Coinbase is for you. It offers a wide array of cryptocurrency investments, many payment options and advanced trader applications.

Consider working with a financial advisor as you explore the ways cryptocurrencies could enhance your investment portfolio.Ĭoinbase is the leading U.S.-based cryptocurrency exchange. When comparing Coinbase and Robinhood for crypto, we consider their fees, selection of cryptocurrencies, platform capabilities and uses to determine which service is best for cryptocurrency investing and trading. Both have simple applications that are user-friendly for beginners.

Man checking his mobile for cryptocurrency informationĬoinbase, a leading cryptocurrency exchange, and Robinhood, a popular and innovative trading platform, are often compared to try to determine which is the best service for trading and investing in cryptocurrency.

Coinbase app fees