Coinbase Vs Wazirx Exchange Made Easy
This post contains affiliate links. Please click here for our Affiliate Disclosure Page.
Choosing the Right Crypto Exchange
There are many cryptocurrency exchanges out there today with many different coins and features. It is important to find the one that is most suitable for you. Sometimes its better to narrow it down to a few platforms and take a closer look. Here we will examine Coinbase Vs Wazirx to help you find which is best.
Brian Armstrong and Fred Ehrsam founded Coinbase in 2012. Their mission was to make crypto easy to use. They are the most established Cryptocurrency exchange in the United States and one of the biggest in the world.
Nischal Shetty, Sameer Mhatre, and Siddharth Menon founded Wazirx in 2018. It is an Indian-based Cryptocurrency exchange company that has grown to one of the biggest in the world. Binance acquired Wazirx in 2019, which took it to the international stage.
What Is Coinbase?
Coinbase is a cryptocurrency exchange that offers nearly 100 cryptocurrencies available for trading. They have 89 million verified users, 11,000 institutions, and 185,000 ecosystem partners in over 100 countries.
Coinbase is the number one trusted Cryptocurrency exchange company in the United States and is widely used by crypto traders throughout the rest of the world. Its platform provides two different platforms based on the experience level of their traders.
Notable Features Of Coinbase
- Offers Nearly 100 Cryptocurrencies
- Multiple Trading Platforms (U.S. Dollars and Crypto-to-Crypto)
- Cryptocurrency Insurance
What Is Wazirx?
Wazirx is India’s largest Cryptocurrency exchange company that offers over 100 cryptocurrencies available for trading. They also offer a P2P Market with 8 cryptocurrencies that are tied to USD Tether (USDT). They offer state-of-the-art security across all five of their available platforms.
Wazirx created a token called WRX, which is rewarded to its user base for investing in the company. WRX tokens are used to determine what fees you pay, and you will be able to eventually trade them towards other cryptocurrencies.
Notable Features Of Wazirx
- Offers Over 100 Cryptocurrencies
- P2P Trading
- Fast Transaction Speeds
Coinbase and Wazirx Features
Coinbase Features List
- Multi-platform Support
- Learn and Earn Program
- Stake Rewards
- Assets Stored Offline
- Visa Debit Card Available
Wazirx Features List
- Multi-platform Support
- Smart Token Funds Program
- State-of-the-Art Security
- Super-Fast KYC
- 50% Referral Program
Coinbase and Wazirx Key Feature Comparison (Trading Platforms)
Coinbase and Wazirx both offer trading platforms across multiple platforms. On a basic level, they both show you the price, market changes, and provide the ability to trade many cryptocurrency types. The layout and functionality of both trading platforms are different, however.
Coinbase is available via the web or on iOS and Android app stores. Their trading platform shows you what the overall market is doing, which cryptocurrency was the top gainer, which cryptocurrency was the most traded, and easily visible key stats.
Wazirx is available via the web, iOS and Android app stores, Windows, and macOS. Their trading platform provides you with real-time trading history for specific cryptocurrencies, so you will always have up-to-date information on your investments. Wazirx’s trading platform also offers an easy-to-use widget for buying and selling.
Both trading platforms provide you with updated information on the cryptocurrency exchange across multiple platforms. You are also able to buy and sell quickly using the built-in widgets. No matter what platform you are using you will have an easy experience with both companies.
Coinbase Wazirx Key Feature Comparison (Price)
Coinbase and Wazirx both have fees associated with using their platform, plus the traditional taker/maker fees. Both Coinbase and Wazirx offer competitive fees compared to other cryptocurrency exchange companies. Coinbase’s fees can get a little complicated compared to Wazirx’s, so you must understand how they work before investing your money in them.
Here is the comparison of Coinbase fees vs Wazirx fees:
- Taker / Maker: Pricing Tier ranging from 0.00% to 0.50% based on the amount
- Trade Amount: Pricing Tier ranging from $0.99 to 2.99 based on the amount
- Minimum Trade: $2.00
- Taker / Maker: Flat Fee of 0.20%
- Trade Amount: Pricing Tier ranging from 0.1 % to 0.2% based on your WRX holdings
- Minimum Trade: 100 INR
Coinbase Wazirx Key Feature Comparison (Additional Programs)
Coinbase and Wazirx both offer programs that help you succeed as a cryptocurrency trader. Coinbase offers a Learn and Earn Program by offering courses that teach you how specific types of cryptocurrencies work. Wazirx offers a Smart Token Funds Program that allows you to trust your funds with experienced cryptocurrency traders.
The Learn and Earn provide courses that teach you how a specific cryptocurrency works. You will earn a small amount of that currency at no cost once you finish a course. For example, the Amp course teaches how to use the Flexa financial app to invest in collateral tokens. On completion of this course, you will earn $3 in Amp.
The Smart Token Funds Program (STFs) allows you to purchase smart tokens with USDT that are created by experienced crypto traders. The fund manager then trades on your behalf however he or she sees fit. It does not reveal the manager to you, but you can track his or her gains and losses. If you are unsure of where to start with cryptocurrencies, this may be a valuable tool for you to get started.
The Learn and Earn Program by Coinbase and the Smart Token Funds Program by Wazirx are additional programs offered to their customers. They aim to provide you with additional tools to be a successful cryptocurrency trader. Whether you want to learn more about how cryptocurrencies work or learn the ins and outs of trading, these are invaluable tools.
We personally recommend a few of our favorite trading platforms. You can sign up for them or see our other articles here:
Blockchain.com – This exchange has been around for some time. We have holdings on this exchange as well. Here is a free sign up link to help you get started. It is quick and easy. Get deeper insight with your Blockchain.com Review article.
Final Choice Between Coinbase and Wazirx
Coinbase is the number one choice for new and experienced crypto traders alike. They are the most established cryptocurrency exchange in the United States and one of the largest on the international stage. Coinbase offers nearly 100 cryptocurrencies for trading, multiple trading platforms, crypto insurance protection for peace of mind, and a learn and earn program.
Wazirx is an Indian-based crypto exchange company that offers nearly 100 cryptocurrencies for trading. They also offer P2P trading, extremely fast transaction speeds, multi-platform support, and the Smart Tokens Fund program. With the backing of Binance, they have become one of the top exchanges in the world.
Coinbase’s mission is to make crypto easy for everyone and they do just that. With all these amazing features it is easy to see why so many people trust Coinbase to be their cryptocurrency exchange of choice. You can sleep easy knowing they have your best financial interests at heart. What are you waiting for? Click here to get started with Coinbase today!
FAQ For Coinbase vs Wazirx
Here is some more important information to know about Coinbase vs Wazirx.
Which is better Coinbase or Wazirx?
Coinbase is the better cryptocurrency exchange platform.
Why is there a price difference between Coinbase and Wazirx?
Coinbase vs Wazirx charges are different because their fee schedules due to the different regulatory policies they follow in their respective countries.
Which crypto platform is the best?
When comparing Coinbase Vs Wazirx, you must look at the ease of use and the included features of both platforms. Coinbase offers a simple experience for those new to cryptocurrencies. They also offer a pro platform when you are ready to use advanced trading features.
Their Learn and Earn program rewards you with crypto for completing their training classes. These features make Coinbase the better Cryptocurrency exchange platform.