Coinbase vs Robinhood

New
lkboie

New

lkboie
Nov 18, 2021 9 Comments

Why would anyone buy cryptos on Coinbase? They charge a fees and a markup on the price WTH. RH does not seem to charge fees or markup.

#investments #crypto #bitcoin #coinbase #robinhood

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TOP 9 Comments
  • Microsoft
    honest๐Ÿฅœ

    Go to company page Microsoft

    honest๐Ÿฅœ
    Robinhood much better UI + no fee all in one trading platform.
    Nov 18, 2021 0
  • Robinhood ftw once we get wallets
    Nov 18, 2021 0
  • Nutanix
    KWdC87

    Go to company page Nutanix

    KWdC87
    Two reasons:
    1. You dont own your crypto with RH. As in, there is no way you can transfer it to your wallet.
    2. No commission comes at a cost. Essentially, your order would not be given the highest priority and as such the actual transaction might not happen even if the prices crosses your range
    Nov 18, 2021 0
  • Robinhood supports like a handful of coins. Thatโ€™s the only downside. But if youre just diversifying your portfolio into btc/eth itโ€™s fucking ๐Ÿ”ฅ. I have daily recurring at like $20. Not possible to do that anywhere else let alone reasonable with transaction fees afaik
    Nov 18, 2021 0
  • Uber
    Leet88

    Go to company page Uber

    Leet88
    Because the only reason to use coinbase is as a fiat on-ramp - who buys actual crypto on coinbase and keeps it there? Have you not heard of all the horror stories of people getting locked out of their account? Robinhood doesnโ€™t allow you to move usdt to metamask
    Nov 18, 2021 1