Spin the wheel to earn up to $200 in rewards with Coinbase

  • Trade 200+ assets securely
  • Top up without fees with Interac e-Transfer
  • Instant sell & withdraw
  • Simple & secure onboarding flow

The emergence of crypto trading has led to increased mainstream adoption by millions of people around the world. Before you begin trading, you’ll need to choose from the best crypto exchanges around. To help you narrow down your options, here’s a look at Coinbase vs. Cash App.

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Cash App vs. Coinbase: Comparison at a Glance

This table provides a quick overview of the core features of these platforms by listing their unique characteristics.

Criteria
Coinbase
Cash App
Best For
Easy trading with variety of tokens
Bitcoin traders
Accessibility
Beginner-friendly
Ideal for complete beginners
Compliance
FinCEN registered, AML/KYC compliant
Compliant with US financial regulations
Security
2FA, cold storage, FDIC-insured wallets
Biometrics, encryption, 2FA
Account Setup
Requires government ID
ID required for crypto trading
Cryptocurrencies
BTC, ETH, SOL, and 200+
Bitcoin (BTC) only

The Main Features That Separate These Platforms

This comparison between Cash App vs. Coinbase provides a brief overview of these well-respected digital trading platforms. Comparing the two should hopefully give you an idea of what strengths and limitations they may have and which one suits you best.

If you want a more detailed picture of these providers, you might want to check out our Coinbase exchange review, where we go into detail on everything they have to offer. You could then contrast it against our review of Cash App and decide which one works better for you.

Coinbase Logo

Coinbase

Funding Methods Debit & Credit Bank, PayPal, ACH, Bank Transfer, e-Transfer
Cryptocurrencies 100+
Cash App Logo

Cash App

  • One of the simplest ways to buy Bitcoin
  • Owned by financial stalwart Square
  • You can withdraw your Bitcoin to a personal wallet, unlike competing apps
  • Really simple sign-up process
  • Reliable and trustworthy
Cryptocurrencies Supported Bitcoin only
Fees ~1.75%

Head-to-Head: Which Exchange Is Better for Trading Bitcoin

This table compares the respective services in the Coinbase vs. Cash App battle. Use it as a quick guide to see which exchange looks like the best fit for your trading journey.

Features
Coinbase
Cash App
Established
2012
2013
Headquarters
California, USA
California, USA
Fees
Varies based on trade value
Fixed + volume-based percentage fees
Mobile app
iOS and Android
iOS and Android
Beginner friendly
Yes
Yes
Advanced trading options
Coinbase Pro
Yes
Wallet integration
Custodial, non-custodial, and hardware wallets
Bitcoin withdraws to external wallets
Flagship features
Staking, Coinbase card, NFTs
P2P transfers, debit card
Buy/deposit methods
Bank transfer, PayPal, wire transfer
Debit card, direct deposit
Fiat trading
Supports several currencies
USD-only
Gold and precious metals
No
No
Withdrwals
Bank accounts + external wallets
Bank accounts, BTC to external wallets
Staking and earning features
Yes
No
Customer support
Email, chat and phone support
Email and help resources

Which One is Better, Coinbase or Cash App?

Do you want to trade cryptocurrencies or just Bitcoin? This is really what your choice boils down to.

If you want to trade various crypto coins and tokens, then Coinbase is the clear choice for you. It’s beginner-friendly, has numerous reward features, and provides you with access to advanced trading tools.

Cash App is a great alternative if you only want to trade or hold Bitcoin. The platform is a banking app, investment tool, and peer-to-peer payment system with a touch of crypto trading as well.

FAQ


Cash App only lists Bitcoin, while its competitor lists more than 200 cryptocurrencies.


No, it only lists BTC.


Yes, it maintains an ever-growing selection of altcoins.


Cash App is the better option for anyone just wanting to trade.


Absolutely, the platform is relatively easy-to-navigate and has several resources to aid your trading efforts.

Arthur Crowson

About the Author

Arthur Crowson

Arthur Crowson is an award-winning writer and editor who hails from the Pacific Northwest. His career began in traditional news media but he transitioned to online media in the mid-2000s and has written extensively about the online poker boom and the rise of cryptocurrency.

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