Standout Features
KuCoin and Coinbase are both well-established, feature-rich cryptocurrency exchanges. In this comparison, we only cover the distinguishing characteristics of each platform.
KuCoin provides you with free trading bots to maximise your profits. You can access the Spot Grid Bot while using the desktop. To use the other bots, you must download KuCoin’sKuCoin’s mobile app, which is compatible with iOS and Android. It’s easy to program your bot to trade automatically on your behalf, and you can even replicate the specifications of the most successful bots.
KuCoin’s trading bots. Image: KuCoin
You can also borrow cryptocurrency on KuCoin. The process is quick and straightforward. You only need to select your desired coin, the amount to borrow, and the interest rate. If you maintain a large quantity of cryptocurrency for a long term, you can earn interest by lending it. You can decide which of over 600 coins to lend, the loan duration (7, 14, or 28 days), and the interest rate.
KuCoin enables futures trading with leverage of up to 100x. When trading futures, you have a choice between two interfaces. The first is Futures Lite, which is ideal for executing an immediate futures trade. Futures Pro, the second choice, offers comprehensive trading capabilities and up to 100x leverage.
Coinbase offers a unique way to earn cryptocurrency called Coinbase Earn. You get compensated in cryptocurrency for watching short videos on cryptocurrency! After monitoring each of these three-minute-long videos, you’ll receive cryptocurrency. For instance, if you’ve viewed three videos on Compound coin, you will receive $9 worth of COMP cryptocurrency.
Compound’s videos on Coinbase. Image: Coinbase
Coinbase Wallet app is available for download on mobile devices. It enables users to store cryptocurrencies, participate in airdrops and ICOs, explore decentralised applications (DApps), and send and receive cryptocurrencies regardless of location. At the time of writing, Google Play had over 5 million downloads with a 3.4-star rating from 37K reviews.