Coinbase vs. eToro vs. E*TRADE

I think Coinbase is extremely suitable for people who are just starting to get into crypto-related activities. Based on how easy it is to use along with the brand recognition I think it offers beginners a better sense of security. Just like all trading platforms, it is extremely easy to get carried away as you only have to confirm your purchase twice and it goes through. It would not be very suitable for those who have little self-control.

Incentivized

eToro is probably best suited for persons with basic trading and/or investment needs, not experienced traders. The latter group will probably benefit from more sophisticated tools, such as advanced charting and analysis. In addition, I believe such traders will demand tighter spreads than those available on the eToro platform

Incentivized

During the COVID pandemic, the airline companies were taking a big hit on travel and I saw this as a great opportunity to invest in airline stock because its value in the market had dropped tremendously. I used this opportunity to invest in multiple airline stocks through e-trade by buying the stock at an all-time low for airline stock. It was a great investment for me in the long term.

Incentivized

• Coinbase has a really nice looking design which offers for a better user experience.
• Coinbase is extremely easy to use.
• Coinbase does a great job delivering company news/changes to its users.
• Coinbase offers frequent updates which makes you feel more secure using their services.

Incentivized

• Excellent presentation of cost basis
• Easy to get exposure to crypto as well as traditional investments
• Allows copy trading

Incentivized

• I like their sell orders that allow you to set a price or percentage as a stop loss.
• Their dashboard is easy to use and gives you some quick info.
• I also like E*TRADE's reports for gains and losses.
• Moving funds into and out of your accounts is pretty simple with E*TRADE.

Incentivized

• Just like other apps(venmo, cashapp, PayPal) it keeps all your trade portfolio under coin based. Not transferable
• Even though, they give you a starting balance of $10. They do wants you to put at least $10 of your money
• The training video are simple. Learn about US dollar coin, USD, and bitcoin. But it doesn't teach you how to be a savvy trader. That will take additional education
• You can't add small cryptocurrency like BAR to your portfolio. It certain amount to trade with.

Incentivized

• eToro has met our needs for an online and investment platform.
• I cannot think of anything in which eToro can improve.

Incentivized

• summary page needs to have more details like it doesn't show current market price for an option purchased
• purchase or sell needs to be user friendly so it takes less time.

Incentivized

Great UI, Great tools for education learning with freebies, eqsy onboard, site and app are pretty good. Good API documentation. The opposite is high fees and slow support when needed. Overall it is good for its simple use and balance between beginners and professional traders making it a great choice and this is why it is one of the most famous site out there.

Incentivized

I haven't needed to contact support for Coinbase yet—it's probably because it is super easy to use and very intuitive. If I were to use the support, it would probably be better than these other companies because most of the other ones come from foreign markets or aren't as big as Coinbase.

Incentivized

Coinbase is just better overall, with access to investments that can be traded for USD. As well as the crypto that can gain interest, Coinbase is amazing at educating the user along with providing real-time data, that allows the user to make the best decision they can when making this kind of risky investment. Coinbase takes the risk out of Crypto.

Incentivized

eToro is definitely geared more toward the investor crowd with more familiar looking charts and cost basis tracking than dedicated crypto wallets or services. I use it alongside others, but definitely like the features here for making strictly investment related decisions and research on general market changes, movements, and activities.

Incentivized

robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies.

Incentivized

• It's saved time from figuring out how to buy and sell cryptocurrencies
• It makes monitoring market prices and fluctuations in the value of crypto holdings very easy and simple. Which also saves time.
• We don't do as high of volume so the lower transaction costs even though there is a slight premium saves us a lot of money in contrast to many of the exchanges that can charge 4-5+% transaction costs.

Incentivized

• 10-15% ROI per annum since signing up to eToro two years ago

Incentivized

• Limit how much you want invest.
• This is an open trade website and there is a risk of losing your money based on your investments.
• If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade.

Incentivized