Likelihood to Recommend 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.
Read full review It helps me in managing my Canadian portfolio which includes stock-specific investments and ETFs as well. They charge no commission or very little commission on some specific trade.
Read full review Pros 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. Read full review Easy to follow user interface. Monthly reports are very detailed and contain visuals to aid in the understanding of performance. Questrade has a very responsive customer support team. Questrade has low fees. Read full review Cons 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. Read full review Better charts within the app. Dark mode setting. Setting self Limits to margin investing. Read full review Usability The application and desktop versions are updated regularly and rarely experience down time.
Read full review Support Rating 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.
Read full review Alternatives Considered 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.
Read full review I have used WealthSimple before, and I can say that Questrade is just a bit more intuitive for me. It's catered for beginners, but also has additional features for those who are a bit more advanced. Questrade is a flexible platform that allows you to create and track various types of portfolios, create and track various types of strategies, etc. By far the superior choice in my opinion.
Read full review Return on Investment 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. Read full review In my experience, Questrade has delayed me for months! I feel it's a waste of time I don't know how they deserve such high ratings, maybe they buy marketing and reviewers. In my opinion, don't buy into their sales pitch!!! Read full review ScreenShots