What users are saying about
19 Ratings
5 Ratings
19 Ratings
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Score 8.1 out of 100
5 Ratings
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Score 9.9 out of 100

Likelihood to Recommend

Coinbase

I think Coinbase is a great place to start for people that are just getting acquainted with the cryptocurrency space. The interface works as much like a traditional bank as you could expect, considering Coinbase is not a bank, so it's very easy for users to get a handle on what is going on.Storing money long-term in Coinbase is not particularly advisable, as the nature of cryptocurrency is that you are to trust no one with your secure keys. By using Coinbase, you are inherently breaking that idea, and trusting Coinbase to keep your funds secure for you.
Jim Rubenstein | TrustRadius Reviewer

TransferWise

If you need to make repeated transfers to individuals overseas or domestically, TransferWise is a great solution. The borderless account feature allows you to accept and retain money in foreign currency or easily convert it to your preferred currency.
Anonymous | TrustRadius Reviewer

Pros

Coinbase

  • Very simple dashboard for monitoring your coins
  • Makes buying and selling Cryptocurrencies very simple once your account is set up
  • Has a price alert feature for monitoring prices when they go above or below your target prices
Brad Henderson | TrustRadius Reviewer

TransferWise

  • It makes really quick transactions. You can transfer money to any personal account abroad really fast.
  • Transferwise charges very little for their service, in comparison with regular bank transfers and traditional providers as Western Union.
  • It shows the charges for the transaction up front. Such a cost is fixed, avoiding unpleasant surprises afterward.
Marcelo de Vasconcellos | TrustRadius Reviewer

Cons

Coinbase

  • The fees are way too high. Once you get used to trading cryptocurrency you should find a better solution.
  • Their customer support is abysmal
Tom Davies | TrustRadius Reviewer

TransferWise

  • Time it takes to complete a transfer.
  • Multi-user/team management.
Anonymous | TrustRadius Reviewer

Support

Coinbase

Coinbase 9.0
Based on 1 answer
No answer on this topic is available.

TransferWise

TransferWise 10.0
Based on 1 answer
We haven't really had to engage with TransferWise support. The platform is simple and easy to use.
Anonymous | TrustRadius Reviewer

Alternatives Considered

Coinbase

Coinbase definitely provides the most impressive user experience of all the crypto-currency exchanges.Coinbase is one of only a few that US uses to buy crypto with fiat (USD) currency, making it on the short list of feasible platforms to use. However, Coinbase does lack options for utilizing non-mainstream (alt) crypto-currencies. I selected Coinbase because they are the most robust, complete feeling, user experience. Their security practices are top-notch, and they have insurance policies to cover their customers in the event of a compromise.
Jim Rubenstein | TrustRadius Reviewer

TransferWise

We had used bank transfers for several years, but TransferWise outdoes them in almost all aspects. It leaves out most of the bureaucracy, and it is agile and much cheaper. Also, TransferWise reliably sends messages as each step of the transaction is completed. Perhaps TransferWise's main limitation is that it does not support many currencies yet.
Marcelo de Vasconcellos | TrustRadius Reviewer

Return on Investment

Coinbase

  • It has given us the security of safe transactions.
John Phillip Masagca, ME | TrustRadius Reviewer

TransferWise

  • The money transfers became faster and more reliable.
  • The monthly transferences became cheaper since we started to use TransferWise
  • The clear pricing information up front, without waiting for quotes, helps to decide quickly how much to transfer.
Marcelo de Vasconcellos | TrustRadius Reviewer

Pricing Details

Coinbase

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

TransferWise

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

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