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 Square POS is by far the easiest POS software to use at events and train additional team members on - even with temporary or first-time employees. It's easy to see how each event is doing in live time. It gives the event manager a real-time view of revenue earned. Its really easy to create/manage/delete users to keep the platform secure.
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 Mobile transactions (not like from a phone, but in terms of the ability to physically relocate rapidly). Simple setup. Generally uncomplicated pricing. Widespread customer familiarity: because it's so regularly in use in our industry (musicians/entertainment professionals), people know and trust it in a way that you might not with a different provider. 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 Too much going on for simple users. There are so many different apps and pages now that I get lost almost every time I log onto Square The high percentage of fees taken from sales The difficulty in changing default settings The layout of the “website” you can create is truly a nightmare Read full review Likelihood to Renew I don't really foresee anything being able to dislodge Square from our organization—we're not evangelists or anything like that—it's just the best solution we've found for our use case. Being able to quickly handle transactions from customers and then track all of those sales for analysis/bookkeeping later on.
Read full review Usability The application and desktop versions are updated regularly and rarely experience down time.
Read full review Once set up, Square POS is very easy to use. I feel it is a little too easy. Many other solutions have some layer of complexity to them but Square POS is pretty straightforward and this makes it the ideal POS solution in my opinion. If a solution can remove the barriers to use and allow end users to get on with their tasks without being slowed down, then it is a winner. This is what we were able to achieve with Square POS.
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 An admission - I have NEVER had to use Square POS support. The system is seamless, it just works! I have never had any queries about how the system worked as everything is so clearly laid out. I have never had any problems with payments. If their support systems are anywhere near as good as their software, I think we'll be in good hands.
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 We only used Square POS while we were getting set up with
Authorize.Net . It isn't as flashy or recognized by the general public, but in our industry, that isn't a priority. We do very large transactions so the higher rates and fees from Square add up insanely quickly making the lower rates and fees from
Authorize.Net the nail in Square's coffin for us.
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 The opportunity cost of waiting for payments and manually bringing them to a bank means that we don't have to visit our bank branch. That alone saves us several hours each month. We can use ordinary computers and mobile devices with Square instead of paying for expensive software or terminals. Our clients appreciate not having to process payments to us, and anything that helps our clients and makes them happy carries more import than I can explain in this space. Read full review ScreenShots