BlockFi vs Coinbase

BlockFi or Coinbase – which is better for UK traders 2024? Compare BlockFi and Coinbase in this detailed breakdown of their platforms, features and fees.

BlockFi vs Coinbase Comparison Table 2024
BlockFi Coinbase
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0.5
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3.5
BlockFi is ranked #79 among crypto brokers. Coinbase is ranked #79 among crypto brokers.
Review
Review
BlockFi has closed or no longer accepts UK clients.
BlockFi filed for bankruptcy proceedings on 28 November 2022 and has suspended withdrawals.
BlockFi is a crypto investing and saving platform with additional features including cashback credit cards, ultra-high net worth advisors and crypto lending. 		Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.
Pros
  • Powerful purpose-built crypto trading platform with backtesting capabilities
  • Well-regarded crypto exchange with thousands of tokens available
  • One of the most trusted brands in the crypto space
  • Fast execution speeds on the trading software
  • Slick app with excellent customer feedback
  • Margin trading available in some countries
  • You can sign up in three quick steps
Cons
  • Coinbase trades don't take place anonymously
  • Occasional bugs have caused issues on the system
  • Lower safety score vs established crypto brokers
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
Cryptos Cryptos
Demo Account
Yes No
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
$0 0.0001 XBT
Regulator
SEC CBoI
Mobile Apps
iOS & Android Yes
iOS App Rating
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Android App Rating
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Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Cryptocurrency
BlockFi supports trading, investing and borrowing of a range of major crypto tokens, including stablecoins. With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges.
Spread
Variable BTC 0.1%, ETH 0.1%
Coins
  • BTC
  • ETH
  • LTC
  • LINK
  • USDC
  • GUSD
  • PAX
  • PAXG
  • USDT
  • BUSD
  • DAI
  • UNI
  • BAT
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • FIL
  • WBTC
  • SHIB
  • BNB
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
Yes Yes
Auto Market Maker
Yes No
BlockFi Coinbase
Review
Review
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.
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