Coinbase vs Gemini: fees, withdrawals, safety and which to use
For a $1,000 purchase by bank transfer, Gemini lists a $12 fee. Coinbase displays its fee only when you review an order.
Coinbase vs Gemini fees
Dollar fees for $1,000 from Coinbase and Gemini appear on each exchange's own pages.
| $1,000 and the basics | Coinbase | Gemini |
|---|---|---|
| Buy by bank transfer (ACH) | – | $12 |
| Buy by debit card | – | $34.90 |
| Buy by wire | $19 | $12 |
| Sell and send to your bank (ACH) | – | $12 |
| Cash out to your bank (ACH) | – | $0 |
| Cash out by wire | $25 | $25 |
| States it does not serve | – | Serves every state |
| Serves New York | Yes | Yes |
| Bank withdrawal | 1-5 business days | Free, if you start an ACH withdrawal before 3pm ET, it's typically handled that day or the next working day |
| NYDFS licence | Yes | Yes |
| App Store rating (ratings) | 4.7 (1,797,969) | 4.8 (109,951) |
| Google Play rating (ratings) | 4.3 (929,890) | 4.0 (55,353) |
| Coins listed | 407 | 99 |
If a row shows a dash, the exchange has published no figure for it. "Not offered" means that method isn't supported as an option.
Coinbase vs Gemini in your state
Coinbase doesn't publish a list of US states it leaves out. You only need to live in the US to meet its user terms.
According to Gemini, the service is available to customers in all 50 states nationwide.
Coinbase vs Gemini withdrawals
Coinbase bank withdrawals settle within 1-5 working days.
Bank withdrawals from Gemini are free and take if you start an ACH withdrawal before 3pm ET, it's typically handled that day or the next working day.
Coinbase vs Gemini safety
From NYDFS, Coinbase holds either a New York licence or a charter.
NYDFS has issued Gemini a New York licence or charter.
Coinbase vs Gemini apps and coins
On the App Store, the Coinbase app earns 4.7 out of 5 based on 1,797,969 ratings. On Google Play, its score is 4.3, based on 929,890 ratings submitted.
On the App Store, the Gemini app earns 4.8 out of 5 based on 109,951 ratings. Its Google Play score is 4.0, based on 55,353 ratings submitted.
Which exchange should you choose, Coinbase or Gemini?
- Go with Coinbase if you'll use Coinbase Advanced and its order book.
- Choose Gemini if you'll use Gemini ActiveTrader with its order book, or if you live in a state that other exchanges don't serve.
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