Coinbase vs River: fees, withdrawals, safety and which to use
River shows a $10 fee on a $1,000 purchase by bank transfer, while Coinbase reveals its fee only when you review the order.
Coinbase vs River fees
The dollar fees for $1,000 are listed on each exchange's own pages, for both Coinbase and River.
| $1,000 and the basics | Coinbase | River |
|---|---|---|
| Buy by bank transfer (ACH) | – | $10 |
| Buy by wire | $19 | $10 |
| Cash out to your bank (ACH) | – | $0 |
| Cash out by wire | $25 | $0 |
| Cash out instantly to a debit card | – | $10 |
| States it does not serve | – | Nevada, New York |
| Serves New York | Yes | No |
| Bank withdrawal | 1-5 business days | Standard withdrawals are free and reach you in 1 to 3 working days |
| NYDFS licence | Yes | No |
| App Store rating (ratings) | 4.7 (1,797,969) | 4.9 (9,070) |
| Google Play rating (ratings) | 4.3 (929,890) | – |
| Coins listed | 407 | – |
"Not offered" tells you the method isn't supported, while a dash means the exchange hasn't published a number for that row.
Coinbase vs River in your state
No list of excluded states in the US is published by Coinbase. The only thing its user terms ask is that you live in the US.
Customers located in Nevada or New York don't get service from River.
Coinbase vs River withdrawals
It takes 1-5 working days to make a bank withdrawal from Coinbase.
Bank withdrawals from River cost nothing, with standard ones arriving in 1 to 3 working days; $10 is the minimum.
Coinbase vs River safety
NYDFS is the issuer of Coinbase's New York licence or charter.
River doesn't hold an NYDFS licence for New York.
Coinbase vs River apps and coins
In the App Store, Coinbase's listing scores 4.7 out of 5, based on 1,797,969 ratings. A 4.3 score on Google Play comes from 929,890 ratings.
River's app earns 4.9 of 5 in the App Store, based on 9,070 ratings.
Should you pick Coinbase or River?
- If you use its order book in Coinbase Advanced, choose Coinbase.
- Pick River if the River app and its simple buy screen are what you want.
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