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Title: Bitstamp vs Coinbase Post by: rscholey on October 06, 2015, 12:12:59 PM Can anyone comment on the differences between these two exchanges?
I'd like to get some ideas from people who have used them recently. For example which one is the bigger of the two, do they both have the same charges and does one have any advantage over the other? Title: Re: Bitstamp vs Coinbase Post by: OmegaStarScream on October 06, 2015, 12:24:51 PM Can anyone comment on the differences between these two exchanges? I'd like to get some ideas from people who have used them recently. For example which one is the bigger of the two, do they both have the same charges and does one have any advantage over the other? Here is few links you should check and I'am pretty sure you will end up by making a decision : https://bitcointalk.org/index.php?topic=836752.0 http://www.bitcoinvalues.net/best-place-to-buy-bitcoins-coinbase-vs-btc-e-vs-bitstamp.html https://99bitcoins.com/coinbase-vs-btc-e-vs-bitstamp-buy-bitcoins/ Title: Re: Bitstamp vs Coinbase Post by: zzaza on October 06, 2015, 01:28:29 PM Can anyone comment on the differences between these two exchanges? I'd like to get some ideas from people who have used them recently. For example which one is the bigger of the two, do they both have the same charges and does one have any advantage over the other? Here is few links you should check and I'am pretty sure you will end up by making a decision : https://bitcointalk.org/index.php?topic=836752.0 http://www.bitcoinvalues.net/best-place-to-buy-bitcoins-coinbase-vs-btc-e-vs-bitstamp.html https://99bitcoins.com/coinbase-vs-btc-e-vs-bitstamp-buy-bitcoins/ Without reading these topics i would have suggested coinbase, reading these articles didnt change my decision :) Title: Re: Bitstamp vs Coinbase Post by: 7788bitcoin on October 06, 2015, 01:30:24 PM My impression is that Coinbase will be more expensive but more reliable. Bitstamp feel a bit like Mt Gox in the old days...
Title: Re: Bitstamp vs Coinbase Post by: var53 on October 06, 2015, 02:03:26 PM Bitstamp has much higher volume than Coinbase. If you are trading big amounts of Bitcoin it's easier to get your orders filled fast at Bitstamp. Although Bitstamp requires KYC documents to register it's less intrusive than Coinbase. Coinbase also requires KYC documents to register, but it wants to know where your Bitcoins have come from, and where they are going to. You cannot sell Bitcoins you buy there on Localbitcoins, or vice versa. It sometimes closes people's accounts for sending coins to Localbitcoins.
However, Coinbase is insured as this statement from their website shows. Quote Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin Title: Re: Bitstamp vs Coinbase Post by: LiteCoinGuy on October 06, 2015, 03:12:34 PM My impression is that Coinbase will be more expensive but more reliable. Bitstamp feel a bit like Mt Gox in the old days... no it does not feel like that. Coinbase will probably a bigger player in the future but Bitstamp is okay, you can trade there too. Coinbase = US Bitstamp = UK both got funding in the past. Title: Re: Bitstamp vs Coinbase Post by: tiggytomb on October 06, 2015, 04:16:16 PM Coinbase are good, they have a nice little Android app also.
Title: Re: Bitstamp vs Coinbase Post by: neonshium on October 06, 2015, 05:06:14 PM Coinbase are good, they have a nice little Android app also. Yes many people prefer coinbase over bitstamp. After mtgox, bitstamp has more exchange volume. But coinbase has wallet feature whereas bitstamp does not. Exchange wise I prefer coinbase like most of the people vote. Coinbase now serve more than 30 countries. Title: Re: Bitstamp vs Coinbase Post by: Mickeyb on October 06, 2015, 10:03:40 PM Bitstamp is bigger but is slowly losing ground, especially after their last hack. People are losing confidence in them it seems to me. Coinbase had also their accusations that they are working closely with the US government and that they are tracking how and where users spend their bitcoins, but this shouldn't bother you if you have nothing to hide.
Verification process will be about the same with both exchanges. They will both do the job if you just buy your coins and get them out of there. I would might give a small advantage to Coinbase, it seems healthier than Bitstamp. Title: Re: Bitstamp vs Coinbase Post by: bgibso01 on October 07, 2015, 12:55:12 AM Bitstamp has much higher volume than Coinbase. If you are trading big amounts of Bitcoin it's easier to get your orders filled fast at Bitstamp. Although Bitstamp requires KYC documents to register it's less intrusive than Coinbase. Coinbase also requires KYC documents to register, but it wants to know where your Bitcoins have come from, and where they are going to. You cannot sell Bitcoins you buy there on Localbitcoins, or vice versa. It sometimes closes people's accounts for sending coins to Localbitcoins. However, Coinbase is insured as this statement from their website shows. Quote Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin Up until last month, I had used Coinbase from it's beginning. They have made great strides and caused a few irritations with the in-flux rules they would change weekly. They closed my account without warning after me notating on a few of my transfers that I was sending coins to my BTM wallet. I don't really fault them for wanting to limit those transactions, but would have preferred a little note not to do it anymore. Instead, my account was closed and from my email conversations with them, they won't even let me open a personal account with them anymore. All of that over < 10-15btc over 5 months. I'm still looking for a good USA exchange I can use to fund my vending machine. |