Coinbase Prime VS CoinTracking

Coinbase Prime Reviews

1. Peter Aungle    

   Doctoral Student at Harvard University | almost 3 years ago
   This site is a plug for Kraken, Misunderstands Prime

   The lowest trading volume tier is $1M-$20M a month -- totally different league. Also the fees start at .18% for takers and .08% for makers, quickly going down to near zero for institutions with large AUMs. Prime routes orders dynamically for optimal execution, including fees, so the largely made up notion that Coinbase is not competitive on fees is once again so far off, the reality is the opposite this time: prime is a highly competitive product for an important investor class from a trusted company in a space most institutional investors find confusing and perceive as somewhat dodgy. Are there other firms out there with the crypto nous and, crucially, the size to offer comparable products? This page about Kraken sounds great for individual/retail investors, though Coinbase Pro is competitive (but Coinbase isn't), but Prime should not be reviewed here. There's no comparing those kinds of trading services with those provided for retail clients.

CoinTracking Reviews

Coinbase Prime mentions (4)

• Crypto Whale Moves $321,000,000 in Bitcoin in Single Transaction

  You use what's called a Prime Broker and execute an OTC (Over The Counter) trade. Coinbase has one: https://primebroker.coinbase.com/. Source: about 3 years ago

• I have some bitcoin that I don't intend on touching for a long time. What is the best way to ensure that I will be able to access them in 10+ years?

  Exchanges have their limits , coinbase does offer https://primebroker.coinbase.com/ for large amounts though. Source: about 3 years ago

• Coinbase has license to trade securities?

  I THINK their securities license covers their institutional services. Coinbase Prime. Source: about 3 years ago

• Withdrawing a large amount of fiat from an exchange

  I could be wrong though - it's worth looking into. But coinbase, who report to HMRC anyway, have an OTC - https://primebroker.coinbase.com/ - so it's not like "all OTCs are dodgy" at least. Source: about 3 years ago

CoinTracking mentions (162)

• Can I see my balance from any past date?

  Https://cointracking.info/ does taxes too. Source: 10 months ago

• Received $20,000 tax bill

  Upload your entire wallet history to cointracking.info. It's what we recommend to our clients and it'll produce mostly accurate tax forms. If you've been doing any "advanced crypto shenanigans" it won't get those right, but for basic trades and exchanges, it'll be good. Source: about 1 year ago

• Crypto tax software

  I've been using cointracking.info since 2017 and have been happy with it. Use it for both crypto and nfts and it works great. You can use my referral to get 10% off too: https://cointracking.info?ref=P584886. Source: about 1 year ago

• Rolling up transactions for Taxes

  You can use fairspot to generate a csv to import into https://cointracking.info/. Has good reporting and can get tax forms for your country. Source: about 1 year ago

• Defi Crypto taxes

  For the past two years, I've been using CoinTracking (https://cointracking.info/). Of course, it has its own drawbacks and learning curve for defi, but if you have most of your transactions on the main EVM chains (Avalanche, Fantom, Arbitrum, and of course Ethereum), they've gotten better at importing LPs and yield farming over the years. Source: about 1 year ago