Coinbase Prime VS Crypto Buyer's Guide

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.

Crypto Buyer's Guide 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

Crypto Buyer's Guide mentions (5)

• PSA for people who got screwed over by Voyager.

  There is a google docs form to fill out at the top of the ethos.io page ( I don't want to direct link it, not sure if it has identifiers in the URL?). Source: over 1 year ago

• FTX Deal is TERRIBLE For Voyager Customers - He Is Only Paying $51 Million In Cash For Voyager Assets, Court Records Show

  I hate pushing my opinion on folks (because I really do respect folks who want to be fully done and they're completely valid) but I really do think there should be at least some consideration to the waves or ethos.io proposals (or more due diligence since it seemed like Binance and a few other companies were involved). If FTX truly is the best deal fine, but I do think equity and our crypto being given back... Source: over 1 year ago

• Celsius Updates: FTC Officially Involved, New Town Hall, Nexo Sued and Voyager Drama

  4) Voyager took multiple years to switch simple systems and was called out by ethos.io and former board director https://twitter.com/shingolavine/status/1574472263247634432. Source: over 1 year ago

• New Voyager Bid's Out - New Solutions and hiccups

  Shingo Lavine who's company Ethos.io (that was acquired by Voyager) made a statement on this as well: https://twitter.com/shingolavine/status/1573030726139727872 stating that that app remake and sharing revenue plan might work well with their Ethos.io plan / proposal here: https://cases.stretto.com/public/x193/11753/PLEADINGS/1175307292280000000006.pdf. Source: over 1 year ago

• Voyager mentioned in The NY Times in an article for Pariticle/Banksy!

  And that ethos.io was not rebranded into VOyager. Voyager bought Ethos....2 very different scenarios. Source: over 2 years ago