Coinbase Prime VS ShapeShift

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.

ShapeShift 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

ShapeShift mentions (14)

• How Web3 Decentralization Can Dismantle Big Tech Monopolies in 2024

  Key funding DAOs such as BitDAO, ShapeShiftDAO, and FlamingoDAO bankroll Web3 projects spanning areas neglected by traditional VCs, like public goods development. - Source: dev.to / 3 months ago

• Borrowing USDC with FOX: A Guide

  ShapeShift is a cryptocurrency exchange founded in 2014. After being pressured by regulations to add KYC requirements in 2018, ShapeShift decided to transition into a KYC-less self-custodial DEX with zero fees. Shapeshift works as a DEX aggregator, selecting the DEX route that costs the least to the user. Its platform also features an interface to access and control DeFi investments, and integration with fiat... Source: over 1 year ago

• ElasticSwap-ShapeShift and Mainnet

  FOXy is the first yield bearing elastic supply token launched by the ShapeShift community, but the opportunity for cooperation on future innovative token pairs and innovation in the broader elastic supply space are endless. Not to mention, ElasticSwap will be fully integrating with the ShapeShift trading platform. Source: almost 2 years ago

• Product & Creative Services Looks to Continue Growth for the DAO & Retain Talent

  Benefits of this proposal passing: - Proposed Feature Product Roadmap for the DAO, encompassing: ShapeShift Mobile, current web app, new open-source web app, shapeshift.com, and other products the ShapeShift DAO launches - Feature specs for prioritized features including goals, success metrics, and acceptance criteria - UI/UX for each prioritized feature. - Front-end development - Reporting on product KPIs... Source: over 2 years ago

• Why you should turn on whitelisting on your exchange. For the new guys and anyone who just hasn't thought of this scenario.

  The cheapest hardware wallet I have found for this is KEEPKEY for $10. I also own ledger and trezor. Keep key software shapeshift web interface is not great. However in combination with ELECTRUM I do like it. I just don't use their shapeshift.com web interface. There are probably other software wallets it works with as well. Source: over 2 years ago