Software Alternatives, Accelerators & Startups

Coinbase VS Jaxx

Compare Coinbase VS Jaxx and see what are their differences

Coinbase logo Coinbase

Bitcoin, safe and easy.

Jaxx logo Jaxx

Jaxx.io is a blockchain wallet available as desktop software, a mobile app, or as a Chrome extension
  • Coinbase Landing page
    Landing page //
    2018-09-30
  • Jaxx Landing page
    Landing page //
    2022-10-22

Coinbase features and specs

  • User-Friendly Interface
    Coinbase offers an intuitive and easy-to-use interface that is ideal for beginners in the cryptocurrency space.
  • High Liquidity
    Coinbase has high liquidity, allowing users to buy and sell cryptocurrencies quickly without significant price slippage.
  • Security Features
    Coinbase employs robust security measures, including two-factor authentication (2FA), insurance against breaches, and cold storage for the majority of users' funds.
  • Wide Range of Cryptocurrencies
    The platform supports a broad selection of cryptocurrencies, making it easier for users to diversify their portfolios.
  • Educational Resources
    Coinbase provides educational content to help users understand cryptocurrency and blockchain technology better.
  • Regulatory Compliance
    Coinbase adheres to stringent regulatory standards, providing a sense of legitimacy and trust for users.
  • Mobile App
    Coinbase offers a mobile app with full functionality, allowing users to manage their portfolio on the go.

Possible disadvantages of Coinbase

  • High Fees
    Coinbase charges relatively high transaction fees compared to other exchange platforms, which can eat into users' profits.
  • Limited Advanced Trading Features
    While it offers a user-friendly experience, Coinbase lacks some of the advanced trading tools and features available on other platforms.
  • Customer Support
    Some users have reported delays and difficulties when trying to reach Coinbase's customer support.
  • Account Freezes
    There have been instances where users have experienced sudden account freezes, which can be problematic when trying to access funds.
  • Know Your Customer (KYC) Requirements
    Coinbase requires extensive personal identification information, which can be off-putting for users who prioritize privacy.
  • Geographic Restrictions
    Certain features and services on Coinbase are limited or unavailable in specific geographic regions.

Jaxx features and specs

  • Multi-Currency Support
    Jaxx supports a wide variety of cryptocurrencies, allowing users to manage multiple assets in one wallet.
  • Cross-Platform Compatibility
    The wallet is available on multiple platforms including Windows, macOS, Linux, Android, and iOS, enabling users to access their wallet from various devices.
  • User-Friendly Interface
    Jaxx features an easy-to-navigate and intuitive interface, making it accessible to both beginners and experienced users.
  • Built-in Exchange
    The wallet includes a built-in exchange feature that allows users to quickly swap between supported cryptocurrencies without needing to use an external exchange.
  • Integration with ShapeShift
    Jaxx is integrated with ShapeShift, facilitating seamless in-app conversion between different cryptocurrencies.
  • Decentralized
    Jaxx does not store user funds or private keys on its servers, providing a higher level of control and security to the users.
  • Backup & Recovery
    Jaxx offers a backup and recovery option via a 12-word master seed, ensuring that users can recover their funds even if they lose access to their device.

Possible disadvantages of Jaxx

  • Security Concerns
    As a hot wallet, Jaxx is connected to the internet and may be more susceptible to hacking attempts compared to cold storage options.
  • Limited Customer Support
    Users have reported that customer support can be slow to respond, potentially making it challenging to resolve any issues quickly.
  • Lack of Advanced Features
    While Jaxx is user-friendly, it may lack some advanced features sought by experienced traders and investors, such as detailed transaction monitoring tools.
  • Performance Issues
    Some users have reported occasional bugs and performance issues, including slow loading times and crashes.
  • Not Fully Open-Source
    Jaxx has some components that are not open-source, which can be a drawback for users who prioritize full transparency in the software they use.
  • Relatively High Exchange Fees
    Using the built-in exchange feature and ShapeShift integration can sometimes result in higher fees compared to using dedicated cryptocurrency exchanges.

Coinbase videos

Coinbase Commerce vs Bitpay Merchant Services - The Ultimate Crypto Payment Gateway

More videos:

  • Review - Best Crypto Cards 2020 - Crypto.com Review CRO, Coinbase Card, Crypterium Debit Card & More!
  • Review - Is Coinbase Safe | My Coinbase Review (3 Things YOU NEED To Look For)
  • Review - Coinbase Review 2020 - Make That Crypto Money
  • Review - Coinbase App Review - Coinbase Bitcoin Wallet
  • Review - Coinbase Review in 2 minutes (2023 Updated)
  • Review - Coinbase Review: DO NOT Sign Up Until You Watch This! 🤯
  • Review - 📛Why isn't the media telling you this about Coinbase?

Jaxx videos

What is the Best CryptoCurrency Wallet? EXODUS Review vs Jaxx

More videos:

  • Review - Jaxx wallet vs Exodus wallet
  • Tutorial - Jaxx Wallet Tutorial Review Shapeshift

Category Popularity

0-100% (relative to Coinbase and Jaxx)
Cryptocurrencies
87 87%
13% 13
Crypto
88 88%
12% 12
Cryptocurrency Wallets
79 79%
21% 21
Cryptocurrency Exchange
90 90%
10% 10

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Coinbase and Jaxx

Coinbase Reviews

  1. shah7
    · Admin at Coin Master ·
    Coinbase is Love

    One of the main benefits of Coinbase is its extensive security measures, which include offline storage for a majority of the company's cryptocurrency holdings and advanced security measures for online storage. Additionally, Coinbase is licensed and regulated by several financial authorities, which helps to provide users with a certain level of confidence in the security of their funds.


Best Crypto Payment Gateways 2024
– Real-time Conversion: Coinbase Commerce offers real-time conversion of cryptocurrencies into fiat currency, mitigating price volatility concerns for merchants. This feature enables seamless transactions without the need for manual conversions or additional steps.
Source: bitcoinist.com
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
Coinbase Commerce allows small and medium scale businesses to accept crypto payments from customers. Being one of the best crypto exchange platforms, Coinbase supports a wide range of cryptocurrencies. Its Coinbase Pro platform has advanced features to serve professional traders. Businesses can create invoices, simple hosted checkouts, and Coinbase payment buttons using this...
Source: coingape.com
Top Crypto and Bitcoin Payment Processors - Accept Digital Currencies
Moreover, Coinbase Commerce charges only a 1% transaction fee, which is insignificant compared to the benefits it provides. It’s important to mention here that Coinbase Commerce offers the first US$1 million worth of transactions for free, making it one of the cheapest payment processors available today. All in all, if you’re seeking a professional and reliable payment...
Source: originstamp.com
6 Best Coinbase Alternatives for 2022
Coinbase opens the door to the world of cryptocurrencies for many investors. It focuses on simplicity, providing easy access to over 100 cryptocurrencies through a well-designed app, where users buy, sell, and exchange crypto with ease.
Best Crypto Exchanges in Europe in 2022 (Ranked and Reviewed)
While Coinbase is known for its simplicity, the platform has higher transaction fees than its competitors. Users also tend to complain about its customer service, saying that it is hard to contact other humans, with the service being primarily automated. Finally, Coinbase Europe is not a regulated financial service provider for digital currency services.

Jaxx Reviews

20 BEST Bitcoin Wallets | Top Crypto Wallets in 2021
Jaxx is a popular multi-currency, multi-platform all-in-one cryptocurrency wallet. It allows you to exchange more than 80 cryptocurrencies using the Jaxx wallet.
Source: www.guru99.com
🔥👛 The TOP 5 BEST ALTCOIN wallets: an overview 👛🔥
Jaxx is a multiplatform multicurrency wallet. The private keys are stored on your device. It has a beautiful UI, is really sleek and easy to use, and has shapeshift built in. What's great about Jaxx is that it supports every major platform. Desktop clients available for Mac, Windows and Linux. Mobile clients available for iOS and android, and hardware wallet support coming...
Source: steemit.com

Social recommendations and mentions

Based on our record, Coinbase seems to be a lot more popular than Jaxx. While we know about 454 links to Coinbase, we've tracked only 3 mentions of Jaxx. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Coinbase mentions (454)

  • Ask HN: Who is hiring? (June 2024)
    - We move at the pace of a startup, with value to full stack skillset, shipping fast, total ownership - Senior Product Manager, ideally ex-engineer, who has built API products before and written documentation - Engineering Manager for our Commerce team ( https://commerce.coinbase.com/ ) Send your github or resume to nemil.dalal+hn /at Coinbase's domain name. - Source: Hacker News / 11 months ago
  • reset password email never shows
    I have been trying to regain access to my account FOR OVER TWO FUCKING YEARS... The website only leads me in circles with no resolution, the reset password email NEVER shows up.. Yes I have checked my spam folder, yes I have searched for @coinbase.com in my emails search bar, yes I have contacted my email service provider whom states they cant even locate the emails being sent... I just need to reset my password... Source: over 1 year ago
  • Over $50k was stolen from my account!!!
    Late (2am) on the 26th, I received 3 text messages indicating the BTC (and ETH) being sent from my account are being delayed for security reasons. The text had a link (to a coinbase.com domain) to disable my account by clicking on the link. I did so for all 3 transactions (no login was required as it was a token based string) at around 6am when I saw the texts. Source: over 1 year ago
  • Accept Term problem
    I got an e-mail that my account will be discontinued on Sept 25, and I should withdraw my funds. But after log in, I'm stuck on accept term, using app mobile, coinbase.com (firefox, google chrome , and safari) I tried also to connect to VPN but nothing happens. Source: over 1 year ago
  • Withdrawing money from Binance in the UK - how?
    I do have an existing Coinbase.com account if that makes any difference? Source: over 1 year ago
View more

Jaxx mentions (3)

  • Bitcoin fake transaction software
    -The wallet supported: blockchain, coinbase, block.io, jaxx.io, coinpayment, and other wallets that do not wait for confirmation before updating the wallet balance. Source: about 3 years ago
  • Scam Website www.jaxx.sh
    Friend got scammed by going to www.jaxx.sh. Looks legit, asks for backup seed phrase and then takes you to your real jaxx.io wallet. 24 hours later all funds drained! Beware. Source: over 3 years ago
  • Jaxx Liberty Hacked
    What phone do you have? Android or iOS? How did you download the app – via the official website jaxx.io or did you go to the app store and search for it that way? If the latter, you could have downloaded a fake app that steals your keys (this has happened to people very often, just look at old posts on this sub). Or maybe malware got installed on your phone. Source: about 4 years ago

What are some alternatives?

When comparing Coinbase and Jaxx, you can also consider the following products

Binance - Cryptocurrencies exchange platform

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

Bitfinex - Bitfinex is the largest and most advanced crypto-currencies trading platform.

Toshi - A browser for the Ethereum network

BitPay - Bitcoin payment gateway. Enterprise-grade solutions, from the pioneer of bitcoin payments.

MyEtherWallet - MyEtherWallet is a free, open-source, client-side interface.