Software Alternatives, Accelerators & Startups
Register | Login

Lastbit Lite VS Coinbase

Compare Lastbit Lite VS Coinbase and see what are their differences

TradingJournal
TradingJournal is a modern trade tracking app that helps traders understand their performance, reduce emotional mistakes, and optimize strategies. With risk analysis, pattern detection, and visual insights. Free and ad-free. featured
Contents:
  1. » Base Details
  2. » Videos
  3. » Reviews
  4. » Alternatives

Lastbit Lite logo Lastbit Lite

Pay or get paid in Bitcoin or Euros instantly

Coinbase logo Coinbase

Bitcoin, safe and easy.
  • Lastbit Lite Landing page
    Landing page //
    2023-10-22
  • Coinbase Landing page
    Landing page //
    2018-09-30

Lastbit Lite features and specs

  • Instant Transfers
    Lastbit Lite allows for near-instantaneous transfers between users, leveraging the Lightning Network for fast, efficient transactions.
  • Low Fees
    The platform offers low transaction fees, particularly when compared to traditional banking systems and other cryptocurrency services.
  • User-Friendly Interface
    The app has an intuitive and easy-to-navigate interface, making it accessible even for users who are new to cryptocurrency transactions.
  • Cross-Border Payments
    Lastbit Lite simplifies cross-border payments, enabling users to send money globally without the complexities and high costs traditionally associated with international transactions.

Possible disadvantages of Lastbit Lite

  • Limited Features
    While suitable for basic transactions, Lastbit Lite may lack advanced features that more experienced users might require.
  • Dependence on Lightning Network
    Its performance and reliability are tied to the Lightning Network, which can sometimes face scalability and routing issues.
  • Risk of Volatility
    Like all Bitcoin-based services, users are exposed to the inherent volatility of Bitcoin prices, which can affect the value of their holdings.
  • Regulatory Concerns
    There may be regulatory hurdles or changes in the legal landscape that could impact the service’s availability and functionality.

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.

Analysis of Coinbase

Overall verdict

  • Overall, Coinbase is considered good for those looking to buy, sell, or hold cryptocurrencies. However, it is important to note that its fees can be higher compared to some other platforms, particularly for its simpler buying options.

Why this product is good

  • Coinbase is one of the largest and most popular cryptocurrency exchanges globally, known for its user-friendly interface, robust security measures, and a wide variety of supported cryptocurrencies. It is a good choice for both beginners and experienced traders due to its intuitive platform and comprehensive educational resources. The exchange is regulated in various jurisdictions, offering a level of credibility and trustworthiness.

Recommended for

  • Beginner cryptocurrency investors who need an easy-to-use platform.
  • Users seeking a regulated and secure environment for trading.
  • Investors interested in a wide variety of supported cryptocurrencies.
  • Individuals looking for educational resources on cryptocurrency trading.

Lastbit Lite videos

+ Add

Lastbit Lite - Overview

More videos:

  • Review - Lastbit Launches Two Lightning Powered Apps in Europe! (Lastbit Lite and Lastbit Cards)
  • Tutorial - HOW TO: Complete KYC on Lastbit Lite

Coinbase videos

+ Add

Best Crypto Cards 2020 - Crypto.com Review CRO, Coinbase Card, Crypterium Debit Card & More!

More videos:

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

Category Popularity

0-100% (relative to Lastbit Lite and Coinbase)

Lastbit Lite

Coinbase

Crypto
3 3%
Crypto
97% 97
Cryptocurrencies
1 1%
Cryptocurrencies
99% 99
Fintech
100 100%
Fintech
0% 0
Cryptocurrency Wallets
0 0%
Cryptocurrency Wallets
100% 100

User comments

Share your experience with using Lastbit Lite and Coinbase. For example, how are they different and which one is better?
Log in or Post with

Reviews

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

Lastbit Lite Reviews

We have no reviews of Lastbit Lite yet.
Be the first one to post

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.
Source: investingintheweb.com
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.
Source: investingintheweb.com

Social recommendations and mentions

Based on our record, Coinbase seems to be a lot more popular than Lastbit Lite. While we know about 454 links to Coinbase, we've tracked only 7 mentions of Lastbit Lite. 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.

Lastbit Lite mentions (7)

  • Is there any exchange that offer personal IBANs?
    Check out lastbit.io or as they're now known:. Source: over 3 years ago
  • Which btc lightning wallet do you use and why you choose it?
    Lastbit, which also acts as an on-/off-ramp, and even has the option for a bitcoin-backed debit card. EU only. Source: over 3 years ago
  • What is the cheapest way to DCA BTC?
    Good recommendatios in the US from everyone, but if you're in Europe, the Lastbit app has a good DCA with extra wallet/card features. Quite complete, and you don't need to go from exchange to wallet and pay fees because it's all in one. Source: over 3 years ago
  • how is lastbit.io able to convert lightning to euro?
    How is lastbit.io able to convert lightning to euro? Source: almost 4 years ago
  • Any good lightning wallets to start with?
    Lastbit, which also acts as an on-/off-ramp, and even has the option for a bitcoin-backed debit card. EU only. Source: almost 4 years ago
View more

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 / 12 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

What are some alternatives?

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

Accepting - All the places that let you pay with Bitcoin

Binance - Cryptocurrencies exchange platform

Krypto - Buy, sell and pay with crypto for free

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

CoinGate - CoinGate is a payment gateway for Bitcoin, XRP, Litecoin, Ethereum and 50 other cryptocurrencies.

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

Loading...