Software Alternatives, Accelerators & Startups

SpectroCoin VS Coinbase

Compare SpectroCoin VS Coinbase and see what are their differences

SpectroCoin logo SpectroCoin

Bitcoin debit card and wallet

Coinbase logo Coinbase

Bitcoin, safe and easy.
  • SpectroCoin Landing page
    Landing page //
    2023-09-28
  • Coinbase Landing page
    Landing page //
    2018-09-30

SpectroCoin features and specs

  • Versatile Financial Services
    SpectroCoin offers a variety of financial services, including cryptocurrency exchange, prepaid cards, and a wallet that supports multiple currencies, making it a versatile solution for users.
  • Cryptocurrency Exchange
    The platform provides an easy-to-use interface for trading a range of cryptocurrencies, catering to both beginners and experienced traders.
  • Prepaid Card Functionality
    SpectroCoin provides a prepaid card option that allows users to spend their cryptocurrency conveniently in everyday transactions.
  • Merchant Solutions
    Businesses can benefit from SpectroCoin's merchant tools, which enable the acceptance of cryptocurrency payments and easy conversion to fiat currencies.

Possible disadvantages of SpectroCoin

  • Limited Customer Support
    Users may experience delays with customer support services, which can be a drawback when immediate assistance is needed.
  • Potential Fees
    Depending on the services used, fees can be relatively high, which may not be ideal for users seeking cost-effective solutions.
  • Regulatory Restrictions
    SpectroCoin's services may not be available in all countries due to regulatory restrictions, which can limit accessibility for some users.
  • Security Concerns
    As with any online financial service, users must ensure they take appropriate security measures to protect their accounts from potential threats.

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.

SpectroCoin videos

Bankera ICO Review | Is Bankera and Spectrocoin Legit?

More videos:

  • Review - SpectroCoin Review
  • Review - Bankera Review - SpectroCoin, NEM, Crypto Bank

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! ๐Ÿคฏ
  • Review - ๐Ÿ“›Why isn't the media telling you this about Coinbase?

Category Popularity

0-100% (relative to SpectroCoin and Coinbase)
Cryptocurrencies
2 2%
98% 98
Crypto
2 2%
98% 98
Finance
100 100%
0% 0
Cryptocurrency Wallets
0 0%
100% 100

User comments

Share your experience with using SpectroCoin 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 SpectroCoin and Coinbase

SpectroCoin Reviews

  1. Jolanda Bagatin
    ยท Working at Centohost ยท
    SCAM

    Fraud and gross violation of the law by criminal Vytautas Karalevicius! It is possible to make a deposit but withdrawal is impossible. They currently hold 6.000,00 euros that belong to my company and they do not allow the payment of that money to my company's account. They canceled the international bank withdrawal without notifying before, and now they are โ€œadvisingโ€ me to pay them 900,00 euros on their Bankera project, in order to withdraw the money to my company account. In short, they ask me for 900,00 euros to give me my 6.000,00 euros! In my country this is called a racket, and the sentence is not less than 3 years in prison for such an act. By doing so, they have violated the laws of their country, my country, but also the international laws on financial operations, and in addition, it is not in accordance with the license on the basis of which they operate. In short, they remove the withdrawal to bank option without announcing that they would do that, leaving only withdrawal options that are illegal in most countries of the world to be used for commercial purposes (for companies) and companies that have money with them no longer have a way to transfer that money to their bank account. I suggest to all victims of spectrocoin to file a complaint at https://www.lb.lt to have their license revoked.

Coinbase Reviews

  1. shah7
    ยท Admin at Coin Master ยท
    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
โ€“ 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. Itโ€™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 youโ€™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.

Social recommendations and mentions

Based on our record, Coinbase seems to be a lot more popular than SpectroCoin. While we know about 454 links to Coinbase, we've tracked only 1 mention of SpectroCoin. 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.

SpectroCoin mentions (1)

  • Confused about weekly revenue
    Last week, SpectroCoin, SpectroCoin Exchange, SpectroCoin Loans, and Bankera generated a net transactional revenue of 27,114.84 EUR. 20% of that was distributed among BNK holders. This totalled to 5,422.97 EUR or 15.1199116722057 ETH (given the current exchange rate of 1,793.32 euros for 1 ether). Source: over 4 years ago

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 / over 1 year 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: almost 2 years 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: about 2 years 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: about 2 years ago
  • Withdrawing money from Binance in the UK - how?
    I do have an existing Coinbase.com account if that makes any difference? Source: about 2 years ago
View more

What are some alternatives?

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

Abra - Abra is a cryptocurrency trading and management platform that provides you with tools for analyzing and investing your money at the right time and place.

Binance - Cryptocurrencies exchange platform

Synthetix - Multi-Channel Online Customer Service

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

Genesis Global Trading - Genesis Global Trading is one of the top cryptocurrency prime brokers in the market that provides a secure marketplace to trade, buy, sell, and borrow cash in the form of digital currency.

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