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Splitwise VS Coinbase Pro

Compare Splitwise VS Coinbase Pro and see what are their differences

Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!

Rating
0 reviews
Alternatives Is it good?
Coinbase Pro

Professional trading platform for individuals

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Rating
0 reviews
Alternatives Is it good?
Finsepa
Bring your portfolios together, understand what drives your returns, and track your progress toward your goals — with research tools to explore every investment further. sponsored
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Coinbase Pro seems to be more popular. It has been mentioned 271 times since March 2021.

social mentions
0 vs 271
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 79

Base details

Website, pricing, platforms and company facts side by side.

Splitwise
Coinbase Pro
Website splitwise.com pro.coinbase.com
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Online Payments +1
Cryptocurrencies Crypto Cryptocurrency Wallets Cryptocurrency Exchange +1

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Coinbase Pro 5 features
  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.
  • Advanced Trading Features
    Coinbase Pro offers a wide range of advanced trading features including limit and stop orders, as well as detailed charts and analysis tools, which are ideal for more experienced traders.
  • Lower Fees
    Compared to Coinbase's standard platform, Coinbase Pro offers significantly lower fees, making it more cost-effective for frequent traders.
  • High Liquidity
    Coinbase Pro has high liquidity, ensuring that large trades can be executed smoothly without causing significant price fluctuations. This is beneficial for professional traders and institutional investors.
  • API Access
    Coinbase Pro provides robust API access, allowing users to set up automated trading strategies and integrate with other financial software.
  • Security
    Coinbase Pro maintains high levels of security, including cold storage for the majority of its users' funds, two-factor authentication (2FA), and strong regulatory compliance.

Possible disadvantages

  • Complex Interface
    The platform's advanced features can make the user interface complicated and overwhelming for beginners who are not familiar with trading terminology and concepts.
  • Limited Customer Support
    Users have reported that Coinbase Pro's customer support can be slow to respond and sometimes unhelpful, which can be frustrating for users facing urgent issues.
  • Limited Payment Methods
    Coinbase Pro supports a more limited range of payment methods compared to Coinbase's standard platform, which might be inconvenient for some users.
  • Geographic Restrictions
    Certain features and services of Coinbase Pro are restricted in specific geographic locations, limiting access for some potential users around the world.
  • Withdrawal Fees
    While trading fees on Coinbase Pro are lower, users may still face withdrawal fees that can add up, especially when transferring funds out of the platform.

Analysis

An editorial look at what each product does well and who it suits.

Splitwise
Coinbase Pro

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

Overall verdict

  • Coinbase Pro is a good option for more experienced traders looking for a reliable and feature-rich platform to conduct cryptocurrency transactions with potentially lower fees than its parent platform. However, it may not be the best choice for beginners due to its complex interface and features tailored to advanced trading strategies.

Why this product is good

  • Coinbase Pro (pro.coinbase.com) is favored for its advanced features that cater to experienced traders, such as detailed charting tools, lower fees compared to the standard Coinbase platform, and a wider range of order types. It also provides a more intuitive interface for those who want to engage in regular and high-volume trading. Additionally, Coinbase Pro benefits from strong security measures and regulatory compliance being part of the Coinbase ecosystem.

Recommended for

    Experienced traders, high-volume traders, users seeking lower transaction fees compared to Coinbase, and those interested in advanced trading tools and order types.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Coinbase Pro 3 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

  • - Tricount vs Splitwise - App comparison
  • - Splitwise Demo

Coinbase Pro Review: Worth it? Everything You Need to Know

More videos

  • - Coinbase Pro Review - How To Buy Bitcoin On Coinbase Without Fees
  • - Coinbase Pro Full Tutorial 2020: Cryptocurrency Trading for Beginners

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitwise
Coinbase Pro
100% 100%
Personal Finance
0% 0%
0% 0%
Cryptocurrencies
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
Crypto
100% 100%

User comments

Share your experience with using Splitwise and Coinbase Pro. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Splitwise no reviews yet
Coinbase Pro no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitwise 0 mentions
Coinbase Pro 271 mentions

Tracking Splitwise since Mar 2021.

  • did i get scammed?
    First time I'm depositing money but I used coinbase pro 'https://pro.coinbase.com/' I still haven't received my money and am becoming paranoid so I did research and contacted support who tells me coinbase pro is no longer available... Source: over 3 years ago
  • Help !!! Got account closure notice, but I can't withdraw my funds in my coinbase pro account!!!
    According to this notice, I can withdraw my funds from Coinbase now. However, ALL MY FUNDS in Coinbase Pro ARE NOT LISTED. Even when I log in from pro.coinbase.com, it redirects me to the same page (https://www.coinbase.com/close_account). Source: over 3 years ago
  • All you need to know about keeping your crypto safe and getting the best exchange rates (Ethereum edition)
    This next part is VERY important. When exchanging your USD for ETH (or ETH to USD), make sure to use the Pro version of the exchange to get the best exchange rates and fees. If you don't do this, you'll get absolutely wrecked for... Source: over 3 years ago

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Alternatives to Splitwise and Coinbase Pro

When comparing Splitwise and Coinbase Pro, you can also consider the following products.

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