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ZenGo VS Coinbase

Compare ZenGo VS Coinbase and see what are their differences

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ZenGo logo ZenGo

ZenGo is the first keyless bitcoin and cryptocurrency wallet — the most simple and secure way to manage your crypto assets.

Coinbase logo Coinbase

Bitcoin, safe and easy.
  • ZenGo Landing page
    Landing page //
    2023-10-18
  • Coinbase Landing page
    Landing page //
    2018-09-30

ZenGo features and specs

  • User-Friendly Interface
    ZenGo offers a simple and intuitive interface that makes it easy for both beginners and experienced users to navigate and manage their cryptocurrency assets.
  • No Private Key Vulnerability
    ZenGo uses a keyless security model that eliminates the risk associated with private key management by employing advanced cryptographic techniques.
  • Biometric Security
    The wallet supports facial recognition for secure and convenient access, adding an extra layer of security to your assets without relying on traditional passwords.
  • 24/7 Customer Support
    ZenGo offers round-the-clock customer support, providing assistance to users whenever they encounter issues or have questions about their wallet.
  • Multi-Currency Support
    ZenGo supports a wide range of cryptocurrencies, allowing users to store and manage multiple types of digital assets from within a single platform.

Possible disadvantages of ZenGo

  • Non-Custodial Only
    While ZenGo's non-custodial nature provides increased control over assets, it might be intimidating for users who prefer traditional custodian services for an extra sense of security.
  • Limited Advanced Features
    ZenGo lacks some advanced trading and analytical features that more experienced cryptocurrency users might expect from a digital wallet.
  • Dependence on Device Security
    As the wallet relies heavily on biometric authentication and device security, users could be at risk if their devices are compromised.
  • Geographic Restrictions
    Certain features or services offered by ZenGo may not be available in all regions, limiting accessibility for some users.
  • Fee Structure
    ZenGo's fee structure can sometimes be higher than traditional wallets, particularly for transactions, which might discourage frequent trading or transferring of assets.

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.

ZenGo videos

+ Add

Zengo Crypto Wallet Review - Why you shouldn't use Zengo

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  • Review - ZenGo bitcoin/crypto wallet review...
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Coinbase videos

+ Add

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

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  • 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?

Category Popularity

0-100% (relative to ZenGo and Coinbase)

ZenGo

Coinbase

Cryptocurrencies
2 2%
Cryptocurrencies
98% 98
Cryptocurrency Wallets
5 5%
Cryptocurrency Wallets
95% 95
Crypto
2 2%
Crypto
98% 98
Cryptocurrency Exchange
3 3%
Cryptocurrency Exchange
97% 97

User comments

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

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

ZenGo Reviews

Top 10 Best Bitcoin Wallets of 2021
ZenGo is the first keyless cryptocurrency wallet, making it the easiest and safest way of storing, buying, trading, tracking, and earning crypto. ZenGo uses advanced cryptography to remove the private key without lessening your security or your control over your crypto. Website: www.zengo.com
Source: medium.com
20 BEST Bitcoin Wallets | Top Crypto Wallets in 2021
ZenGo is the first keyless cryptocurrency wallet, making it the easiest and safest way of storing, buying, trading, tracking, and earning crypto. ZenGo uses advanced cryptography to remove the private key without lessening your security or your control over your crypto.
Source: www.guru99.com

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 ZenGo. While we know about 454 links to Coinbase, we've tracked only 6 mentions of ZenGo. 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.

ZenGo mentions (6)

  • How do you store seed phrases?
    ZenGo wallet , they also have a built-in firewall to protect NFT from scams. https://zengo.com/. Source: about 2 years ago
  • First purchase with Banxa (up to $200) or $10 cashback: Download ZenGo on app store and google play: Referral: ZENFZ6L2 The most secure crypto wallet: Self-custodial, no seed phrase vulnerability. Powered by #MPC 💪 http://zengo.com
    First purchase with Banxa (up to $200) or $10 cashback: Download ZenGo on app store and google play: Referral: ZENFZ6L2 The most secure crypto wallet: Self-custodial, no seed phrase vulnerability. Powered by #MPC 💪 http://zengo.com. Source: over 2 years ago
  • There are more software wallets than MetaMask
    ZenGo: An interesting approach to account safety with no private keys. Not much experience with it but I like the exploration of alternatives to seed phrases. Source: over 2 years ago
  • need help
    I was very pleased with my little experience with ZenGo wallet. Source: over 2 years ago
  • Time for Crypto Caution: Only buy BTC & ETH
    The Zengo wallet looks interesting too but I am not familiar with the MPC tech: https://zengo.com/. Source: over 2 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 ZenGo and Coinbase, you can also consider the following products

Trust Wallet - Trust - Ethereum Wallet

Binance - Cryptocurrencies exchange platform

Enjin Wallet - Safe, fast & feature-packed crypto collectible wallet.

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

Rainbow Wallet - Rainbow Wallet is a digital wallet that helps you manage your crypto assets in a breeze.

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

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