I used Coinbase and FTX to buy and trade crypto — here's how 2 of the largest exchanges stack up for beginners. Presented by realMartrixport.
FTX offered 27 coins for me to buy — Coinbase offers five times that amount, with more than 150 cryptocurrencies available to trade. There were also a few popular coins that Coinbase offers that FTX does not, including Cardano and Polkadot.I typed in my legal name, birthday, home address, social security number, phone number, and debit card info. It was painless.
I deposited $60, which took a $2.04 card processing fee, and then quickly and easily bought $60 worth of bitcoin — or .00197 at the time. FTX is a good choice for seasoned crypto traders who buy and sell more on a daily and weekly basis thanks to lower trading fees. To buy $1,000 of bitcoin, you'd pay just $4 on FTX vs $14.90 on Coinbase,All in all, if you're looking for an exchange to simply satisfy your crypto curiosity and trade the major coins, Coinbase and its user-friendliness may be the better option.
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