BTC: $3,609.24 +3.24%
XRP: $0.31148 +1.25%
ETH: $94.43 +2.00%
MARKETCAP: $114,269,042,313
24H VOL: $14,056,570,041
BTC: 55%

GDAX vs Coinbase Exchange Comparison

GDAX vs Coinbase

What’s the Connection between GDAX and Coinbase

Before diving into the nitty-gritty of our GDAX vs Coinbase comparison, you should first know that these two websites are owned by the same company.

In 2012, Coinbase was established as a platform to help the average Joe enter the world of Bitcoin. Most of their competitors at the time (and honestly still today) offered cryptocurrency exchange platforms that scared off many newcomers. Coinbase created an easy and intuitive platform that could be used by anyone to buy, sell, and store bitcoin.

Following the success of this beginner-friendly platform, Coinbase set out to create a new one that catered to more advanced and institutional investors. In early 2015, the “Coinbase Exchange” was launched, before being rebranded to GDAX in 2016.

While today you can seamlessly connect your Coinbase and GDAX accounts, these two sites still function very differently. Both offerings come with their own advantages and disadvantages, which we’ll completely cover below.

Coinbase vs GDAX

Exchange

Coinbase Best Bitcoin Exchange Logo
Coinbase

GDAX Logo
GDAX

Beginner Friendly? Yes

Yes

No
No

Buy/Deposit Methods Debit & Credit Cards, Bank Transfers, Cryptocurrency Bank Transfers, Cryptocurrency
Sell/Withdrawal Methods PayPal, Bank Transfers, Cryptocurrency Bank Transfers, Cryptocurrency
Purchase Fees ~1.49 % via bank transfer


~3.99% via Credit/Debit Card

~0.25% or less
Mobile App mobile icon

Yes

No
Location San Francisco, California, USA San Francisco, California, USA
Trust Grade A+ A+
Customer Support Good Good
Review & User Guide

Coinbase Review

GDAX Review

Site

Visit Coinbase

Visit GDAX

Exchange Coinbase Exchange Logo Small Table
Coinbase

GDAX Logo Small
GDAX

Beginner Friendly? Yes

Yes

No
No

Buy/Deposit Methods Debit & Credit Cards, Bank Transfers, Cryptocurrency Bank Transfers, Cryptocurrency
Sell/Withdrawal Methods PayPal, Bank Transfers, Cryptocurrency Bank Transfers, Cryptocurrency
Purchase Fees ~1.49 % via bank transfer


~3.99% via Credit/Debit Card

~0.25% or less
Mobile App mobile icon

Yes

No
Location San Francisco, California, USA San Francisco, California, USA
Trust Grade A+ A+
Customer Support Good Good
Review & User Guide

Coinbase Review

GDAX Review

Site

Visit Coinbase

Visit GDAX

Platform Differences When Buying and Selling

As mentioned above, Coinbase is the beginner-friendly option of the two offerings.

When you place a buy or sell order on Coinbase, all that’s required is to enter the amount you want to buy or sell. The price and fees are clearly labeled before placing your order.

Coinbase Credit Card Buy 1

Rather than have you trade on an exchange with other users, Coinbase directly facilitates your order.

Coinbase also offers a mobile app with all the same features as the website.

Coinbase Mobile App Review

On GDAX, you’ll need to place an order on their exchange. This platform functions similarly to a stock exchange, matching buy and sell orders from users of the platform.

GDAX supports 3 types of orders; Market, Limit, and Stop.

  • A Market Order only requires you to enter the amount you want to buy or sell. This order will then be filled at the best available price offered by users on the other side of the order book.
  • A Limit Order requires you to choose both the amount you want to buy/sell and the price you’re willing to buy/sell at. Your order will only be filled if it can be matched with an order on the other side of the order book that’s willing to buy/sell at the price you specified.
  • A Stop Order allows you to place a buy or sell order that will execute once the cryptocurrency has reached a specified price. You’re required to enter the amount and stop price, but can also specify a limit price.

GDAX Exchange Platform Review

GDAX does not currently offer a mobile app.

Platform Differences for Storing Cryptocurrency

Coinbase offers the “Coinbase Vault” for improved cryptocurrency storage security. The Vault allows you to enable features including “Time Delayed Withdrawals” and “Multiple Approvers” to help protect your funds from malicious parties.

Coinbase Vault

GDAX does not offer a vault, but keep in mind you can transfer funds from your GDAX account to a Coinbase account.

While we recommend storing large amounts of cryptocurrency in hardware wallets, the Coinbase Vault is still a step up in security vs GDAX and many other exchanges out there.

Buy/Sell Payment Methods

In the battle of GDAX vs Coinbase, CB is the clear winner in payment methods for users looking to buy Bitcoin, Ethereum, or Litecoin with fiat currencies (USD, EUR, GBP, Etc.).

GDAX currently only offers the ability to deposit and withdrawal via bank transfers.

Coinbase allows users to buy cryptocurrency with bank transfers and credit cards. It also offers a sell method that GDAX does not, PayPal.

Fees

In the battle of fees, GDAX is the winner.

GDAX Deposit and Withdrawal Fees:

  • ACH Deposit: Free
  • ACH Withdrawal: Free
  • SEPA Deposit: €15
  • SEPA Withdrawal: €15
  • USD Wire Deposit: $10
  • USD Wire Withdrawal: $25

GDAX has a maker-taker trading fee structure, which you can learn more about here or in the image below.

GDAX Fee Schedule

Estimated Coinbase Fees:

  • Buy via Bank Transfer: 1.49%
  • Buy Via Credit/Debit Card: 3.99%
  • Sell via Bank Transfer: 1.49%
  • Sell via PayPal: 3.99%

Trust

Since these two sites are owned by the same company, their trust from the cryptocurrency community goes hand in hand.

The company has operated since 2012, has received over $200 million in venture capital funding, and is the world’s most popular way to buy and sell Bitcoin, Ethereum, and Litecoin.

It seems safe to say that the cryptocurrency community is generally happy with Coinbase and GDAX.

Coinbase vs GDAX: Which is Best for You?

For those of you wanting the easiest way to buy, sell, and store cryptocurrency, Coinbase is likely the option for you. It’s also the only option of the two if you’re wanting to use a debit or credit card to buy cryptocurrency.

If saving on fees is a large concern and you’re comfortable with using an exchange platform, then GDAX is probably the better choice.

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Stellar Stellar $0.12 +3.51%
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