Crypto Currency ResourcesFREE Bitcoin - Coinbase
FREE Stock - Robinhood
FREE $50 - eToro
FREE Picoin Mining - Picoin
Buy Sell Trade Crypto - Coinmama
Buy Sell Trade Crypto - Binance
Earn Crypto Interest - Blockfi
Auto Trading Bot - Cryptohopper
FREE Tax Report - CryptoTader.Tax
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
🛒 Robinhood & Coinbase Alternatives 👉 https://guy.coinbureau.com/robinhood-coinbase-alternatives/
👕 Check Out My Merch 👉 https://store.coinbureau.com
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/
📺 How enhance exchange security 👉 https://www.youtube.com/watch?v=fiw5rp3zoo0
– TIMESTAMPS –
2:03 Who are They?
6:02 Country Support
7:27 Supported Assets
12:05 Deposit Methods
14:15 Trading Fees
16:22 Trading Experience
18:18 Customer Support
19:17 Final Thoughts
⛓️ 🔗 Useful Links 🔗 ⛓️
► Sign up to Robinhood: https://robinhood.com/us/en/
► Try Coinbase: https://guy.coinbureau.com/r/coinbase
► Available cryptos Robinhood: https://robinhood.com/us/en/support/articles/commission-free-cryptocurrency-investing/
► Supported assets Coinbase: https://help.coinbase.com/en/coinbase/supported-crypto.html
► Coinbase accepted countries: https://www.coinbase.com/places
❓ Who are Robinhood & Coinbase? ❓
Coinbase was founded back in 2012 and is one of the most well established crypto exchanges out there. They even got listed on the US stock market this year too.
But how popular is Coinbase? Well, they have over 56 million users, trusted by over 8,000 institutions and log $335 billion in quarterly trade volume.
Coinbase does have an office in San Francisco. However, they have transitioned to a remote-first company over the last year. Despite that, the exchange holds a plethora of licenses
Robinhood was founded in 2013 and this mobile-only broker raised a crazy $5.6 billion in funding. Like Coinbase, they recently launched their IPO.
They are headquartered in California and are a FINRA-regulated broker-dealer. Robinhood are also registered with the U.S. Securities and Exchange Commission
Robinhood’s crypto product also appears to be wildly popular with 9.5 million people using the app to trade crypto in Q1 of this year.
🌎 Country Support 🌎
Robinhood only accepts US users right now. Those based outside of the US will be glad to know that Coinbase accepts over 100 countries and people in every US State except Hawaii.
💪 Supported Assets 💪
In short, Robinhood has a limited selection of just seven cryptos for trading. That includes Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Dogecoin, Ethereum Classic and Litecoin.
Coinbase has around 75 different cryptos on the shelves.
🔒 Security 🔒
Coinbase claims that not a single customer has lost funds due to a breach of the Coinbase or Coinbase Pro trading platform. This being said, users have been caught out by email account takeovers, SIM swap attacks and password breaches. That has led to some customers losing funds.
That’s why it is so important to take the security of your crypto exchange accounts seriously.
This being said, Coinbase does store 97% of user funds offline to protect against hacks. The other 3% is kept in insured hot wallets. Oh yes, USD cash balances for US residents are also covered up to $250k under FDIC insurance.
Robinhood also stores the majority of customer crypto offline in cold storage. I have not been able to find the exact percentage. However, Robinhood has crime insurance that protects a portion of the assets
They also have coin management security protocols in place, which means that coin transfers require authorization from a select group of people. This list is constantly changing and is not disclosed internally or externally.
💳 Deposit Methods 💳
Robinhood only supports ACH deposits. Coinbase supports bank transfer, PayPal, debit card and credit card. These methods are available on a country by country basis.
💰 Trading Fees 💰
At Coinbase you’ll be charged a spread of 0.5% for crypto buys and sells. On top of that, you’ll also be charged a flat fee based on the value of your trade.
Whereas on Coinbase Pro the max fee is 0.5% – so, I would use that instead.
Robinhood markets itself as commission free. However, there is a cost. Robinhood essentially adjusts market orders to limit orders and jacks up the buy orders by 1% and the sell orders by 5%.
📈Trading Experience 📈
Watch the vid for my thoughts on this.
🎧 Customer Support 🎧
Both platforms have had bad reviews when it comes to customer support. So, don’t expect to be blown away by incredible customer support here.
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#coinbase #robinhood #crypto #exchange #bitcoin
Forex Trading Systems for Newbies
Entering the turbulent world of the Foreign Exchange Market can be an intimidating step for the inexperienced trader, however by utilizing the power of Forex trading systems the amateur trader can remove much of the headache involved in this new found adventure. So, what exactly is a Forex trading system and more importantly, how and why does it benefit those seeking prosperity within the Forex market?Balance of Payments
Balance of payments is “the system of accounts that records a nation’s international financial transactions” (Cateora & Graham, 2007). When two companies trade internationally there are many different financial transactions that can take place between the two companies such monetary gifts, cash payments, and cash receipts. Without this system of accounts it would be nearly impossible for countries to keep track of all the transactions taking place on the international level.How to Achieve Unbeatable Success Over Competitors In Trading
A good trading software tool is a nice tool that can help you in this regard. It is extremely beneficial for people who have little knowledge about international currency markets, but want to invest in it.Selecting a Successful FOREX Platform
This article covers essential concerns when selecting a platform or broker. This is one key part of the FOREX trade that a trader needs to give adequate attention.Understanding Forex Market Trading
You hear foreign exchange rates being quoted every now and then. For the uninitiated, this is nothing but figures. To the experts, the fluctuations conjure different images – triumph or defeat – depending on how they interpreted the market.3 Things That Make People Lose Money in the Stock Market
A lot of people have a dream to invest in the stock market and make money. A lot of people are successful doing so, but many of them lose money in big time, because they don’t know how to invest money in the stock market and don’t understand the basics of investing in the stock market and thus lose in big time. The first big stumbling block that makes them a wrong decision about investing is a psychological problem.Effective Forex Trading Strategy That Works!
To be successful in Forex Trading, there are several effective strategies key to helping you earn big in forex trading. Many traders after a while tend to forget the simple basic rules they learn in Forex Trading. Let me share with you these simple yet important strategies that really work….Why a Currency Manipulation Law Will Not Work With China and Why It’s Just a Bad Idea
Many in Congress are all over the issue of China and currency manipulation, but I say to you that starting a trade war and sanctions over this issue is a dead-end, economically speaking that is and yes, Geithner is correct, it is a silly move, and completely politically motivated. Now, I don’t for one minute deny that China has manipulated its currency downward, refusing to allow it to float against the dollar. But whose idea was this originally?Becoming a Good Forex Trader
If you have a substantial savings in the bank, the interest your earn might not be what you can call a “good return on investment.” Although the money the bank is safe and easily accessible, a lot of people are looking at other means to help their money grow faster. A lot of financial institutions have greatly benefitted from this by offering various products that promises substantial returns. Still, some are wary of such packages, as it requires the money invested for a very long time and is not readily available.