Bitfinex vs Coinbase
November 2026 — Side-by-side comparison of fees, volume, liquidity, traffic, and composite score
| Metric | Bitfinex | Coinbase |
|---|---|---|
| Volume | ||
| Score (0–100)↕ | 79 | ★97 |
| Volume 24h↕ | $283.74M | ★$1.91B |
| Volume 7d↕ | ★$19.68B | $1.37B |
| Volume 30d↕ | ★$103.51B | $85.43B |
| 24h Change↕ | +89.75% | ★+173.57% |
| Fees | ||
| Maker Fee↕ | ★0.00% | 0.60% |
| Taker Fee↕ | ★0.00% | 1.20% |
| Market Depth | ||
| Avg Liquidity↕ | 580 | ★765 |
| Trading Pairs↕ | 209 | ★519 |
| Coins Listed↕ | 96 | ★411 |
| Traffic | ||
| Weekly Visits↕ | 67.7K | ★3.88M |
| Traffic Score↕ | 806.1 | ★885.1 |
| Info | ||
| Fiat Currencies↕ | ★4 currencies | 3 currencies |
| Founded↕ | ★2012 | 2014 |
| Type | CEX | CEX |
| Rank↕ | #42 | ★#3 |
Fee Comparison
Base tier · Tier 0| Fee Type | Bitfinex | Coinbase | Winner |
|---|---|---|---|
Maker Fee | 0.000%cheaper | 0.600% | Bitfinexlower fee |
Taker Fee | 0.000%cheaper | 1.200% | Bitfinexlower fee |
| Spread (Taker − Maker) | 0.000% | 0.600% |
Disclaimer: Base-tier rates (Tier 0) without VIP, volume, or token discounts. Negative maker fee = rebate (you earn it). Always verify on official fee pages.
Bitfinex
Green = supported by all compared exchanges (3 shared)
Coinbase
Green = supported by all compared exchanges (3 shared)
About Bitfinex
Bitfinex is a veteran cryptocurrency exchange, established in 2012, making it one of the longest-running platforms in the digital asset space. Owned and operated by iFinex Inc., the exchange is registered in the British Virgin Islands. It was founded by Giancarlo Devasini and Raphael Nicolle, with its headquarters located in New Taipei City, Taiwan. Bitfinex positions itself as a centralized exchange (CEX) catering primarily to professional traders and institutional investors, offering a robust platform designed for high liquidity and advanced trading functionalities. Its long operational history has contributed to its reputation as a significant player in the cryptocurrency market. Regarding its product offerings, Bitfinex provides a comprehensive suite of services. Users can engage in **spot trading** across a wide array of cryptocurrencies. The platform is particularly known for its extensive **derivatives trading** options, including futures, options, and perpetual contracts, allowing traders to speculate on future price movements. **Margin trading** is a prominent feature, enabling qualified users to trade with leverage, often up to 10x, facilitated by its peer-to-peer margin funding system. Bitfinex also supports **staking** for various cryptocurrencies, allowing users to earn rewards by holding assets on the platform. While the search results did not explicitly mention an NFT marketplace or copy trading features, the platform's focus remains on advanced trading and investment tools. It also offers paper trading for users to test strategies in a simulated environment. Bitfinex boasts a substantial selection of **trading pairs and cryptocurrencies**. The platform supports a wide array of digital assets, with reports indicating over 270+ cryptocurrencies and approximately 350 to 460 trading pairs. This extensive selection includes major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL), Litecoin (LTC), and XRP, alongside numerous altcoins, providing ample opportunities for diversification and strategic trading. In terms of **fees**, Bitfinex has recently adopted a highly competitive structure. As of late 2025 and early 2026, the exchange implemented a **zero trading fee** model for all maker and taker activity across spot, margin, derivatives, and securities trading. This initiative aims to attract a broader user base by eliminating volume requirements, token holdings, or VIP tier conditions for fee waivers. While cryptocurrency deposits are generally free, fiat deposits incur a fee, typically 0.100% with a minimum fee of 60 USD/Euro, depending on the currency. Withdrawal fees also apply, varying by asset and method. **Security and regulation** are critical aspects for any exchange, and Bitfinex has a mixed but evolving record. The platform implements robust security features, including storing approximately 99.5% of customer funds in **cold storage** (offline wallets) to minimize exposure to online threats. **Two-factor authentication (2FA)** is mandatory for enhanced account protection, safeguarding logins, withdrawals, and API key creation. Bitfinex has faced notable security incidents in its history, most prominently the 2016 hack where a significant amount of Bitcoin was stolen. This event led to substantial changes in its security protocols and a commitment to improving user asset protection. While specific regulatory licenses were not detailed in the snippets, the exchange operates under the regulatory framework of the British Virgin Islands and has faced scrutiny from US regulators, leading to restrictions for US users. Bitfinex's **global reach** is extensive, serving a wide international user base. However, it has significant **restrictions for users in the United States**, stemming from regulatory actions by the CFTC and the New York Attorney General, which led to the platform ceasing services for US individuals. The exchange supports several major **fiat currencies** for deposits and withdrawals, including the US Dollar (USD), Euro (EUR), Pound Sterling (GBP), and Japanese Yen (JPY). Payment methods typically involve bank transfers for fiat, alongside various cryptocurrency deposit options. For users on the go, Bitfinex offers a dedicated **mobile application** for both iOS and Android devices, allowing for comprehensive account management and trading. The app supports spot trading, futures trading, margin trading, and staking, providing a seamless experience comparable to the desktop platform. For **algorithmic traders**, Bitfinex provides robust **API availability**, including both REST and WebSocket APIs. This allows developers to build custom trading solutions, integrate with trading bots, and deploy live trading algorithms, catering to the needs of advanced and automated trading strategies. Bitfinex's **unique selling points** primarily revolve around its advanced trading environment and commitment to liquidity. Its long-standing presence in the crypto market, coupled with a focus on professional traders, distinguishes it from many newer exchanges. The recent implementation of zero trading fees across various products is a significant competitive advantage, making it attractive for high-volume traders. The platform's extensive range of derivatives and margin trading options, supported by a peer-to-peer funding system, offers sophisticated tools for experienced users. Despite past security challenges, Bitfinex has continuously invested in enhancing its security infrastructure and transparency, aiming to rebuild trust and maintain its position as a leading exchange for serious cryptocurrency participants.
Full profile →About Coinbase
Coinbase Advanced, often referred to as Coinbase Exchange, is the sophisticated trading platform offered by Coinbase, a prominent cryptocurrency company founded in 2012 by Brian Armstrong and Fred Ehrsam. Initially headquartered in San Francisco, California, Coinbase transitioned to a remote-first company in May 2020. As a centralized exchange (CEX), Coinbase Advanced is positioned as a robust environment for active traders, providing enhanced tools and lower fees compared to the standard Coinbase platform. It aims to cater to users seeking more control and detailed market insights for their trading activities. The platform offers a comprehensive suite of products and features designed for serious cryptocurrency traders. Its core offering is spot trading, supporting over 550 spot pairs with deep liquidity and real-time order books, facilitating efficient execution of trades. While the snippets indicate an exploration of derivatives, specific details on futures, options, or perpetuals are not extensively highlighted for Coinbase Advanced itself, though Coinbase as a broader entity may offer them. Margin trading is not explicitly mentioned as a feature of Coinbase Advanced. The platform does offer earn products, exemplified by 3.50% USDC rewards, providing users with opportunities to generate passive income on their holdings. It integrates interactive TradingView charts for in-depth technical analysis and supports advanced order types, including limit, market, and stop-limit orders, empowering traders with precise control over their strategies. An NFT marketplace and copy trading features are not explicitly associated with Coinbase Advanced in the provided information. Coinbase Advanced boasts an extensive selection of trading pairs, exceeding 550 spot pairs, and supports a wide array of cryptocurrencies, with Coinbase generally supporting over 250 major digital assets. This broad offering allows traders to diversify their portfolios and engage with a significant portion of the crypto market. The fee structure on Coinbase Advanced is tiered, based on a user's 30-day trailing trading volume across all order books. Maker fees can be as low as 0.0%, and taker fees can be as low as 0.0%, with general ranges often cited as ≤ 0.4% for makers and ≤ 0.6% for takers. This tiered system effectively creates VIP tiers, rewarding higher volume traders with reduced costs. While specific zero-fee promotions are not detailed, the competitive fee structure itself serves as a significant incentive. Security and regulation are paramount for Coinbase Advanced. Coinbase, Inc. holds various regulatory licenses, including a money transmitter license from the Virginia State Corporation Commission and the BitLicense from the New York Department of Financial Services, obtained in 2017. More recently, as of June 2025, Coinbase secured a Markets in Crypto Assets (MiCA) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF), underscoring its commitment to regulatory compliance in key global markets. The platform employs robust security features, including cold storage for the vast majority of customer cryptocurrencies and mandatory two-factor authentication (2FA) to protect user accounts. Coinbase also maintains a policy of holding customer assets 1:1, enhancing trust and solvency. No notable security incidents were highlighted in the provided information. In terms of global reach, Coinbase Advanced serves users worldwide, including those in the United States. Coinbase is actively expanding its international footprint, evidenced by its recent partnership with Standard Chartered to broaden global multi-currency funding rails. This initiative aims to support a wider range of fiat currencies and payment methods, including AUD, SGD, CAD, CHF, EUR, GBP, and USD, facilitating easier access and withdrawals for a diverse global user base. The platform is accessible through the Coinbase mobile application, providing on-the-go trading capabilities, though specific details on the mobile app's advanced features were not extensively covered. For algorithmic traders and developers, Coinbase Advanced offers a dedicated API, known as the Advanced Trade API, which supports programmatic trading and order management via a REST API and WebSocket protocol for real-time market data. Coinbase Advanced distinguishes itself from competitors through several unique selling points. Its primary advantage is offering significantly lower trading fees compared to the standard Coinbase platform, making it more cost-effective for frequent traders. The integration of professional-grade tools, such as interactive TradingView charts and advanced order types, provides a superior trading experience. Furthermore, its deep liquidity ensures efficient trade execution, while its best-in-class security measures, including cold storage and regulatory compliance across multiple jurisdictions, instill confidence in its users. The absence of subscription fees further enhances its appeal, allowing traders to access advanced functionalities without additional recurring costs. These attributes collectively position Coinbase Advanced as a compelling choice for experienced cryptocurrency traders seeking a reliable and feature-rich platform.
Full profile →Bitfinex vs Coinbase — November 2026 Analysis
This comparison uses ExchangeRank's composite scoring algorithm to evaluate exchanges across six dimensions: 24h trading volume (28%), weekly visitor traffic (29%), traffic quality (14%), effective liquidity (15%), number of trading pairs (6%), and volume consistency over 7 days (8%). Fee data is sourced from official exchange fee schedules (base-tier, Tier 0).
Coinbase leads with 9 metric wins in November 2026. For a full breakdown of the ranking methodology, see our methodology page.