Coinbase vs. Skrill

Coinbase is well suited to the beginning investor, or someone who wants to learn more about Crytpo. While not all forms of Crypto are available for purchase outside of Coinbase Wallet, the variety is great. Also, the way their graphs display performance over time is so convenient, we do not have to do excessive outside research, because Coinbase is great at keeping relevant information in one place.

Incentivized

What I like best about Skrill is that it allows me to conduct international transactions without having to go through cumbersome deposit and withdrawal processes. I can transfer money to anyone in the globe who has a Skrill account, and they may withdraw it to their bank account with ease. I can also instantly add and take funds from my Skrill account. When it comes to internet transactions, SKrill has been a huge assistance. Removing the most inconvenient process of forming banks online, transferring money that takes days to authenticate, and landing into the recipient's account with extra paperwork required to withdraw money from a bank account.

Incentivized

• Coinbase has a really nice looking design which offers for a better user experience.
• Coinbase is extremely easy to use.
• Coinbase does a great job delivering company news/changes to its users.
• Coinbase offers frequent updates which makes you feel more secure using their services.

Incentivized

• It is a global payment processor because it is accessible from everywhere.
• Manageable exchange rates make financial sense.
• Skrill does allow you to make purchases on European websites and send money outside of the United States.
• You should use Skrill for international money transfers

Incentivized

• The fees coinbase charges on top of the crypto networks are relatively high, compared to the rest of the industry
• Under load/high volume, the site and application become unresponsive
• Customer support is lacking. It's hard to talk to a human and get a real response to your questions/concerns. This is particularly irritating since we're dealing with money.

Incentivized

• Skrill needs full verification for big transactions. I think they should increase the limit.
• Users need to have a European residential address verified in order to get the MasterCard. This facility should be open worldwide.
• The currency exchange rates aren’t good in Skrill.

Incentivized

We ended up using Tipalti which seems to have solved our specific needs better, though it is more expensive.

Incentivized

The application and desktop versions are updated regularly and rarely experience down time.

Incentivized

Because it's simple to use, works well since we have first set it up and we never had any issues with it.

Incentivized

I haven't needed to contact support for Coinbase yet—it's probably because it is super easy to use and very intuitive. If I were to use the support, it would probably be better than these other companies because most of the other ones come from foreign markets or aren't as big as Coinbase.

Incentivized

Coinbase and robinhood both offer crypto trading and investing. Coinbase, however, also offers to stake along with sending and receiving crypto. It's also nice that Coinbase focuses on crypto rather than also offering the purchasing and selling of stocks. Coinbase also does a better job of trying to educate their users about each crypto and often offers free crypto with that education. I use Coinbase for crypto trading/purchasing for those reasons.

Incentivized

Skrill does an excellent job for the completion of monetary transactions abroad and it fares very well if I have to send a moderate amount of money. It offers zero transfer fees and a competitive exchange rate with ACH bank to bank transfers and fund transfers funded by debit card transactions.

Incentivized

• I have been interested in investing. But certain stocks are high. Cryptocurrency is open to whatever amount you have unlike stash or e-trader that only you a small amount to ownership
• I get the benefits to be educated on a few currencies and blockchains. They even give you a starting amount to get you trading
• To withdrawal, coinbase ask which currency to withdraw from. Then give a QR code to point at a bitcoin ATM or service.

Incentivized

• I can quickly deposit my international multi-currency account without making an expensive wire transfer, with no border restriction as long as I have the mobile app with me.
• Skrill is very convenient for each transfer amount up to EURO 2,500, and EURO 15,000/monthly.
• Possibility of hiring freelancers for my company with immediate payments.

Incentivized