Pros
Institutional Security: Assets are held 1:1
Payment Flexibility: Unique among exchanges for supporting PayPal deposits and purchases directly from PayPal balances
Advanced Trading Options: Offers significantly lower fees through Coinbase Advanced with maker fees at 0.4% and taker fees at 0.6% for monthly trading volumes under $10,000
Cons
Account Lockout Risk: Users frequently report being locked out of their accounts for extended periods
Basic Trade Premiums: The beginner-friendly Buy & Sell box charges up to 4% per transaction
Deposit Fee Structure: While ACH transfers are free, debit card transactions incur a 3.99% fee, and PayPal deposits cost 2.5%