Cash App Vs. Coinbase: Differences, Details, & Comparisons! (2023)

Initially, Cash App was just a means to transfer and receive funds. But very soon, it became possible to purchase Bitcoin through this app. This step was a great one for Cash App, but it gave life to new competitors, and one of them was and still is Coinbase.

Cash App and Coinbase are very similar in the purchase of Bitcoin, but few visible differences make one app better than the other. To get a clear picture of what these two are and how they work below is a deep analysis.


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Cash App vs. Coinbase Information

Cash App is a mobile-based funds movement service that allows receiving and transferring of funds through its app. This app is also called the Square Cash. It enables easy sending and receiving of money. Cash App, developed in 2009, is a medium through which users can like their bank accounts to the app or use a debit card to send or receive money directly.

On the flip side, Coinbase is a relatively new platform, established in 2012. Coinbase is a regulated platform and is looked after by USA regulations and laws. Coinbase is accountable to the USA’s money regulatory body. The presence of so many restrictions and compliance makes Coinbase a weaker candidate than all similar offshore platforms. However, despite all this strictness, Coinbase is one of the best platforms for exchanging cryptocurrency.


The above paragraphs explain the basics of both Cash App and Coinbase. Below is a list of some of the most important features that make one medium better than the other.

The Features


Cash App doesn’t charge its users as long as the standard method to deposit money is put underuse. In the case of the instant method, Cash App charges a 1.5% premium on the amount. Besides, Cash App charges a 2.75% premium on the amount received for business use and a 3% fee on credit card facility.

When it comes to the sale and purchase of Bitcoin, Cash App charges a 1.75% fee on any Bitcoin transactions. The fee charged can be divided into two categories. The first is the service fee, and the other is the fee based on exchange rate fluctuations in the USA.


However, the Coinbase fee structure tells another story. Coinbase isn’t free at all. It charges a 3.99% fee on all kinds of purchases. Also, shockingly, Coinbase charges a 1.49% fee for purchases through bank transfers.

After looking at the two channels’ fee structure above, it is safe to deduce that the Cash App is a cheaper option than Coinbase to buy Bitcoin.

Countries Availability

Cash App is sadly not available for international transactions. It is only available for the people of the UK, USA, and Canada. On the other hand, Coinbase is a popular service for users in Australia, Denmark, Finland, Canada, Netherlands, Monaco, UK, USA, Sweden, Switzerland, and many more.

Coins Availability

Cash App users can only purchase Bitcoin, but it’s a whole new option with Coinbase. Through Coinbase, users can buy Bitcoin or Bitcoin cash, USD coin, Zcash, 0x, Litecoin, Ethereum, and much more.


Cash App is an extremely secure medium when it comes to customer data and funds. It has some useful measures placed in the system to ensure convenience with security. Touch ID, Security Locks, PIN Entry, and Face ID are some of the most useful verification measures. Anything Bitcoin-related, for example, balance is safely hidden in Cash App’s offline system.

With Coinbase, safety is a priority too. Coinbase’s management keeps customer funds separate from company funds. This allows proper segregation to avoid any fraud. Moreover, Coinbase stores almost all cryptocurrency funds in a very safe offline storage. Lloyd’s of London insures all the cryptocurrency stored in the online storage.

Customer Support

Unfortunately, Cash App has a weak customer support system. Although it is just a click away through the app, the customer support isn’t solution-oriented and lacks communication skills. To sustain, Cash App should put an effort to build its customer support.

While Cash App lacks good customer support, Coinbase is famous for providing a stellar customer experience. It takes an email, and within 24 hours, a response is received.


Cash App is a slow platform when it comes to growth. This medium is primarily available for easy and instant money transactions. The purchase of Bitcoin is just an additional service. But that is not the case with Coinbase. Coinbase has formatted new services that cater to the use of cryptocurrency around the world. Some of the new services are Coinbase Prime and Coinbase Custody.

Pros and Cons

Cash App


  • No fee for standard transactions
  • Simple and easy to use, with all the basic features
  • Free debit card to spend funds available on the Cash App account
  • Accessible mobile-based app available for both iOS and Android users


  • No support for international transactions
  • Lacks a good customer support experience
  • Basic app with stagnant growth



  • Runs under regulations and laws 
  • Easy to use
  • Excellent customer support reputation
  • Accepts both debit and credit cards
  • Growing platform dealing with various services, different currencies, and users worldwide


  • Far more expensive than Cash App

Cash App Details

Coinbase Details

Final Thoughts For Cash App Vs. Coinbase

Both Cash App and Coinbase are revolutionary platforms that have brought a positive change in the cryptocurrency world. It is hard to choose which one is better than the other because it all comes down to what users prefer. Some customers look for mediums that are basic and easy, and applicable within a particular region such as the USA or UK. For such users, Cash App is the best option. It is also cheap and quick.

Coinbase, on the other hand, is for users who want to deal in cryptocurrency with other users around the world. It is much more controlled and authorized. Also, it provides many other services as well. In a nutshell, both mediums are great. In the end, it all comes down to what the customer wants.

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