I am currently using Mycellium wallet and all the people around me use Coinbase and boast about how there are no fees,should i consider switching to Coinbase?
What is the difference between the both,which one would you recommend and which one do you use?
Mycellium is your personal, private and somehow pseudo-anonymous while coinbase is an online centralized wallet. On some level, you can even trade on Coinbase for different coins or cash. Each has their own advantages and disadvantages but veteran bitcoin users prefer to use a decentralized wallet because they can become their own bank. Using online wallet has a big risk. They certainly have your data, collect your transaction and if they suddenly disappear, they will go along with your money. That is the most dangerous thing can happen.
To me, I like to use Coinbase. I do not have much money and the Coinbase fee is undoubtedly cheaper than the overall fee