Post
Topic
Board Bitcoin Discussion
Re: Mycellium vs CoinBase?Whats the difference?
by
hulla
on 02/04/2021, 21:18:29 UTC
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?

I don't use any of the two wallets but I once use mycelium. However, it depends on what you actually want either the no fee for on-chain transactions provided by coinbase or having total control over your coin with privacy.
Coinbase is a custodial wallet, none privacy and they only provide you recovery phrase.
Mycellium is a noncustodial wallet you have 100% control of your holding.