5 Reasons Why Voyager is Better than Coinbase

In this article, we will go through the top 5 reasons why we believe that the Voyager crypto exchange is better than Coinbase.

Coinbase and Voyager (formerly known as Ethos) have some similarities. Both of the exchanges offer easy access to cryptocurrency investing.

The most obvious difference is that Coinbase is a well-established leader in the industry while Voyager is an up-and-coming startup (that was co-founded by the former CTO of Uber).

But as you all know, the most popular alternative is not always the best. Let’s take a deeper look at the key differences between the platforms that show that Voyager is the better option for people looking to take advantage of what many experts believe will be a great year for cryptocurrencies.

Reason 1: Voyager has no commission fees

Voyager offers commission-free trading, while Coinbase charges anywhere from 1.49% to 3.99% per transaction.

While both platforms allow recurring investments, commission-free trading makes it a much more practical option because you’re not constantly having to pay high fees. This opens the door for a dollar-cost averaging investment strategy, which can help mitigate the risks and ensure the long-term profitability of investing in this volatile asset class.

Commission-free trading is also a huge benefit to anyone who wants to invest in small amounts or make a large number of investments, such as beginner investors or day traders.

Reason 2: Voyager pays you interest on the coins you own

Voyagers allows users to hold cryptocurrencies in their exchange wallet and earn passive income from the funds through interest. Voyager is one of the first cryptocurrency trading platforms to offer a benefit like this.

Each month, interest is paid to investors who maintain a minimum balance in their account.

The minimum monthly balance for Bitcoin is currently 0.01 BTC (~$100 USD) and the annualized interest rate is 3.5%.

They’re currently offering a 6% annualized interest rate on USD Coin (USDC), a stablecoin that is always worth exactly $1 USD. Using Voyager to invest in this coin could be a viable alternative to a more traditional money market account or CD because your money would steadily grow at a high-interest rate with minimal risk

They currently offer interest on 14 coins, the rates for June 2020 are shown in Figure 1 below:

Figure 1: Voyager crypto interest rates (source)

Reason 3: Voyager has a faster and more user-friendly sign-up process

Due to regulations in the U.S. and other countries, both platforms require you to go through a KYC (Know Your Customer) verification when signing up that asks for a picture of your face and ID.

With Voyager, accounts are usually approved within 10 minutes of submitting the KYC-documents.

Coinbase on the other hand has an automated system that theoretically should be faster, but over the years it has gained an infamous reputation for being glitchy and unreliable, leaving many eager investors waiting days for their accounts to be manually approved.

Voyager also allows investors to deposit funds into their account with a bank transfer and start investing immediately (even before the transfer has fully processed). So you can literally go from downloading the app to making your first purchase in 15 minutes. This is of huge benefit as many crypto investors want to deposit their funds quickly as the market moves fast and credit card deposits are expensive as credit card payment providers for crypto exchanges charges hefty credit card fees of up to 10%.

Reason 4: Voyager supports more coins

The supported coins of the exchanges are one of the most important factors one should consider before choosing one’s preferred crypto exchange. It is not unheard of with traders that have 10+ exchange accounts as the cryptos are listed in different exchanges.

Voyager currently supports 34 coins in the US:

  • Bitcoin
  • Ethereum
  • Ripple
  • Bitcoin Cash
  • Litecoin
  • EOS
  • Bitcoin Satoshi’s Vision
  • Stellar Lumen
  • Tron
  • Cardano
  • Monero
  • IoT Chain
  • Tezos
  • Dash
  • Atom
  • Ethereum Classic
  • NEO
  • BitTorrent Token
  • Ontology
  • Dogecoin
  • Basic Attention Token
  • 0x
  • Zcash
  • VeChain
  • Qtum
  • OmiseGo
  • DigiByte
  • ICON
  • Verge
  • Voyager Token (native exchange token)
  • USD Tether
  • USD Coin
  • TrueUSD
  • Chainlink

Coinbase currently supports 21 coins in the US:

  • Bitcoin
  • Ethereum
  • Ripple
  • Bitcoin Cash
  • Litecoin
  • EOS
  • Tezos
  • Stellar Lumens
  • Chainlink
  • Ethereum Classic
  • Dash
  • USD Coin
  • Cosmos
  • Zcash
  • Basic Attention Token
  • OmiseGO
  • 0x
  • Augur
  • Kyber Network
  • DAI
  • Orchid

Reason 5: Voyager offers a higher referral bonus

Referral bonuses are a great way to earn some extra crypto for free. As the competition between exchanges is fierce, many exchanges offer exclusive referral bonuses to onboard new customers on their platforms.

Voyager offers a bonus of $25 in free Bitcoin to both you and your friend when they sign up using your link and purchase crypto for $100.

Figure 2: Voyager referral program

Coinbase offers a similar referral bonus of $10 for purchasing crypto for $100. Considering the fact that Voyager has no commission fees and the bonus is worth $15 more than their competitor, Voyager is the obvious winner when it comes to the referral program.

When I signed up, the Voyager bonus hit my account in less than 24 hours after my first purchase.


Based on the information provided in this article, here is our conclusion for why Voyager is better than Coinbase for crypto investing/trading:

  • Coinbase charges 1.49-3.99% fees for every trade, while Voyager is 100% commission-free.
  • Voyagers allow you to earn up to 6% annual interest on your crypto, while CoinBase has no such option.
  • Voyager faster and more efficient signup- and KYC-process.
  • Voyager allows you to deposit with bank transfer and trade instantly before the bank transfer has fully processed, while with CoinBase you usually have to wait for 1-5 days for the funds to be available for trading.
  • Voyager has 34 listed cryptocurrencies available for trading while Coinbase supports 21 coins.
  • Voyagers referral program pay $25 when you refer new people to the exchange, while Coinbase pay $10.

If you’re interested in trying Voyager for yourself and would like to receive $25 in free Bitcoin after investing your first $100, download the app and start trading today! To claim your free Bitcoin, use the code 7URGGL or sign up with this link:

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