Swappas

A reference table of 31 crypto swap venues, scored on six axes. No affiliate links, no paid placement.

← Table

Coinbase

KYC required Custodial exchange

4.0/10 total

The largest US exchange and a public company, which means maximum regulatory compliance and minimum privacy. Easy fiat access and strong custody, at the cost of full identity disclosure and extensive transaction reporting.

Scores

No-KYC 0
Fees 5
Privacy 1
Custody 4
Record 9
Coverage 7

Weights are published in the method and applied identically to every entry.

For

  • Easiest fiat on-ramp in the US, publicly traded and audited
  • Strong institutional custody
  • Deep liquidity on major pairs

Against

  • Full KYC plus extensive reporting to tax and law enforcement
  • Default buy flow is expensive because of the spread
  • Has frozen accounts and restricted withdrawals to flagged addresses
  • No privacy coins

Agent access 5/10

Best-in-class agent tooling on paper: Base MCP launched May 2026 lets agents swap tokens and touch six DeFi protocols. It authenticates over OAuth 2.1 against a Coinbase account, so a KYC'd human must exist first.

Reported separately and not counted in the total. It measures what an autonomous agent can do unattended, not whether the service is safe to use.

Fees

0.05% – 0.60% taker, ~0.5% spread on simple buy

The Advanced Trade fees are reasonable. The default simple buy flow adds a spread that can widen toward 2% in volatile markets.

Specification

Type
Custodial exchange
KYC policy
KYC required
Custody model
custodial
Account required
yes
Assets
250+
Chains
20+
Operating since
2012
Jurisdiction
United States
Onion service
no
Works without JS
no
Open source
no
Facts checked
2026-07-31

Links

https://coinbase.com

Plain links, no referral parameters. Verify the domain yourself; phishing clones of every service in this table exist.