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Home Platforms AQRU vs Coinbase Pro

Compare AQRU vs Coinbase Pro

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Definda Score™

The Definda Score is an impartial, objective analysis of platform features.
Savings Rates
4.9
Loan Rates
2
Established
1.6
Reviews
8
Risk Management
6
Withdrawals
6
Coverage
2.1
Support
6
Savings Rates
2
Loan Rates
2
Established
5.2
Reviews
9.3
Risk Management
2
Withdrawals
2
Coverage
2
Support
9
Savings Rates
4.9
Savings Rates
2
Loan Rates
2
Loan Rates
2
Established
1.6
Established
5.2
Reviews
8
Reviews
9.3
Risk Management
6
Risk Management
2
Withdrawals
6
Withdrawals
2
Coverage
2.1
Coverage
2
Support
6
Support
9

Pros & Cons

tick Simple, easy to use interface.
tick Competitive exchange rates.
tick Competitive interest rates for large deposits.
tick Clear ownership structure and regulatory status.
tick Run by strong, professional team.
tick No tiered savings rates. Rate applies to entire balance.
tick Unique AQRU Trend investment product
tick AQRU Ten makes it easy to diversify your crypto portfolio
tick Offers savings accounts but Coinbase Pro doesn't
tick Instantly buy crypto with fiat on AQRU but not on Coinbase Pro
tick Has email support but Coinbase Pro doesn't
tick High liquidity professional exchange
tick Deposits insured up to $100,000 USD
tick Reduced trading fees for high volume traders
tick Higher average review rating than AQRU (93% vs 80%)
tick More reviews than AQRU (196,043 vs 148 reviews)
tick Been in business longer than AQRU (Founded 2012 vs 2021)
tick Has less assets under management than AQRU
tick Pro exchange marketplace available on Coinbase Pro but not on AQRU
tick Has 24/7 support but AQRU doesn't
tick Has phone support but AQRU doesn't
tick Interface supports French, Argentinian-Spanish, Turkish, Polish, Brazilian-Portuguese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, German, Italian, Mexican Spanish, Thai, Chilean Spanish, Peruvian Spanish and Colombian Spanish whereas AQRU doesn't
Savings Rates
tick AQRU will pay interest on 3 stable coin deposits not offered by Coinbase Pro:
tick AQRU will pay interest on 2 crypto currency deposits not offered by Coinbase Pro:
1 more savings rates pro ...
cross High $20 fee for crypto withdrawls.
cross Limited number of coins supported.
cross Loans not available.
cross Need to manually fund savings accounts rather all deposits automatically earning interest.
cross Fully functional exchange is for advanced users only
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Withdrawals

Withdrawal Time
24 hours
Withdrawal Time
Withdrawal Score
6
Withdrawal Score
2
Withdrawals Experience

Crypto withdrawls on AQRU are not instant. They are processed daily at 2pm UTC. This means that if you make a withdrawl request at 3pm UTC you will have to wait until 2pm UTC the next day before it is processed. Once withdrawl requests begin processed at 2pm UTC they normally seem to complete by 3pm UTC in our experience.

If you have yoru funds invested in one of AQRU's investment products you will first need to withdraw your funds back in to your AQRU crypot wallet by selling the investment product. Only then can you make a withdrawl request to an external wallet.

Crypto withdrawls also attract fees. There is a $10 USD fee for Bitcoin withdrawls and a $20 USD fee for all other crypto withdrawls. There is no fee for fiat withdrawls.

There is no record of AQRU undertaking a blanket freeze of withdrawls across the platform. Some users have experienced delays in withdrawls as AQRU has been obliged to to ask further questions about the transfer to comply with its regulatory obligations.

Withdrawals Experience

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Risk

Risk Management Score
6
Risk Management Score
2
Risk Management

AQRU stores its uninvested crypto with a third party custodian, Fireblocks, which ensures that these funds are well protected against loss due to hacking and fraud. In addition AQRU has insurance of $30 million against crypto losses.

AQRU has implemented two factor authentication within it's app to increase security levels.

What remains unclear is AQRU's investment strategy that is uses to generate yield. AQRU launched with market leading interest rates on its savings accounts which suggests that a higher level of risk was being taken with its internal investment strategy. Having said this, AQRU has now significantly reduced its savings rates and AQRU has never frozen withdrawls or suffered any outage or loss of customer funds.

AQRU have stated that they lend funds to institutions in return for yield. AQRU states that they usually demand collateralisation on thse loans. The level of collateralisation is not stated, and it is concerning if some of their loans are not fully collateralised. Ideally they would be requiring well over 100% over-collateralisation on all loans so that in all circumstances AQRU holds sufficient assets to repay the loan in the event of a default by the borrower.

AQRU offers a blended stablecoin investment product. This product invests in USDC, DAI and some other stablecoins which are not stated. Diversifying the fund across a number of stablecoins reduces risk, but the lack of full transparancy means there could be some high risk coins included.

Some crypto platforms can provide proof of reserves prepared by a third party. This proof of reserves proves that the platform holds more assets than customer liabilities. AQRU does not currently provide proof of reserves, but hopefully this is something that they will look to implement in the future.

Overall, AQRU is a young platform backed by a solid, experienced team. They have a simple model and appear to be aiming for transparency. As the platform continues to grow we expect further reasurances on their investment strategy will be provided.

Risk Management

.

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Reviews

80% based on 148 reviews
93% based on 196,043 reviews
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Savings Rates

The table below compares the savings rates for AQRU and Coinbase Pro. Enter the amount you intend to deposit to get a more detailed comparison.
Stable Coins
DAI Dai
3% APY
3% APY
USDC USD Coin
7% APY
7% APY
USDT Tether
3% APY
3% APY
Crypto Currencies
BTC Bitcoin
1% APY
1% APY
ETH Ethereum
5% APY
5% APY
Loading rates ...
Stable Coins
Crypto Currencies
Loading rates ...
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Loans Rates

The table below compares the loan rates for AQRU and Coinbase Pro. Enter the amount you intend to borrow to get a more detailed comparison.
No loan rates found
Loading rates ...
No loan rates found
Loading rates ...
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Company

Legal name
AQRU Plc
Legal name
Coinbase Global Inc
Year founded
2021
Year founded
2012
Country incorporated in
42
Country incorporated in
2
Headquarters country
1
Headquarters country
2
Platform token
Platform token
USD Coin
Centralised
tick Yes
Centralised
tick Yes
Number of employees
Number of employees
4100
Number of users
Number of users
73,000,000
Total assets under management
$50,000,000USD
Total assets under management
$5,860,000,000USD
Withdrawal time in hours
24hours
Withdrawal time in hours
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Products

Savings accounts
tick Yes
Savings accounts
cross No
Loans
cross No
Loans
cross No
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
tick Yes
Fiat to crypto exchange
tick Yes
Pro exchange marketplace
cross No
Pro exchange marketplace
tick Yes
Peer to peer exchange
cross No
Peer to peer exchange
cross No
Margin trading
cross No
Margin trading
cross No
Corporate accounts
tick Yes
Corporate accounts
tick Yes
Instantly buy crypto with fiat
tick Yes
Instantly buy crypto with fiat
cross No
Integrated crypto wallet
tick Yes
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Fast account verification
tick Yes
Fast account verification
tick Yes
Futures exchange
cross No
Futures exchange
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Security

Insurance level
$30,000,000USD
Insurance level
Cold storage
Cold storage
tick Yes
Cold storage custodian
Fireblocks
Cold storage custodian
Two factor authentication
tick Yes
Two factor authentication
tick Yes
Loan over collateralisation percent
Over 100% over-collateralisation
Loan over collateralisation percent
Credit check
cross No
Credit check
cross No
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Support

24/7 support
cross No
24/7 support
tick Yes
Email support
tick Yes
Email support
cross No
Phone support
cross No
Phone support
tick Yes
Chat support
tick Yes
Chat support
tick Yes
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Fees

Maker fee
Maker fee
1%
Taker fee
Taker fee
1%
Exchange fees
0.35% flat rate
Exchange fees
Fiat deposit fee
tick Free
Fiat deposit fee
tick Free
Fiat withdrawal fee
tick Free
Fiat withdrawal fee
tick Free
Crypto deposit fee
tick Free
Crypto deposit fee
tick Free
Withdrawal process
Withdrawls are processed every day at 2pm UTC. Any withdrawl request prior to this time will have to wait until 2pm UTC before it is processed. In our experience withdrawls are completed within an hour after 2pm.
Withdrawal process
Withdrawal time
24 hours
Withdrawal time
Crypto withdrawal fee
$10 for bitcoin and $20 for other cryptos
Crypto withdrawal fee
tick Free
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Investment Strategy

DeFi products
tick Yes
DeFi products
Independent proof of reserves
cross No
Independent proof of reserves
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Registrations & Regulation

Know your customer
tick Yes
Know your customer
tick Yes
Regulators
Accru is registered as a Cryptoasset service provider with the Bulgarian National Revenue Agency. Accru has a pending application with the UK Financial Conduct Authority for approval as a crypto asset business
Regulators
Coinbase is licensed in most US jurisdictions, is registered as a money services business with FinCEN and is regulated by the FCA in the UK.
Bulgarian National Revenue Agency
tick Yes
Bulgarian National Revenue Agency
Connecticut - Money Transmitter License
Connecticut - Money Transmitter License
tick Yes
Georgia - Seller of Payment Instructions
Georgia - Seller of Payment Instructions
tick Yes
Idaho - Department of Finance - Money Transmitter License
Idaho - Department of Finance - Money Transmitter License
tick Yes
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
tick Yes
Kansas - Office of the State Bank Commissioner - Money Transmitter License
Kansas - Office of the State Bank Commissioner - Money Transmitter License
tick Yes
Maryland - Money Transmitter License
Maryland - Money Transmitter License
tick Yes
Minnesota - Department of Commerce - Money Transmitter License
Minnesota - Department of Commerce - Money Transmitter License
tick Yes
North Carolina - Money Transmitter License
North Carolina - Money Transmitter License
tick Yes
Nebraska - Money Transmitter License
Nebraska - Money Transmitter License
tick Yes
New Hampshire - Banking Department - Money Transmitter License
New Hampshire - Banking Department - Money Transmitter License
tick Yes
New Jersey - Money Transmitter License
New Jersey - Money Transmitter License
tick Yes
Ohio - Money Transmitter License
Ohio - Money Transmitter License
tick Yes
Oregon - Division of Financial Regulation - Money Transmitter License
Oregon - Division of Financial Regulation - Money Transmitter License
tick Yes
Puerto Rico - Money Transmitter License
Puerto Rico - Money Transmitter License
tick Yes
South Carolina - Money Transmitter License
South Carolina - Money Transmitter License
tick Yes
Tennessee - Money Transmitter License
Tennessee - Money Transmitter License
tick Yes
Washington - Money Transmitter License
Washington - Money Transmitter License
tick Yes
Mississippi - Department of Banking and Consumer Finance - Money Transmitter License
Mississippi - Department of Banking and Consumer Finance - Money Transmitter License
tick Yes
Alabama - Sale of Checks License
Alabama - Sale of Checks License
tick Yes
Alaska - Money Transmitter License
Alaska - Money Transmitter License
tick Yes
Arizona - Money Transmitter
Arizona - Money Transmitter
tick Yes
Arkansas - Money Transmission License
Arkansas - Money Transmission License
tick Yes
Delaware - Sale of Checks and Transmission of Money
Delaware - Sale of Checks and Transmission of Money
tick Yes
District of Columbia - Money Transmitter License
District of Columbia - Money Transmitter License
tick Yes
Florida - Money Transmitters Part II
Florida - Money Transmitters Part II
tick Yes
Iowa - Money Services License
Iowa - Money Services License
tick Yes
Louisiana - Money Transmitter License
Louisiana - Money Transmitter License
tick Yes
Maine - Money Transmitter License
Maine - Money Transmitter License
tick Yes
Michigan - Money Transmitter License
Michigan - Money Transmitter License
tick Yes
New Mexico - Money Transmission License
New Mexico - Money Transmission License
tick Yes
Oklahoma - DOB Money Transmission License
Oklahoma - DOB Money Transmission License
tick Yes
South Dakota - Money Transmitter License
South Dakota - Money Transmitter License
tick Yes
Texas - DOB Money Transmitter License
Texas - DOB Money Transmitter License
tick Yes
West Virginia - Money Transmitter License
West Virginia - Money Transmitter License
tick Yes
Colorado - Money Transmission License
Colorado - Money Transmission License
tick Yes
Kentucky - Money Transmission License
Kentucky - Money Transmission License
tick Yes
Nevada - Money Transmitter
Nevada - Money Transmitter
tick Yes
New York - Money Transmission License
New York - Money Transmission License
tick Yes
New York - Virtual Currency License
New York - Virtual Currency License
tick Yes
Pennsylvania - Money Transmitter License
Pennsylvania - Money Transmitter License
tick Yes
Rhode Island - Electronic Money Transfers
Rhode Island - Electronic Money Transfers
tick Yes
Rhode Island - Sales of Checks
Rhode Island - Sales of Checks
tick Yes
Vermont - Money Transmitter
Vermont - Money Transmitter
tick Yes
Virginia - Money Transmitter License
Virginia - Money Transmitter License
tick Yes
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Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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