Coinbase is currently one of the most trusted and popular cryptocurrency exchanges out there right now. We personally have been using this particular crypto exchange for several years now. We find the services offered, the fees, and everything in between to be excellent.
That being said, if you are looking for an exchange to buy and sell Bitcoin, as well as other cryptocurrencies, there are probably some things which you would like to know about this Coinbase crypto exchange.
Well just for a quick overview, this exchange currently services over 20 million customers in 42 countries worldwide, and those numbers are still growing.
Of course, the company is fully regulated and licensed, and as far as funding goes, has to this day raised over $400 million from investors. Today we are here doing a comprehensive Coinbase review to show you exactly what this cryptocurrency exchange is all about.
One of the most important things you would probably like to know about is what kinds of services Coinbase offers, so let’s talk about the most popular ones right now.
The main service offered by this particular exchange is a brokerage service. In other words, this is a place when you can easily and reliably buy and sell cryptocurrencies. This service has a really crisp user interface that is easy to navigate, making it ideal for first time Bitcoin and crypto buyers.
Besides a simple way to buy and sell cryptocurrencies, Coinbase Pro is a way for users to trades cryptocurrencies. Simply put, this is a crypto trading platform. Using this service, you can trade various coins including Ethereum, Bitcoin, Litecoin, and more.
The fees for trading are much lower than with the brokerage service, plus there are tons of advanced features too. However, be sure to note that this Pro trading platform is intended for more advanced and seasoned veterans.
Something else which Coinbase offers to all of its members is a cryptocurrency wallet. This wallet is a mobile wallet available on both Android and iOS, and it allows you to store your private key on your device. This is often considered to be one of the most secure and safe crypto wallets on the market at this time.
Coinbase also offers merchant solutions, which means that online companies and retailers can no set up payment gateways which accept Bitcoin and other crypto coins as forms of payment.
Another thing which you would probably like to know about this Coinbase exchange is what kind of cryptocurrencies it lets you deal with. The following is a comprehensive list of all crypto coins available for buying and selling here.
- Bitcoin Cash
- Stellar Lumens
- Ethereum Classic
- USD Coin
- Basic Attention Token
Coinbase Payment Methods
If you want to buy BTC or other crypto, you will of course need to pay for them, and here is how you can do so with this particular exchange.
- Credit Card
- Debit Card
- Wire Transfer
- PayPal (Withdrawal Only)
Something else worth mentioning about the Coinbase exchange is that it is currently one of the most trusted and reputable online exchanges in terms of privacy and security. One of the main benefits you get with this service, whether it’s the exchange, the wallet, or anything in between, is that the company has taken extraordinary security measures to ensure the safety of all users. Simply put, personal and banking information is safe with the Coinbase crypto exchange, one of its biggest benefits in fact.
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Alright, so as is the case with all exchanges out there, nothing is free, and yes, Coinbase also charges users fees for various activities. Here is an approximate breakdown of the fees which you may encounter here. Keep in mind that this is just a general overview, but it does get a little more complex than this.
- There is a flat transaction fee on transactions under $200. This is usually 1.49%, but for credit card buys may be as high as 3.99%.
- Coinbase Pro has a market price of +0.5%.
- ACH transfer does not cost money when depositing, but all other deposits cost $10.
Coinbase Accepted Countries
You are probably wondering in which countries this Coinbase exchange operates in, and therefore whether or not your country is accepted. The following is a comprehensive list of Coinbase’s accepted countries.
- South Africa
- Hong Kong
- South Korea
- New Zealand
- Czech Republic
- Isle of Man
- San Marino
- United Kingdom
- Cayman Islands
- Costa Rica
- Dominican Republic
- El Salvador
- Trinidad and Tobago
- United States
- British Virgin Islands
Coinbase Review – Final Thoughts
All in all, Coinbase is currently an extremely trusted and popular crypto exchange with tens of millions of users worldwide. Most people enjoy the high level of security and encryption which Coinbase brings to the table, as it is regarded as an extremely safe and secure exchange.
With several payment methods offered, a wide variety of cryptocurrencies to buy and sell, a secure wallet, a pro trading platform, and more, this company offers cryptocurrency traders everything they need.
The fees are not the best in the world, but still low enough to be considered acceptable. Coinbase is the type of exchange that offers services ideal for newbie traders, for seasoned trading veterans, and for businesses too. When it comes down to it, we would absolutely recommend this Coinbase crypto exchange for all of your cryptocurrency trading needs.
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IMPORTANT: If you have any questions, issues or you experience any problems please email us and we will be glad to assist you. Our contact customer support email is: firstname.lastname@example.org. If you register with this service from our website then you will always have our full free support in case you run into any issues or problems. Remember that you are not alone, with us you will always be safe!
To date, we have settled close to 2,000 trading disputes and we will not stop until we put every last scam out of business! If you have been cheated out of money or scammed by any fraudulent trading service, we encourage you to reach out to our complaint center for free help. If you need help, we will provide it for you!
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