3 Years of Experience with Coinbase

Need Technical Introduction ?

Coinbase is a well-known cryptocurrency exchange that makes it easy to buy, sell, and exchange cryptocurrency. Coinbase makes buying Bitcoin as easy as buying a stock through an online brokerage, but look out for the fees and poor customer service.

I’ll make this easy to understand with a Profs & Cons comparison

PROS AND CONS

Pros

• Easy to use for cryptocurrency beginners
• Support for a large number of cryptocurrencies
• Opportunities to earn cryptocurrency
• Lower pricing available with Coinbase Pro

Cons

• Potentially high transaction fees
• Customer service issues
• No access to trade many altcoins

Pros Explained

Easy to use for cryptocurrency beginners: The main Coinbase website and mobile app are very easy to use and allow you to buy, sell, and exchange cryptocurrencies quickly.
Support for a large number of cryptocurrencies: Coinbase currently supports over 100 currencies for trading, and the number grows regularly.
Opportunities to earn cryptocurrency: Earn interest on eligible balances, or get a small amount of a new currency through Coinbase Earn.
Lower pricing available with Coinbase Pro: Any user can switch to Coinbase Pro, an active trading platform with core features and low fees.

Cons Explained

High transaction fees: Transaction fees are often expensive on the primary Coinbase platform.
Customer service issues: Coinbase gets poor marks for customer service, including in the event of serious account security issues.
No access to trade many altcoins: While Coinbase supports an impressive list of currencies, many are missing.

Company History Book

Coinbase was founded in 2012 as a place to send and receive Bitcoin. The company has grown to support dozens of unique cryptocurrencies and has more than 2,700 employees worldwide.1 Coinbase is a decentralized company with no main headquarters.

Coinbase operates with users in more than 100 countries, and customers trade approximately $327 billion per quarter. Coinbase manages a robust cryptocurrency ecosystem supporting 9,000 financial institutions.1

Coinbase runs two separate trading platforms in addition to a standalone cryptocurrency wallet service. Between the suite of Coinbase products, you’re likely to find anything you need to start and manage a cryptocurrency portfolio or trading plan

What you can trade on Coinbase ?

Cryptocurrencies Available on Coinbase
Coinbase supports trading of over 100 cryptocurrencies and regularly puts new coins on the list. There are too many to list here, so here’s a glance at some of the most popular currencies on Coinbase.

• Bitcoin (BTC)
• Ethereum (ETH)
• Cardano (ADA)
  Solana (SOL)
  Polkadot (DOT)
  USD Coin (USDC)
  Dogecoin (DOGE)
  Uniswap (UNI)
  Litecoin (LTC)
  Shiba Inu (SHIB)
  Algorand (ALGO)
  Stellar Lumens (XLM)
  Polygon (MATIC)
  DAI (DAI)
  SushiSwap (SUSHI)

Free 10$ BTC for New Users

Signup to Coinbase & Buy 100$ worth any Crypto to get free 10$ worth BTC to your Coinbase Wallet.