Coinbase Review – The Crypto Solution Platform

Coinbase Exchange Review

Financial assets trading has evolved from a mere exchange of goods and services or an exchange of money to a more sophisticated and advanced money-making industry. The technological innovations and advent of the internet have revolutionized trading, such that traders and investors can execute a trade from any remote location of the world. While there are several methods of making money in the global economy, the financial market stands out as one of the most lucrative, durable, reliable, and a dependent avenue for wealth creation. Within the financial market trading circle, there are many trading products laden with profit potentials, which can make traders and investors in the market enjoy their desired financial freedom.

Key players in the financial market, including traders, investors, financial institutions and banks engage the financial trading market daily, with a common goal of making a profit. With several trading assets available in the financial market, the opportunity for producing high returns on investment is high. The trading instruments or products available in the financial market include foreign exchange (forex), bonds, commodities, stocks, indices, metals, and cryptos. Each of these trading instruments has several sub-categories of assets embedded in them.

Therefore, the financial market as an industry or sector is more prominent and broader than what an individual or entity can handle. It is projected that the financial market generates about $5 trillion daily. In reality, there is something for everyone, regardless of their trading experience and investment capability.

While some traders and investors prefer to focus on a particular asset class, others are comfortable with exploring the profit potentials of all available trading instruments. Regardless of your choice of a trading product, there are countless avenue and assets to make money. However, it is essential to understand the volatile nature of the financial market and the risk factor involved.

Therefore, all traders and investors in the market need the service of a broker or an exchange firm upon whose platform they can execute their trading activities. An exchange platform or broker serves as the intermediary between a seller and a buyer in the market. Although brokers and exchange firms are meant to be composed of experienced professionals who will guide their clients in the dynamic and technicalities of the market, the lucrative nature of the financial market has led to the emergence of several brokers, legitimate and scam brokers alike. The responsibility is on traders and investors who commit their funds and resources in the market to carefully and calculatedly choose a broker they want to invest with. 

There are salient factors and features that must be considered in the choice of an exchange platform. This includes 

• The success rate or track record of the platform.
• The unique services it provides
• The safety of its platform
• The review of other users

With the emergence and subsequent acceptance of Bitcoin as the first cryptocurrency, another profitable financial product was introduced into the market. The crypto industry has since expanded, and new crypto projects have emerged.

It should be noted that despite the abundance of reliable brokers in the financial market, only a few are experts in providing crypto services. Cryptocurrency is seen as the currency of the future. Thus, a lot of market traders and investors have embraced the digital currency and tapped into its profit potentials. Crypto transactions are executed daily, from buying to the selling of the virtual money. While some investors prefer to trade the digital asset, others just want to buy and store the cryptos for future use or other payment solutions. When it comes to trading and investing in cryptos, your choice of broker or exchange firm will determine how lucrative your investment will be. The type of crypto assets provided by the exchange firm will determine the limit of trading in financial and crypto products. Crypto assets involve but not limited to Bitcoin (BTC) Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH) Digital Cash (Dash) Monero, and more. Each of these crypto-assets has potentials for wealth creation. 

Buying and selling of cryptos also involve a careful process. Some crypto holders and investors have fallen into the hands of scam companies and individuals in the process of buying digital assets. Therefore, being vigilant means pitching your tent with a trusted, reliable, legitimate, ethical and dependable exchange.

Although a number of exchange platforms exist in the crypto industry, Coinbase stands out from the rest. The exchange has a proven track record in terms of quality service delivery, competence and professionalism with crypto traders and investors. Here is an unbiased review of coinbase.com to help you make smart and calculated investment decisions.

EXCHANGE/COMPANY	Coinbase
WEBSITE	www.coinbase.com
LOCATION	San Francisco, USA
FOUNDERS	Brian Armstrong and Fred Ehrsam
USERS DATABASE	Over 30 million
VALUE OF CRYPTOS EXCHANGED	$150 billion+
ASSETS IN COINBASE CUSTODY	Over $7 billion
COUNTRIES REACH	Over 100 countries
EMPLOYEES DATABASE	Over 1000
CUSTOMER SUPPORT	Email, Telephone, Help center, and Mailing Address
SOCIAL	Facebook, Blog, and Twitter
EDUCATION AND TRAINING RESOURCES	Buy Bitcoin, Buy Bitcoin Cash, Buy Ethereum, Buy Litecoin, etc.
CRYPTO TRADING PLATFORM	Coinbase Pro
CRYPTO WALLET	Coinbase mobile wallet (Android and iOS)
SUPPORTED COUNTRIES	Over 100 countries. North America (18), South America (8), Europe (41), Asia (20), Australia (2), and Africa (13)
PAYMENT METHODS	Credit cards, debit cards, cryptos, PayPal, and wire transfer
ADDITIONAL SERVICES	USD Coin (USDC), Coinbase  Earn.com, Coinbase Wallet, Coinbase Ventures, Coinbase Commerce, and Coinbase Custody
REGULATIONS	Know Your Customers (KYC) and Anti-Money Laundering (AML)
SUPPORTED COINS	Bitcoin (BTC) Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Tezos (XTZ), Cosmos (ATOM), Ethereum Classic (ETC), Dash (DASH), Zcash (ZEC), Augur (REP), Ox (ZRX), Stellar Lumens (XLM), Algorand (ALGO), etc.

Why Was Coinbase.com Established?

The easiest, dependable and honest platform to buy, sell and manage your cryptocurrency portfolio is the coinbase.com platform. Coinbase remains one of the most outstanding and popular crypto exchanges in the world. A simple search on the web will prove to you the credibility and reliability of this platform among crypto enthusiasts who buy and sell the digital asset. 

In 2012, the foundation for the establishment of Coinbase exchange platform was laid. Coinbase keyed into the idea of cryptocurrency as the future of money, and thus believe that anyone should be able to have secure access to Bitcoin and other cryptos from any location of the world. The emergence and acceptance of Bitcoin as a cash system in 2009 led to the creation of other crypto projects which has further widened the crypto industry, a catalyst for creating an open financial system around the world. The emergence and acceptance of Bitcoin as a cash system in 2009 led to the creation of other crypto projects which has further widened the crypto industry. Credibility has made over 35 million traders and investors in more than 100 countries of the world to trust the platform when it comes to everything cryptocurrencies. Coinbase has made it an effortless task to buy, sell, store, use, and earn cryptocurrency with safety.

A Quick Overview of Coinbase.Com

Coinbase values involve sharing information efficiently, improving collaboration and productivity. The exchange platform talks to people directly about issues, instead of concealing or choosing gossip. Hence, clients on its services enjoy unparalleled support. The support team of coinbase.com is available all round the clock to proffer solution to the clients’ queries and questions. 

The assets database of Coinbase cut across the different assets in the crypto industry including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Tezos (XTZ), Cosmos (ATOM), Ethereum Classic (ETC), Dash (DASH), Zcash (ZEC), Augur (REP), Ox (ZRX), and more. Each of these tradable assets has potentials for high profit for traders and investors.

Coinbase has several products and services on its platform. However, the most prominent of its services is the platform for buying and selling Bitcoin and other cryptos. The company has one of the best and fairest rates available in the crypto market. Originally designed to sell Bitcoin, the firm has metamorphosed into a bigger platform with additional and unique services for its clients. The company has been able to raise over $500 million from its investors across the globe. Therefore, credibility and financial solidity cannot be questioned.

 As a regulated and licensed company, Coinbase implements the strictest safety rules to protect the investment and information of its clients. Coinbase clients are required to verify their phone and personal information. Besides, the company implements the AML and KYC international security policies.

As a result of its secured and trustworthy platform, Coinbase offers wallet services for clients to store their digital assets with the utmost security. Its mobile wallet is available for users on Google Play and App Store for Android and iOS users, respectively.

Coinbase as a brokerage platform provides users with the ease of buying not just Bitcoin, but all forms of cryptocurrencies. The reputation and a user-friendly interface of the company have endeared a lot of beginners and experienced crypto traders and investors to its platform.

Another unique attribute of Coinbase is the availability of a crypto trading platform. Suitable for experienced users, Coinbase Pro enables users to trade crypto assets with several trading options. Payment on Coinbase is simple, easy and straightforward. The company accepts debit card, wire transfer, PayPal and cryptos for buying, selling, deposit and withdrawals.

The accountable and trustworthiness of its platform and value-oriented services has made the company to spread its tentacles across several continents in over 100 countries.

Coinbase Outstanding Services and Features

Unique Brokerage Service

The brokerage service of Coinbase is second to none, as the company’s main service is a brokerage for buying and selling cryptos in the market. As a professional and experienced platform, composed of seasoned crypto experts, the company understands the unique needs of every crypto user, trader and investor. Most crypto users in the market today, got their Bitcoin and other digital assets on the Coinbase exchange. Users of the platform find it convenient, simple, and effortless to buy, sell, and invest in digital currencies.

Ease of Account Opening

Crypto traders and investors often encounter the challenge of the complexity of some brokerage platforms. However, getting started ion Coinbase is easy and straightforward. To open an account on coinbase.com, you are only required to complete a simple registration form with your first name, last name, email, password, and agree to the user agreement policy. The platform is open to persons of 18 years of age and older. The next step to setting up your account is the verification of your identity by providing the necessary required documents. Meanwhile, there is also a provision for business or an institutional account on the Coinbase platform. 

Coinbase Customer Support and Help Base

Coinbase customer care team is composed of experienced and professional personnel. The customer care team is available all round the clock to provide support and solutions to the challenges of its clients. The company operates a phone support line, email support, and a mailing address. 

Besides, the platform has an extensive Help center, equipped with comprehensive answers. Some of the topics covered in the Coinbase Help include information on:

• Account opening and management
• Account verification and recovery
• General crypto education
• Trading and funding
• Sending or receiving cryptos
• Pricing and fees
• Taxes, reports and financial services
• Data privacy and account security
• Troubleshooting and tips, etc.

There is also an extensive knowledge base for all products on the Coinbase service, including Coinbase Wallet, Coinbase Commerce, Coinbase Custody, and Coinbase Pro.

Crypto Education and Training

One of the advantages of being a user of the Coinbase platform is that the company constantly updates and teaches you about cryptos and crypto-related subjects. Regardless of your knowledge of the crypto industry, the Coinbase educational resources can turn a novice to an expert within a short time. Topical topics in the training room include:

• What is cryptocurrency?
• What is Bitcoin?
• What is blockchain?
• How to buy Bitcoin
• How to buy Ethereum
• How to buy Bitcoin Cash
• How to buy Litecoin
• How to buy Ripple’s XRP

Likewise, the Coinbase blog is equipped with top-class, high-ranking articles, news, and updates.

Coinbase Range of Products

Coinbase provides multiple services to the crypto industry. The company has a wide range of products that users of the platform can enjoy. The Coinbase products are:

1. Coinbase: Brokerage and exchange service.
2. Coinbase Commerce: Coinbase merchant service
3. Coinbase Custody: Institutional storage solution
4. Coinbase Earn: Learn about cryptos and earn crypto tokens in your wallet
5. Coinbase Pro: Cryptocurrency trading platform for trading the digital assets
6. USD Coin (USDC): A Stablecoin by Coinbase, powered by Ethereum and backed by the USD for global transactions between people, businesses, and exchanges.
7. Coinbase Wallet: A secure mobile app to store crypto assets.
8. Coinbase Ventures: Coinbase investment in companies that are building the open financial system, such as BlockFi, Compound, Dharma, Etherscan, UMA, Bison Trails, Unlock, OpenSea, Instadapp, Cadence, Bitski, and more.

Multiple Payment Methods

Payment for Bitcoin and other cryptos purchased on Coinbase is easy and simple. The company accepts the following payment methods.

• Debit cards
• Credit cards (for existing cards on the platform)
• Wire transfer (USD, GBP, and EUR)
• Cryptocurrency
• PayPal (withdrawals only)
• Bank account (ACH and SEPA)

It should be noted that Coinbase no longer supports credit cards payment for new cards

Secured and Insured Platform

As a leading cryptocurrency platform, Coinbase uses the industry-leading security and insurance measures to protect and safeguard the crypto and personal information of its users. Besides, Coinbase implements the Know Your Customers (KYC) and Anti-Money Laundering (AML) security policies on its platform. Clients of Coinbase are required to verify their identity, by providing documents or information related to their name, address, telephone number, email address, date of birth, government-issued ID, and more. This measure is taken by Coinbase to combat money laundering, terrorist financing, fraud, or any other financial crime.

Likewise, the funds and cash of clients are maintained separately in pooled custodial accounts at one or more banks insured by the FDIC.

Coinbase Simple and Secure Mobile Wallet

Coinbase has a secure mobile wallet for users to store their cryptos in one place. This decentralized app can be used to manage your digital assets – tokens and collectables – by having total control of them on your device. The Coinbase wallet is the easiest and most secure crypto wallet. The crypto wallet app is available for download on Google Play Store for Android users, and the App Store for iOS users.

Coinbase Pro Trading Platform

Coinbase offers the most trusted crypto trading platform. The company offers individuals the ability to trade digital assets on a secure, user-friendly platform. Coinbase Pro ensures insurance protection of all digital assets in its online storage and offers a competitive fee structure.

This world-class trading platform offers an intuitive interface with charting tools, real-time order books, and more. Coinbase Pro provides direct access to the Coinbase Markets and allows users to trade several digital currencies such as BTC, XRP, LTC, BCH, and ETH.

Wider Acceptance and Support

Coinbase is available in 102 countries, spreading its services to all the continents of the world. Coinbase is available in the following continents:

• North America (18 countries supported)
• South America (8 countries supported)
• Europe (41 countries supported)
• Asia (20 countries supported)
• Australia (2 countries supported)
• Africa (13 countries supported)

Conclusion

Coinbase.com is a leading and global cryptocurrency platform with diverse, unique services and products. The platform is the best for new and existing crypto users, traders, and investors.