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Coinbase

Coinbase was founded in 2012 in San Francisco, California. The digital currency platform exchanges BTC, BCH, ETH, ETC, ZRX, and LTC with fiat in 33 countries.
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Coinbase
US- ALLOWED
Buy, Sell, Trade, Margin

General Information

What should you know about this exchange?

Minimum Deposit

You can purchase or sell as little as 2.00 of digital currency denominated in your local currency ($2 or €2 for example).

Supported Fiat Currencies

USD, EUR, GBP, CAD, AUD

Overview

Coinbase was founded in June 2012 in San Francisco, California. The digital currency platform exchanges Bitcoin(BTC), Bitcoin Cash(BCH), Ethereum(ETH), Ethereum Classic(ETC), 0x(ZRX) and Litecoin(LTC) with fiat currencies in 33 countries. It also offers Bitcoin transaction and storage in over 190 countries. It is the world's largest Bitcoin Broker.

Coinbase offers debit card, credit card, wire transfer, Xfers transfer and SEPA transfer as payment methods. Users must provide personal details and full identity verification to use the exchange. A government issued photo-ID is also required to make payments using a credit card. Coinbase offers very high limits due to its extensive know your customer (KYC) process. TCoinbase may share a user's personal details by government request and track how the bitcoin is spent.

Coinbase is easy and simple to use for beginners, and it offers Coinbase Pro, an alternate  trading platform for institutional investors. From various user experience, Coinbase support usually gets back to the user within 2-3 business days after submitting a email support ticket. A support phone line is also provided.

Trading fees between crypto to fiat currency varies based on country and method. Fees can be a flat rate or a percentage of up to 3.99%.

Margin trading is now available on Coinbase Pro.

Coinbase

Pros

  • Both Coinbase and Coinbase Pro are well secured.
  • Coinbase is beginner friendly and easy to use.
  • Simple dashboard for monitoring your coins.

Coinbase makes buying and selling cryptocurrencies quite simple for beginners.

Coinbase

Cons

  • Lack of cryptocurrencies available for purchase.
  • Ease of use documents could be improved.
  • Setting up an account might take few days.
  • Verification required for both Coinbase and Coinbase Pro

Coinbase hold the private keys of users.

Additional Information:

Security features, type of orders and more.

Orders

Coinbase and Coinbase Pro offer Margin Orders, Stop Orders, Limit Orders and Market Orders to its traders/investors.

Is

Coinbase

safe?

98% of customer funds are stored offline. 2-Step verification on all accounts. Wallets (and private keys) are stored using AES-256 encryption.

Coinbase

Supported Countries

Coinbase is now available in 100+ countries - you can check if your country is supported over here: https://www.coinbase.com/places. (Please note that payment methods are different from country to country.)

Payment Methods

Bitcoin, Bank, Card, Paypal, Other

Alternative to

Coinbase