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Coinbase Reviews.jpg

Coinbase
Coinbase is one of the world's biggest digital currency wallet/exchange that support storing, transacting and trading of cryptocurrencies like Bitcoin, Ethereum, Litecoin etc. It one of the oldest begineer entry cryptocurrency exchange which support buying and selling of cryptocurrency directly with a connected Bank account or other payment methods.
Coinbase is a San Francisco based exchange and was founded in 2012 by Brian Armstrong and Fred Etrsam as part of Ycombinator. Coinbase started as Bitcoin Broker, selling Bitcoin directly to customers but over the years has added alot of services along the way making it one of the most reliable crypto exchange out there.
Coinbase currently has over 20 million users from all around the world with over $150 Billion worth of cryptocurrencies traded. Also Coinbase was able to raise $217 million from world leading investors like Ycombinator, Andreessen Horowitz, USV, USAA and more making it one of the most reputable crypto exchange with lots of external backing.

Coinbase support trading of BTC, ETH, LTC, BCH, ETC and more. Users can deposit using either Wire Transfer or Debit/Credit card.

It is important to note that Coinbase is a fully licensed and regulated KYC/AML complaint exchange, you are required to undergo identity verification before you can make use of it service.
Currently Coinbase support and fully operate in 32 different countries across Asia, Europe, North America and Australia.

Pros:
1. Begineer Friendly: This is one point where Coinbase really shines, it's is one of the most recommended beginner entry cryptocurrency wallet/exchange cause one does not need to know how to trade to buy and sell cryptocurrency on the platform using ones bank account. Coinbase is mostly regarded as one of the best exchange for beginners to trade Bitcoin and other cryptocurrencies, It interface is very clean, Intuitive and easy to navigate.
Coinbase also provides a mobile app available for both Android and iOS.
2. Reputation: Coinbase is one of the oldest reliable exchange out there with millions of users and it backed by reputable organizations. Coinbase is also one of the few cryptocurrency exchange that is protected by insurance.
3. Security: Coinbase takes careful security measures to ensure optimal security of users funds. According to it website, about 98% of customer funds are stored in offline storage and distributed in safe deposit boxes in different geographical location all around the world.
Two factor authentication (2FA) is also available for adding extra layer of security to user accounts.
4. Merchant API: Coinbase provides a well documented API allowing online merchant to accept cryptocurrency on their website.

Cons:
1. It Not Available Globally: Coinbase is only available in a very limited amount of countries which spread across few continent.

Based on my research, Coinbase is a legit exchange, the only major disadvantage is that it's not available in most countries. If your country is also not supported, i recommeded you to checkout Luno which is quite similar to Coinbase but support a larger number of countries.

Do you have an account here? What's your experience?
 
Coinbase International

Coinbase has officially developed itself into an international company. Brian Armstrong has announced several times that the company is facing legal problems in the US, and he even threatened to move it out of the US. This new Coinbase platform is just a start because it is outside of US regulations.

Screenshot_20230503-172125-494.png
 
View attachment 29281
Coinbase
Coinbase is one of the world's biggest digital currency wallet/exchange that support storing, transacting and trading of cryptocurrencies like Bitcoin, Ethereum, Litecoin etc. It one of the oldest begineer entry cryptocurrency exchange which support buying and selling of cryptocurrency directly with a connected Bank account or other payment methods.
Coinbase is a San Francisco based exchange and was founded in 2012 by Brian Armstrong and Fred Etrsam as part of Ycombinator. Coinbase started as Bitcoin Broker, selling Bitcoin directly to customers but over the years has added alot of services along the way making it one of the most reliable crypto exchange out there.
Coinbase currently has over 20 million users from all around the world with over $150 Billion worth of cryptocurrencies traded. Also Coinbase was able to raise $217 million from world leading investors like Ycombinator, Andreessen Horowitz, USV, USAA and more making it one of the most reputable crypto exchange with lots of external backing.

Coinbase support trading of BTC, ETH, LTC, BCH, ETC and more. Users can deposit using either Wire Transfer or Debit/Credit card.

It is important to note that Coinbase is a fully licensed and regulated KYC/AML complaint exchange, you are required to undergo identity verification before you can make use of it service.
Currently Coinbase support and fully operate in 32 different countries across Asia, Europe, North America and Australia.

Pros:
1. Begineer Friendly: This is one point where Coinbase really shines, it's is one of the most recommended beginner entry cryptocurrency wallet/exchange cause one does not need to know how to trade to buy and sell cryptocurrency on the platform using ones bank account. Coinbase is mostly regarded as one of the best exchange for beginners to trade Bitcoin and other cryptocurrencies, It interface is very clean, Intuitive and easy to navigate.
Coinbase also provides a mobile app available for both Android and iOS.
2. Reputation: Coinbase is one of the oldest reliable exchange out there with millions of users and it backed by reputable organizations. Coinbase is also one of the few cryptocurrency exchange that is protected by insurance.
3. Security: Coinbase takes careful security measures to ensure optimal security of users funds. According to it website, about 98% of customer funds are stored in offline storage and distributed in safe deposit boxes in different geographical location all around the world.
Two factor authentication (2FA) is also available for adding extra layer of security to user accounts.
4. Merchant API: Coinbase provides a well documented API allowing online merchant to accept cryptocurrency on their website.

Cons:
1. It Not Available Globally: Coinbase is only available in a very limited amount of countries which spread across few continent.

Based on my research, Coinbase is a legit exchange, the only major disadvantage is that it's not available in most countries. If your country is also not supported, i recommeded you to checkout Luno which is quite similar to Coinbase but support a larger number of countries.

Do you have an account here? What's your experience?
Fantastic! I have a friend that has been using Coinbase for some years now. She has testified to me about their services and I applaud them for it. I have other wallet but I think I will open a Coinbase wallet too. Thank you for this review
 
Coinbase to Dubai
Coinbase CEO Brian Armstrong praises Dubai at the Fintech Summit. Armstrong also meets UAE Minister of Economy Abdulla Bin Touq Al Marri. There is a possibility that Coinbase will be shifted to Dubai.

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I think most of this cryptocurrency stakeholders are considering the Arab Emirates because that was the time that report was also considering relocating to one part of this Asian countries I think you a or Abu Dhabi. It would be a good thing if coinbase also considers this move.
 
Coinbase apologize to PEPE

Major US crypto exchange Coinbase had raised doubts about PEPE memecoin, but the comment backfired, the hashtag to delete Coinbase went viral on Twitter, and Coinbase had to apologise to PEPE supporters.
Screenshot_20230512-123107-902.png
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Coinbase vs SEC Continue over Altcoins

Coinbase has been told by SEC to delist all cryptos expect Bitcoin, because all other cryptos are securities. However, Brian Armstrong (CEO) has rejected that demand, and even relisted XRP.
 
Whale And Coinbase

A whale has moved 801k+ UNI tokens worth over $5 million, and 1948 bitcoins worth over $57 million from his wallet to coinbase: call it investing ahead of the upcoming bull run or avoiding a bear attack Trying to convert to stablecoin?
 
Base mainnet ready for Onchain summer
Coinbase has launched its Base mainnet, to celebrate this, a rewards program called Onchain summer, which will begin on August 9, will allow Coinbase wallet and app users to receive gifts. Base mainnet is going to compete with BNB Chain.
 
one notable drawback is its limited availability, operating in only 32 countries. This can be a significant obstacle for potential users from regions where Coinbase is not accessible. Alternatives like Luno may offer similar features but with wider geographical coverage.
 
one notable drawback is its limited availability, operating in only 32 countries. This can be a significant obstacle for potential users from regions where Coinbase is not accessible. Alternatives like Luno may offer similar features but with wider geographical coverage.
Personally, I do not feel the heat of Coinbase restricting crypto enthusiasts on its platform because there are better alternative wallets and exchanges out there. Unlike those days when Paypal was a must to get platform if one wants to enjoy money-making online.
 
Binance loads USDC on Coinbase

Coinbase's USDC hoard seems to have increased, with Brian Armstrong claiming that Binance sold all of its USDC to Coinbase, which, if true, may have caused Coinbase's other stablecoin reserves to decrease.
 
I have used coinbase several times and have never had problems with the platform. It is easy to use and trading is quite simple. The only problem I have seen is that customer service is not always online.
 
I have an account with Coinbase but not active there anymore because the exchange platform was not having peer to peer facilities that will allow African countries exchange coins for local currencies.
 
Case v SEC is becoming intrested

Crypto world is taking intrest in SEC's case against Coinbase, if SEC lose this case too (which many experts believe), then Gary will become a not wanted in SEC, or possibly,Coinbase might leave US to settle business elsewhere.
 
Ripple fought tough with SEC and won the battle. I am optimistic that Gary will equally lose out on the case against Coinbase because the exchange platform is highly respected for its strict principles and adherence to financial rules.
 
ETH demand increasing

Coinbase right now is enjoying its Base network which has lured multiple US companies including Coca-Cola, Zora etc. One need to invest ETH to mint the NFT, the free NFT will also be minted when you have ETH.
 
ETH demand increasing

Coinbase right now is enjoying its Base network which has lured multiple US companies including Coca-Cola, Zora, etc. One needs to invest ETH to mint the NFT, the free NFT will also be minted when you have ETH.
Does it mean that companies like Coca-Cola and the like will be partnering with Coinbase to invest in NFT and Ethereum? Also, what are the special features that make the Base network to be eye-catching?
 
Launches in Canada

Coinbase has officially launched in Canada, it is strange because Coinbase will follow same rules, which Binance found not possible to run an Exchange.

_----------
PS

Does it mean that companies like Coca-Cola and the like will be partnering with Coinbase to invest in NFT and Ethereum? Also, what are the special features that make the Base network to be eye-catching?
There is no announcement about partnership. BASE is L2.
 
Coinbase & US Futures

Coinbase has received approval from the NFA and FCM to trade bitcoin and ethereum futures in the US, making it the first institution to offer crypto futures trading. Coinbase shares rose on the Nasdaq with the news of this approval.
 
Yeah, I read about this obtain earlier this morning, it a good one for Coinbase. However, Paypal has also suspended purchase of cryptocurrencies in the US till year 2024
 

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