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Coinbase is a cryptocurrency exchange platform where you can buy, sell and store your cryptocurrencies. The platform is based in the USA and has been around since 2012, operating wholly digitally without a physical location. The platform also has one of the largest selections of cryptocurrencies available for users to trade, with over 4500 different cryptocurrencies that you can choose from.
- Widest selection of cryptocurrencies – the platform enables users to trade over 4500 different assets, one of the largest catalogs available.
- Low minimum deposit amount – you can start buying cryptocurrency assets starting from just $2, making cryptocurrency trading accessible to anyone.
- Sign up bonus – get a bonus of $10 the first time you create an account on the platform and purchase at least $100 of any cryptocurrency asset.
- High referral bonus – get $10 for each friend you refer who completes a purchase of at least $100 worth of cryptocurrency assets on their account.
- Not available in all US states – the platform is currently only licensed and available in 42 US states, as well as the US territory of Puerto Rico.
- High transaction fees – transaction fees for cryptocurrency purchases start from 0.5% per trade but can go up to 3.99% for credit card purchases.
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Invest your spare change in a diversified portfolio built by experts
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Historical annual return varies from 8.8% to 12.4% (2019 – 9.47%)
Low annual fees: advisory – 0.15%; management fee – 0.85%
What is Coinbase?
The company’s mission is to make it easy for anyone to easily and securely send and receive Bitcoin.
How Does Coinbase Work?
Who is Coinbase Best for?
Moreover, experienced traders can also benefit from the Coinbase Pro account, which features more trading features than the basic version.
How Much Can You Earn With Coinbase?
However, like all investments, there is always the risk that you may lose money on your investments. Thus, you need to do your research and due diligence when looking for the best coin to invest in.
Coinbase Fees: How Much Does it Cost to Invest With Coinbase?
|Total Trade Amount||Fee|
|$10 or less||$0.99|
|Between $10 to $25||$1.49|
|Between $25 to $50||$1.99|
|Between $50 to $200||$2.99|
|US bank account or Coinbase wallet||1.49%|
|Instant card withdrawal||Up to 1.5% (minimum fee of $0.55)|
|Wire transfer||$10 ($25 outgoing)|
Coinbase Features: What Does Coinbase Offer?
Coinbase for Businesses
Coinbase Payout Terms and Options
Coinbase Risks: is Coinbase Safe to Invest With?
How Does Coinbase Protect Your Money?
If you have any cash balances with Coinbase, they will be insured by the FDIC for up to $250,000.
Coinbase Review: is Coinbase Legit?
|Review Website||Coinbase Review|
|Trustpilot||1.6 out of 5 stars|
|Sitejabber||1.44 out of 5 stars|
|G2||3.99 out of 5 stars for Coinbase Commerce|
|Apple App Store||4.7 out of 5 stars|
|Google Play Store||4.1 out of 5 stars|
What Are the Coinbase Pros and Cons?
How Good is Coinbase’s Support and Knowledge Base?
Coinbase Review Verdict: is Coinbase Worth It?
Moreover, new users can also earn up to $7 worth of free cryptocurrency using the Coinbase Learn feature.
How to Sign Up With Coinbase?
Step 1: Sign Up
Step 2: Verify Your Phone Number
Step 3: Verify Your Identity
Step 4: Enable Deposits & Withdrawals
Sites Like Coinbase
|Service Fees||Starting from 0.5% per trade||$0 commission||25% spot trading fee||1% spreads|
|Best For||Widest range of cryptocurrencies||General stock trading||High APY||Beginner traders|
Coinbase vs. Robinhood
Coinbase vs. Binance
Thus, Coinbase may be a better platform to trade cryptocurrencies if you are a beginner and want to start with a lower amount.
Coinbase vs. BlockFi
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What digital currencies can you buy on Coinbase?
What countries are Coinbase available in?
How does the Coinbase referral program work?
Once your friend signs up with your referral link and buys or sells at least $100 worth of cryptocurrency within 180 days of opening their account, you will both receive a $10 bonus.