Are you wanting to invest with a global cryptocurrency exchange?
Coinbase Introduction
One option that is available to cryptocurrency investors is Coinbase. This is a cryptocurrency exchange was founded back in 2012 with a global reach of 73 million users worldwide. Coinbase is a platform that enables individuals to invest in different crypto digital assets. Coinbase is an easy to use platform that offers crypto investors a choice of a range of different option to buy, sell and earn with cryptocurrency. This is not the only exchange and some of the competitors such as Crypto.com and Binance are also based in the US and fighting for the cryptocurrency marketshare. If you are new to the world of cryptocurrency, have a read of the following article that explains cryptocurrency for beginners. I note that this is my review of the platform and therefore not considered financial advice. You should do you own research before using any investing platform to meet your unique circumstances.
I have outlined a list of the pros and cons of the exchange below:
Coinbase review pros
- Easy to use interface to buy and sell cryptocurrency
- Premium offering Coinbase Pro
- Supports at least 100 different cryptocurrencies
- Earn free crypto with Coinbase Earn
- Staking assets can earn rewards
Coinbase review cons
- Higher trading /transaction fees than other competitors
- Less secure than storing crypto offline
- Customer service can be delayed
Coinbase review summary
Coinbase is a platform that I have used over a couple of years. I like that you can easily transaction with a range of different cryptocurrencies. One of the drawbacks is the higher transaction costs when trading with the platform. Overall it can be a great option for more flexibility when buying and selling cryptocurrency. If you are wanting to learn more about Coinbase or view their website head to the Coinbase Homepage. You can also view a range of their competitors that are other options available in the market by reading the cryptocurrency review.
