Coinbase review: pros, cons and more
There are 43 cryptocurrencies available for trading on Coinbase, ranging from Bitcoin and other major coins to smaller and newer digital tokens. It is one of the widest selections among the best cryptocurrency exchanges.
Although Bitcoin‘s price hovers around $ 50,000 at the time of writing, Coinbase allows customers to buy as little as $ 25 of digital currency. There is also an easy way to set up recurring purchases if you want to invest gradually over time.
Coinbase has a user-friendly and highly functional mobile app that allows users to buy, sell and manage their cryptocurrencies wherever they are. It has a 4.7 out of 5 star rating on the Apple App Store and 4.4 out of 5 on the Google Play Store.
Advanced trading platform
For most people who want to buy, sell, and spend cryptocurrency, Coinbase’s standard desktop portal is sufficient. But for active traders, the company offers the Coinbase Pro desktop trading platform. On this platform, customers can consult order books in real time, use graphical tools and quickly place their own orders.
Earn by learning
Coinbase offers customers the chance to earn free cryptocurrencies to learn more about new digital assets. For example, to agree to learn about Numeraire (NMR), customers earn up to $ 3 in cryptocurrency tokens. To get the free crypto, customers watch videos on different cryptocurrencies and take quizzes, and there are dozens of these offers on the Coinbase platform with values up to $ 10 each.
In addition to the ‘earn by learning’ component, Coinbase maintains an impressive library of educational resources. Want an easy to follow but comprehensive introduction to Bitcoin? A guide to the tax implications of investing in cryptocurrency? Coinbase has you covered on these topics and more.
Easy money sending
Coinbase allows users to send cryptocurrency to other Coinbase users simply by using their Coinbase Wallet username.
Debit card access
The Coinbase card is a Visa branded debit card linked to the balances of Coinbase users. It offers a way to instantly spend cryptocurrency at any merchant that accepts Visa worldwide.