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Since 2012, Coinbase has provided a platform to trade cryptocurrency in a far, accessible and efficient way. Their purpose is to encourage economic freedom for people to become financially stable.
One of the benefits you can access from Coinbase is their Coinbase Card which is a Visa debit card that allows for a quick and easy way to spend cryptocurrency all over the world. It features high-quality security with two-step verification and instant freeze to ensure your card is secure. Through their app, you can track your spending and easily choose which cryptocurrency you spend.
The second benefit you can access from Coinbase is their ‘Build Your Crypto Portfolio’. Their platform allows you to manage your own portfolio (buy and sell well-known digital currencies which you can track), invest in cryptocurrency (schedule buys daily, weekly and monthly) and become aware of new market trends.
Additionally, they have secure storage in place for all digital assets and are protected by cryptocurrency insurance and FDIC insurance. Their application process takes a few minutes for which you can link your bank account and start buying and selling instantly.
The third benefit you can access is their ‘Coinbase Earn’ feature. This feature provides tutorial videos about different cryptocurrencies for you to learn which includes a simple quiz to test what you have learned. Once this is done, you can receive crypto in Coinbase for every quiz you pass.
The fourth benefit you can access is their ‘Coinbase Wallet’ feature which is a custody wallet that allows you to manage all kinds of coins (every ERC-20 from Aave to ZRX). This feature stores all your cryptocurrency and NFTs in one place, support hundreds of tokens, explore the decentralized web and protect your digital assets with their high-quality security in place.
Alberta, British Columbia, Canada, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Online, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
Since 2012
Finance
English
Since 2012, Coinbase has provided a platform to trade cryptocurrency in a far, accessible and efficient way. Their purpose is to encourage economic freedom for people to become financially stable.
There are a lot of reasons why you should use Coinbase. Some examples include:
Coinbase charges a fee depending on the size of your transaction. For example, the price for those $10 or lower is $0.99, while those between $10 and $25 is $1.49, or those between $25 and $50 is $1.99 and for those between $50 and $200 is $2.99.
To get started with Coinbase, all you need to do is go on their website and click the ‘Get Started’ button. Their application process takes a few minutes for which you can link your bank account and start buying and selling instantly.
Coinbase has high-quality security with two-step verification and instant freeze to ensure your card is secure. They also have secure storage in place for all digital assets and are protected by cryptocurrency insurance and FDIC insurance.
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Coinbase has done a pretty good job. I trust them with my money, they don’t do dodgy things, the app and platform work pretty well most of the time. And the fees are not too bad as long as you use Coinbase Pro (btw everyone everyone should only use Coinbase Pro because the fees are cheaper).
I am actually very surprised to see all of the negative reviews about Coinbase. I have had nothing but positive experiences with the app and in trading crypto. It periodically will give you opportunities to learn more about crypto and to earn $$ – since I downloaded the app less than a year ago I have racked up over $50 in free crypto. Yes, there are improvements that I think should be made to the app but overall you can’t argue with free crypto rewards!
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