What is Coinbase?

Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency (crypto). Our mission is to create an open financial system for the world and to be the leading global brand for helping people convert crypto into and out of their local currency.

  • We make buying and selling crypto easy.
  • Sending or receiving crypto between online crypto balances, friends, or merchants on Coinbase is free!*
  • We handle security and backups so you don’t have to worry.
  • We are a “one stop shop” – we offer our primary balance service, an exchange, and merchant tools within one simple interface.
  • Coinbase is a platform on which many applications are being built using our API.

* Customer is responsible for miner’s fees on external transactions. Sending between Coinbase users is always free

Coinbase is a digital currency exchange and wallet provider based in San Francisco, California. The company was founded in 2012 and has quickly grown to become one of the most popular and widely used platforms for buying, selling, and storing digital currencies.

Coinbase supports a wide range of digital currencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and more. Users can buy and sell these currencies using a variety of payment methods, including bank transfers, credit and debit cards, and PayPal. Additionally, Coinbase offers a wallet service that allows users to store their digital currencies in a secure and insured online account.

One of the key features of Coinbase is its user-friendly interface, which is designed to make buying and selling digital currencies easy for users of all levels of experience. The platform also offers a variety of tools and features to help users make informed trading decisions, including real-time market data and price charts.

Coinbase is also considered to be one of the most secure digital currency platforms available, with a number of measures in place to protect user funds and personal information. The company holds a significant portion of its digital currency reserves in cold storage, and also uses two-factor authentication and other security measures to protect user accounts.

Coinbase also offers a PRO version of its platform, which is geared towards professional traders and institutional investors. This version offers advanced trading tools, lower fees, and access to larger trading limits.

On the downside, Coinbase charges relatively high fees compared to other digital currency exchanges, which can make it more expensive for users to buy and sell digital currencies on the platform. Additionally, Coinbase’s services are not available in all countries, and the availability of certain currencies and payment methods can vary by region.

In summary, Coinbase is a digital currency exchange and wallet provider that allows users to buy, sell, and store digital currencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin and more. The platform is user-friendly and offers a variety of tools and features to help users make informed trading decisions. Coinbase is also considered to be one of the most secure digital currency platforms available, with a number of measures in place to protect user funds and personal information. However, it charges relatively high fees compared to other digital currency exchanges and its services are not available in all countries.

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