Coinbase is an early adopter of Bitcoin. It served as one of the first few crypto exchanges, and continues to do so by providing services that allows users to buy and sell bitcoins. Since 2012, it has been a prominent name in the cryptocurrency market. The site is easy to access, user friendly, and shows innovative improvements for better and more convenient trading experiences.
The site’s services are limited to certain countries, including the United States, the United Kingdom, Canada, and Singapore. It also caters to 28 European countries. Make sure to check the list of supported countries before using the services.
The exchange platform is known for its efforts to provide Bitcoin traders and first-time users with quality services. Coinbase is adored for its prompt and consistent service. Users also love the straightforward platform design. The website boasts functions that improve the different aspects of customer interactions. It makes trading bitcoins welcoming. In addition, the website works on both mobile and desktop devices.
To open a Coinbase account, you will have to complete the registration form. Just provide your First and last name, an active e-mail address, and a unique password. For those living in the United States, you have to indicate your state. The entire process will only take you a few seconds. Start buying and selling bitcoins in no time.
Buying and selling bitcoins
Buying and selling of bitcoins on Coinbase is safe and simple. You can even use the site to purchase goods or services. It can also function as a Bitcoin wallet if you want to store or receive bitcoins in the future. All your funds are stored in a cold wallet. This is protected by multiple layers of authentication.
Just like other Bitcoin exchanges, you have to place buy and sell orders to start trading. Keep in mind that there is a 0.10 percent fee when you withdraw from your wallet. On the other hand, takers buying and selling bitcoins have to pay a 0.25 percent fee.
Coinbase accepts a number of payment methods for different customers. Keep in mind that the payments different from one country to another. Some of the available methods include bank transfers, credit and debit cards, bank wires, SEPA, 3D enable credit or debit cards, and payments via third party processors.
Ultimately, Coinbase is a good starting point for those who want to start buying and selling bitcoins and other crypto coins. Its multiple features also make it an ideal website for those who are looking for a do-it-all platform.