Coinbase is an American easy-to-use Crypto Exchange which is trusted by over 73million users across the globe in more than 100 countries with 255 billion dollars in assets on platform. Coinbase is one of the oldest and safest cryptocurrency exchanges by making its name since 2012. it is a basic and simple crypto exchange offering tons of crypto currencies to purchase.
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HOW TO START
Coinbase is a basic and uncomplicated crypto exchange with a user-friendly interface allows easy transactions even to the beginners. While beginners prefer the original platform, for the advance users the company runs a separate platform known as Coinbase pro which gives access to additional features.
Coinbase offers a reasonably quick verification with a simple process. Similar to an online brokerage account users are required to submit their personal details along with their govt id and social security number. With these documents available at hand the verification is done under 10 minutes The account management is also simple.
HOW TO TRADE
Once the account is verified you can then start trading through Coinbase Exchange. The exchange accepts 18 different fiat currencies and provides more than 100 crypto currencies to buy and sell such as Bitcoin, Ethereum, Dogecoin.
Coinbase customers have various options for depositing and withdrawing funds to purchase and sell cryptocurrencies. These options may vary slightly from country to country, but most deposit and withdrawal options are offered across the board, including for the United States.
Coinbase allows customers to start investing with a smallest of amount of $2 to a daily limit of $50000. Customers can make payment through their bank account, debit card, wire transmission, PayPal, google pay and apple pay, depending upon the size of investment.
ACCOUNT MANAGEMENT AND SECURITY
Coinbase exchange provides easy access for customers to manage their trade and account. You can view and manage your account at any point through coinbase website and mobile app. It allows user to view their portfolio and enter into a trade on the go.
Coinbase uses industry-leading security practices to keep customer deposits and assets safe. 98% of customer assets are stored offline using cold storage in a network of safe deposit boxes around the world, supported by digital and paper backups. In addition, coinbase keeps 2 factor authentication an unavoidable feature for the account holders. This prevents others logging in and operating your account.
CUSTOMER SERVICE
Coinbase is primarily a self-service. Officially supported customer service options are the Coinbase help page, emailed support tickets, an automated phone system, and a chatbot.
