Coinbase is a centralized digital currency exchange (CEX) headquartered in San Francisco, United States.
Coinbase is one of the most popular cryptocurrency exchanges in the world, founded in 2012 by Brian Armstrong and Fred Ehrsam. It is based in San Francisco, California.
As a cryptocurrency exchange, Coinbase allows users to buy, sell, and hold various cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform is known for its user-friendly interface, making it an excellent choice for beginners.
In addition to its primary function as a cryptocurrency exchange, Coinbase provides a number of other services:
This is a mobile application that allows users to store their cryptocurrencies securely. The wallet can hold a wide range of digital currencies and also interact with decentralized applications (dApps).
This is a trading platform designed for more experienced users and offers more advanced trading features compared to the basic Coinbase platform. It also usually offers lower fees than the main Coinbase platform.
This is a service that allows merchants to accept cryptocurrencies as payment for goods or services.
This feature allows users to earn cryptocurrency by learning about different cryptocurrencies. Users watch short videos about various cryptocurrencies and earn a small amount of that crypto for each video watched.
They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many other cryptocurrencies, with fiat currencies in approximately 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Coinbase is regulated and licensed in the jurisdictions it operates in and follows strict compliance standards. However, like any other platform that involves financial transactions, it is not immune to criticism or controversy, with issues related to customer service, platform outages, and more.
Please note that while Coinbase has a strong reputation, it's always important to exercise caution and do thorough research before starting to use any cryptocurrency exchange.
