Coinbase
Coinbase is a crypto exchange platform. They allow traders to buy, sell and store different cryptocurrencies for instance Bitcoin, Ethereum, Litecoin, Ripples, Zcash, & more. It was started in 2012, and it is headquartered in Delaware, United States. The crypto exchange is popular and trusted. Interestingly, it is beginner-friendly with price alerts & a newsfeed. You can always consider its alternatives if you are not happy with the platform.
Features
- It is a browser-based platform
- Has 2 platforms (Coinbase & Coinbase Pro)
- Stores user’s funds in offline cold storage
- Offers cryptocurrency watchlist
- Gives price alerts and newsfeed
- Multiple trade options
- API keys
Pros
- It is backed by trusted investors
- Allows third part keys
- It is beginner-friendly
- Has high liquidity
- Offers a variety of altcoin choices
- Has a simple user interface
- Good security features (2-step verification, biometric fingerprint logins, insured)
- Easy to sign-up
- Great customer support
- Coinbase various trade options such as stop and limit orders
- Offers various payments methods such as wire transfer, credit card, debit card
Cons
- Its fees are higher compared to its competitors
- Users are not in charge of their wallet keys
- The platform tracks how traders spend cryptocurrency
- Does not have a mobile app
For Coinbase alternatives check the following list below.