Coinbase Review
The most trusted cryptocurrency exchange in the United States.
Exchange Overview
Coinbase is one of the most established and trusted cryptocurrency exchanges in the world. Founded in 2012, it has become a gateway for millions of users to enter the cryptocurrency market, offering a user-friendly platform with strong security measures and regulatory compliance.
The exchange provides both basic and advanced trading platforms, along with additional services like staking, learning rewards, and institutional solutions. Its focus on security and compliance makes it particularly appealing to newcomers and institutional investors.
Key Features
Trading Fees
Maker Fee
0.4%
Taker Fee
0.6%
Volume Discount
Up to 0.1% with volume
Trading fees can be reduced by:
- Using Coinbase Advanced Trading platform
- Increasing trading volume
- Qualifying for institutional pricing
Deposit Methods
Pros & Cons
Advantages
- • User-friendly interface
- • Strong security track record
- • Regulated and compliant
- • Insurance coverage
- • Educational resources
- • High liquidity
Disadvantages
- • Higher fees than competitors
- • Limited altcoin selection
- • Customer support issues
- • Geographic restrictions
Security Features
Getting Started with Coinbase
1. Account Creation
- Visit Coinbase.com and click "Get started"
- Enter your email, password, and personal information
- Verify your email address
- Set up 2FA security
2. Identity Verification
- Upload government-issued ID
- Verify phone number
- Complete additional verification if required
- Wait for approval (usually instant to 24 hours)
3. Add Payment Method
- Link bank account (recommended for lower fees)
- Add debit card for instant purchases
- Set up PayPal (where available)
- Complete any required verification steps
4. Start Trading
- Choose Buy/Sell for simple transactions
- Use Advanced Trading for more options
- Consider recurring purchases
- Explore additional features like staking
Frequently Asked Questions
Is Coinbase safe to use?
Coinbase is one of the most secure cryptocurrency exchanges, with features like 98% cold storage, FDIC insurance for USD balances, biometric authentication, and 2FA. The platform is regulated in multiple jurisdictions and has a strong security track record.
What are Coinbase's fees?
Coinbase's standard trading fees range from 0.4% to 0.6%, with maker-taker fees varying by trading volume. Additional fees apply for card purchases (3.99%) and instant buys. Advanced Trading platform offers lower fees starting at 0.4%/0.6% for maker/taker orders.
How do I start using Coinbase?
To start using Coinbase: 1) Create an account on Coinbase.com, 2) Verify your identity with government ID, 3) Add a payment method (bank account, debit card, etc.), 4) Start buying or selling cryptocurrency. The platform offers a simple interface for beginners.
What cryptocurrencies are available on Coinbase?
Coinbase supports over 150 cryptocurrencies including major coins like Bitcoin, Ethereum, and popular altcoins. New assets are regularly added after careful review. Availability may vary by region due to regulatory requirements.
What is Coinbase Advanced Trading?
Coinbase Advanced Trading is a professional trading platform offering advanced charting tools, multiple order types, and lower fees. It's designed for experienced traders who need more sophisticated trading features and analysis tools.
Stay Updated
Get the latest crypto news, rankings, and exclusive guides delivered to your inbox.
We respect your privacy. Unsubscribe at any time.