High transaction fees: Transaction fees are often expensive on the primary Coinbase platform. Lower pricing available with Coinbase Pro: Any user can switch to Coinbase Pro, an active trading platform with more features and low fees. Opportunities to earn cryptocurrency: Earn interest on eligible balances, or get a small amount of a new currency through Coinbase Earn. Support for a large number of cryptocurrencies: Coinbase currently supports over 100 currencies for trading, and the number grows regularly. 
Easy to use for cryptocurrency beginners: The main Coinbase website and mobile app are very easy to use and allow you to buy, sell, and exchange cryptocurrencies quickly. Between the suite of Coinbase products, you’re likely to find anything you need to start and manage a cryptocurrency portfolio or trading plan. Coinbase manages a robust cryptocurrency ecosystem supporting 9,000 financial institutions.Ĭoinbase runs two separate trading platforms in addition to a standalone cryptocurrency wallet service. Coinbase is a decentralized company with no main headquarters.Ĭoinbase operates with users in more than 100 countries, and customers trade approximately $327 billion per quarter. 
The company has grown to support dozens of unique cryptocurrencies and has more than 2,700 employees worldwide. Company OverviewĬoinbase was founded in 2012 as a place to send and receive Bitcoin. If your account is hacked or you send currency to the wrong wallet address, you likely won’t have any options to recover lost funds. Cryptocurrencies are a volatile and risky asset class.
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