Coinbase has the distinction of being the largest crypto exchange in the United States. Founded by a U.S. company in 2012 they've been able to grow a very large user base. The only problem here is there aren't a lot of cryptos you can purchase on the platform. They are currently only offering 30 currencies. The most well-known of these are Ethereum, Bitcoin Cash, and Bitcoin.
However, they do offer an excellent variety of payment methods for settling your trading charges. With fees of just 1.49%. If you wish to trade with a credit card the fee is 3.99%. You can also buy and sell via SEPASEPA if you'd like. There are no fees associated with deposits. There is, however, a charge of .15 for platform transfers. And a limit of $500 in the beginning which does not apply to cryptocurrencies. All payments are lightning quick. Taking only seconds to complete.
Coinbase provides a very secure experience. The main reason behind this is that they use Google's OAth application for two-factor authentication. Trhough this method you're required to scan a QR code in order to get your security code.
This interface is super clear. This includes a very clean and simple design as well. And the same can be said for their app. As soon as you log in you'll see all of the charts and have access to your wallet. You can send coins to an offline wallet Via their app without any problems. With oversight of the company being done in the U.S., they are seen as very trustworthy.
Registration is quick and easy and only takes a few minutes. This exchange is absolutely worth giving a try.
The Advantages
- They have a very high-security level
- User-friendly experience all the way around
- One of the most used exchanges
The Disadvantages
- There are a limited number of Altcoins
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Usefull Sources and Links:
- Start Trading Altcoins on best Crypto Exchange out there: Binance
- Buy Cryptos for Euros or US Dollars on Coinbase and earn $10 on your first $100 Investment
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