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Home Platforms Coinbase
Coinbase reviews

Average rating of 94% based on 1,702,284 reviews.

Founded 12 years ago in 2012.

Headquartered in the United States.

Deposits in 3 fiat currencies accepted including US Dollars (USD).

Matt logo
Reviewed by Matt
27 April 2021 (Updated 19 April 2024)

Coinbase Crypto Platform

Coinbase is a digital currency exchange platform founded in 2012 by Brian Armstrong and Fred Ehrsam. The platform allows users to buy, sell, and store various cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and others. It is one of the most popular and trusted cryptocurrency exchanges in the world, serving millions of users in over 100 countries.

[[platform_pros_cons]]

One of the main features of Coinbase is its user-friendly interface, which makes it easy for beginners to navigate and understand how to trade cryptocurrencies. The platform also offers a range of trading tools and resources, including real-time price charts, market analysis, and news updates, to help users make informed trading decisions.

Coinbase has a strong reputation for security, and it uses various security measures to protect user accounts and funds. This includes two-factor authentication, SSL encryption, and offline storage of the majority of users' funds. Additionally, Coinbase holds the majority of its assets in cold storage, which means they are not connected to the internet and are therefore less vulnerable to hacking attempts.

Coinbase is available in both mobile and desktop versions, making it convenient for users to trade on the go. The platform also offers a Coinbase Card, which is a debit card that allows users to spend their cryptocurrency at any merchant that accepts Visa.

Coinbase is also committed to complying with regulatory requirements and has obtained licenses to operate in multiple jurisdictions. The platform adheres to strict anti-money laundering (AML) and know-your-customer (KYC) policies to prevent illegal activities such as money laundering and terrorist financing.

However, like any cryptocurrency exchange, there are certain risks associated with using Coinbase. The value of cryptocurrencies is highly volatile, and users should be prepared for significant fluctuations in prices. Additionally, the platform charges fees for trading, which can add up over time, and users may be subject to tax implications for their trades.

In summary, Coinbase is a popular and user-friendly platform for buying, selling, and storing cryptocurrencies. With its strong focus on security and regulatory compliance, it has become a trusted name in the cryptocurrency industry.

Pros

tick The largest crypto exchange in the US
tick Simple, easy to understand interface
tick Fully regulated in the US
tick Earn crypto for watching educational videos

Cons

cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users

Coinbase Savings Accounts

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  Yield Tokens Term Yield Yield Trend
99.9%
YFI 99.9% APY
Instant Access
99.9%
YFI 99.9% APY
74.5%
EROWAN 74.5% APY
Instant Access
74.5%
EROWAN 74.5% APY
56.5%
NRG 56.5% APY
Instant Access
56.5%
NRG 56.5% APY
46%
AXS 46% APY
Instant Access
46%
AXS 46% APY
35%
EVMOS 35% APY
Instant Access
35%
EVMOS 35% APY
34.5%
CMDX 34.5% APY
Instant Access
34.5%
CMDX 34.5% APY
28.9%
JUNO 28.9% APY
Instant Access
28.9%
JUNO 28.9% APY
28.3%
EEUR 28.3% APY
Instant Access
28.3%
EEUR 28.3% APY
22.7%
RUNE 22.7% APY
Instant Access
22.7%
RUNE 22.7% APY
21.8%
PHA 21.8% APY
Instant Access
21.8%
PHA 21.8% APY
21%
XPRT 21% APY
Instant Access
21%
XPRT 21% APY
20.9%
ARCH 20.9% APY
Instant Access
20.9%
ARCH 20.9% APY
20.4%
DVPN 20.4% APY
Instant Access
20.4%
DVPN 20.4% APY
19.8%
DSM 19.8% APY
Instant Access
19.8%
DSM 19.8% APY
19.7%
AUDIO 19.7% APY
Instant Access
19.7%
AUDIO 19.7% APY
18.4%
UX 18.4% APY
Instant Access
18.4%
UX 18.4% APY
15.1%
KAVA 15.1% APY
Instant Access
15.1%
KAVA 15.1% APY
12.9%
ZIL 12.9% APY
Instant Access
12.9%
ZIL 12.9% APY
12.8%
KSM 12.8% APY
Instant Access
12.8%
KSM 12.8% APY
11.7%
CHEQ 11.7% APY
Instant Access
11.7%
CHEQ 11.7% APY
No matching yield products found

Coinbase Reviews

Based on a total of 1,702,284 reviews across the web for Coinbase we gave the platform an overall rating of 94%.

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94%
1,702,117 reviews 1,702,117
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Coinbase YouTube Reviews

Coinbase Promo Codes & Vouchers

$10 Free Bitcoin

When you buy or sell more than $100

Earn $10 for Referrals

Earn $10 in BTC for each friend that you refer to Coinbase

Earn $7 For Learning About Crypto

Earn $7 in AMP and GRT tokens simply by watching a few 1 minute videos that teach you about crypto.

Coinbase Debit Cards

Coinbase Fees

Fees
Fiat deposit fee tick Free
Fiat withdrawal fee tick Free
Crypto deposit fee tick Free
Crypto withdrawal fee tick Free

Coinbase Supported Currencies

Coinbase supports over 200 currencies including Pounds Sterling, US Dollars, Euros and Bitcoin.

GBP Pounds Sterling Pounds Sterling
USD US Dollars US Dollars
EUR Euros Euros
USDC USDC USDC
XRP XRP XRP
Show more currencies

Countries That Can Use Coinbase

Coinbase's services are available in the following countries:

Andorra
Angola
Argentina
Armenia
Aruba
Bahamas
Bahrain
Barbados
Belgium
Benin
Bermuda
Botswana
Brazil
Brunei Darussalam
Bulgaria
Cameroon
Canada
Chile
Colombia
Costa Rica
Croatia
Curaçao
Cyprus
Czech Republic
Denmark
Dominican Republic
Ecuador
El Salvador
Estonia
Finland
France
Germany
Ghana
Gibraltar
Greece
Guatemala
Guernsey
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Ireland
Isle of Man
Italy
Jamaica
Japan
Jersey
Jordan
Kazakhstan
Kenya
Kuwait
Kyrgyzstan
Latvia
Liechtenstein
Lithuania
Luxembourg
Macao
Maldives
Malta
Mauritius
Mexico
Monaco
Mongolia
Montenegro
Namibia
Nepal
New Zealand
Nicaragua
Norway
Oman
Panama
Paraguay
Peru
Philippines
Poland
Portugal
Romania
Rwanda
San Marino
Serbia
Singapore
Slovakia
Slovenia
South Africa
Spain
Sweden
Switzerland
Taiwan
Trinidad and Tobago
Tunisia
Turkey
Uganda
United Kingdom
United States
Uruguay
Uzbekistan
Virgin Islands, British
Zambia

Coinbase Languages

Coinbase's supports the following languages: English, French, Argentinian-Spanish, Turkish, Polish, Brazilian-Portuguese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, German, Italian, Mexican Spanish, Thai, Chilean Spanish, Peruvian Spanish and Colombian Spanish.

Coinbase Key Data

Company
Legal name Coinbase Global Inc
Year founded 2012
Country incorporated in United States
Headquarters country United States
Decentralised cross No
Number of employees 4100
Number of users 73,000,000
Total assets under management $5,860,000,000USD more ...$0USD
Products
Savings accounts tick Yes
Loans tick Yes
Crypto to crypto exchange tick Yes
Fiat to crypto exchange tick Yes
Pro exchange marketplace cross No
Peer to peer exchange cross No
Margin trading cross No
Corporate accounts tick Yes
Instantly buy crypto with fiat tick Yes
Integrated crypto wallet tick Yes
Crypto withdrawals to private wallet tick Yes
Fast account verification tick Yes
Futures exchange cross No
Security
Cold storage tick Yes
Two factor authentication tick Yes
Know your customer tick Yes
Credit check cross No
Regulators Coinbase is licensed in most US jurisdictions, is registered as a money services business with FinCEN more ... and is regulated by the FCA in the UK.
Support
24/7 support tick Yes
Email support cross No
Phone support tick Yes
Chat support tick Yes
Fees
Fiat deposit fee Free
Fiat withdrawal fee Free
Crypto deposit fee Free
Crypto withdrawal fee Free
Key People
Brian Armstrong
Co-Founder & CEO
Emilie Choi
President & COO
Surojit Chatterjee
Chief Product Officer
Alesia Haas
Chief Financial Officer
L J Brock
Chief People Officer
Paul Grewal
Chief Legal Officer
Manish Gupta
EVP of Engneering
Licenses & Certifications
Connecticut - Money Transmitter License
Idaho - Department of Finance - Money Transmitter License
Kansas - Office of the State Bank Commissioner - Money Transmitter License
Nebraska - Money Transmitter License
New Hampshire - Banking Department - Money Transmitter License
New Jersey - Money Transmitter License
Puerto Rico - Money Transmitter License
South Carolina - Money Transmitter License
Mississippi - Department of Banking and Consumer Finance - Money Transmitter License
Alabama - Sale of Checks License
Arizona - Money Transmitter
Arkansas - Money Transmission License
District of Columbia - Money Transmitter License
Maine - Money Transmitter License
Michigan - Money Transmitter License
New Mexico - Money Transmission License
South Dakota - Money Transmitter License
Pennsylvania - Money Transmitter License
Rhode Island - Electronic Money Transfers
Rhode Island - Sales of Checks

ACoinbase is incorporated in United States, and also have their headquarters in this country.
ALooking at reviews from across the web, Coinbase has an average review score of 94% based on 1,702,284 reviews.

Useful Links

Coinbase Contact Details

https://www.coinbase.com/
+44 808 168 4635
+1 (888) 908-7930
+353 1800 200 355
CB Payments Ltd - 5 Fleet Place, London EC4M 7RD
Coinbase Europe Ltd - 70 Sir John Rogerson’s Quay, Dublin D02 R296
Coinbase Inc - 82 Nassau St #61234, New York, NY 10038

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