{"id":220537,"date":"2021-02-11T12:41:07","date_gmt":"2021-02-11T17:41:07","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=220537"},"modified":"2024-12-11T16:00:11","modified_gmt":"2024-12-11T16:00:11","slug":"coinbase-review","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-exchanges\/coinbase-review","title":{"rendered":"Coinbase Exchange Review &#8211; Features, Fees, Pros &amp; Cons 2024"},"content":{"rendered":"<h2>Coinbase pros and cons<\/h2>\n<div class=\"su-note\"  style=\"border-color:#57BDE020;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#57BDE020;border-color:#57BDE020;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<p><strong>Pros:<\/strong><\/p>\n<p><span style=\"font-size: 1rem\"><div class=\"su-list\" style=\"margin-left:0px\"><\/span><\/p>\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Simple to use<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Accepts debits and credit cards<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Cheap bank withdrawal fees<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Good range of security options<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Live Chat feature<\/li>\n<\/ul>\n<\/div><\/div><\/div><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<strong>Cons:<\/strong><\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Fewer cryptocurrencies listed than Binance<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Unable to short coins<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Expensive debit card fees<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Selfie and other KYC compliance requirements<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> No longer supports credit cards<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> No supports ApplePay and GooglePay<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n<p>Coinbase is one of the most popular cryptocurrency exchanges in the industry. One of the main reasons for this is that\u00a0they make it super easy for first-time users to <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\/paypal\">buy Bitcoin with PayPal<\/a>, or a debit\/credit card, as well as a bank transfer. The platform currently supports more than 50 different cryptocurrencies, including major coins such as Bitcoin, Ethereum, Bitcoin Cash and Litecoin.<\/p>\n<p>If you&#8217;re looking to find out more about Coinbase, then be sure to read our comprehensive guide. We&#8217;ll cover who the exchange is, what cryptocurrencies they support, what their fees are like, how good their security is, and more.<\/p>\n<div class=\"w-100 clearfix fc-row\"> <div class=\"step-heading-outer\"><h2>On this Page:<\/h2><div href=\"#\" class=\"btn btn-secondary toc-toggle\">Contents [<span>show<\/span>]<\/div><\/div><div class=\"choose-stock\"><div class=\"choose-stockone\"><ul id=\"tableofcontent\" class=\"toc-collapse\"><\/ul> <\/div><\/div><\/div>\n<p>As a snap-shot overview, <strong>Coinbase is certainly a notable exchange to consider<\/strong>. You&#8217;ll have access to more cryptocurrencies, they&#8217;re heavily regulated, they accept multiple payment methods, and best of all &#8211; you also have the option of going short.<\/p>\n<h2>What is Coinbase?<\/h2>\n<p>Coinbase is one of the top <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-exchanges\">cryptocurrency exchanges<\/a> that allows you to buy and sell a range of digital currencies. This includes popular cryptocurrencies such as Bitcoin and Ethereum, as well as ERC-20 tokens like USDC. Launched in 2012, the U.S. based exchange claims to have more than 89 million users.<\/p>\n<p>One of the main appeals to using Coinbase is that they allow you to buy and sell cryptocurrencies using everyday payment methods. This includes a debit and credit card, bank transfer and in some cases &#8211; PayPal (Coinbase is one of the most well-known <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-exchanges\/paypal\">Paypal cryptocurrency platforms<\/a>).<\/p>\n<p>In response to Coinbase increasing their customer base, the platform recently released a sister cryptocurrency exchange called Coinbase Pro (previously GDAX).<\/p>\n<h2>How does Coinbase Work?<\/h2>\n<p>Coinbase is somewhat different from other well-known cryptocurrency exchanges as they are more of a broker than an exchange. This means that when you\u00a0buy\u00a0cryptocurrencies\u00a0on the platform, you are actually purchasing the coins directly from Coinbase, as opposed to trading them with other users.<\/p>\n<p>In return for this, Coinbase charges you to deposit and withdraw funds, as well as a transaction\/trading fee every time you buy or sell coins.<\/p>\n<p>Once you&#8217;ve bought cryptocurrencies from the platform, you then have the choice of withdrawing them out to private <a href=\"https:\/\/insidebitcoins.com\/bitcoin-wallets\">Bitcoin wallets<\/a> or storing them within your Coinbase account.<\/p>\n<p>Don&#8217;t forget you only have the option of going long at Coinbase. This means that you can&#8217;t make a profit if you think the markets are going to go down.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-248949\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/02\/earn-coinbase.png\" alt=\"Coinbase Earn\" width=\"780\" height=\"405\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/02\/earn-coinbase.png 780w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/02\/earn-coinbase-300x156.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2020\/02\/earn-coinbase-768x399.png 768w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/p>\n<h2>What cryptocurrencies does Coinbase support?<\/h2>\n<p>At the time of writing in April 2019, Coinbase supports 10 different cryptocurrencies. In order to see what you can buy within your <a href=\"https:\/\/insidebitcoins.com\/bitcoin-account\">Bitcoin account<\/a>, simply head over to the\u00a0<strong>Buy\/Sell\u00a0<\/strong>section and view the drop-down list.<\/p>\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<ul>\n<li>Bitcoin (BTC)<\/li>\n<li>Ethereum (ETH)<\/li>\n<li>Litecoin (LTC)<\/li>\n<li>Bitcoin Cash (BCH)<\/li>\n<li>\u00a0Ethereum Classic (ETC)<\/li>\n<\/ul>\n<\/div><\/div><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<ul>\n<li>Basic Attention Token (BAT)<\/li>\n<li>0X (ZRX)<\/li>\n<li>ZCash (ZEC)<\/li>\n<li>Stellar Lumens (XLM)<\/li>\n<li>Ripple (XRP)<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n<h2>Which countries does Coinbase support?<\/h2>\n<div class=\"su-note\"  style=\"border-color:#DCDCDC50;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#DCDCDC50;border-color:#DCDCDC50;color:#000000;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-3\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<ul>\n<li>Australia<\/li>\n<li>Austria<\/li>\n<li>Belgium<\/li>\n<li>Bulgaria<\/li>\n<li>Croatia<\/li>\n<li>Cyprus<\/li>\n<li>Czech Republic<\/li>\n<li>Denmark<\/li>\n<li>Finland<\/li>\n<li>Greece<\/li>\n<\/ul>\n<\/div><\/div><div class=\"su-column su-column-size-1-3\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<ul>\n<li>Hungary<\/li>\n<li>Ireland<\/li>\n<li>Italy<\/li>\n<li>Latvia<\/li>\n<li>Liechtenstein<\/li>\n<li>Malta<\/li>\n<li>Monaco<\/li>\n<li>Netherlands<\/li>\n<li>Norway<\/li>\n<li>Poland<\/li>\n<\/ul>\n<\/div><\/div><div class=\"su-column su-column-size-1-3\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<ul>\n<li>Portugal<\/li>\n<li>San Marino<\/li>\n<li>Singapore<\/li>\n<li>Slovakia<\/li>\n<li>Slovenia<\/li>\n<li>Spain<\/li>\n<li>Sweden<\/li>\n<li>Switzerland<\/li>\n<li>United Kingdom<\/li>\n<li>United States<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n<\/div><\/div>\n<h2>Coinbase fees<\/h2>\n<p>When it comes to fees at Coinbase, this will depend on the specific account activity you are looking to perform. You&#8217;ll pay fees every time you deposit or withdraw funds, and every time you buy or sell a cryptocurrency. Let&#8217;s break the fees down in more detail.<\/p>\n<h3>Deposit fees<\/h3>\n<ul>\n<li>Debit card deposits: 3.99% per transaction<\/li>\n<li>SEPA (European Bank Transfer): \u20ac0.15 EUR<\/li>\n<li>UK bank wire: Free<\/li>\n<li>U.S. ACH bank transfer: Free<\/li>\n<li>U.S. wire transfer: $10<\/li>\n<li>Swift (GBP): Free<\/li>\n<\/ul>\n<h3>Withdrawal fees<\/h3>\n<ul>\n<li>Debit card withdrawals: n\/a<\/li>\n<li>Credit card withdrawals: n\/a<\/li>\n<li>SEPA (European Bank Withdrawals): \u20ac0.15<\/li>\n<li>UK bank withdrawals: \u00a31<\/li>\n<li>U.S. ACH bank withdrawals: Free<\/li>\n<li>U.S. wire withdrawals: $25<\/li>\n<li>Swift (GBP): \u00a31 GBP<\/li>\n<\/ul>\n<h3>Trading fees<\/h3>\n<p>Coinbase Exchange uses a maker-taker fee model for determining its trading fees.<\/p>\n<p>A takers has to pay a fee between 0.05% and 0.60% whereas maker fee is between 0.00% and 0.40%. This rate is determined based on the current pricing tier, which can be viewed <a href=\"https:\/\/help.coinbase.com\/en\/exchange\/trading-and-funding\/exchange-fees\">here<\/a>.<\/p>\n<p>For stable pairs, taker fee is 0.01% and maker fee is 0.00%.<\/p>\n<p>All Coinbase trading fees amount to 1.49% of the total transaction amount. For example, if you want to purchase $1,000 worth of Bitcoin using your debit card, you will pay $14.49 (on top of the deposit fee charge).<\/p>\n<p>Moving forward, if you then decided to sell your Bitcoin back to USD, then you would have to pay the 1.49% transaction fee again.<\/p>\n<p>This is really expensive, and actually makes Coinbase one of the most expensive cryptocurrency exchanges for buying and selling coins. Moreover, these trading fees make frequent trading completely unviable. While at least cheaper than <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-exchanges\/virwox-review\">VirWoX<\/a>, this is even more expensive than <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-exchanges\/coinjar-review\">Coinjar<\/a>\u00a0and <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-exchanges\/coinfloor-review\">Coinfloor<\/a>, which at 1% and 0.3%, respectively, are well-known for being costly exchanges.<\/p>\n<p>On the contrary, some cryptocurrency platforms charge just a fraction of this, and trading fees are instead built into really tight spreads. This is hugely important, as otherwise, you are going to have your trading profits eaten away by transaction fees.<\/p>\n<h2>Coinbase platform dashboard<\/h2>\n<p>One of the best features of Coinbase is that the platform is super easy to use. Although the exchange is perfectly suitable for those that have lots of trading experience, it&#8217;s also great for beginners.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.10.01.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-220554\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.10.01.png\" alt=\"\" width=\"1030\" height=\"380\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.10.01.png 1030w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.10.01-300x111.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.10.01-768x283.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.10.01-1024x378.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.10.01-600x221.png 600w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/a><\/p>\n<p>When you first log in to the site, you&#8217;ll instantly be presented with the main dashboard. At the top of the screen, you&#8217;ll have the option to a <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\">buy bitcoin<\/a> or sell it, view your account, access additional trading tools, and amend your settings. As you&#8217;ll see from the above screenshot, the platform is really crisp, which makes it easy to navigate through all of the different dashboard options.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.12.14.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-220555\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.12.14.png\" alt=\"\" width=\"1204\" height=\"495\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.12.14.png 1204w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.12.14-300x123.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.12.14-768x316.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.12.14-1024x421.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.12.14-600x247.png 600w\" sizes=\"(max-width: 1204px) 100vw, 1204px\" \/><\/a><\/p>\n<p>You also have the option to view your portfolio of cryptocurrencies in a really simple way. This includes the current price in your local currency, and what percentage the coin has increased or decreased over the past 24 hours. When you go into the settings page, you can amend the portfolio view so that it shows your chosen cryptocurrencies, and you can extend the 24-hour increase\/decrease stats to a longer period.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.14.53.png\"><img decoding=\"async\" class=\"alignnone wp-image-220556\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.14.53.png\" alt=\"\" width=\"707\" height=\"246\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.14.53.png 1175w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.14.53-300x104.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.14.53-768x267.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.14.53-1024x356.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.14.53-600x209.png 600w\" sizes=\"(max-width: 707px) 100vw, 707px\" \/><\/a><\/p>\n<p>The Coinbase dashboard is also really useful for viewing your account history. This includes reports on your historical transactions. You can also view a full list of trades that you made, alongside the respective fees that you paid.<\/p>\n<h2>How to sign up and trade on Coinbase<\/h2>\n<p>If you want to go ahead and open an account with Coinbase, then we&#8217;ve listed a detailed step-by-step guide below.<\/p>\n<h3>Step 1. Open an account with Coinbase<\/h3>\n<p>First, you will need to head over to the official Coinbase website, and click on &#8216;open account&#8217;. Here you will need to enter a range of personal information, such as your full legal name and your country of residence.<\/p>\n<h3>Step 2. Confirm your email address and phone number<\/h3>\n<p>Once you&#8217;ve entered your personal information, you&#8217;ll then need to verify your email address. Simple click on the link that Coinbase sends to your email address, and this will be confirmed. You&#8217;ll also need to confirm your phone number. To do this, Coinbase will send a unique PIN number to your phone. Once it arrives you then need to enter it into your Coinbase account.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.20.32.png\"><img decoding=\"async\" class=\" wp-image-220557 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.20.32.png\" alt=\"\" width=\"496\" height=\"387\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.20.32.png 626w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.20.32-300x234.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.20.32-600x468.png 600w\" sizes=\"(max-width: 496px) 100vw, 496px\" \/><\/a><\/p>\n<p>It is important that you provide your correct phone number because you will need this to log in to your account if you set up two-factor authentication. This is an additional security step that we will discuss further down.<\/p>\n<p>As you&#8217;ll see from the above screenshot, the next step is to verify your identity.<\/p>\n<h3>Step 3. Verify your identity<\/h3>\n<p>In order to remain compliant with regulators, Coinbase is required to verify your identity before you start trading. This will require you to upload a copy of your government issued ID. This will either need to be a copy of your passport or a copy of your driving license.\u00a0 Depending on the country you live in, you might be permitted to upload a government-issued ID card.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.25.21.png\"><img decoding=\"async\" class=\" wp-image-220558 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.25.21.png\" alt=\"\" width=\"575\" height=\"368\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.25.21.png 736w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.25.21-300x192.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.25.21-600x384.png 600w\" sizes=\"(max-width: 575px) 100vw, 575px\" \/><\/a><\/p>\n<p>As Coinbase use FinTech that is able to verify your ID automatically, you should have your identity confirmed within a couple of minutes. If the copy that you upload is not clear enough, then you&#8217;ll need to re-submit it.<\/p>\n<p>You will also need to take a selfie to confirm that you are the true owner of the ID you uploaded. You can do this through your desktop or mobile device. Check out the screenshot below.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.29.06.png\"><img decoding=\"async\" class=\"wp-image-220559 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.29.06.png\" alt=\"\" width=\"529\" height=\"304\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.29.06.png 780w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.29.06-300x172.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.29.06-768x441.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.29.06-600x345.png 600w\" sizes=\"(max-width: 529px) 100vw, 529px\" \/><\/a><\/p>\n<h3>Step 4. Deposit funds<\/h3>\n<p>At this stage of our step-by-step guide, you should now have your Coinbase account fully verified. The next step will require you to deposit funds. Your deposit options will be based on your country of residence, however, in most cases, this will either a debit\/credit card or bank transfer.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.30.47.png\"><img decoding=\"async\" class=\"wp-image-220560 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.30.47.png\" alt=\"\" width=\"625\" height=\"329\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.30.47.png 690w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.30.47-300x158.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.30.47-600x316.png 600w\" sizes=\"(max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p>Click on &#8216;add payment method&#8217;, and then decide what deposit method you want to link. The quickest way to deposit funds is via a debit or credit card, as this is instant. If you want to deposit larger amounts, you might want to consider using a bank transfer. However, it can take up to a week before the funds arrive in your account, so do bear this in mind.<\/p>\n<h3>Step 5. Buy cryptocurrencies<\/h3>\n<p>So now that you&#8217;ve opened your account,\u00a0 verified your identity and deposited funds, you&#8217;re now ready to buy some cryptocurrencies. You have the option of buying 10 different coins. Don&#8217;t forget, you&#8217;re going to pay a transaction fee of 1.49% every time you buy or sell coins with Coinbase.<\/p>\n<p>At the top of the screen click on &#8216;buy\/sell&#8217;.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.35.23.png\"><img decoding=\"async\" class=\"wp-image-220561 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.35.23.png\" alt=\"\" width=\"580\" height=\"261\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.35.23.png 796w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.35.23-300x135.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.35.23-768x345.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.35.23-600x270.png 600w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><\/a><\/p>\n<p>You&#8217;ll then see a list that displays the cryptocurrencies you can buy. In our example, we are going to <a href=\"https:\/\/insidebitcoins.com\/buy-ethereum\/paypal\">buy Ethereum with PayPal<\/a> and various other methods. For security purposes, we&#8217;ve blurred out our payment information!<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.36.40.png\"><img decoding=\"async\" class=\"wp-image-220562 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.36.40.png\" alt=\"\" width=\"620\" height=\"326\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.36.40.png 885w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.36.40-300x158.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.36.40-768x404.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.36.40-600x316.png 600w\" sizes=\"(max-width: 620px) 100vw, 620px\" \/><\/a><\/p>\n<p>You then need to enter the amount of cryptocurrency that you want to buy, in your local currency. You&#8217;ll see the equivalent amount in cryptocurrency update in the box, and you&#8217;ll also see the fees on the right-hand side.<\/p>\n<p>Finally, to complete your trade, simply click on the blue box that displays &#8216;<a href=\"https:\/\/insidebitcoins.com\/buy-ethereum\">Buy Ethereum<\/a>&#8216;. Obviously, if you are buying a different cryptocurrency, this will display the name of the coin you are buying!<\/p>\n<h2 class=\"cds-typographyResets-t119oo5c cds-display1-d1tzxfrt cds-foreground-f1itepcl cds-transition-ty35lnf cds-start-s1q2d0t0 two-up-hero-title\">Coinbase Wallet<\/h2>\n<p class=\"cds-typographyResets-t119oo5c cds-display1-d1tzxfrt cds-foreground-f1itepcl cds-transition-ty35lnf cds-start-s1q2d0t0 two-up-hero-title\">Coinbase Wallet is a self-custody wallet . The private keys for your Wallet are stored directly on your mobile device and not with a centralized exchange like Coinbase.com.<\/p>\n<h2>Borrow Funds<\/h2>\n<p>Coinbase allows borrowing facility of up to\u00a0$1,000,000<span class=\"useParseAndFormatText__Superscript-hokn5q-1 dOmHWV\">1<\/span>\u00a0 using your Bitcoin as collateral, with just 8% APR<span class=\"useParseAndFormatText__Superscript-hokn5q-1 dOmHWV\">2<\/span> and no credit check.<\/p>\n<h2>Coinbase Staking<\/h2>\n<p>Coinbase provides 5.0% APR on your crypto stakings. Staking can be done just with a couple of steps even without complete knowledge of the procedure. Rewards appear in your account periodically, depending on the asset. Staking rewards are available for eligible Coinbase customers<\/p>\n<h2>Is Coinbase regulated?<\/h2>\n<p>Coinbase, Inc., the company which operates Coinbase and Coinbase Pro in the U.S., is licensed to engage in money transmission in most U.S. jurisdictions. Most of Coinbase\u2019s money transmission licenses cover US Dollar Wallets and transfers.<\/p>\n<p>The detailed list of its licenses can be viewed <a href=\"https:\/\/www.coinbase.com\/legal\/licenses\">here<\/a>.<\/p>\n<h2>Is Coinbase safe?<\/h2>\n<p>One of the most important aspects when deciding whether or not use a cryptocurrency exchange is safety. After all, you don&#8217;t want to deposit your own money if its at risk. This couldn&#8217;t be truer in the cryptocurrency industry, as hacks seem to a common occurrence. While Coinbase is one of the few exchanges that are regulated, it has been involved in several hack scandals. In\u00a0<span class=\"f\">January 2018 , a s<\/span>tring of\u00a0hacks\u00a0that targeted\u00a0Coinbase\u00a0led to a loss of more than 40 BTC of different users. Some users lost around $10,000 Bitcoins and were hacked several times. Not all users were refunded by Coinbase, and while the exchange implemented a number of security measures to prevent hacks, <strong>Coinbase remains largely unsafe, and for this reason we cannot endorse this platform.<\/strong><\/p>\n<h3>Coinbase&#8217;s security measures<\/h3>\n<p>Nevertheless, here&#8217;s a break down of security features available at Coinbase.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-lock\" style=\"color:#000000\"><\/i> Two-factor authentication (2FA) when you log in<\/li>\n<li><i class=\"sui sui-lock\" style=\"color:#000000\"><\/i> Google Authenticator link-up<\/li>\n<li><i class=\"sui sui-lock\" style=\"color:#000000\"><\/i> Delayed withdrawal lock<\/li>\n<li><i class=\"sui sui-lock\" style=\"color:#000000\"><\/i> Email confirmation when logging in from a new device<\/li>\n<li><i class=\"sui sui-lock\" style=\"color:#000000\"><\/i> FDIC insurance up to $250,000 (when funds stored in USD wallet)<\/li>\n<li><i class=\"sui sui-lock\" style=\"color:#000000\"><\/i> Multi-signature logins<\/li>\n<li><i class=\"sui sui-lock\" style=\"color:#000000\"><\/i> 98% of coins held in cold storage<\/li>\n<\/ul>\n<\/div>\n<h2>Does Coinbase have a wallet?<\/h2>\n<p>Coinbase now offers a mobile wallet that allows you to store a range of cryptocurrencies.\u00a0including all ERC-20 tokens. This allows you to send and receive crypto at the click of a button. The wallet is available to download on both iTunes and Android stores.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.54.42.png\"><img decoding=\"async\" class=\"wp-image-220565 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.54.42.png\" alt=\"\" width=\"645\" height=\"298\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.54.42.png 1017w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.54.42-300x139.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.54.42-768x355.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-10.54.42-600x277.png 600w\" sizes=\"(max-width: 645px) 100vw, 645px\" \/><\/a><\/p>\n<p>If you don&#8217;t want to use your mobile phone to store your coins, you&#8217;ll need to keep them in your Coinbase account. Don&#8217;t forget, if your account is hacked, you could lose your entire balance.<\/p>\n<h2>Does Coinbase have an app?<\/h2>\n<p>Coinbase has a mobile app that is available on both iOS and Android devices. The app allows you to perform all of the same account functions as you can online. This includes the ability to buy and sell crypto, deposit and withdraw funds, and view your account history.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-11.01.25.png\"><img decoding=\"async\" class=\"wp-image-220566 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-11.01.25.png\" alt=\"\" width=\"670\" height=\"257\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-11.01.25.png 925w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-11.01.25-300x115.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-11.01.25-768x295.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-11-at-11.01.25-600x230.png 600w\" sizes=\"(max-width: 670px) 100vw, 670px\" \/><\/a><\/p>\n<p>When we tested the app out ourselves, we were really impressed with the overall layout. There were no issues navigating from section-to-section, which makes it perfect for <a href=\"https:\/\/insidebitcoins.com\/bitcoin-trading\">Bitcoin trading<\/a> on the go.<\/p>\n<h2>Coinbase customer service<\/h2>\n<p>Coinbase has a huge team of customer support agents at your disposal. Here&#8217;s a list of the various ways you can contact the team.<\/p>\n<ul>\n<li>Phone support: Available 24 hours a day, 7 days a week, 365 days a year. U.S. and UK toll numbers only.<\/li>\n<li>Email support: Contact the Coinbase team via email at any time.<\/li>\n<li>Twitter: You can also reach the Coinbase team through Twitter, however never post any sensitive account info.<\/li>\n<\/ul>\n<h2>Coinbase vs. eToro<\/h2>\n<p><a href=\"http:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/06\/etoro-3.png\"><img decoding=\"async\" class=\"size-full wp-image-229746 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/06\/etoro-3.png\" alt=\"\" width=\"1024\" height=\"502\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/06\/etoro-3.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/06\/etoro-3-300x147.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/06\/etoro-3-768x377.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Even though we consider Coinbase to be a legit and reliable platform, <strong>we consider eToro to be a better option<\/strong> for several reasons. The broker is one of the best CFD brokers in the industry thanks to its user-friendly interface as well as its social trading functionality. It also has more complex trading features that experienced users can benefit from as well as a design that beginners will find very easy to use. The exchange also has a greater asset variety compared to Coinbase, spanning from stocks, forex, commodities, futures and ETFs. eToro also offers a free <a href=\"https:\/\/insidebitcoins.com\/stock-trading\/apps\">stock trading apps<\/a> with 0% commissions on hundreds of stock purchases.<\/p>\n<p>These are just a few of the advantages offered by eToro. To find out more about it, visit eToro. You will also find a step-by-step guide on how to get started with your trading experience on the platform.<\/p>\n<h2>Conclusion<\/h2>\n<p>As cryptocurrency exchanges go, Coinbase is certainly up there with the <a href=\"https:\/\/insidebitcoins.com\/best-trading-platforms\"> best trading platforms<\/a> currently on the market. The platform makes it super easy to buy coins, which is perfect if you&#8217;re a newbie trader. They&#8217;re also great if you&#8217;re looking to use a debit or credit card to deposit funds, as this can be done instantly. However, due to security risks and fee we cannot recommend it and would opt for eToro instead.<\/p>\n        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>How many coins do Coinbase list?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tCoinbase only lists a total of 10 coins.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Can you &#039;short&#039; cryptocurrencies on Coinbase?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tUnfortunately not. Coinbase only gives you the option of buying coins and then selling them at a later date. This means that you are not able to make a profit if you believe that the markets will go down.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>How do I contact Coinbase via live chat?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tCoinbase does not offer a live chat facility. If you need to get hold of the team, you'll need to send them an email, or give them a call (24\/7). At present, you have the option of a U.S. or UK toll number.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>How much are the Coinbase trading fees?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tCoinbase charges users 1.49% every time you buy or sell cryptocurrencies. This is hugely expensive, and not viable for those that want to trade regularly.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Is Coinbase easy to use?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tCoinbase is extremely simple to use - both online and via the mobile app. This makes it perfect for beginners.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Do I need to verify my identity to use Coinbase?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tYou do. You'll need to upload a copy of your government issued ID, such as a passport or driving license.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Can I withdraw funds back to my debit or credit card?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tAlthough Coinbase allows you to deposit funds using a debit or credit card, you won't be able to withdraw money back. Instead, you'll need to withdraw to a bank account. Depending on your country of residence, you might also be able to make a withdrawal back to your PayPal account.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h2>Does Coinbase offer leverage?<\/h2>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tCoinbase does not offer leverage on any of the cryptocurrencies it lists.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t\n<script type=\"application\/ld+json\">\n    {\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How many coins do Coinbase list?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Coinbase only lists a total of 10 coins.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Can you 'short' cryptocurrencies on Coinbase?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Unfortunately not. Coinbase only gives you the option of buying coins and then selling them at a later date. This means that you are not able to make a profit if you believe that the markets will go down.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How do I contact Coinbase via live chat?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Coinbase does not offer a live chat facility. If you need to get hold of the team, you'll need to send them an email, or give them a call (24\/7). At present, you have the option of a U.S. or UK toll number.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How much are the Coinbase trading fees?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Coinbase charges users 1.49% every time you buy or sell cryptocurrencies. This is hugely expensive, and not viable for those that want to trade regularly.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Is Coinbase easy to use?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Coinbase is extremely simple to use - both online and via the mobile app. This makes it perfect for beginners.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Do I need to verify my identity to use Coinbase?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"You do. You'll need to upload a copy of your government issued ID, such as a passport or driving license.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Can I withdraw funds back to my debit or credit card?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Although Coinbase allows you to deposit funds using a debit or credit card, you won't be able to withdraw money back. Instead, you'll need to withdraw to a bank account. Depending on your country of residence, you might also be able to make a withdrawal back to your PayPal account.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Does Coinbase offer leverage?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Coinbase does not offer leverage on any of the cryptocurrencies it lists.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t    ]\n}\n<\/script>\n\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Coinbase pros and cons Coinbase is one of the most popular cryptocurrency exchanges in the industry. One of the main reasons for this is that\u00a0they <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-exchanges\/coinbase-review\" title=\"Coinbase Exchange Review &#8211; Features, Fees, Pros &amp; Cons 2024\">[&#8230;]<\/a><\/div>","protected":false},"author":1731,"featured_media":220579,"parent":335945,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[],"class_list":["post-220537","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase Review for 2024 - Key Features, Fees, and Pros &amp; Cons<\/title>\n<meta name=\"description\" content=\"Is Coinbase a SCAM \u274c or LEGIT \u2705? We review the pros, cons, fees, safety and features of popular cryptocurrency exchange Coinbase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase Exchange Review - Features, Fees, Pros &amp; Cons 2024\" \/>\n<meta property=\"og:description\" content=\"Is Coinbase a SCAM \u274c or LEGIT \u2705? We review the pros, cons, fees, safety and features of popular cryptocurrency exchange Coinbase.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-11T16:00:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"16 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\"},\"author\":{\"name\":\"Kane Pepi\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/68186247d280ed73a7be75d671863171\"},\"headline\":\"Coinbase Exchange Review &#8211; Features, Fees, Pros &amp; Cons 2024\",\"datePublished\":\"2021-02-11T17:41:07+00:00\",\"dateModified\":\"2024-12-11T16:00:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\"},\"wordCount\":2995,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\",\"name\":\"Coinbase Review for 2024 - Key Features, Fees, and Pros & Cons\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg\",\"datePublished\":\"2021-02-11T17:41:07+00:00\",\"dateModified\":\"2024-12-11T16:00:11+00:00\",\"description\":\"Is Coinbase a SCAM \u274c or LEGIT \u2705? We review the pros, cons, fees, safety and features of popular cryptocurrency exchange Coinbase.\",\"breadcrumb\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"A How-To Guide on Buying Cryptocurrency Safely in 2024\",\"item\":\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"10+ Best Crypto Exchanges To Trade On In 2024\",\"item\":\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-exchanges\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Coinbase Exchange Review &#8211; Features, Fees, Pros &amp; Cons 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/68186247d280ed73a7be75d671863171\",\"name\":\"Kane Pepi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1731_1697718195-96x96.png\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1731_1697718195-96x96.png\",\"caption\":\"Kane Pepi\"},\"description\":\"Kane holds academic qualifications in the finance and financial investigation fields. With a passion for all-things finance, he currently writes for a number of publications in the online space.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/kane-pepi-63b5a0146\/?originalSubdomain=mt\"],\"gender\":\"male\",\"knowsAbout\":[\"Finance\",\"Crypto\"],\"jobTitle\":\"Editor\",\"url\":\"https:\/\/insidebitcoins.com\/author\/kanepepi\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Coinbase Review for 2024 - Key Features, Fees, and Pros & Cons","description":"Is Coinbase a SCAM \u274c or LEGIT \u2705? We review the pros, cons, fees, safety and features of popular cryptocurrency exchange Coinbase.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537","og_locale":"en_US","og_type":"article","og_title":"Coinbase Exchange Review - Features, Fees, Pros &amp; Cons 2024","og_description":"Is Coinbase a SCAM \u274c or LEGIT \u2705? We review the pros, cons, fees, safety and features of popular cryptocurrency exchange Coinbase.","og_site_name":"InsideBitcoins.com","article_modified_time":"2024-12-11T16:00:11+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"16 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537"},"author":{"name":"Kane Pepi","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/68186247d280ed73a7be75d671863171"},"headline":"Coinbase Exchange Review &#8211; Features, Fees, Pros &amp; Cons 2024","datePublished":"2021-02-11T17:41:07+00:00","dateModified":"2024-12-11T16:00:11+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537"},"wordCount":2995,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537","name":"Coinbase Review for 2024 - Key Features, Fees, and Pros & Cons","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg","datePublished":"2021-02-11T17:41:07+00:00","dateModified":"2024-12-11T16:00:11+00:00","description":"Is Coinbase a SCAM \u274c or LEGIT \u2705? We review the pros, cons, fees, safety and features of popular cryptocurrency exchange Coinbase.","breadcrumb":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/04\/Coinbase-wallet-social.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"A How-To Guide on Buying Cryptocurrency Safely in 2024","item":"https:\/\/insidebitcoins.com\/buy-cryptocurrency"},{"@type":"ListItem","position":2,"name":"10+ Best Crypto Exchanges To Trade On In 2024","item":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-exchanges"},{"@type":"ListItem","position":3,"name":"Coinbase Exchange Review &#8211; Features, Fees, Pros &amp; Cons 2024"}]},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/68186247d280ed73a7be75d671863171","name":"Kane Pepi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1731_1697718195-96x96.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1731_1697718195-96x96.png","caption":"Kane Pepi"},"description":"Kane holds academic qualifications in the finance and financial investigation fields. With a passion for all-things finance, he currently writes for a number of publications in the online space.","sameAs":["https:\/\/www.linkedin.com\/in\/kane-pepi-63b5a0146\/?originalSubdomain=mt"],"gender":"male","knowsAbout":["Finance","Crypto"],"jobTitle":"Editor","url":"https:\/\/insidebitcoins.com\/author\/kanepepi"}]}},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1731"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=220537"}],"version-history":[{"count":11,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\/revisions"}],"predecessor-version":[{"id":609309,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/220537\/revisions\/609309"}],"up":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/pages\/335945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/220579"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=220537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=220537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}