COINBASE

COINBASE

COINBASE RATING

7.75

Costs

Platform

Regulations

Customer service

Advantages

Many cryptocurrencies to choose from

Easy to use and beginner-friendly

Staking rewards


Platform specialising in cryptocurrency trading and investment.

Temjana Popovska

Temjana Popovska

Temjana fa parte del team di analisti finanziari di Rankia dal 2021. Ha una formazione giornalistica ed è esperta in ... Full bio

COINBASE DETAILS

*Data updated as of December 14, 2023.

BROKER FEATURES COINBASE

Real time:

Warranty Fund:

No

Minimum deposit:

£50.00

Regulated by:

FCA

Markets

Europe, USA, Other

BROKER MARKETS COINBASE

UK

USA

Europe

Other

CONTACT THE BROKER COINBASE

Online Chat:

Office

Telephone:

E-mail

TRAINING TOOLS FOR BROKERS COINBASE

Courses:

Books:

Online webinars:

Information:

OTHER BROKER PRODUCTS COINBASE

Stocks:

Warrants:

Options:

Forex:

Retirement plans:

ETFs:

Futures:

CFDs:

Bonds:

Investment funds:

Cryptocurrencies:

BROKER FEES COINBASE

Other costs:

Coinbase fee, starting from £0.99

ADDITIONAL INFORMATION ABOUT THE BROKER COINBASE

Additional information

Spread fee of 0.50%

What is Coinbase?

Coinbase UK is a branch of Coinbase, a popular digital currency exchange headquartered in the United States. It operates in the United Kingdom and offers services tailored to the UK market. Coinbase UK allows users to buy, sell, and store various cryptocurrencies, including Bitcoin, Ethereum, and others.

It was founded in 2011 and launched its services in 2012 by Brian Armstrong and Fred Ehrsam. Currently, it has more than 10 million users and has raised over $217 million from some of the world's largest investors.

Coinbase account

To buy and sell cryptocurrencies, you need to verify your identity by providing a photo of your ID card, passport, or driver's license, and provide proof of address by uploading a recent utility bill or bank statement. To buy cryptocurrencies, you must first deposit funds in your Coinbase account.

On Coinbase, you can buy or sell digital coins instantly using payment methods like credit/debit cards and bank transfers.

You fill out the initial form, where you need to provide your name, last name, email, and password. Creating an account is quite easy.

Coinbase has its own platform where you can trade. The features are straightforward: you select the currency you want to trade and add the amount that you want to purchase. The order is automatically stored in your wallet when the transaction is executed.

Security measures of Coinbase

The security measures are robust. They include:

  • Your account is linked to your mobile phone and email.
  • You can set up two-factor authentication to access your account or make transfers.
  • Sessions are logged, so you can see if anyone has accessed your account.
  • You can set your account to receive an email in case of any activity.

Advantages and disadvantages of Coinbase

Advantages:

  • You can instantly buy using your credit or debit card.
  • You can create as many addresses or wallets as you need.
  • The platform is easy to use.

Disadvantages:

  • The fees are somewhat high.

 

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