Coinbase Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $2
- Proprietary Coinbase platform
- All contracts in BTC
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $2
- Proprietary Coinbase platform
- All contracts in BTC
Our Evaluation of Coinbase
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Coinbase is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.36 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Coinbase clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
Coinbase is a cryptocurrency exchange that is constantly expanding and improving its functionality. All major cryptocurrencies and their tokens are available here. In addition to the exchange itself, there is a free-of-charge crypto wallet and a virtual cryptocurrency card, which may come in handy.
Brief Look at Coinbase
Coinbase is a popular cryptocurrency exchange, especially sought-after among novice traders. It allows you to trade all cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, BitcoinCash, and others. You will find a web version and an application for a smartphone based on iOS or Android. The crypto exchange provides services to users from 100 countries with more than 43 million active traders registered on the exchange. The total assets on the platform are equivalent to over USD 90 billion. The exchange brings to the table one-of-a-kind training programs that allow you to earn money during the learning process by improving your expertise in the crypto market. Learn what Coinbase is and how the exchange works.
- you can trade a vast array of cryptocurrencies on the exchange;
- hassle-free registration and verification;
- all assets are in offline storage;
- the exchange ensures the security of users’ assets;
- available are a free e-wallet and a virtual card;
- complex solutions for individuals, businesses, and developers;
- powerful analytical base and unique training guides.
- there are no passive earning options;
- some of the information is available in English only.
TU Expert Advice
Financial expert and analyst at Traders Union
Coinbase crypto exchange is equally convenient for newbies and experienced traders. Over the past 3 years, unique training courses on new cryptocurrencies and tokens have appeared on the site. The volume of courses is constantly expanding and new currencies are frequently added. Basic guides are also being expanded and localized.
The total trading volume on Coinbase currently exceeds $456 billion. It is one of the fastest-growing companies in the genre. High trading volume leads to high liquidity. With a competent approach, the exchange allows you to consistently earn a pretty penny on changes in cryptocurrency rates among themselves and relative to other world currencies. Some experts point out the lack of investment programs for private traders as a minus.
The Coinbase Pro trading platform has a fairly generic interface but is well optimized. It’s completely free, and can be used in a browser or as a mobile application. A huge plus is the integrated digital asset insurance system. FDIC insurance covers amounts up to $250,000.
Coinbase Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary Coinbase Pro platform (web and mobile) |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | XBT |
| 💵 Replenishment / Withdrawal: | Bank cards, cryptocurrency and electronic wallets, third-party systems, including PayPal |
| 🚀 Minimum deposit: | Minimum deposit 2 units of local currency (e.g., $2 or 2 Chilean pesos) |
| ⚖️ Leverage: | Up to 1:3 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | from 0 |
| 💱 Commission: | Market |
| 🔧 Instruments: | Dollars, cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | not indicated |
| ⭐ Trading features: | All contracts in BTC |
| 🎁 Contests and bonuses: | not indicated |
Coinbase has one of the most well-thought-out commission systems. The commission increases depending on the trading volume and following the instruments used. For example, if you want to buy Bitcoin with a debit card, the commission will be 3.99% since the variable interest commission is higher than the fixed commission. Below is a table with an extended description of the trading conditions of the crypto exchange.
The cryptocurrency exchange offers favorable trading conditions and convenient withdrawals. You can withdraw both fiat currencies and cryptocurrencies. For example, Bitcoin withdrawal is available.
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Commissions & Fees
| Account type | Commission (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | From $0.50 per market order | 2% or less for some regions |
For you to be able to visually compare the conditions for Coinbase fees, the Traders Union experts suggest that you study the table below, which presents data on the commissions of the leading competitors of the Coinbase crypto exchange.
| Broker | Average commission | Level |
|---|---|---|
|
$0.5 | |
|
$20 | |
|
$0.1 |
Investment Programs, Available Markets, and Products of the Crypto Exchange
The Coinbase crypto exchange does not provide passive income and does not have investment programs for individuals. There is potential for investment on a platform for legal entities and business representatives; such proposals are discussed strictly in private.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Coinbase Sign-Up Bonus and Promo You Should Know
Coinbase affiliate program
The Coinbase crypto exchange affiliate program is different from similar programs provided by most other platforms. Referral invitation is also realized through a referral link. However, payments are one-time and are intended for both the invitee and the inviter. The complete algorithm looks like this:
from the referral program page, you copy your link and give it to another user;
if within 180 days from the moment of registration the user makes transactions for more than $100, you both receive $10 to your respective accounts;
you can get only one bonus from one new user and all information on referrals is displayed in reports sent to your personal account.
Bear in mind that the referral link is valid for 90 days. After this period, you need to send the user another link; otherwise, he will not be recorded in the system as your referral, and you will not receive a bonus.
User Satisfaction