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Cryptogambling / Coinbase Review

Coinbase Review – Is Coinbase good for investing?

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User Reviews 3

Coinbase is one of the leading names across the crypto world and is currently available across 100 countries. Considered as the best crypto exchange by many, this platform offers secure offline storage, mobile accessibility, legit licencing and regulation and the chance to trade, hold and exchange a solid range of cryptos, too. Find out what our experts thought below.

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coinbase review
Coinbase: Pros & Cons
  • Regulated and secure
  • iOS and Android apps available
  • Regulated by the FCA
  • Requires a pro account to trade market movement
Payment Methods
PayPal
Bank Transfer
Visa
+
License
SIPC - Securities Investor Protection Corporation (USA - not governmental)
Accepts Customers from
USA
USA
Company
Coinbase Europe Limited
Founded
2011
Website
coinbase.com
Available Languages
EN
ES
+
Customer Support
Phone, Email Support
Email
info@coinbase.com
Phone
1-888-908-7930
Overall Rating
Rating follows
  • New Customer Offers
    4.0/5
  • Usability
    4.0/5
  • Available Account Types
    3.9/5
  • Trading Platforms
    3.9/5
  • Payments
    4.2/5
  • Customer Service
    3.9/5
  • Regulation & Deposit Insurance
    4.2/5
Payment Provider Safety Approval rate
PayPal very high High
Bank Transfer very high
Visa high
Mastercard high
Michael
23/02/2023
Extensive cryptocurrency selection
"Coinbase is my go-to cryptocurrency exchange, and I couldn't be happier with their wide range of options. It's easy to navigate and find the coins ..."
Alex
04/02/2023
Simple and advanced trading
"I like that Coinbase has options for both novice and seasoned traders in its trading platform."
User Rating
4.7/5
3 User Reviews
5 Stars
66.7%
4 Stars
33.3%
3 Stars
0.0%
2 Stars
0.0%
1 Star
0.0%
Last Updated on 09/05/2024

What can you trade on Coinbase?

Coinbase users have access to nearly 100 cryptocurrencies, including Bitcoin, Solana, Ethereum, Cardano, Litecoin and Dogecoin. New coins are regularly added to the site and may feature in the Learn and Earn feature, too.

Coinbase user experience

Whether online or using the mobile app, Coinbase offers a smooth user experience from start to finish. Coinbase predominantly makes use of a blue and white colour palette that allows all text and important areas of the site to be clearly visible and easy to spot. The site loads quickly, trades are executed promptly and KYC is taken incredibly seriously.

Individual Ideal for traders looking to get started. Buy crypto with fiat, send crypto from an external wallet and enjoy fair fees on your investments.
Pro Perfect for traders looking to dip in and out of the market. Industry-leading API, fast executions and a variety of assets come as standard.
Prime Coinbase Prime users will experience diversified liquidity, maximum fund protection and support around the clock.
Private Client Offering account holders a dedicated account manager, enhanced security, multi-user options and personal trading desk.

Coinbase trading tools

Learn and Earn feature The chance to watch and read educational pieces on cryptocurrencies and earn real crypto as you go
Tips and tutorials Step-by-step guides and articles relating to the crypto sphere
Market updates Stay up-to-date with all the latest breaking news across the crypto world.

Coinbase review of payments

Coinbase clients can purchase crypto with Visa, Mastercard and by Bank Transfer or send crypto from an external crypto wallet.

PayPal
Bank Transfer
Visa
Mastercard
Minimum deposit £2
Deposit fee Roughly 0.5%
Inactivity fee N/A
Account fee N/A
Maximum leverage 1:3 (Coinbase PRO only)
Overnight fee N/A
Minimum withdrawal Varied per asset

Coinbase customer service

To be considered as the best crypto exchange 2024, you need to offer impeccable support – Coinbase isn’t too far off! You can get in contact 24/7 via phone, email or live chat with dedicated agents and, of course, you can always make use of their dedicated FAQs!

Is Coinbase safe and regulated?

Coinbase is regulated by the FCA and makes use of the latest encryption technology across its site. Traders must pass KYC and verification checks before a verified and withdrawable account can be issued. Users can also make use of 2FA and put funds in the Vault – placing a time-sensitive lock on withdrawals.

SIPC - Securities Investor Protection Corporation (USA - not governmental)
CNMV - Comisión Nacional del Mercado de Valores
ASIC - Australian Securities and Investments Commission
BaFin - Bundesanstalt für Finanzdienstleistungsaufsicht

Does Coinbase have an app?

Yes, all Coinbase users can access the full details of their account, trade, invest, and learn more about cryptocurrencies through an iOS or Android app.

Coinbase review FAQ

Does Coinbase offer new customers a welcome offer?

No, Coinbase does not offer a welcome bonus but it does offer the chance to learn and earn.

How many registered users does Coinbase have?

103 million across 100+ countries!

Can you buy and sell assets at Coinbase?

Yes; however, to trade market movement users must make use of Coinbase Pro.

Coinbase review - conclusion

Coinbase is used by the masses and is clearly deserving of its status as a competitor for the title of the best crypto exchange 2024. We at CryptoGmblr.com feel that the security, accessibility and range of cryptocurrencies are solid; however, it is the fantastic learn and earn feature that really helps Coinbase to stand out from the crowd.

User Reviews for Coinbase

4.67/5 – 3 User Reviews
  1. Top-rated mobile app
    Olivia

    I love the Coinbase mobile app! It’s user-friendly and has great features that allow me to easily manage my portfolio on-the-go.

    Limited staking and interest opportunities.
  2. Simple and advanced trading
    Alex

    I like that Coinbase has options for both novice and seasoned traders in its trading platform.

    High fees on certain transactions.
  3. Extensive cryptocurrency selection
    Michael

    Coinbase is my go-to cryptocurrency exchange, and I couldn’t be happier with their wide range of options. It’s easy to navigate and find the coins I’m interested in.

    Complex fee structure.

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Crypto Exchange
Coinbase Crypto Exchange
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Rating follows
  • Over 100 tradable cryptocurrencies
  • Fully regulated and secure
  • Trade via the iOS or Android app
-
T&Cs apply, 18+
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Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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