Coinbase: The Top-Ranked Cryptocurrency Exchange for Secure and Easy Trading
Coinbase is a regulated exchange and cryptocurrency broker, offering a range of solutions, including an exchange for advanced trading, custodian services, and institutional services. It allows users to buy and store Bitcoin, Bitcoin Cash, Ethereum, and Litecoin using various payment methods. Coinbase Pro is available for more advanced traders, offering lower fees and access to an order book, depth chart, and recent trades printing. The exchange is selective about the coins it supports and currently offers 54 tradeable coins and 162 trade pairs. The instant buy option is simple to use, but fees on buying and selling cryptocurrencies are high and depend on the payment method. Coinbase is not focused on user privacy and tracks users' activities, leading to potential account freeze. The exchange has not suffered a security hack since launch and offers 2-step verification and cold storage for over 98% of users' funds. Coinbase has a broad suite of crypto services, but customer support is poor.