Tuesday, May 24, 2022
HomeBusinessCoinbase Review – Why is it a Popular Exchange in the USA

Coinbase Review – Why is it a Popular Exchange in the USA

A Coinbase review is important for every interested party as it is arguably the largest and most popular crypto exchange in the United States of America. Due to strict regulatory laws, several popular crypto exchanges do not extend their services to the residents of the States.

This is why a platform such as the Coinbase exchange has gained so much popularity in the country. As it is based in the USA and offers its services to all citizens. It is also one of the most popular and best crypto exchanges you can use as a citizen of the USA.

This exchange is known to offer some of the best and impressive features to all the users. Whether they are experienced or inexperienced. Therefore, if you are also interested in using the platform. You should know the details mentioned here that make it a popular crypto platform in the USA.

Coinbase Review on User Interface

As mentioned above, the Coinbase exchange is one of the best platforms for all investors and traders. Whether they are experienced or inexperienced. This means that it has a simple and straightforward user interface. Which is very important to look for, especially if you are a beginner.

A platform that has a simple user interface, easy-to-navigate, grabs the attention of a larger audience. Including the people who have no prior experience or information.

Coinbase is one of the platforms that is ideal for new investors and experts as well. The user-interface of the exchange allows the users to buy or sell crypto with just one simple click. There are no long and complex procedures that you have to follow. In order to invest or trade crypto through the exchange. Therefore, whether you are a beginner or an expert, you can choose the Coinbase exchange.

Coinbase Pro

The Coinbase Pro feature mentioned in this brief Coinbase review further solidifies the aspect that it is suitable for both the beginners and experts.

As the name suggests, Coinbase Pro is a feature designed specifically for the professional crypto traders. It features trading tools and more that professional traders often look for while trading. This version also offers support to more than 50 cryptocurrencies and allows you to directly trade:

  • Bitcoin
  • Ethereum
  • FIAT

Security of the Exchange

One major aspect mentioned in this brief Coinbase exchange review. That also makes it popular, is the level of security offered by the exchange. Just like several other major crypto exchanges. This platform also makes use of state-of-the-art security systems such as two factor authentication systems.

However, this is not the only feature that makes it a secure and trustworthy exchange. The Coinbase exchange also offers insurance on cryptocurrencies, which is a rare feature and is not offer by all.

The security and trustworthiness of the exchange is further validated by the fact that this exchange is fully regulated and licensed. Therefore, any information or funds of the users on the exchange are guarantee to remain safe from any kind of cyber threat or failure.

Learn and Earn

Another distinctive feature mentioned in this brief Coinbase review is its Learn and Earn feature. As a beginner, it is important for you to know that this exchange functions as an institute for beginners. This is not prioritize by every crypto exchange.

However, the Coinbase exchange makes sure that its new users are well-equippe with the knowledge that can help them trade and invest in crypto. This is why there is educational content on the exchange, in the form of videos. That help the beginners in acquiring good information about some basic trading strategies. There are also online exams that help the new users in putting their newly acquired knowledge to the test.

Supported Payment Methods

The payment methods supported by an exchange is one of the selling factors for you. Especially if you are new to the crypto space. Different exchanges offer support to different kinds of payment methods. Which is why you need to be sure that the exchange you choose supports the payment method that is convenient for you.

Therefore, if you want to use this exchange then you need to know the details mentioned in this Coinbase review.

  • Credit cards
  • Debit cards
  • Direct crypto withdrawals and deposits
  • PayPal
  • Wire Transfers

Final Takeaways!

As a potential user of one of the largest crypto exchanges in the world. You should know some major aspects and features of the platform. This is why you should have the information mentioned above in this brief Coinbase review.

RELATED ARTICLES

Most Popular