It is claimed to be the world’s most popular way to buy and sell digital currencies like Bitcoin, Litecoin, and Ethereum. Coinbase was founded by Brian Armstrong and Fred Ehsram in 2012. It is headquartered in San Francisco, California.
Coinbase is the largest Bitcoin exchange in the world. Coinbase has 10.6 million customers with more than $20 billion in digital currencies exchanged. It has approximately daily Bitcoin volume of $40,000,000. It supports 32 countries across the world. It exchanges Bitcoin and other cryptocurrencies like Ethereum and Litecoin.
Coinbase created GDAX i.e. the Global Digital Asset Exchange in 2014. GDAX was specifically developed for the professionals who are having high volumes of trading of cryptocurrencies.
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Credit card is the most popular payment method on Coinbase . This table compares Coinbase to other popular credit card exchanges.
|Coinbase||3.50%||USA, Europe, Canada|
Coinbase: Accepted Payment Methods
Coinbase accepts all major payment methods, but the most popular one is a bank transfer. Depending on where you live, you will be presented with different payment methods upon your purchase.
Not long ago, Coinbasecom has also introduced a payment via credit/debit card. Although you will be able to instantly purchase cryptocurrency, you will have to pay extra for a quick transaction.
If you’re a seller, you can use PayPal for your transactions. This option is strictly limited to sellers only and it doesn’t look like PayPal has any intention of moving towards cryptocurrency for the time being.
Currently, Coinbase accepts:
- Bank transfer
- Credit/debit card
- SEPA transfer (Europe)
- Xfers transfer (Singapore)
Coinbase: Cryptocurrency Offered
With Coinbase you can buy and trade:
has created a Cryptocurrency trading platform, Gdax. The platform allows Cryptocurrency professionals and institutions to trade with a wide variety of virtual currencies for example Ethereum, Bitcoin and Litecoin among others.
To get started, you have to create an account. All you have to do is provide the following details – full name, email and password. Once you have verified your account, you can sign-in to your dashboard and begin trading. The interface is intuitive with real time order books, charting tools, trade history and a simple to order process.
offer both Android and iOS mobile apps, meaning you can have convenient access to your account from anywhere. These are both free to download from both the Google Play store and the Apple App store.