Coinbase is the biggest crypto exchange in the US. It was founded in 2012 by an American company and was able to gather a large user base since then. However there are not many cryptos to buy on this platform. At the moment there are only about 30 digital currencies on offer. Among these the most important ones, like Bitcoin, Ethereum and Bitcoin Cash.
However when it comes to paying one gets many options: regular trading charges a fee of 1,49%. Trading by credit card charges fees of 3,99%. One can even buy and sell via SEPA. Deposits don’t cost any fees. Transfers from the platform however charge 0,15 €. There is a limit of 500 € at the beginning, which doesn’t apply to trading cryptocurrencies. Payments are exceptionally fast, it only takes seconds.
The interface is as clear as the assortment of cryptocurrencies. The design seems very tidy and simple. The same goes for the app. After logging in one immediately sees every chart and one gets direct access to the wallet. Via the app one can send his coin to a more secure offline wallet without problems. The company is supervised by United States authorities and should be seen as a trustworthy business.
It just takes a couple of minutes to register on this site. Coinbase is certainly worth trying, you should register at some point.
Pros
- High level of security
- Very high usability and entry-friendly
- Very well known
Contras
- There are only a few Altcoins
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