As one of the most popular ways to buy and sell cryptocurrencies, Coinbase also allows its users to buy and sell regular stocks. While Coinbase supports many mainstream stocks and exchange-traded funds (ETFs), there are a few key things to keep in mind before using the platform to make stock trades.
For starters, Coinbase only allows users to buy and sell stocks during market hours on weekdays. This means that if you want to place a trade for a stock that’s not trading on a given day, you’ll have to wait until the next market day to do so.
NOTE: WARNING: It is not possible to buy regular stocks on Coinbase. Coinbase is a digital currency exchange, not a broker-dealer, and therefore does not offer traditional investing services. Users can buy, sell and store digital assets, but cannot purchase regular stocks through the platform.
Another thing to keep in mind is that Coinbase only supports certain types of stocks. For example, you can’t trade penny stocks or pink sheet stocks on the platform.
In addition, Coinbase only supports a limited number of countries when it comes to buying and selling stocks.
If you’re looking to buy regular stocks on Coinbase, it’s important to keep these things in mind. However, as long as you’re aware of the limitations, Coinbase can be a great way to buy and sell mainstream stocks.
3 Related Question Answers Found
If you’re new to the stock market and are looking for a way to get started without putting too much money at risk, penny stocks may be a good option. While there are many online brokerages that allow you to buy penny stocks, Coinbase is not one of them. Coinbase is a digital currency exchange that allows you to buy and sell cryptocurrencies, but it does not offer traditional stocks or mutual funds.
Yes, you can make money trading on Coinbase. Coinbase is one of the most popular cryptocurrency exchanges, and for good reason. It’s user-friendly, has a great mobile app, offers a variety of payment methods, and is one of the most trusted exchanges in the industry.
As cryptocurrency becomes more mainstream, investors are looking for ways to trade it. Futures contracts are one way to do this. But can you buy futures on Coinbase?
