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.
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.