Coinbase, Exchanges

Does CoinTracker Work With Coinbase?

Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Coinbase has a customer base of 13 million.

Coinbase was founded by Brian Armstrong and Fred Ehrsam in June 2012. Armstrong is a former software engineer at Airbnb and Ehrsam is a former Goldman Sachs trader. In October 2012, the company launched the services to buy and sell bitcoin through bank transfers. In May 2013, the company received a US$5 million Series A investment led by Fred Wilson from the venture capital firm Union Square Ventures.

In December 2013, Coinbase raised another US$25 million as part of a Series B funding round, which was again led by Fred Wilson from Union Square Ventures. The company has also raised other funding rounds totaling US$106 million. .

Coinbase allows its users to buy and sell cryptocurrencies through their website, as well as mobile apps for Android and iOS devices. They offer both a wallet for storing cryptocurrencies, as well as an exchange where users can buy and sell cryptocurrencies for other assets, such as fiat currencies or other digital currencies.

Coinbase has been criticized for its lack of customer service, with some users complaining that it can take weeks to get a response from customer support. Coinbase has also been criticized for its high fees, which can be as much as 3.

99% for certain transactions. However, Coinbase has stated that they are working on lowering their fees.

Overall, Coinbase is a reliable and safe way to buy and sell cryptocurrencies. They offer a user-friendly platform and have built up a large customer base.

However, their high fees may deter some users from using their services.

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