As of January 2020, Coinbase offers its users the ability to buy, sell, and store four different cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). In addition, Coinbase also offers its users the ability to trade two other cryptocurrencies: Ethereum Classic (ETC) and 0x (ZRX).
Coinbase is one of the most popular cryptocurrency exchanges in the world and offers its users a number of advantages. First, Coinbase is one of the most user-friendly exchanges available, allowing even those who are not particularly tech-savvy to easily buy and sell cryptocurrencies.
Second, Coinbase is extremely reliable and has built up a good reputation over the years. Third, Coinbase offers its users a high level of security, with both 2-factor authentication and a host of other security features.
Fourth, Coinbase also offers its users the ability to buy cryptocurrencies with fiat currencies such as US dollars, Euros, British Pounds, and more. This is possible through Coinbase’s partnership with a number of different payment processors such as PayPal, credit card providers, and others. Fifth, Coinbase has very low fees compared to other exchanges.
For example, when buying Bitcoin with US dollars on Coinbase, the fee is only 1.49%.
Sixth, Coinbase also offers its users the ability to use what is called a “vault.” This is essentially a savings account for cryptocurrencies which allows users to store their coins in a safe and secure offline location.
Finally, Coinbase also has a mobile app which allows users to buy, sell, and store their cryptocurrencies on the go.
All in all, Coinbase is one of the best cryptocurrency exchanges available and offers its users a number of advantages over other exchanges. If you are looking for an easy-to-use exchange with low fees and good security features, then Coinbase is definitely worth considering.