Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Coinbase was founded in June 2012 by Brian Armstrong and Fred Ehrsam. Armstrong is a former software engineer at Airbnb and Ehrsam is a former trader at Goldman Sachs.
As of May 2017, Coinbase had 7.4 million users with over $20 billion worth of digital currency exchanged.
Coinbase has been incredibly successful since its inception. It is one of the most popular ways to buy and sell Bitcoin, Ethereum, and Litecoin.
And as cryptocurrencies continue to gain mainstream adoption, Coinbase will only become more popular.
Coinbase is a good buy because it is a well-run company that is benefiting from the mainstream adoption of cryptocurrencies. The company has strong management, a solid business model, and is one of the most popular ways to buy and sell digital currencies.