Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy Bitcoin with a debit or credit card. But is it a good idea to use Coinbase to buy Bitcoin?
There are a few things to consider before buying Bitcoin on Coinbase. First, Coinbase has been known to be one of the most reliable and user-friendly exchanges.
They have been in operation since 2012 and have built up a large user base.
Second, Coinbase allows you to buy Bitcoin with a debit or credit card. This is convenient if you don’t have a bank account or don’t want to use one to buy Bitcoin.
Third, Coinbase has relatively high fees compared to other exchanges. For example, they charge a 3.
99% fee for credit card purchases. So, if you’re looking to get the best price on Bitcoin, you might want to look elsewhere.
Fourth, Coinbase is not available in all countries. If you live in a country where Coinbase is not available, you’ll need to find another exchange.
All things considered, Coinbase is a good option for buying Bitcoin if you’re looking for a reliable and user-friendly exchange. However, if you’re looking for the best price on Bitcoin, you might want to look elsewhere.