As one of the most popular cryptocurrency exchanges in the world, Coinbase is often the first stop for many people who are looking to invest in Bitcoin or other digital currencies. Founded in 2012, Coinbase is a digital asset business that allows its users to buy, sell, and store cryptocurrencies.
It is headquartered in San Francisco, California.
Coinbase has been incredibly successful since its launch, with over 13 million users as of 2018. In 2017 alone, Coinbase processed $1 billion worth of transactions.
And it’s not just individuals using Coinbase – some of the world’s largest hedge funds and financial institutions are also clients.
So, is Coinbase legit? The short answer is yes. Coinbase is a legitimate cryptocurrency exchange with a strong reputation.
It is one of the most well-known and trusted exchanges in the industry.
However, that doesn’t mean that Coinbase is perfect. Like all businesses, there have been some controversies and problems associated with Coinbase.
For example, in 2017 there were reports of people not being able to withdraw their money from Coinbase. And in 2018, there were issues with people not being able to access their accounts due to a technical glitch.
Despite these problems, Coinbase remains a safe and reliable way to buy, sell, and store cryptocurrencies. If you’re looking to get started in the world of digital currencies, Coinbase is a good place to start.