Coinbase, Exchanges

Is Coinbase Real?

Coinbase is a digital asset exchange company headquartered in San Francisco, California. The company was founded in June 2012 by Brian Armstrong and Fred Ehrsam, and has since grown to become one of the most popular cryptocurrency exchanges in operation today.

Coinbase allows its users to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, as well as to store them in a wallet on the Coinbase platform. The company is one of the most well-funded startUPS in the cryptocurrency space, having raised over $217 million from investors such as Andreessen Horowitz, Union Square Ventures, and Ribbit Capital.

Coinbase has been incredibly successful since its launch, and its user base has grown exponentially. As of November 2017, Coinbase had over 13 million users on its platform.

NOTE: WARNING: Coinbase is a legitimate service, however it is important to exercise caution when using the service as there have been reported incidents of fraudulent activity and unauthorized access. Before using Coinbase, ensure that you are comfortable with the security protocols in place and that you have read up on any relevant terms and conditions. Additionally, never share your personal information or passwords with anyone.

The company has also been expanding its services beyond just buying and selling cryptocurrencies, and now offers tools for developers to build applications on top of the Coinbase platform.

The Coinbase platform is often lauded for its simplicity and ease of use. However, some have criticized the company for being too centralised and for not being transparent enough about its operations.

Overall though, Coinbase remains a popular choice among cryptocurrency users and is generally considered to be a reliable and trustworthy exchange.

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