Coinbase is a digital asset exchange company headquartered in San Francisco, California. It operates exchanges of bitcoin, Ethereum and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Coinbase is one of the most popular cryptocurrency exchanges and allows users to buy, sell, and store cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Coinbase has been incredibly successful since its launch in 2012, growing to serve over 13 million customers with over $20 billion in assets under management. In 2018 alone, Coinbase added over 5 million new customers.
So what is Coinbase mainly used for?
Coinbase is primarily used as a cryptocurrency exchange, allowing users to buy and sell cryptocurrencies with fiat currencies. Coinbase also allows users to store cryptocurrencies in their online wallets.
NOTE: WARNING: Coinbase is primarily used for buying and selling cryptocurrencies, and is not a secure platform to store large amounts of money. Coinbase is not a bank or financial institution and it is not insured by the FDIC or any other government body. As such, users must take all necessary steps to secure their accounts against unauthorized access and potential loss of funds.
In addition to these two main uses, Coinbase also offers a range of other services such as merchant processing, earning interest on crypto deposits, and more.
While Coinbase started out as a way to trade and store Bitcoin, it has since expanded its offerings to include a wide range of other cryptocurrencies. As of writing, Coinbase supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, XRP, Ethereum Classic, Stellar Lumens, Zcash and 0x.
This makes Coinbase one of the most versatile cryptocurrency exchanges available.
7 Related Question Answers Found
When Coinbase goes public, it will be one of the biggest IPOs in years. The cryptocurrency exchange is currently valued at around $8 billion and is expected to be worth much more when it goes public. This could potentially make Coinbase one of the most valuable companies in the world.
Coinbase is a digital asset exchange company headquartered in San Francisco, California. It operates 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 2012 by Brian Armstrong and Fred Ehrsam.
Coinbase is a digital asset exchange company founded in 2012. The company is headquartered in San Francisco. Coinbase allows users to buy and sell digital currencies such as Bitcoin, Ethereum, and Litecoin.
What is Coinbase? Coinbase is a digital asset exchange company 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.
In December of 2017, Coinbase, one of the most popular cryptocurrency exchanges, experienced a major outage that left users unable to access their accounts or execute trades. The outage was caused by an issue with the underlying infrastructure that Coinbase uses to power its exchange. While the issue was resolved relatively quickly, it highlights the fragility of the infrastructure that supports the still-nascent cryptocurrency industry.
When it comes to buying and selling cryptocurrencies, Coinbase is one of the most popular exchanges in the world. But what exchange does Coinbase use? Coinbase is a US-based exchange that trades in both fiat currencies and cryptocurrencies.
Coinbase, one of the most popular cryptocurrency exchanges, has been in the news a lot lately. In addition to being one of the most valuable startUPS in Silicon Valley, Coinbase is also one of the most well-funded. Coinbase has raised over $200 million from investors like Andreessen Horowitz, DFJ Growth, and NYSE.
