Coinbase, Exchanges

What Is USD on Coinbase?

Coinbase is one of the most popular cryptocurrency exchanges and allows you to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. You can also use Coinbase to buy goods and services with Bitcoin, Ethereum, and Litecoin. However, what is USD on Coinbase?

USD on Coinbase is an account that allows you to hold U.S. dollars on the Coinbase platform.

NOTE: WARNING: Please be careful when dealing with USD on Coinbase. It is important to understand that Coinbase is not a bank and USD deposits may not be FDIC insured. Additionally, Coinbase may limit your ability to convert USD into digital assets or withdraw USD from your account if it believes this activity is related to fraud or other suspicious activity. Please use caution and read all terms and conditions prior to engaging in any USD transactions on Coinbase.

You can use USD on Coinbase to buy cryptocurrencies or to hold funds until you are ready to withdraw them to your bank account. USD on Coinbase is FDIC insured up to $250,000.

Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

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