Coinbase, Exchanges

Why Is Coinbase So Bad?

There are a number of reasons why Coinbase is considered to be a bad choice when it comes to cryptocurrency exchanges. One of the main reasons is that they are one of the most expensive exchanges to use. Their fees can be as high as 4% for certain transactions, which is much higher than other exchanges. Additionally, they have been known to be one of the sLowest exchanges when it comes to processing withdrawals and deposits. This can be extremely frustrating for users who are trying to trade quickly. Another downside to Coinbase is that they are not very transparent about their operations.

NOTE: WARNING: Coinbase is a digital currency exchange that has been known to suffer from slow customer service response, technical issues, and high fees. Additionally, Coinbase has been accused of blocking withdrawals and freezing accounts without proper explanation. As such, it is important to exercise caution when dealing with Coinbase and to only use it when absolutely necessary.

For example, they have been known to change their terms and conditions without notice, or without providing a clear explanation. This can make it difficult for users to understand what they are agreeing to, and can lead to confusion and frustration. Finally, Coinbase has been known to be one of the most hackable exchanges. In 2017, they were hacked twice, losing over $30 million worth of cryptocurrencies. This is a major red flag for users who are looking for a safe and secure platform to trade on. Overall, Coinbase is considered to be a bad choice for many users due to their high fees, slow processing times, lack of transparency, and susceptibility to hacks.

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