Pros: Established and Reputable Platform

Founded in 2012, Coinbase is a legacy Coinbase Cryptocurrency Review ecosystem. It is an exchange that allows users to buy and sell crypto coins, and offers several ways to store these assets. Coinbase is also a payment processor, meaning that it makes it easy to use digital assets as payments. In addition, Coinbase is a public company and thus projects an image of legitimacy and security, which is important in the volatile cryptocurrency space.

Cons: Poor Customer Support

Thousands of Coinbase customers have brought complaints to regulatory bodies about issues with their accounts. Whether due to hacking, account freezes, or ineffective customer service, it’s clear that Coinbase needs to improve its support. Moreover, users have reported problems with the app’s security features. In addition, many users are confused about Coinbase’s fees and policies.

Coinbase is a popular choice for new investors in the cryptocurrency market. It provides a simple onramp to crypto investing, but high fees and support hiccups can turn some people away. This article dives into the pros and cons of Coinbase so you can make an informed decision about whether or not this is the right exchange for you. In addition, this article outlines some alternatives to Coinbase that might be a better fit.