Cryptocurrency Exchanges

Coinbase

3.5 (6 reviews)
🇺🇸 United States, San Francisco
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3.5
6 reviews
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About Coinbase

Largest US cryptocurrency exchange by trading volume, publicly listed on NASDAQ, serving over 100 million verified users globally.

Customer Reviews

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Reliable and well-regulated

E
Ethan I.
4 weeks ago

What sets Coinbase apart for me is the regulatory compliance. In a space full of questionable operations, they've obtained proper licenses and maintain high standards. Proof of reserves is published regularly. Trading is smooth and withdrawals to my cold wallet have always been fast.

Pros: Regulated, proof of reserves, fast withdrawals

Cons: Sometimes new coins are listed later than competitors

Solid exchange with good selection

L
Lucas E.
1 months ago

I use Coinbase for trading altcoins alongside the majors. Their coin selection is extensive and they're usually quick to list trending tokens. The staking rewards program is a nice passive income feature. Trading fees are reasonable and decrease with volume. Good exchange overall.

Pros: Wide coin selection, staking rewards, volume discounts

Cons: App can be slow during high-traffic periods

Best crypto exchange for beginners

L
Lori G.
2 months ago

As someone new to cryptocurrency, Coinbase made it incredibly easy to get started. The sign-up process was quick, identity verification took less than a day, and buying my first Bitcoin was straightforward. Their educational content helped me understand the basics. Still using them two years later.

Pros: Easy for beginners, fast verification, good education

Cons: Advanced features are limited

Good for holding, not for active trading

C
Charlotte Z.
3 months ago

If you're just looking to buy and hold crypto long-term, Coinbase is fine. The security gives me peace of mind. But for active trading, the interface isn't great - limited order types, basic charting, and higher fees compared to dedicated trading platforms. Use it for what it's good at.

Pros: Good security for long-term holding

Cons: Not suitable for active trading, limited tools

Account frozen without explanation

A
Aiden H.
7 months ago

Had a reasonable experience with Coinbase for months until my account was suddenly restricted without clear explanation. It took three weeks and dozens of support tickets to get it resolved. Apparently it was a routine compliance check but the lack of communication was unacceptable. My funds were inaccessible during this time.

Pros: Works fine when your account is active

Cons: Random account freezes, terrible communication during issues

Works fine but fees could be better

K
Keith F.
10 months ago

I've been using Coinbase for about a year. It works well for basic buying and selling. The app is clean and easy to navigate. My main complaint is the fee structure - the spread on buy/sell is quite wide and there are additional fees on deposits. For frequent traders, costs add up.

Pros: Clean app, easy to use

Cons: High fees, wide spread on trades