{"id":122068,"date":"2023-11-02T15:24:12","date_gmt":"2023-11-02T15:24:12","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=review&p=122068"},"modified":"2024-10-18T11:58:45","modified_gmt":"2024-10-18T11:58:45","slug":"coinbase-review","status":"publish","type":"review","link":"https:\/\/www.techopedia.com\/cryptocurrency\/coinbase-review","title":{"rendered":"Coinbase Review 2024 – Fees, Features, Pros & Cons Revealed"},"content":{"rendered":"

Our review of Coinbase covers the pros and cons of using the exchange, comparisons to other platforms, and the overall user experience.<\/p>\n

Is Coinbase the right crypto exchange for you? Let’s find out.<\/p>\n

What is Coinbase?<\/span><\/h2>\n

\"coinbase<\/p>\n

Coinbase<\/a> is a cryptocurrency exchange that allows users to buy cryptocurrency with fiat currencies, like the USD or GBP, sell crypto for cash, or trade one crypto for another. Founded in 2012 by Brian Armstrong, a former Airbnb engineer, and Fred Ehrsam, a former Goldman Sachs trader, the exchange has grown to over 100 million users in more than 100 countries worldwide.<\/p>\n

In 2021, Coinbase went public, offering its shares on the US Nasdaq exchange. The move led to increased transparency for users through SEC filings<\/a> and quarterly earnings reports<\/a>.<\/p>\n

Daily trading volume on Coinbase often exceeds $1 billion, ensuring higher liquidity for traders and making Coinbase one of the leading crypto exchanges in the world.<\/p>\n

What Cryptocurrencies Can You Trade on Coinbase?<\/h3>\n

Coinbase offers over 250 cryptocurrencies for trading, including top assets like Bitcoin and Ethereum, which combined represent about 45% of the total volume on the exchange.<\/p>\n

\"Coinbase<\/p>\n

But you’re not limited to the leading crypto coins and tokens. Coinbase offers a wide range of cryptocurrencies and serves as a launchpad for many new cryptocurrencies.<\/p>\n

When The Graph (GRT) launched on Coinbase in December 2020, the value of the token increased fivefold in the first three days of trading, later going on to increase in value by nearly 20x compared to its launch price of $0.12. Coinbase featured the crypto in its learning rewards program, a popular way to earn free cryptocurrency while learning about new tokens.<\/p>\n

Top traded assets on Coinbase include:<\/p>\n