Coinbase

Coinbase review - is it safe or scam?

Updated: 30, July 2018, 15:14

Easy

ease of use

Trusted

reputation

Average

fees

Coinbase is one of the larger exchanges and the largest Bitcoin broker, available in 30 countries. The company itself is based in the US.

The exchange offers payments with SEPA, bank transfer, Interac Online as well as Credit or Debit Card. After testing the exchange ourselves, it is safe to say that it is suitable for beginners and that it offers an easy way for new buyers to purchase Bitcoin, Ethereum, Litecoin and Bitcoin Cash. It is possible to instantly buy cryptocurrencies with Credit Card, which makes it a fast exchange.

The user interface is very clear and easy to understand, so you will quickly find your account, where to sell and buy your coins or how to check the current rates.

Coinbase charges a fee for both buying and selling of cryptocurrencies, depending on the total amount and method of payment. When buying or selling, the fees are clearly shown so you will be aware of what your transaction costs you on the exchange. Coinbase will track your transaction, so if you are a fan of anonymity, consider this when choosing this exchange.

Coinbase also has an app for both Android and iOS which are as easy to use than the desktop version. Overall, we can recommend Coinbase for new users to purchase Bitcoin, Ethereum, Litecoin and Bitcoin Cash, we like the easy user interface and the payment options.

Ease of Use
Reputation
Fees
Volume
Security
Coinbase.com
2018

REVIEW SUMMARY

<p>Coinbase supports most European countries plus US, UK and CA that provides you with different kinds of order options for ETH, BTC and LTC.</p>

CURRENCIES

AUD, EUR, GBP, SDG, USD

LANGUAGES

DE, EN, ES, FR, ID, IT, NL, PT

DEPOSIT OPTIONS

  • VISA
  • Mastercard
  • Bank Transfer
  • Sepa
  • Wire Transfer

ORIGIN COUNTRIES

United States

PROS

  • +One of the larges exchanges
  • +Easy to use
  • +High liquidity
  • +International market

CONS

  • -Limited payment methods
  • -Tracks transactions
  • -Support could be better
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