
However, the high cost of trading on Coinbase's standard platform may be overlooked by those who are new to crypto and looking for simplicity. The regular Coinbase account is best for newbies because of how simple it is to use. Crypto and other digital currency can be traded both on Coinbase and Coinbase Pro.
Is the coinbase app safe pro#
Coinbase also owns Coinbase Pro (formerly known as GDAX).Ĭoinbase Pro is a cryptocurrency exchange that offers much more features.Īnd many different cryptocurrencies are supported on Coinbase Pro compared to the regular Coinbase platform. Users can exchange United States Dollars (USD) for their choice of five cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC) (and many more).

In this article, you learn about the difference between the two, and how Coinbase keeps users' digital currency and data secure.Ĭoinbase is a cryptocurrency brokerage service. It is, both, an exchange and a crypto wallet.īut does this compromise safety for Coinbase users? They are the most popular crypto exchanges in the world, and for a good reason.Ĭoinbase serves a dual purpose. Coinbase only trades the most reputable cryptocurrencies and is often used by traders as an entry platform. The company was founded in 2012 and has traded more than $50 billion, in US currency.
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Coinbase is a leading online cryptocurrency exchange, but is Coinbase safe? This article provides a comprehensive look at the Coinbase crypto exchange and wallet used for trading bitcoin and other digital currency.Ĭoinbase is a business operating out of San Francisco, California. While many cryptocurrency exchanges are legit, the lack of global regulation around the crypto market causes doubt in the minds of would-be investors.
