Coinbase
The most trusted cryptocurrency exchange in the US, publicly traded on NASDAQ.
About Coinbase
Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency. Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase has grown to become one of the largest and most trusted cryptocurrency exchanges in the world. The platform is known for its user-friendly interface, making it an excellent choice for beginners entering the crypto space. Coinbase is publicly traded on NASDAQ (COIN) and is regulated as a Money Services Business (MSB) by FinCEN. Key features include FDIC insurance on USD balances up to $250,000, a wide range of educational resources through Coinbase Learn, and the Coinbase Card for spending crypto. Advanced traders can use Coinbase Advanced Trade for lower fees and more trading options.
Pros
- Excellent safety score
- FDIC insured USD balances
- Tier 1 jurisdiction (strong regulation)
- Staking available
- Derivatives trading
- Mobile apps available
Cons
- Higher trading fees