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Coinbase is the regular platform for new users, while Coinbase Pro is for experienced traders. Coinbase Pro offers advanced trading options like crypto-to-crypto trading and advanced charting. Educational videos are available on the platform. The Coinbase customer support channels include email, telephone, and live chat.Fees
The minimum trade on the Coinbase platform is $2. Investors can expect a transaction fee of up to 1.49% for bank account and USD wallet transfers. Debit/credit card transactions attract a fee of 3.99%. Wire transfers attract a fee of $25 for outgoing transfers, and incoming transfers attract a fee of $10.Storage
Customer funds are stored in cold storage boxes that are scattered around the world. New users have to submit a government-issued identification when they open a Coinbase account.
Since 2012, Coinbase has provided a platform to trade cryptocurrency in a far, accessible and efficient way. Their purpose is to encourage economic freedom for people to become financially stable.
There are a lot of reasons why you should use Coinbase. Some examples include:
Coinbase charges a fee depending on the size of your transaction. For example, the price for those $10 or lower is $0.99, while those between $10 and $25 is $1.49, or those between $25 and $50 is $1.99 and for those between $50 and $200 is $2.99.
To get started with Coinbase, all you need to do is go on their website and click the 'Get Started' button. Their application process takes a few minutes for which you can link your bank account and start buying and selling instantly.
Coinbase has high-quality security with two-step verification and instant freeze to ensure your card is secure. They also have secure storage in place for all digital assets and are protected by cryptocurrency insurance and FDIC insurance.