US-based Coinbase exchange is a highly trusted, wholly compliant Bitcoin and altcoin exchange that acts as the first contact for many American traders, but serves nobly for users worldwide.
Let’s check it out:
- Security: Coinbase is perhaps the most secure exchange on the list. Wholly compliant with rigorous US government regulations, and fully insured, holding coin on Coinbase is about as safe as it gets. As the first “unicorn” in the cryptocurrency space, Coinbase has a long history of success and is fully capable of upholding security.
- Markets: Users can trade Bitcoin, Litecoin, Ethereum, and Bitcoin Cash against BTC and USD. Additionally, Coinbase offers a “pro” branch with a couple dozen more cryptocurrencies. Liquidity on Coinbase is top-notch across all of its markets.
- Fees: Unfortunately, Coinbase does carry greater fees than the competitors listed above. Trading through the main exchange carries a fee of $3 or 1.5%, whichever is greater, and Coinbase Pro activity still rocks 0.25% fees. Fortunately, deposits are free and withdrawals only require mining fees.
- Usability: Like Digital Surge, Coinbase is poised as a wonderful option for new traders. Coinbase makes it insanely easy to set up your account and hook up your bank. There is an education centre that also pays new users to learn about projects, with current rewards totaling $130. Not only do they make it easy to trade, but they also make it easy to get started with a bit of coin, too.
Like Binance, Coinbase is, of course, not based in Australia, which makes it not quite as tailored as some of the domestic alternatives. Regardless, it’s a safe and easy exchange for new and experienced crypto traders alike.