Coinbase

User Friendly
 

Bank transfer deposits

Bank card deposits

Fiat withdraw to bank account

Mobile App

Beginner friendly features: 5

Ease of buying and trading: 5

Interface and user experience: 4

Education and learning: 4

Customer support: 5

Features
 

Spot trading

Futures trading

Advanced trading options: 3

Staking and savings: 3

Airdrops and launchpools: ×

Additional financial services: 3

Other products and services: 1

Decentralized wallet: 3

Fees
 
  • Spot Maker Fee: 0.6%
  • Spot Taker Fee: 1.20%
  • Futures Maker Fee: 0.4%
  • Futures Taker Fee: 0.6%
Safety
 

 Exchange launched in 2012

Proof of Reserves

Regulatory compliance: 5

Reputation and reliability: 5

Asset safety and trust: 5

User account security: 5

Highly regulated

Considered very safe

Volume & Altcoins
 

 Number of altcoin pairs: 250

 Last 24h trade volume (in BTC): 91,726

High trading volume

High liquidity

Features Score: 69 / 100
3.6
Total Rating: Very Good
Toggle feature descriptions
Beginner friendly buying
5
Beginner features such as fiat deposits, quick convert, recurring buys, demo trading.
Ease of buying and trading
5
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
4
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
3
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
3
Number of available staking assets and overall yields.
Airdrops & Launchpools
0
Frequency, value and ease of joining various airdrops and launch events.
Extra financial services
3
Crypto debit cards, fiat withdrawals, loans, P2P marketplace.
Trading fees
1
Competitiveness of trading fees compared to other exchanges, including discounted rates with our referral bonuses.
Volume and liquidity
4
Overall volume, liquidity and spreads on spot and derivatives markets.
Altcoins selection
3
Amount and quality of listed altcoin trading pairs.
Regulatory compliance
5
Approvals, certificates and compliance with various agencies and institutions.
Reputation and reliability
5
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
5
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
5
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
1
NFT marketplaces, copytrading, subaccounts, gift cards, trading competitions and other features.
Mobile App
4
Usability, update freqency, platforms, design and ease of trading via the mobile app.
Decentralized Wallet
3
Decentralized self-custody wallet usability, operating systems, number of assets and blockchain networks supported, DeFi options and more.
Education and learning
4
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
5
Responsiveness and availability of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
1
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.
CoinMarketCap Rating: 8.2/10
CoinGecko TrustScore: 10/10

Quick info:

Launched in: 2012
Based in: United States
Trust Score: 10/10 (Ranked #3)
Coins listed: 250+
Trading volume: 91,726 High volume High liquidity

Features overview:

  • Deposits: Cryptocurrency Bank cardsBank transfers
  • Beginner trading: Beginner-friendly interfaceSpot tradingMobile appCopytradingQuick convertRecurring buys
  • Advanced trading: MarginFutures & leverageOptionsTraditional marketsTrading bots
  • Financial services: Fiat withdrawalsDebit spending cardsCrypto loansP2P tradingStaking & Earn
  • Other features: Dark themed interface

Restricted countries

Coinbase is not available in these 20 countries:

Afghanistan, Belarus, Central African Republic, Congo - Brazzaville, Congo - Kinshasa, Cuba, Ethiopia, Iran, Iraq, Lebanon, Libya, Myanmar, North Korea, Somalia, South Sudan, Syria, Türkiye, Venezuela, Yemen, Zimbabwe.

Coinbase enforces mandatory KYC on all customer accounts. Using the exchange from restricted territories or through VPNs is not recommended.

See our list of countries to find exchanges available in your territory, or view all exchanges without KYC policy enforcement.

Available countries

Coinbase is available in 216 countries and territories.

Trading fees

  • Spot market fees: 0.60% maker,1.20% taker.
  • Perpetuals fees (Coinbase Pro or Advanced): 0.4% maker, 0.6% taker.
    • Drops to 0,35% / 0,75% and further with higher monthly trading volume, see table below.
Level 30 Day Volume Asset Balance Maker / Taker Fee
Intro 1? < $0 n/a 0.60% / 1.20%
Intro 2 < $1K < $500K 0.35% / 0.75%
Advanced 1 < $10K < $1M 0.25% / 0.40%
Advanced 2 < $50K < $5M 0.15% / 0.25%
Advanced 3 < $500K < $10M 0.10% / 0.20%
Advanced 4 < $1M < $15M 0.07% / 0.16%
Advanced 5 < $15M n/a 0.05% / 0.14%
Advanced 6 < $50M n/a 0.02% / 0.10%
Advanced 7 < $100M n/a 0.00% / 0.08%
Advanced 8 < $250M n/a 0.00% / 0.05%

For reduced fees, you need either specific 30-day volume OR asset balances as displayed in the table, not both. For small-time traders, Coinbase is one of the most expensive exchanges.

Fiat deposit & withdraw fees:

Deposit Fee Withdrawal Fee
ACH Free Free
Wire (USD) $10 USD $25 USD
SEPA (EUR) €0.15 EUR Free
Swift (GBP) Free £1 GBP

Depending on amount and payment method, Coinbase has acceptable deposit and withdrawal fees compared to other fiat gateway exchanges.

Pros

  • Considered the best fiat gateway (initial purchase of crypto with traditional currencies).
  • Supports purchasing crypto with PayPal (in United States and very few other countries).
  • Has a quick buy/convert interface for beginners, and familiar perpetual futures interface for advanced traders.
  • Highly trusted and regulated.
  • Has a debit Visa for seamless spending of crypto.
  • Free or low bank transfer deposit and withdrawal fees.

Cons

  • Has staking, but with low yields, few coins, and redemption periods.
  • Crazy high fees on spot market, making it unsuitable for day trading.
  • Not a great deal of altcoins on futures market.
  • No signup bonuses.
  • Trade fee discounts only available for high volume traders.

About Coinbase

Coinbase stands as a trailblazer in the realm of cryptocurrency exchanges, playing a pivotal role in shaping the landscape of digital asset trading. Launched in 2012, Coinbase has grown to become one of the most recognizable and user-friendly platforms for buying, selling, and managing cryptocurrencies.

Easy for beginners

One of Coinbase’s key strengths lies in its accessibility, making it an ideal choice for beginners entering the world of crypto. The platform provides a straightforward interface, allowing users to easily purchase popular cryptocurrencies like Bitcoin, Ethereum, and others using various payment methods, including bank transfers and credit cards.

Funds safety

Security is a paramount focus for Coinbase, and the exchange has implemented robust measures to safeguard user funds and personal information. Its commitment to regulatory compliance has contributed to building trust among users and establishing Coinbase as a reliable and compliant platform in the cryptocurrency space.

Trading for beginners and pros

Coinbase’s services extend beyond a simple trading platform. The exchange offers advanced features such as Coinbase Pro for experienced traders, enabling them to engage in more complex trading strategies. Additionally, Coinbase provides a secure wallet service for users to store their digital assets.

Get free crypto with “Earn”

The platform’s continuous efforts to expand its offering have seen the introduction of various products and services. Coinbase Earn allows users to earn cryptocurrency while learning about new digital assets, fostering a culture of education within the crypto community.

Debit card

One of Coinbase’s standout features is their Coinbase Card, a standard debit card that can be used to spend your cryptocurrency seamlessly anywhere Visa is accepted. Coinbase card is available to users in United States (excluding Hawaii), United Kingdom, and most of Europe.

Influence and regulations

Coinbase’s influence extends globally, and its initial public offering (IPO) in 2021 marked a significant milestone for the entire cryptocurrency industry. As a publicly traded company, Coinbase contributes to the mainstream adoption of cryptocurrencies and serves as a bridge between traditional finance and the emerging world of decentralized digital assets.

Exchange’s founder and CEO Brian Armstrong is a prominent figure in crypto, and has done more than most in the industry to make crypto investing accessible and trusted by the masses and institutions.

Coinbase is one of the most regulated exchanges in the world, and fully regulated and compliant in the United States. It operates legally and in compliance with local laws in most of the world.

Conclusion

Coinbase’s combination of user-friendly design, security measures, educational initiatives, and commitment to compliance has positioned it as a leading cryptocurrency exchange, playing a pivotal role in shaping the mass adoption of digital currencies.

Features Score: 69 / 100
3.6
Total Rating: Very Good

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