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Coinbase
Thinking of using Coinbase to buy, sell, or store crypto? Read our complete review to learn about its features, pricing, and overall performance!
Coinbase App Review: Features, Fees & Security Breakdown
Cryptocurrency is a digital asset that acts as a medium of exchange and uses strong components to conduct financial transactions. The word ‘cryptocurrency’ is derived from the techniques and methods used to secure the network.
The market is growing strongly because of the launch of new Bitcoins in the market. The awareness about cryptocurrencies has grown in the last few years and people have started expressing their interest in purchasing digital currencies. This has led to an increase in demand for apps where you can manage and sell your cryptocurrency.
Today we will be sharing a descriptive app review of one such app ‘Coinbase.’
Coinbase Review and Summary
Coinbase is one of the world’s largest cryptocurrency exchange platforms with more than 25 million users across 30+ countries. The Coinbase app enables the user to create your cryptocurrency portfolio and has a variety of distinct features that make it the best place to start trading.
The Coinbase app was founded in June 2012 and since then it has raised $217M from leading investors. The app provides its users with new digital currencies such as Litecoin, Bitcoin, and Etherum to transact.
Some Evident Features of the Coinbase App
The Coinbase app promotes the buy and sell of cryptocurrencies as well as the opportunity for its users to earn coins. Check out these key features of the Coinbase app that make it the best cryptocurrency trading platform.
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Safety First
The safety of its user’s account is the first priority of the Coinbase app. The app has high safety standards, multi-level verification and you can even lock your app with the help of a password.
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Smart Tools
Coinbase app provides updates and features for new users to help you build your portfolio and build your knowledge in the cryptocurrency world.
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Manage your portfolio
Build and manage your portfolio from where you can buy and sell popular digital currencies and can also keep a track of all of them in one place.
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Recurring buys
You can invest in cryptocurrencies by scheduling the buys daily, monthly or weekly with the help of the Coinbase app.
How can you use the Coinbase app?
Using Coinbase trading platforms can be a confusing task as they require a lot of expertise and knowledge. You can follow the steps given below to set up an account and start buying and selling cryptocurrency.
- Create an account by clicking on the sign-up option on the website
- Verify your account by accessing your email
- Select your country and add your phone number
- Users need to submit an ID and photo verification as part of Coinbase ID verification
- Add to your Coinbase payment methods
Now you can purchase any cryptocurrency using the Buy/Sell digital currency tab present. Select the type of cryptocurrency you want to purchase and your preferred payment method and at last, confirm your transaction.
Is the Coinbase app safe to use?
Coinbase is the world’s largest and most trusted cryptocurrency company based out of San Francisco. All digital currencies stored on Coinbase limits are protected by insurance. The Coinbase app will cover losses incurred due to breach of Coinbase physical security or employee theft.
Only 2 percent of the customer funds are stored online while 98 percent of customer funds are stored offline so offline storage provides a security measure. The Coinbase app also follows a two-step verification process for login.
Currencies & Supported Assets in the Coinbase App
Coinbase app offers a wide range of cryptocurrencies and supports the coins which are given below:
- Bitcoin
- Bitcoin Cash
- Ethereum
- Ethereum Classic
- Litecoin
- Basic Attention Token
- 0x
- USD coin
Pros and Cons of Coinbase
Pros
- Offers advanced trading tools like real-time order books and charting with TradingView
- Secure and regulated platform — the only publicly traded U.S. crypto exchange
- Easy buying, selling, tracking, and management of crypto portfolio
- Supports a wide range of cryptocurrencies including BTC, ETH, ADA, and many altcoins
- Strong security features including 2FA, encrypted vaults, and public audits
- Allows earning through staking and USDC rewards
- Seamless crypto transfers and automatic/recurring buys
- Companion Coinbase Wallet available for users who prefer self-custody
Cons
- Some features like staking and Coinbase One benefits are region-limited
- Trading fees can be higher for casual users unless subscribed to Coinbase One
- Accessing full benefits (like zero fees) requires a paid subscription (Coinbase One)
- Limited control over funds unless using Coinbase Wallet (self-custody option)
- International services may vary depending on territory
Some Evident Features of the Coinbase App
The Coinbase app promotes the buy and sell of cryptocurrencies as well as the opportunity for its users to earn coins. Check out these key features of the Coinbase app that make it the best cryptocurrency trading platform.
1. Safety First
The safety of its user’s account is the first priority of the Coinbase app. The app has high safety standards, multi-level verification and you can even lock your app with the help of a password.
2. Smart Tools
Coinbase app provides updates and features for new users to help you build your portfolio and build your knowledge in the cryptocurrency world.
3. Manage your portfolio
Build and manage your portfolio from where you can buy and sell popular digital currencies and can also keep a track of all of them in one place.
4. Recurring buys
You can invest in cryptocurrencies by scheduling the buys daily, monthly or weekly with the help of the Coinbase app.
Is the Coinbase app safe to use?
Coinbase is the world’s largest and most trusted cryptocurrency company based out of San Francisco. All digital currencies stored on Coinbase limits are protected by insurance. The Coinbase app will cover losses incurred due to breach of Coinbase physical security or employee theft.
Only 2 percent of the customer funds are stored online while 98 percent of customer funds are stored offline so offline storage provides a security measure. The Coinbase app also follows a two-step verification process for login.
Currencies & Supported Assets in the Coinbase App
Coinbase app offers a wide range of cryptocurrencies and supports the coins which are given below:
- Bitcoin
- Bitcoin Cash
- Ethereum
- Ethereum Classic
- Litecoin
- Basic Attention Token
- 0x
- USD coin
Services Offered by Coinbase App
The Coinbase app offers services for every niche be it an advanced trader, a business or an individual. Check below the products for every niche.
For an Individual
The below-mentioned services are for users who have just started trading, buying and selling cryptocurrencies for personal use:
- Coinbase Wallet - Coinbase recently launched an independent mobile wallet for both Android and iOS users. The wallet will have access to all the funds.
- USD Coin - A type of cryptocurrency that always has a stable coinbase bitcoin price and can always be redeemed.
- Cryptocurrency Brokerage - The Coinbase app offers brokerage services for its new users and they often buy their first bitcoin through Coinbase because it is the best bitcoin exchange platform.
For an Advanced Trader
Experts with high knowledge of cryptocurrency and trading platforms can use Coinbase Pro:
- Coinbase Pro - Coinbase Pro is for more experienced users and simplifies the process of buying cryptocurrencies at a premium rate.
For Business
Businesses investing in cryptocurrency or thinking of having a startup can use the services stated below:
- Commerce - Businesses can accept cryptocurrencies using this service within minutes without any extra Coinbase transfer fees.
- Custody - A type of crypto asset custody for independently capitalized businesses in the Coinbase exchange.
- Ventures - Using these services, startups can raise money for those who want to build an open financial system.
MAD Verdict - Coinbase App Review
If you are new to the cryptocurrency world, it becomes essential to have a platform that can guide the user on how to buy/sell digital currency. Coinbase is a simple yet best bitcoin trading platform.
Coinbase has a simple yet innovative user interface, the app is protected by insurance and 98 percent of customer funds are stored offline so safety is ensured. The app offers an easy to use service for trading and also provides the support of brokers.
The Coinbase app somewhere lags in customer support but it is currently working on this particular area for further improvement. The cryptocurrency exchange application has also attracted a huge user base of over 30 million users, which definitely makes it stand out among its competitors.
In case you still have any doubts regarding the Bitcoin exchange process, then feel free to comment down below so that MobileAppDaily’s expert team can assist you at the earliest. In addition to this, you can always go ahead and check out the other in-depth app reviews of trending Android/iOS apps that we regularly release on our platform.
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MobileAppDaily’s POV on the Coinbase App
As a MobileAppDaily writer always on the lookout for apps that blend power with usability, Coinbase stood out as a serious contender in the crypto space. It offers an impressively secure and feature-rich experience for both beginners and seasoned traders.
From advanced charting tools powered by TradingView to seamless options for staking, tracking, and transferring crypto, Coinbase feels like an all-in-one command center for digital currency.
Its clean interface hides some pretty robust tech under the hood, and as the only publicly traded crypto exchange in the U.S., it brings a level of transparency and trust that’s rare in the crypto world. The fact that it holds all customer assets 1:1 and undergoes quarterly audits definitely adds peace of mind.
I introduced Coinbase to a few of my teammates here at MobileAppDaily who were curious about dipping their toes into crypto, and they were pleasantly surprised by how easy it was to get started. The app’s intuitive layout made it simple for them to buy their first crypto, while the staking and recurring buy features helped them automate their portfolios. One of my teammates even found the Coinbase Wallet particularly useful for self-custody and privacy.
However, we all agreed that the platform’s fee structure could be more transparent for non-Coinbase One users, and that some of the advanced features might overwhelm newcomers. Still, for anyone serious about exploring crypto with a balance of power, security, and ease, Coinbase is definitely worth a try.
FEATURE
Packed with powerful tools for both beginners and pros — from staking and portfolio tracking to advanced charting and trading capabilities.
PRICING
While Coinbase One offers benefits like zero trading fees and priority support, the standard platform has relatively higher fees compared to other exchanges.
PERFORMANCE
The app is fast, secure, and reliable. Real-time updates, seamless transactions, and smooth navigation make it suitable for daily crypto use.
USER FEEDBACK
Coinbase combines professional design with user-friendly navigation. While newcomers might need a moment to adjust to advanced features, the interface remains clean and accessible.
Final Verdict!
Coinbase stands out as a powerful and secure cryptocurrency platform that caters to both beginners and seasoned traders. With its robust set of features, seamless performance, and strong focus on safety, it’s easy to see why it remains a top choice for managing digital assets. Whether you’re exploring crypto for the first time or looking to expand your portfolio with advanced tools, Coinbase offers a well-rounded experience that continues to earn trust worldwide.
Coinbase
Frequently Asked Questions
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How much does Coinbase charge to buy or sell digital currency?
Coinbase charges a spread of about 0.50 percent for its Coinbase fees for any purchase or sale of digital currency. It can also vary due to market fluctuations in the price of digital currencies.
A flat coinbase transaction fees or variable percentage fee is also charged other than the spread.
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How to buy Ripple on Coinbase?
Written By Aman Gaur
Aman Gaur is a Senior Writer at MobileAppDaily (MAD). He is an IT engineer (as per academics) who turned to writing because of his flair for storytelling. He has an experience of 6+ years and has worked with multiple companies in many niches but primarily ‘Tech’. He has many interests that range from being a tech enthusiast to an admirer of international music and cinema. Currently, he is using his skills to help MAD expand and create valuable content for the platform, thereby, helping in improving overall traffic, leads, and branding of the company.
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