Coinbase review: A crypto exchange for new investors and traders

Coinbase review: A crypto exchange for new investors and traders

Whenever someone asks about how to begin investing in cryptocurrency, is usually mentioned as a good place to start. Founded in 2012 just three years after the creation of Bitcoin, has since become the largest cryptocurrency exchange in the U.S. by trading volume, with more than 73 million verified users in over 100 countries. While the company offers a number of valuable products for retail and institutional investors, businesses and developers, its core feature is the ability to buy, sell and trade more than 100 different cryptocurrencies and crypto tokens. Its quarterly trading volume is currently $327 billion with $255 billion in assets on the platform after going public through a direct listing on the Nasdaq exchange in April 2021. While Coinbase's transaction and trading fees are higher than some of its competitors, it's still one of the most popular applications out there for cryptocurrency investing. For retail investors, offers the following products: At just $2, has one of the lowest minimum balance requirements of any crypto exchange, which makes it an attractive choice for new investors. The Coinbase Earn feature — which allows users to watch short educational videos, take small quizzes about them and earn free crypto assets