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Review on Coinbase Pro by Alexander Grizma

Revainrating 5 out of 5

Coinbase My in-depth review of the largest exchange

Cryptocurrency exchanges are a key component of the modern crypto industry, and today we will tell you about the Coinbase trading platform, which is one of the most reliable today.

We are focusing on the Coinbase exchange. Today, Coinbase is deservedly included in the list of the leading cryptocurrency exchanges, has a solid trading volume and high capitalization. The number of users exceeds several million people, and cryptocurrency trading is available to residents of several hundred countries. The service supports 25 cryptocurrencies, including the USDC stable coin. And also work with fiat is available on the exchange: the US dollar, the euro and the British pound. This is a very good indicator. If you decide to work with Coinbase, start by registering on the site. Coinbase is a purely American resource, so the main language of the site is English. There is an opportunity to choose other options, including the Russian language.

The exchange interface is very simple, user-friendly and concise. The developers have made sure that the site is comfortable for both beginners with no experience and advanced traders. After the account is created, you will have access to all the functionality of the exchange, except for the operations of buying and selling cryptocurrency. To gain access to trading, you need to pass verification on the exchange. But, as we said earlier, verification is available only for users from partner countries of the exchange. If your country is not included in this list, you will receive a corresponding notification from the system. In this case, access to the passage of verification and trading will be blocked. It is important to note that if you live in one country, and the identity document was issued by another, you will not be able to pass verification either.

Deutsche , on the other hand, decided to delist after discovering an error in the LEI code, as a result of which the price of Coinbase shares fell by several percent during the day.Coinbase also has a dark side of the coin. So many users regularly complain about the extremely slow and incompetent work of the support service. According to users, the Coinbase support service is not particularly interested in solving your problem, responds with scripts, which delays the resolution of various situations. The US Securities and Exchange Commission has already accumulated 134 pages of such complaints.

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Pros
  • Good
Cons
  • No problems

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