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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Coinbase Wallet by Gabriel Medina

Revainrating 5 out of 5

Coinbase is an option to start

Coinbase is an application for storing, buying, selling, sending or receiving Bitcoin and other altcoins. It is currently available in 102 countries and is considered one of the largest Bitcoin brokers in the world.
It is a very simple platform to use, and it is where we all usually start.
The world of cryptocurrencies is very confusing at first and Coinbase helps us understand the technology in a very simple way (as if it were PayPal).
Who is it aimed at and what functions does it fulfill?
  • Coinbase may interest you if you are starting out in the world of cryptocurrencies.
  • You can buy and store the most important currencies: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, 0x, etc. Every time they incorporate more ...
  • You can send and receive to other email addresses.
  • You can exchange them for fiat money, that is, change it to Euros, dollars or your local currency.
  • It is available in many languages: German, English, Spanish, French, Italian, Nederland, Portuguese.
  • They have recently created a visa card that you can use in any business.
  • Conclusion
    In short, I think it is an option to start (although not the only one). Coinbase is a super complete platform where we can carry out all kinds of operations with Bitcoin in a simple and reliable way.

    

    Pros
    • Safe and regulated service.
    • The platform is really friendly and very easy to use, even if you don't have experience.
    • Excellent liquidity.
    • You can create as many addresses or wallets you need.
    • You can buy instantly using your credit or debit card.
    Cons
    • Cryptocurrency offerings are very limited.
    • It does not allow you to make large purchases at the beginning and the maximum limit to invest is low.
    • Commissions a bit high.

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