Review on Coinbase Wallet by Ibrahim Sunday
Coin base review: credibility, security, transaction fee
Coinbase is a multicoin wallet it has a lot of projects or altcoins listed in it, it has a lot of solid options to invest and trade on and still have plans to add more.
Coinbase trading is highly recommended for beginners in my opinion. this done in its single coin base app. Coin base does not have any extra app for
While using coinbase, you may encounter "coin base pro". Coin base is an absolutely simple for on ramp crypto investment, coin base pro offers far more larger and robust charting and trading experience. Coin base has a really high fee for transactions and you cannot use the limit, stop limit features, etc on it. But using coin base pro, you can use almost all the features on leading exchanges and experience really low transaction
Security of your wallet, coinbase is highly secured, i had a hard time trying to login when I forgot my password. it uses a 2 step verification and an optional biometric finger print login
Coinbase is an easy to use platform, it has both a web version and a mobile app version both for android and
Pros
- They have a very low transaction charge
- They have a very large variety of altcoins,
- Extremely highly liquidity and with a great speed.
- Simple user interface, comprehensive and fun to use.
Cons
- Most rewards are not being paid due to verification problems which their support never cared to assist you in.
- The trade future is not available for Nigerians and other countries
- You can only fund your account with USD, and Cryptos.
- Users do not control private and wallet keys.
- High transaction fee when you are not using coin base pro
