Review on Coinbase Wallet by Ufuk Yıldırım
Coinbase is best wallet and crypto exchange ?
Coinbase is a wallet trusted and used by millions of people. I have been using Coinbase for a long time, with payment systems and hot wallets it offers you, you can transfer money very quickly, but what I don't like is that the money transfer fees are too high.
I have been using Coinbase for a long time and I have never disliked any of its features other than the high transfer fees.
You can make your Coinbase wallets more secure with the 2FA (two factor authenticaton) feature. To enable 2FA, enter the settings section from the profile tab, then click the Security section to enable 2FA.
The biggest reason why most investors in the crypto money exchange prefer Coinbase is that Coinbase is one of the oldest and most reliable companies that took the first step in crypto money.
Coinbase in Turkey are not open to use, but you can process in Turkey using Bitcoin wallet for it, then you have come to part with your address wallets wallet Wallet tab, then click the BTC can start making process.
I think it is one of the most reliable companies in the cryptocurrency exchange, it is far ahead of most companies in terms of both transaction speed and reliability, and I am sure it will continue to work for many more years.
I think Coinbase is a company that will be very valuable in the future, it does not cover a lot of cryptocurrencies for now, but I believe it will evolve over time.
For now, many wallets on the site are working very well, new ones will be added to these wallets over time, in addition, I think they should charge less transfer fees now because 10% of your current balance goes to transfer fees and this is not a nice situation. If you are a high-budget investor and you are constantly trading on exchanges, you want to use exchanges and wallets with low transfer fees, but this cannot be said for Coinbase, the transfer fees are very high and users often complain about high transfer fees, so they are in a bad situation in the eyes of their users.
What I am most satisfied with using Coinbase is its built-in trading system that allows companies to integrate Cryptocurrency gateways into the websites users have the option to use. I have been using Coinbase for a long time The system is very easy to use and has a well made API to implement.
Coinbase hosts very reliable wallet addresses compared to other cryptocurrency exchanges and sites that offer wallet addresses, these wallet addresses synchronize with ERC20, TRC20 and other transfer forms.
Transfer processing speed is very fast, but transfer fees are high.
You can have a free wallet address at Coinbase and you can earn free crypto money by taking advantage of the airdrops on the site.
In order to withdraw money at Coinbase, you have to authenticate, you need to take a selfie with the front of your ID, the back and your ID for authentication, and send it to Coinbase, then your identity verification process will begin, the identity verification process usually takes 1 hour.
Coinbase is a site that will gain a lot of value and I believe they will improve over time, I strongly recommend you to use Coinbase.
Updated 4 years ago
Rating has not been changed
Hi everyone, I used Coinbase Wallet for 1 month and learned more information now I will share the information I earned with you.
In fact, not much has changed, because Coinbase Wallet is a wallet that most users prefer and use without any problems, since it has a constantly live market and is a wallet belonging to the Coinbase exchange.
Because of this, I recommend that you also use a very nice wallet, although I use it for another 1 month.
Pros
- fast processing feature
- fast and secure payment system
Cons
- wallet transter fees are high
- Not all countries have access to buying and selling options
