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Coinbase Review: Is Coinbase safe to buy cryptocurrency?

Cryptocurrencies have gone mainstream this year. The general public is also trying to invest in cryptocurrencies. In order to do so, it is important to find out a reliable cryptocurrency exchange. Only once you are able to find a reliable cryptocurrency exchange, you will be able to buy cryptocurrency. One name which will often do the rounds when you’re looking for cryptocurrency exchanges is Coinbase.

International cryptocurrency exchange:

Even though Coinbase is based in San Francisco but it operates in 32 different countries. The total number of customers which it has is over 12 million. Also, it has done the business of more than $ 40 billion till now in the digital currencies. As a result, it is well established and it is reputed as well. It is, in fact, the largest cryptocurrency exchange in the world. Thus, if you’re thinking of buying cryptocurrencies, it will be a good idea to always go with the market leader.

When you look at Coinbase, you will realize that the interface is pretty simple to understand. Moreover, it allows multiple currencies as well. In addition to that, it allows you to buy the cryptocurrencies with the help of bank transfers and debit cards as well as credit card. As a result, you do not have to worry about just sticking to a single payment method. It allows multiple payment methods quite easily.

Signing up on Coinbase:

You need to understand that when you sign up on Coinbase, you need the basic details like:

  • Name
  • Email address
  • Password

Thereafter, you have to think about the content which you want to create. You have to just verify your phone number after that and select a proper payment method. Once you are able to fund your account, you will be able to easily buy cryptocurrency. As you can see, the method is pretty simple.

Is Coinbase completely safe?

You need to keep in mind that Coinbase is based in the United States. As a result, you can be sure that it will always abide by the state lawn as well as the federal law. The laws regarding financial companies are pretty strict in the United States. As a result, you can be sure that it will abide by the law of the land which makes it much more secure as compared to some of the other cryptocurrency exchanges.

Customer support:

Coinbase provides you with the FAQ page and also it provides you support with the help of email. However, you might have to wait for up to 72 hours in order to get reply.

Thus, if you’re looking to buy cryptocurrencies on a safe platform, Coinbase is the one which you should definitely try out. Tags: coinbase review reddit, coinbase review 2018, is coinbase safe 2018, coinbase problems 2018, is coinbase safe to link bank account, coinbase vault review, coinbase security breach, coinbase fees

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
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