Coinbase Trading Review

Coinbase is a cryptocurrency exchange that offers an easy fiat on-ramp and a simple trading interface for crypto novices. It’s also a popular place to buy and sell NFTs (non-fungible tokens). Its ease of use is matched by an excellent mobile app that has high ratings in the Google and Apple app stores. It’s one of the most trusted exchanges and a great choice for beginners.

Unfortunately, Coinbase is not without its issues. Its shady fee structure and lack of investor protections put it in an unfavorable position. The company also tends to take sides in Bitcoin debates, which can damage its reputation and ultimately lead to a drop in user numbers. Find out  https://www.theinvestorscentre.co.uk/reviews/coinbase-review/

Despite these shortcomings, Coinbase remains the most trusted and popular cryptocurrency exchange in the US. It has a large library of educational content and its Coinbase Earn program offers a creative way to incentivize users to learn and interact with the platform.

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While the platform has a great interface, the fees can be expensive. On a standard trade, you’ll pay a maker/taker fee that varies from 0.00% to 0.40%. This fee is based on how much you contribute or withdraw from the order book and whether you provide or take liquidity.

It also charges a spread, which is a padded price that locks in your transaction before it’s submitted to the order book. This is a bit more complicated than the maker/taker fee but still less expensive than other exchanges. Coinbase Advanced, which is a new feature, provides advanced traders with a direct interface to the order book and lower fees.