Coinbase is a digital asset exchange company, with is based in San Francisco, California. It allows the customers to exchange Bitcoin, Ethereum, and Litecoin, just to name a few. In total, you can exchange fiat currencies in 32 countries, and Bitcoin transactions and storage in 190 countries worldwide.
Coinbase have very publicly stated their plans to add cryptocurrency plans, as soon as banking arrangements in other jurisdictions are secured. Despite this, Coinbase have rapidly increased its trading volume, now providing decent liquidity on low spreads, thanks to the seamless integration of wallet and exchange features.
They have added a suite of apps, which are compatible with most mobile devices, which is boosting their reputation, leading them to be one of the best in the industry. They have worked hard to develop a great and easy to use interface, which is top of the range.
Coinbase operate great security practices, as well as insurance in all deposits. They have also raised over 100million USD in funding, which has provided them with a solid capital foundation. They keep over 97% of their funds kept offline in cold storage USB’s, or paper wallets, and they have a two-factor authentication on all of their accounts as well, as well as procedures such as SQL injection filters that have been designed to halt heart bleed bug attacks.
Year Launched: 2012