Coinbase Review – get free BITCOINS


Coinbase is the world's most popular bitcoin, ethereum, and litecoin wallet. We make it easy to securely buy, use, store, and accept bitcoin, ethereum, and litecoin. Coinbase for iOS has been designed from the ground up to to provide the best possible digital money experience on mobile.

Coinbase, available to users in over 30 countries as of 2017, is the world's largest Bitcoin broker. Customers can buy bitcoin with a connected bank account, SEPA transfer, Interac Online, and many more payment methods.

  • Easy way for new users to buy bitcoin
  • High liquidity and buying limits
  • Instant buy available with credit card as backup


How Does Coinbase Work?

Coinbase’s simple interface aims to make it easy for first-time buyers to purchase bitcoins.

The most popular payment methods for Coinbase customers are buying with a credit card or debit card, and also using a bank transfer.

There’s a full guide at the bottom of this post that shows you how to buy on Coinbase using a credit card.

Coinbase is a digital currency wallet service that allows traders to buy and sell bitcoin.

Coinbase is an online platform that allows merchants, consumers, and traders to transact with digital currency. It allows its users to create their own bitcoin wallets and start buying or selling bitcoins by connecting with their bank accounts. In addition, it provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet. Coinbase was launched in 2012 with a mission to create an open financial system for the world. It is operated from San Francisco, California.

more about how to use coinbase


Coinbase has grown rapidly since it was founded in mid-2012 by Brian Armstrong and Fred Ehrsam. The following statistics from Coinbase's landing page speak for themselves

coinbase review

Coinbase offer USD to BTC trading

... and have publicly stated their plans to add other pairs as and when banking arrangements in other jurisdictions are secured. With the seamless integration of wallet and exchange features coinbase has rapidly increased its trading volume and provides decent liquidity on low spreads.

Adding their wallet and suite of apps for most mobile devices Coinbase is rapidly becoming an industry leader. The design and ease of use of their trading interface is top of the range.

Coinbase has extremely good security practices coupled with insurance on deposits. Including that they also have raised over 100 million USD in funding providing them with a solid capital foundation. Over 97% of funds are kept offline in cold storage USB's or paper wallets. There is two factor authentication on all accounts aswell as other procedures such as SQL injection filters to halt heartbleed bug attacks - they are on top of their game.

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Is Coinbase safe?

Coinbase is a Bit coin company situated in San Francisco, also backed by trusted investors. Coinbase interface intends to make it simple for buyers to purchase bit-coins. The very popular payment techniques for Coinbase customers are buying using a credit card or bank card, and also using a bank transfer. Coinbase could be the world's largest market that is Bit-coin, so that is a question. Does Coinbase Work? On these pages we'll review Coinbase and its own brokerage, exchange, and wallet.

Coinbase could be the planet's largest Bit coin broker, and now provides a market, wallet, and developer API.

Will Coinbase Be the Biggest Bank In The World?

Banks might think that idea was quite cute. San Francisco based Coinbase are the largest cryptocurrency exchange in the world. They have 11 million users and 200 staff. Lloyds bank have 30 million users and 75k staff. Wells Fargo have 70 million users and 270k staff.

coinbase bitcoins

Coinbase offers the following benefits:

  • A wide variety of fiat deposit and withdrawal options.
  • Purchase of up to $1000 worth of BTC per week for verified credit card holders.
  • Instant transfers between Coinbase users.
  • Well-designed and intuitive user experience.
  • Online and mobile wallet services, with multi-signature security option to prevent unauthorised movement of funds.

Coinbase buy and sell Bitcoin

Coinbase allows users to purchase a digital currency by directly transferring money from a bank account. Although the exchange rate is locked in at the time of order placement, the digital currency is not released for four business days. Verified users are allowed to create instant-purchases, which credits the digital currency to their account before the bank transfer clears.

Linking a bank account can be done using Instant Account Verification (by providing your bank account credentials) or through a Challenge Deposit method which takes 2-3 business days to complete. The bank verification process is very similar to the relevant procedure at PayPal.

Proceeds from selling a digital currency are sent as a direct ACH transfer to a linked bank account. The price is locked upon executing the sell and the funds arrive in the bank account in 2-3 business days.

Does Coinbase Support Your Country?

Coinbase offers its brokerage services in the United States, United Kingdom, Canada, Singapore.

Coinbase also supports the following European countries:

San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Latvia, Liechtenstein, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Finland, France, Greece, Hungary, Ireland, Italy, 

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