Coinbase Review 2017
Welcome to our Coinbase review 2017. Coinbase is a secure online platform for buying, selling, transferring, and storing bitcoins or Ethereum. Similar to a traditional wallet you may carry in your pocket, a bitcoin wallet is used to store money. Their goal is to create an open financial system for the world. So transferring your btc to Euro or you’re Euro to bitcoins is not gonna get easier than this!
How to get started with CoinBase
To get create an account in Coinbase is very easy. All you need to get started is a username, first and last name, password and your email address. After registering at Coinbase all you need to do is verify your email. From this point on you are ready to purchase your first Bitcoins or Ethereum!
Convert/transfer your currency with Coinbase
The payment options for Coinbase are Bitcoin, Ethereum, Creditcard, debitcard, and bank wire. There are a lot of options to transfer money in or out your Coinbase account.
Fund your Coinbase account:
- Visa and MasterCard
Withdraw from your Coinbase account:
- Visa and MasterCard
What makes Coinbase great
- Coinbase makes buying and selling bitcoins and ethereum easy.
Sending or receiving bitcoin between online wallets, friends, or merchants in your Coinbase wallet is free!
Coinbase handles security and backups so you don’t have to worry!
Coinbase offers a wallet, and coinbase exchange, and merchant tools with one simple interface.
Coinbase is a platform on which many bitcoin applications are built using their coinbase API.
- When you register you will get $10 for free!
Is Coinbase user-friendly?
Your Coinbase wallet comes in multiple languages: English, Spanish, French, German, Italian, Portuguese, Portuguese-brazil, bahasa (indonesia) and Dutch. Coinbase is supported in a total of 33 countries therefore you can use it almost anywhere in the world. Some examples of these countries are the US, UK, Germany, France, the Netherlands, Belgium, Cyprus, Italy, Luxemburg, Malta and Spain. Coinbase supports USD, EUR, GBP, CAD, ETH and BTC currencies for trading. For customers in the US, the USD wallet is available to states where Coinbase is licensed to engage in money transmission.
Is Coinbase trustable and secure?
The Coinbase Wallet attaches a lot of value to security, therefore it is great when it comes to your money. Also very important to tell is that 98% of the funds are stored offline. Another great part of the Coinbase security is the 2-factor authentication. This means that you have to use the SMS verification code, your password and your username per device that you are using.
Coinbase wallet is SSL encrypted, with HTTPS being the most advanced method of keeping the web safe. The wallets use AES-256 encryption this is a great addition to the already safe platform.Another important thing is that all the employees of get a background check before they can work for Coinbase Wallet. Conclusion, we find coinbase safe.
Coinbase Wallet Review Afterword
After reading our Coinbase review 2017, you should have a good overview of the online wallet. Coinbase is reliable, has the proper licences and are therefore fully trustable. Don’t hesitate to have a look at their Legal & Privacy section.
Your coinbase Wallet is in safe hands to their 2-factor authentication, this makes them very safe. It is a great tool that prevents online hacks and other potential threats. The Design of Coinbase is pretty modern, since it has a great design.
Another great thing to mention is that with your first deposit you and the person that introduced you to the Coinbase wallet will get $10 for free after your first deposit of $100+. We hope you enjoyed our Coinbase Review 2017.
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questions or testimonial below!