What Is a Coinbase?
Coinbase is a digital currency exchange that allows users to buy, sell and store cryptocurrencies such as Bitcoin, Ethereum, Litecoin and more. It was founded in 2012 by Brian Armstrong and Fred Ehrsam with the mission of creating an open financial system for the world. Coinbase provides its customers with a secure platform to purchase cryptocurrency using their bank account or credit card. The company also offers custodial services for institutional investors who want to securely store large amounts of cryptocurrency.
Coinbase has become one of the most popular exchanges due to its user-friendly interface and wide range of features including instant purchases, recurring buys/sells, merchant tools, API access and more. Additionally, Coinbase offers educational resources on how to use cryptocurrencies safely as well as customer support via email or phone call if needed. With over 20 million users worldwide it’s no wonder why Coinbase is considered one of the leading crypto exchanges today!