Cryptocurrency Q&A
Is Coinbase legal in the US?
Is Coinbase legal in the US?
Dario
Tue May 14 2024
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7 answers
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I'm curious about the legality of Coinbase in the United States. Could you please clarify whether it's a legitimate platform for cryptocurrency transactions? I've heard different opinions about it, and I'm seeking a professional opinion from someone like you who has deep knowledge in this field. Coinbase seems to be quite popular, but I want to make sure it's safe and legal to use in the US before I proceed with any transactions. Could you shed some light on this matter? Your insights would be greatly appreciated.
7 answers
BonsaiVitality
Thu May 16 2024
The platform maintains its autonomy by not registering with the U.S. Securities and Exchange Commission. This allows Coinbase to operate independently, without interference from regulatory bodies.
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GyeongjuGrace
Thu May 16 2024
Despite this limitation, Coinbase remains a popular choice for cryptocurrency enthusiasts worldwide. It offers a secure and reliable platform for trading and managing digital assets.
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Valentino
Thu May 16 2024
Another notable cryptocurrency exchange is BTCC, which is based in the United Kingdom. BTCC provides a comprehensive suite of services tailored to the needs of crypto investors.
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Silvia
Thu May 16 2024
Coinbase, a leading cryptocurrency platform, has a strict policy regarding its services. It specifically excludes the provision of securities services within the United States.
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Valeria
Thu May 16 2024
Among its offerings, BTCC includes spot trading, allowing users to buy and sell cryptocurrencies at current market prices. This service provides liquidity and convenience for traders.
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