Cryptocurrency Q&A
What is the difference between Coinbase and Coinbase exchange?
What is the difference between Coinbase and Coinbase exchange?
Martina
Wed Sep 04 2024
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6 answers
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Excuse me, could you please clarify the distinction between Coinbase and the Coinbase exchange? I understand that both are involved in the cryptocurrency market, but I'm not entirely sure how they differ from each other. Could you elaborate on the key features and functionalities of each platform, and how they cater to different needs within the crypto space?
6 answers
Dario
Fri Sep 06 2024
Coinbase Wallet and Coinbase Exchange, despite being owned by the same entity, offer distinct services tailored to different needs within the cryptocurrency space.
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Carolina
Fri Sep 06 2024
Coinbase Wallet functions as a non-custodial, or self-custodial, crypto wallet, empowering users with full control over their digital assets.
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Dario
Thu Sep 05 2024
In contrast, Coinbase Exchange serves as a custodial crypto exchange, facilitating the buying, selling, and trading of cryptocurrencies on behalf of its users.
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Leonardo
Thu Sep 05 2024
Coinbase Exchange caters primarily to those seeking a streamlined platform for cryptocurrency transactions, offering a user-friendly interface and robust security measures.
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KimonoElegance
Thu Sep 05 2024
On the other hand, Coinbase Wallet enables users to interact directly with DeFi (Decentralized Finance) protocols, unlocking a world of decentralized financial opportunities.
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