What is Coinbase and how does it work?

Specifically, Coinbase Wallet lets you: Manage ETH and all your ERC-20 tokens (very soon we’ll be supporting BTC, BCH, and LTC). Receive airdrops and ICO tokens. Buy and store crypto collectibles — non-fungible tokens that are unique — and use them in games, or trade them on marketplaces. Send payments to anyone anywhere, without geographical borders or fees. More items...

Is Coinbase safe and legit?

Yes, Coinbase is a safe and legit place to buy and sell cryptocurrency. They are the largest Bitcoin exchange and broker in the world. They are the largest Bitcoin exchange and broker in the world. San Francisco, where it's based, has exceptionally strict regulations, and Coinbase is backed by a number of high-profile investors.

What is Coinbase custody, and why should you care?

What is Coinbase Custody, and why should you care Coinbase Custody services a range of customers including institutions, hedge funds, ICOs and cryptocurrency exchanges. In partnership with ETC , a SEC-registered broker-dealer and FINRA member, Coinbase Custody is to offer a service that couples Coinbase's crypto asset security excellence with ...

Does Coinbase provide monthly statements?

My lender asked for a monthly account statement -- same as you would get from your bank, or Paypal, Robinhood, or any other major business that handles money. In other words -- not a spreadsheet report. I contacted support, and Coinbase says they can't provide this. That means I can't use any of the funds I received from them as a down payment.