How does Coinbase work?

Like stock trading apps you may already be familiar with, Coinbase shows you the current price and trends for cryptocurrencies, a look at your portfolio of holdings, and news stories about the industry. Here’s how to get started and how to buy and sell cryptocurrencies with Coinbase.

What cryptocurrencies can you buy on Coinbase?

In a nutshell, Coinbase is a cryptocurrency exchange where you can buy popular coins like Bitcoin, Ethereum and Solana. Not every coin is supported on Coinbase, but there are more than 120 different types of cryptocurrencies on the platform. Meanwhile, there are thousands of different cryptocurrencies available worldwide.

Is Coinbase better than Coinbase pro?

While Coinbase can be used for most of your crypto trading needs, opening a Coinbase Pro account may be useful if you're looking for a more in-depth, advanced experience. On the other hand, you can switch between both versions if you want the best of both worlds!

Is Coinbase FDIC insured?

In addition, Coinbase’s U.S. dollar accounts are FDIC insured up to $250,000. The company also offers Coinbase Prime, servicing some 9,000 institutional investors.