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What is Coinbase and how does it work?

Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide. Prices

What is Coinbase's fee structure?

Coinbase has an easy-to-use platform, but a complicated fee structure. The basic Coinbase platform has an extremely convoluted fee structure. You don’t pay maker/taker fees or a flat fee, but a spread fee that temporarily locks in the price for the transaction. You don’t get to see the fee you’ll pay until you’re about to submit the trade.

Is Coinbase safe?

Coinbase offers more than 500 crypto-to-crypto trading pairs. While cryptocurrency exchanges are not protected by the FDIC or the SIPC, Coinbase says it "carries crime insurance that protects a portion of digital assets held across our storage systems against losses from theft, including cybersecurity breaches."

How do I open a coinbase account?

To open a Coinbase account, you need to be at least 18 or older, have a government-issued ID, an internet connection and a phone number. Coinbase, like most crypto exchanges, doesn’t charge any fees for opening an account. Once a user taps the “get started” button on the Coinbase homepage, they’ll enter their legal name, email and password.

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