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Beginner’s guide to coinbase app

Coinbase app – Crytocurrency trading may not be possible without effective exchanges in major cities of the world.

Effectively, the business of cryptocurrency has gone beyond the trade walls to ensure that users afford seamless and credible experience while buying, selling or storing bitcoin in their wallets.

Coinbase app undoubtedly has made a bold statement with its coordination of business revolving around cryptocurrency dated back to its advent into the market since 2012.

About Coinbase

Coinbase is a leading cryptocurrency exchange in the United States, founded in 2012 by Brian Armstrong and Fred Ehrsam and had since sprayed like wildfire rendering cryptocurrency services in 40 states of the United States.

On coinbase, users can buy, sell and create a wallet to further store their cryptocurrencies with ease and great user satisfaction.

Read also: List of Bitcoin app that lets you earn free money in Nigeria

Coinbase offers variety of cryptocurrencies for its users to trade on, which include but not limited to;

  • Basic attention token
  • Algorand
  • OMG Network
  • Dai
  • 0X
  • Kyber network
  • Augur
  • Orchid
  • Band protocol
  • Bitcoin
  • Ethereum
  • XRP
  • Chainlink
  • Bitcoin cash
  • Bitcoin Satoshi vision
  • Litecoin
  • EOS
  • Tezos
  • Stellar Lumens
  • USD Coin
  • Cosmos
  • Dash etc.

These are some of the cryptocurrencies you can trade on the Coinbase app platform.

Coinbase wallet

Coinbase has a kind of straight forward wallet that’s very easy, strait and simple to sign up with in minutes with unique features and user experience that’s almost unbeatable in the industry.

Features of coinbase wallet

  • It has a multi coin support which allows users to manage cryptocurrencies and tokens
  • It enhances a wide range of digital collectibles that keeps your ERC721 in a beautiful single traceable gallery
  • Maximum security is assured, it uses a technology centered on biometric authentication to grant user access. This is to prevent against unauthorized access into your wallet, which may result to lose of crypto.
  • With coinbase wallet, sending and receiving crypto around the world happens in a speed of light, this is achievable with just your username.

Real also: Beginner’s guide to Coinmama app in Nigeria

How to create coinbase wallet

Kindly download your coinbase wallet here, sign up with your details, username and start sending and receiving funds on the cooinbase platform around the world.

Fees

Coinbase has a kind of fee which comprises of

  • Market price Pro +0.5%
  • With a flat transaction fee of $200 or taken on a percentage of transaction.
  • Well, it has a transaction fee of 1.49% for standard purchase and 3.99% when you make purchases with your credit card.

Coinbase app review

A number of reviews have been written about this app, these reviews have further shown why coinbase may really be the go for exchange for every trader in the world.

Kindly follow this link to read a few of these reviews.

Conclusion

Coinbase app has been so instrumental in enhancing user experience, buying and selling cryptocurrency has become easier, the effectiveness and ease of transacting on the platform, unquestionably puts an end to any doubt, on whether if crypto is the latest and leading world hack.

 

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