As a part of a payment app, coinbase stands out as crypto currency based financial service.
Every online business person knows how important it is to have payment gateway for their business.
Coinbase is one of the leading crypto currency exchange places. It allows users to buy and sell crypto currencies at one place at a professional level.
It is one of the established trading platforms for individuals and businesses. It gives wide varieties of products and services.
Let us see about coinbase account today.
Coinbase is america based company started in june 2012 and currently operates over 100+ countries. It currently supports 100+ currency types.
It operates as a crypto currency exchange platform. Offers services based on crypto currencies.
Coinbase products: As said it offers wide ranges of products and services for retail traders, institutional traders and individuals.
- For individuals they can buy, sell and use cryptocurrencies using their personal accounts.
- They can store crypto currencies on their account with an assigned wallet.
- Businesses and institutions with their account can invest and trade cryptocurrencies.
- Businesses are allowed to store their assets in digital form here. No need to worry about security as it is insured with FDIC.
- Virtual currencies supporting bitcoin, bitcoin case, ethereum classic, ethereum, litecoin. You can buy, sell any of this or you can trade and invest from your coinbase account.
- With USD coin users can trade on cryptocurrency exchange with their stablecoin product which has the same value.
- With coinbase visa debit cards, users can spend cryptocurrency that anywhere visa cards get accepted.
- Coinbase commerce is a product which is used for merchants payments.
- Coinbase prime is the product that is used for institutional customers.
- Coinbase custody is the product which offers specialist level services for institutions that hold bitcoin and other cryptocurrencies with Coinbase.
- This service includes the use of an SEC-qualified custodian, third-party auditing and financial reporting validation, provided by Coinbase partners.
Advantages Of Coinbase Account:
Depending on whether using coinbase or coinbase pro, the fees differ.
But for both the fees for transactions, selling, buying or trading considerably lower than other exchange platforms.
The coinbase insured with FDIC, so storing cryptocurrencies, trading outside has been secured with complete insurance.
Customers funds are stored offline and are stored in different locations. So even data from one server is lost, your data still reachable.
For any activity you can add this verification from coinbase which adds extra security for your account process.
Coinbase entire traffic runs with SSL certificate enabled and the wallet being private keys are stored using AES-256 encryption which is one of the best security systems.
The processing fee, conversion fee and exchange rate fees are very transparent and will be informed to you before making any transactions.
With level 2 account, you can purchase a $50000 worth crypto limit exchange per day on your US account. For a UK account it is €30000.
It has mobile app and desktop version which supports all browsers with optimized pages. It’s user interface is easy to adapt and understand.
Just join or buy a verified coinbase account, trade from day one. And you can connect your bank account with one step.
Where to buy verified coinbase accounts?
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