Сryptocurrency exchange Coinbase

Coinbase is an American cryptocurrency exchange founded in 2012 by Brian Armstrong. It is the largest exchange in the United States in terms of trading volume, which is $71.28 billion per day. Users of the site can trade more than 240 coins and fiat made up of 300+ currency pairs. From this review, you can find out what is Coinbase.

The features of the cryptocurrency exchange include the following:

• A large selection of coins. The platform supports over 240 cryptocurrencies. Among them are Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Solana (SOL) and other popular tokens.
• High level of security. The crypto exchange offers clients enhanced account protection, which requires mandatory login confirmation via SMS, and also an electronic key on a physical medium at the trader's request.
• A large number of additional tools. The platform is not only a reliable crypto exchanger. It also offers many other options, including debit cards for offline and online payments with cryptocurrency.

As of 2025, Coinbase exchange is one of the largest and most well-known crypto platforms in the world. The company has more than 8 million active users monthly and is one of the largest on the online market. The platform is a truly proven exchange that can be trusted. And all largely thanks to a well-thought-out account protection system.

However, the exchange also has its drawbacks. The main one is the low level of traders’ anonymity. Verification is mandatory on the platform, and some popular coins with an emphasis in protecting personal data are not traded at all (for example, Monero). Another disadvantage is that, according to the user agreement, the platform reserves the right to block the account of any client without explanation, including at the request of US government agencies.

Despite the shortcomings, the platform occupies top positions in ratings and has high evaluations from professional traders. This is due to the good reputation, reliability, and stability due to its location in the American jurisdiction.

To start trading on the exchange, you need to register, go through identity verification, and make a deposit. This can be done without any difficulties even by novice traders. Below are the instructions for each step, as well as for other actions that need to be performed to start working on the platform.

There are 2 types of accounts on the crypto exchange: Individual or Business. The first is intended for private clients, it allows users to trade, make crypto transfers, and store coins. The second is needed for transactions with large sums. In addition to standard trading, it offers a number of additional features, including team and portfolio management.

Coinbase register implies completing the following steps:

1. Go to the official website of the exchange.
2. Click on the Sign Up button at the top of the page.
3. Select the account type (Individual or Business).
4. Enter your email address.
5. Confirm your email with a code.
6. Come up with a password.
7. Enter your first and last name.
8. Enter your phone number.
9. Confirm your phone number with a code.

After confirming your phone number, the registration is complete. Important: this instruction is relevant for creating an Individual account. For Business account registration, the procedure is slightly different, as you need to specify company information and some other details.

ATTENTION! The password must contain at least 8 characters, including at least 1 digit, 1 special character, uppercase and lowercase Latin letters.

Coinbase verification is a mandatory condition for working on the crypto exchange. To pass it, you will need to complete the following steps:

1. Log in to your personal account on the crypto exchange.
2. Go to the Home section.
3. Click the Verify now button.
4. Click Get verified.
5. Click Verify info.
6. On the page that opens, click Verify your identity.
7. Select the type of document to upload.
8. Click Upload and select the path to the files.
9. Confirm upload.

You can upload your national passport, ID card or driver's license as an identity document.

For Coinbase wallet login, you need to:

1. Click Log In.
2. Indicate your email address.
3. Click Continue.
4. Enter your password.
5. Click Continue.

After that, a one-time verification code will be sent to the phone number specified during registration. It must be entered on the cryptocurrency exchange website. Once this is done, the user will be authorized in the account.

ATTENTION! It is possible to adjust the website settings to send the code not to the phone, but to the email. This is done through the authorization menu.

In addition to the standard login method, the exchange offers several other options:

• Passkey. In this case, authorization is performed using a special flash drive with an electronic key.
• Google. Login is performed via the account at this popular search engine.
• Apple. When using this method, the trader logs in using their Apple account.
• Wallet. Traders can log in via Coinbase Wallet, Metamask, and Wallet Connect.

In case the client of the exchange has forgotten the password, they can recover it. To start the procedure, click the Forgot your password button in the authorization menu and follow the further instructions. By default, the trader's email is used to reset the login data, but it can also be switched to the phone linked to the account.

To get to the personal account, you need to click on the round icon with the first letter of the user's email address, located in the upper right corner of the page. The trader's profile consists of the following sections:

• Home. This is the main section. Information about the exchange client is stored here. You can also start the verification process from here.
• My assets. This section contains information about the trader's assets. You can also manage your assets from there - top up the balance and withdraw funds.
• Trade. The transition to this section opens the trading terminal where you can buy or sell cryptocurrency.
• Futures. Here the user can access the trading functions of the platform.
• Perpetuals. In this section, you can conclude perpetual contracts.
• Earn. Here the user can invest funds.
• More. This button opens additional functions of the personal account.

There is also the Advanced switch in the profile. When you activate it, the site switches to the mode for professional traders.

To make a deposit to the balance of the platform, you will need to:

1. Go to your personal account.
2. Open the Assets section.
3. Click Add cash.
4. Select the deposit currency.
5. Copy the crypto wallet number.
6. Transfer funds to the specified wallet.

If you plan to make a deposit in fiat currency, you will need to click Add cash in your account, select the currency, payment method, specify the amount, details and confirm the transaction.

ATTENTION! Coinbase minimum deposit is not determined. Due to this, users can deposit even a small amount.

Beginner traders often ask themselves: how can I withdraw money from Coinbase? Indeed, if we are talking about withdrawing in fiat currency, the procedure is a little more complicated than on other exchanges, due to the features of the interface. To withdraw money, you will need to follow these steps:

1. Log in to your account.
2. Open the Assets section.
3. Find the desired asset in the list below and click on it.
4. Select Sell.
5. Specify the exchange amount, fiat currency and confirm the action.
6. Return to the Assets section and click on the desired fiat.
7. Click on the Cash Out button.
8. Specify the amount, withdrawal method and details.
9. Confirm the financial transaction by clicking Cash out now.

Withdrawal in crypto is much simpler - for this you need to select the desired coin in the Assets section, click on it, click Send, specify the credentials of the cryptocurrency wallet, activate the transaction preview, and then confirm the action.

The crypto exchange has official applications for smartphones. They offer the same set of functions as the platform's desktop site. Through the software, you can make deposits, trade, exchange coins and perform other actions with cryptocurrency and fiat assets.

The Coinbase app for Android can be downloaded directly from the Play Market. To do this, you need to find the platform's software in the store, then click Install on its page, wait for the download and installation to complete.

The software interface differs from the desktop one - it has been redesigned for touch screens of smartphones. The controls are designed differently, some sections of the personal account and functions are placed on the main screen for quick access.

Despite the differences, the design of the application continues the concept of the cryptocurrency exchange website. Thanks to this, users who previously traded from the web version will easily understand the software.

To download Coinbase for iPhone, you need to go to the App Store, enter the name of the exchange in the search, click on the appropriate result, and then click Download on the program page, wait for the download and installation to complete. The interface of the application is almost no different from the Android version, and in terms of capabilities, it completely reproduces the desktop site of the platform.

Coinbase download PC is currently not possible, since the crypto exchange does not have software for desktop systems. You can trade from your computer through the web version of the platform. In addition, the exchange has a special extension for the Chrome browser for more convenient asset management. It can be downloaded from the official Chrome store.

ATTENTION! If the user was unable to find the extension on their own, they can go to the required pages using the link from the official website of the crypto exchange.

The exchange charges fees for the following transactions:

• deposit;
• withdrawal;
• trading;
• lending.

Coinbase trading fees may vary depending on the transaction. Their amounts depend on the order size, market conditions, jurisdictional location, and asset. All fees are calculated in BPS. For example, spot trading of stablecoin pairs at loyalty level 1 charges 0.1 BPS, and for spot trading with other coins by market order - from 0.05% to 0.6% of the transaction amount.

There is no commission fee for a deposit in cryptocurrency. If the transaction is carried out in fiat, then a commission is charged. It depends on the specific currency. For example, for a replenishment in US dollars, you will have to pay 10$, and if the transaction is in euros - only 0.15€.

The commission fee for withdrawal also depends on the payment method. If the transaction is made in cryptocurrency or euro, then it is absent. For the dollar, the commission is 25$, for the British pound - 1£.

ATTENTION! When transacting through the P2P Coinbase service, commissions for replenishment and withdrawal in USD are significantly lower and are at the spot level.

The exchange offers clients a number of additional options for working with assets:

• NFT Store. Via the platform, users can trade NFT: sell to and buy from other clients of the crypto exchange.
• Lending. Traders can receive loans in cryptocurrency for trading or other purposes.
• Coinbase earning. Like many other crypto exchanges, you can invest funds on the platform and receive a certain passive income from this.
• Debit cards. Clients of the platform can order a plastic card to pay for purchases from the exchange balance.

These options are available to all registered users. The exception is the option to issue the car -, its registration is available only to US citizens. At the same time, the card itself can be used anywhere in the world, provided that the Visa payment system works there.

The cryptocurrency exchange offers clients spot trading, futures, stablecoin pairs, and a number of other options. Coinbase margin trading is also available. This allows the platform's clients to implement various trading strategies and use different approaches to deals to optimize earnings on the crypto exchange.

Over 240 coins are available for spot trading. Mostly, currency pairs with USDT are offered, but there are other options. It is possible to buy cryptocurrency for fiat funds, provided that they are pre-credited to the exchange balance or exchanged for tokens.

Only 3 types of orders are available on the exchange:

• Limit. Triggered only when the price specified by the trader is reached.
• Market. Implies the purchase of assets at the current market price.
• Stop-limit. Activated, but not necessarily executed after the specified price is reached.

If you use the number of order types as the exchange's evaluation criteria, then in this regard it is inferior to a number of competitors - other large platforms offer more types of transactions.

Futures and open-ended contracts are available for trading on the exchange. Until 2024, they were only available for Bitcoin, but now there are options for the most popular altcoins. There are not many of them yet, but the number of coins is gradually growing.

Coinbase exchange has a high level of security. Users' personal and payment data is protected by reliable encryption algorithms. To log into your account, you need to confirm access with a code sent to your email or phone. It is also possible to use a physical medium with an electronic key for authorization.

The crypto exchange cannot boast of a large number of promotions and bonuses. However, clients can receive gifts for registration, rewards for participating in temporary events, as well as for attracting new users as part of the platform's referral program.

Most of the promotions are temporary and last for a month on average. To take part in them, you need to complete certain actions, for example, reach the agreed trading volume. For this, they give rewards, usually in Bitcoin or Tether. In order not to miss new promotions, you should subscribe to the platform's social networks.

Coinbase bonus for registration is granted to all new clients who have created an account and passed the verification procedure. It is an amount of 15$ in Bitcoin equivalent. Most of the other bonuses are released as part of various temporary events.

You can also get a gift if you activate the Coinbase promo code. It can provide trading privileges (for example, reduced fees for a certain time) or a certain amount of cryptocurrency.

Within the Coinbase referral program, existing clients can attract new ones and receive a reward. Below are the program terms for traders from the USA.

The Coinbase VIP program implies reduced fees for users with a large trading turnover. The corresponding status is assigned on an individual basis. If a trader had a VIP account on another exchange, they can apply for its transfer.

The platform also has a paid One subscription. It opens access to various privileges, including a complete absence of trading fees and advanced discounts on some crypto exchange services. It costs $30 per month.

You can contact the support service from the Help section. To do this, click the Contact us button and follow the further instructions. Coinbase customer service quickly responds to traders' requests and effectively solves customer problems, so its work can be assessed as high-quality.

ATTENTION! Before contacting the support, it is recommended to read the answers to frequently asked questions and training materials in the Help section.