BrokAIr Reviews

Coinbase Review

"Coinbase is one of the most popular online brokerages, but its fees are among the highest in the industry. Is Coinbase really worth it?"

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Coinbase Overview

Coinbase is a popular online brokerage founded in 2012 by Brian Armstrong and Fred Ehrsam. It is based in San Francisco, California and currently provides services for customers in over 100 countries. Coinbase is one of the most popular digital currency exchanges, allowing users to buy and sell Bitcoin, Ethereum, Litecoin, and other digital currencies.

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Public Opinion

Coinbase has generally been well-received among customers, with a Trustpilot score of 4.1 out of 5 stars. While some users have complained about slow customer service response times and high fees, most customers appear to be satisfied with Coinbase's services. Coinbase has also received positive reviews from industry experts, with many praising its user-friendly platform and advanced security features.

Notable Events

In 2017, Coinbase became the first cryptocurrency company to receive a regulatory license from the New York State Department of Financial Services. This allowed Coinbase to provide services to customers in New York State. In 2018, Coinbase announced its acquisition of Paradex, a cryptocurrency trading platform that allows users to trade hundreds of different digital tokens without the need for a centralized exchange. Most recently, in 2019 Coinbase launched its cryptocurrency custody service which provides secure storage solutions for institutional investors. Coinbase also recently launched its Visa debit card which allows users to spend their cryptocurrencies anywhere that Visa is accepted.