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Coinbase is a point-of-sale software solution with features such as an international digital wallet and bitcoin currency acceptance.https://dudodiprj2sv7.cloudfront.net/product-logos/uh/tT/9J3IZ1PJNX23.pngLove Coinbase!Coinbase acts as my crypto wallet for the Ethereum I have purchased. Many of the other solutions either aren't as secure or are more challenging to set up and as a result, take a much longer time. So Coinbase saves me time. In a nutshell, Coinbase simplifies everything for me and is one of the most reputable/ trusted solutions as a crypto wallet.,Very simple dashboard for monitoring your coins Makes buying and selling Cryptocurrencies very simple once your account is set up Has a price alert feature for monitoring prices when they go above or below your target prices,Same complaint I have about any other coinbase competitor. Setting up an account takes too long (a few days). But it's understandable as it has to be a very high level of security Higher transaction fees than other platforms for purchasing the same product. But because of Coinbase's simplicity relative to other platforms they are able to charge a bit of a premium here. You just need to know what you're getting into. If you're doing high volume, it's worth learning a GDAX or other platform. If you're buying and holding and don't have the time to research the lowest fees then Coinbase is great. They're limited in the payment methods they accept. Not a huge deal, but they don't accept paypal.,9,It's saved time from figuring out how to buy and sell cryptocurrencies It makes monitoring market prices and fluctuations in the value of crypto holdings very easy and simple. Which also saves time. We don't do as high of volume so the lower transaction costs even though there is a slight premium saves us a lot of money in contrast to many of the exchanges that can charge 4-5+% transaction costs.,Medium, LastPass, Mixpanel, Pivotal Tracker, Doodle, InVisionGreat springboard into the world of cryptocurrenciesCoinbase is not being used in our business operations, as it's more a consumer crypto-currency product than business product. Therefore, my experience with Coinbase is limited to my own personal experiences. It addresses and solves none of my business problems.,Great UI for managing crypto funds Excellent mobile application for monitoring crypto values and sending/receiving crypto. Good two-factor security practices to ensure bad actors are not illegitimately gaining access to your wallets and stealing your funds.,The fees coinbase charges on top of the crypto networks are relatively high, compared to the rest of the industry Under load/high volume, the site and application become unresponsive Customer support is lacking. It's hard to talk to a human and get a real response to your questions/concerns. This is particularly irritating since we're dealing with money.,9,Not applicable,binance, bittrex, gemini, poloniex and bitstamp,Slack, Dropbox Business, Google Drive, Microsoft Office 365Entry-level platform for cryptocurrency tradingCoinbase is not used by our organization, but myself personally. I used this as a way to first get involved in the crypto market early last year when I knew little about how to buy and sell cryptocurrency. It's a great tool for getting started and really geared towards newcomers who are used to user-friendly financial products.,Buy and sell Bitcoin and other cryptocurrency Navigate your crypto portfolio Send and receive cryptocurrency,The fees are way too high. Once you get used to trading cryptocurrency you should find a better solution. Their customer support is abysmal,6,Not applicable,,Atlassian ConfluenceDespite its popularity, be cautious when using CoinbaseCoinbase is being used for small, ad-hoc transactions of top cryptocurrencies. There is currently no major function that Coinbase provides for our organization.,User friendly / Easy-to-use UX Non-technical users can own major tokens,Transparency in fee policy (Assesses fees without notifying customer) Downtime of network is very volatile during high-traffic times Customer service,5,Enabled our team to provide alternative, more appealing incentives for surveys and interviews.
  3. Coinbase Reviews
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Coinbase
13 Ratings
Score 7.8 out of 101
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Coinbase Reviews

Coinbase
13 Ratings
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Score 7.8 out of 101
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Brad Henderson profile photo
July 03, 2018

User Review: "Love Coinbase!"

Brad Henderson
Score 9 out of 10
Vetted Review
Verified User
Review Source
Coinbase acts as my crypto wallet for the Ethereum I have purchased. Many of the other solutions either aren't as secure or are more challenging to set up and as a result, take a much longer time. So Coinbase saves me time. In a nutshell, Coinbase simplifies everything for me and is one of the most reputable/ trusted solutions as a crypto wallet.
  • Very simple dashboard for monitoring your coins
  • Makes buying and selling Cryptocurrencies very simple once your account is set up
  • Has a price alert feature for monitoring prices when they go above or below your target prices
  • Same complaint I have about any other coinbase competitor. Setting up an account takes too long (a few days). But it's understandable as it has to be a very high level of security
  • Higher transaction fees than other platforms for purchasing the same product. But because of Coinbase's simplicity relative to other platforms they are able to charge a bit of a premium here. You just need to know what you're getting into. If you're doing high volume, it's worth learning a GDAX or other platform. If you're buying and holding and don't have the time to research the lowest fees then Coinbase is great.
  • They're limited in the payment methods they accept. Not a huge deal, but they don't accept paypal.
Coinbase is great for its simplicity. It is no doubt the best entry level option for someone who is new to blockchain/ cryptocurrencies and wants to begin investing in it. However, while they do have relatively low transaction fees, they don't have the lowest fees. So for someone who is doing a high volume of trading, there are other platforms that would be a better fit.
Read Brad Henderson's full review
Jim Rubenstein profile photo
March 12, 2018

Coinbase Review: "Great springboard into the world of cryptocurrencies"

Jim Rubenstein
Score 9 out of 10
Vetted Review
Verified User
Review Source
Coinbase is not being used in our business operations, as it's more a consumer crypto-currency product than business product. Therefore, my experience with Coinbase is limited to my own personal experiences. It addresses and solves none of my business problems.
  • Great UI for managing crypto funds
  • Excellent mobile application for monitoring crypto values and sending/receiving crypto.
  • Good two-factor security practices to ensure bad actors are not illegitimately gaining access to your wallets and stealing your funds.
  • The fees coinbase charges on top of the crypto networks are relatively high, compared to the rest of the industry
  • Under load/high volume, the site and application become unresponsive
  • Customer support is lacking. It's hard to talk to a human and get a real response to your questions/concerns. This is particularly irritating since we're dealing with money.
I think Coinbase is a great place to start for people that are just getting acquainted with the cryptocurrency space. The interface works as much like a traditional bank as you could expect, considering Coinbase is not a bank, so it's very easy for users to get a handle on what is going on.

Storing money long-term in Coinbase is not particularly advisable, as the nature of cryptocurrency is that you are to trust no one with your secure keys. By using Coinbase, you are inherently breaking that idea, and trusting Coinbase to keep your funds secure for you.
Read Jim Rubenstein's full review
Tom Davies profile photo
March 08, 2018

Coinbase Review: "Entry-level platform for cryptocurrency trading"

Tom Davies
Score 6 out of 10
Vetted Review
Verified User
Review Source
Coinbase is not used by our organization, but myself personally. I used this as a way to first get involved in the crypto market early last year when I knew little about how to buy and sell cryptocurrency. It's a great tool for getting started and really geared towards newcomers who are used to user-friendly financial products.
  • Buy and sell Bitcoin and other cryptocurrency
  • Navigate your crypto portfolio
  • Send and receive cryptocurrency
  • The fees are way too high. Once you get used to trading cryptocurrency you should find a better solution.
  • Their customer support is abysmal
If you are interested in making some small bitcoin purchases and beginning to explore the world of crypto, Coinbase is a good place to start. Once you are comfortable with the platform, you should graduate to more professional services with lower pricing. Coinbase is just way too expensive and their customer support is horrible if you are having issues
Read Tom Davies's full review
No photo available
May 24, 2018

Review: "Despite its popularity, be cautious when using Coinbase"

Verified User
Score 5 out of 10
Vetted Review
Verified User
Review Source
Coinbase is being used for small, ad-hoc transactions of top cryptocurrencies. There is currently no major function that Coinbase provides for our organization.
  • User friendly / Easy-to-use UX
  • Non-technical users can own major tokens
  • Transparency in fee policy (Assesses fees without notifying customer)
  • Downtime of network is very volatile during high-traffic times
  • Customer service
Coinbase is well-suited for the beginner purchaser of crytocurrencies. However, beware of high fees.
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Coinbase Scorecard Summary

Likelihood to Recommend (13)
7.8

About Coinbase

Coinbase is a point-of-sale software solution with features such as an international digital wallet and bitcoin currency acceptance.
Categories:  Payment Gateway

Coinbase Technical Details

Operating Systems: Unspecified
Mobile Application:No