TrustRadius Insights
Coinbase has become a popular platform for users engaging in personal crypto trading, investment, and staking activities. Customers …
Starting at $0.20 taker fee
View PricingOverview
What is Coinbase?
Coinbase is a digital currency exchange (Coinbase Pro) and crypto-oriented software solution suite for businesses, including hosted checkout pages, payment buttons, invoicing, and multiple ecommerce integrations (Coinbase Commerce), a turnkey solution for brokerages, exchanges, and fintechs enabling them to offer…
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Pricing
$100K-$1M
$0.20
Cloud
taker fee
$10-50K
$0.35
Cloud
taker fee
<$10K
$0.50
Cloud
taker fee
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is Coinbase?
Coinbase Video
Introducing Coinbase Earn: A New Way to Earn Crypto While You Learn Crypto
Coinbase Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
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(56)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
Coinbase has become a popular platform for users engaging in personal crypto trading, investment, and staking activities. Customers appreciate Coinbase's user-friendly interface, which simplifies the process of buying and selling cryptocurrencies, saving them valuable time. With its secure platform, Coinbase serves as a reliable bank for storing and safeguarding cryptocurrency assets. Users also rely on Coinbase to keep track of their portfolios, research different coins, and stay updated with the world of crypto. Additionally, organizations in the finance industry trust Coinbase to manage and house their clients' crypto assets securely. Coinbase Pro offers advanced features for managing and trading various cryptocurrencies, giving users an overview of their invested assets. Overall, Coinbase is used by individuals and businesses alike for trading, investing, storing, and researching cryptocurrencies.
Visually Appealing Design: Users have praised Coinbase for its visually appealing design, which enhances the overall user experience. Many reviewers have mentioned that the platform's interface is smooth, bug-free, and easy to navigate, making it a pleasure to use.
User-Friendly Interface: Coinbase has been commended by numerous users for its user-friendly interface. It is extremely easy to navigate and use, even for newcomers to cryptocurrency. The intuitive design allows users to buy and sell Bitcoin and other cryptocurrencies without any hassle.
Frequent Updates: Reviewers appreciate Coinbase's frequent updates as they instill a sense of security and trust in using their services. These regular updates not only enhance the platform's functionality but also ensure that users are up-to-date with the latest features and improvements.
Difficulty adjusting to frequent updates: Some users have expressed difficulty in adapting to the platform's frequent updates, which often come with changes in layout and make it harder for them to navigate. These users find it challenging to keep up with the changes and may struggle to find their way around the platform.
Limited transfer options for trade portfolios: A common concern among users is the platform's restriction on transferring trade portfolios to other applications like Venmo, CashApp, or PayPal. This limitation prevents users from easily managing their portfolios across different platforms and can be frustrating for those who prefer using multiple applications for their financial needs.
High fees compared to competitors: Many reviewers believe that Coinbase charges relatively high fees when compared to other platforms in the industry. Users express dissatisfaction with these fees, especially considering that they are imposed on top of the fees already charged by crypto networks. The higher cost associated with trading on Coinbase is seen as a disadvantage compared to other platforms that offer lower fee structures.
Attribute Ratings
Reviews
(1-20 of 20)Companies can't remove reviews or game the system. Here's why
I have personally used robinhood for micro-transactions, and it is similar to Coinbase, but Coinbase is more widely used and accepted. We ended up going with Coinbase because of the selection of currencies available, Coinbase's market presence, and secure transactions. I feel like robinhood is more limited and has more frequent app crashes and outages.
I tried different tools but ended up choosing Coinbase as the main one because of the simple interface and the way it is clearer in displaying its features. Despite not being the easiest for beginners, Coinbase is not chaotic and dispersive like some other tools.
Coinbase and robinhood both offer crypto trading and investing. Coinbase, however, also offers to stake along with sending and receiving crypto. It's also nice that Coinbase focuses on crypto rather than also offering the purchasing and selling of stocks. Coinbase also does a better job of trying to educate their users about each crypto and often offers free crypto with that education. I use Coinbase for crypto trading/purchasing for those reasons.
July 03, 2022
Good crypto exchanges.
July 03, 2022
Best Crypto Software
Coinbase provides better security than its other market competitors and its insurance program allows us to be stressed free of our investment. It What I liked best about Coinbase was how simple it was to transmit cryptocurrency from one account to another via email and that there was no fee for doing so.
July 03, 2022
One of the best cryptocurrency platforms available
July 02, 2022
Double your Coins with Coinbase!
Coinbase is just better overall, with access to investments that can be traded for USD. As well as the crypto that can gain interest, Coinbase is amazing at educating the user along with providing real-time data, that allows the user to make the best decision they can when making this kind of risky investment. Coinbase takes the risk out of Crypto.
July 02, 2022
The beginner's guide to Cryptocurrency.
Coinbase 100% is more user-friendly with beginners whereas Binance is tailored more towards seasoned crypto traders. Coinbase does offer a lot more options as well as far as types of coins to trade and of course, they're supposed to be the most secure platform. Coinbase has been around for a long time so I trusted my money with them over Binance.
April 28, 2022
Great Starting Point with Expansive Feature Set.
I use Coinbase alongside a few other platforms for their various benefits. Some platforms have different rates for different currencies, for transfers as well as for staking rewards, so it can be beneficial to have options when looking at a particular transaction. Coinbase is still my general go-to hub for most assets.
February 03, 2022
Great Product for new investors
Score 10 out of 10
Vetted Review
Verified User
January 20, 2022
Coinbase is the guide to Cryptocurrency
If you want to get a small understanding on bitcoin, Fetch.ai, stellar Lumen, or Clover. Then I suggest going with coinbase. You will get $10 worth of cryptocurrency to start your trading adventure. You can get venmo or cashapp but they just allow you to spend your money but don't tell you about blockchains.
January 19, 2022
Coinbase - Trusted and one of the best platforms on the market!
Coinbase is one of the best in the industry for SME custody-focused investment companies. We were able to complete our objectives with Coinbase. We selected Coinbase as we were familiar with their UI from personal trading experiences. Originally, compared to its competitors, Coinbase was able to separate themselves through meticulous app development and ongoing improvements with each iteration. Today, we are still using Coinbase due to its leadership in the market.
January 12, 2022
Best/Easiest to use crypto trading platform
Coinbase is easier to use and has a nice simple user interface. However, it may be lack some of the alternative coins, that we do not accept anyway. It easily allows you to keep track of what is going on. It also lets you see in real-time your balance and notifications are good.
December 16, 2021
Highly Recommended
Far less waiting in Coinbase than other applications I've used. Coinbase has superior security features such as 2fa and secure transactions.
December 15, 2021
How to take your company to the moon.
December 13, 2021
Coinbase: the simple Cryptocurrency Trading
March 06, 2020
Super Easy
March 12, 2018
Great springboard into the world of cryptocurrencies
- binance, bittrex, Gemini, poloniex and bitstamp
Coinbase definitely provides the most impressive user experience of all the crypto-currency exchanges.Coinbase is one of only a few that US uses to buy crypto with fiat (USD) currency, making it on the short list of feasible platforms to use. However, Coinbase does lack options for utilizing non-mainstream (alt) crypto-currencies. I selected Coinbase because they are the most robust, complete feeling, user experience. Their security practices are top-notch, and they have insurance policies to cover their customers in the event of a compromise.
March 08, 2018
Entry-level platform for cryptocurrency trading
Coinbase is an entry-level platform for cryptocurrency trading. I would prefer to use Gemini or Bittrex now that I am familiar with how to use and trade in these types of currency. Coinbase needs to improve its customer support or it will struggle to scale effectively alongside their competitors. Otherwise, it's a useful platform.