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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Reviews and Ratings
(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
(1-25 of 28)Companies can't remove reviews or game the system. Here's why
July 15, 2022
Easy way to buy crypto with fiat money.
Score 6 out of 10
Vetted Review
Verified User
- Coinbase is the most convenient way for first-time buyers to purchase crypto.
- Reasonable pricing
- At the moment, the whole market is down, so I can't say either way at this point.
- It allows for more forms of currency to be accepted for services.
- It has improved ROI for overall business objectives.
- It has converted more than half of payments received from checks to digital recurring payments.
- Crypto has always been a gamble. Right now we are in a recession but I believe long-term using Coinbase will yield at least 5x in returns.
- As mentioned - crypto is a gamble. You can easily also lose all of your investments if crypto turns out to be a scam.
- As a business getting paid in crypto can be a great move if you are willing to take that risk and sit on it for a few years. Coinbase makes those payments easy.
July 03, 2022
Good crypto exchanges.
- Some increase in earnings.
- Some increase in funding.
July 03, 2022
Best Crypto Software
- Better crypto understanding of investing and about new digital space.
July 03, 2022
One of the best cryptocurrency platforms available
- Our investments have resulted in reasonable passive profits.
- It has saved us time in determining the optimal times to buy and sell cryptocurrency.
- It also simplifies the monitoring of market rates and fluctuations in the value of crypto holdings.
July 02, 2022
Double your Coins with Coinbase!
- We are in a risky business already, so our clients are no strangers to that. Using Coinbase gives us additional talking points.
- Diversifying our assets was very important, whether they ultimately gain is money or not.
- The tax notifications that Coinbase sends out are easy to access, with no digging around and wasting time.
July 02, 2022
The beginner's guide to Cryptocurrency.
- As a trading platform, everything is set by the market so Coinbase itself had little impact on anything.
- The educational tools are helpful in navigating the various types of Crypto currency.
April 28, 2022
Great Starting Point with Expansive Feature Set.
- Staking has led to decent passive gains.
- Wide support makes conversion relatively cheap.
- Ease of use minimizes time learning the interfaces.
February 03, 2022
Great Product for new investors
Score 10 out of 10
Vetted Review
Verified User
- I've had a 3x ROI since using Coinbase.
January 20, 2022
Coinbase is the guide to Cryptocurrency
- I have been interested in investing. But certain stocks are high. Cryptocurrency is open to whatever amount you have unlike Stash or e-trader that only you a small amount to ownership
- I get the benefits to be educated on a few currencies and blockchains. They even give you a starting amount to get you trading
- To withdrawal, coinbase ask which currency to withdraw from. Then give a QR code to point at a bitcoin ATM or service.
January 19, 2022
Coinbase - Trusted and one of the best platforms on the market!
- Positive impact as they were one of the few trusted brokerage firms at the beginning.
January 13, 2022
Buying and selling crypto on Coinbase is easy
January 12, 2022
One of the best Cryptocurrency Exchange Platforms.
- Positive impact due to ability to trade newer currencies in a fast moving market.
- Positive impact due to speed of trades.
- Negative impact on ROI due to some fees.
January 12, 2022
Best/Easiest to use crypto trading platform
- positive as can accept a wider array on invoices
- negative in the recent downslide/value
December 20, 2021
One of the best trading and investing application for CryptoTraders
- Gives a awesome application for Crypto Investment which inturn improve the ROI
- Can improve the Customer Support
- Have a nice payment interface with different mode of payments
December 16, 2021
Highly Recommended
- Coinbase offers a secure way to invest and trade with cryptocurrencies.
December 15, 2021
How to take your company to the moon.
- Made profits trading crypto
December 13, 2021
Coinbase: the simple Cryptocurrency Trading
- There is no ROI since there is no I specifically associated with the Coinbase basic service. In fact, Coinbase pays the user to learn.
December 13, 2021
A Wide Variety of Currencies but Higher than Normal Fees
- The variety of currencies provides diversification.
- The fee schedules can wipe out small gains.
March 06, 2020
Super Easy
- There are no chargebacks which saves money if you are using it for ecommerce
- It easily allows you to purchase coins, which saves you time
- It's an easy to use platform, which saves you time in learning
January 13, 2020
Coinbase Review
- It has given us the security of safe transactions.
July 03, 2018
Love Coinbase!
- 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.