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Coinbase: the simple Cryptocurrency Trading
December 13, 2021

Coinbase: the simple Cryptocurrency Trading

John La Belle | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Coinbase Exchange

Overall Satisfaction with Coinbase

I don't know that Coinbase addresseses any specific business-related problems, but it helps me keep track of, buy & sell, and research cryptocurrencies for investment. It has excellent teaching tools and is constantly adding new currencies to those they trade.
  • Trading.
  • Charting.
  • Education.
  • The fees can be somewhat higher than other services for none pro accounts.
  • Nothing Specific.
  • There is no ROI since there is no I specifically associated with the Coinbase basic service. In fact, Coinbase pays the user to learn.
Binance didn't seem to be something I would have wanted to jump into as a novice, and at the time it wasn't approved to operate in the US.

Do you think Coinbase delivers good value for the price?

Yes

Are you happy with Coinbase's feature set?

Yes

Did Coinbase live up to sales and marketing promises?

Yes

Did implementation of Coinbase go as expected?

I wasn't involved with the implementation phase

Would you buy Coinbase again?

Yes

It's good for a novice user to get into the market without having to have a huge amount of knowledge. Pros might find it a bit simplistic, fee-heavy, and dislike not having direct control of their crypto wallet.

Evaluating Coinbase and Competitors

  • Product Usability
I would choose products base on my increased knowledge of them over time, and my understanding of more advanced features.