Great Starting Point with Expansive Feature Set.
April 28, 2022

Great Starting Point with Expansive Feature Set.

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Coinbase

Coinbase is a well-known and trustworthy platform for all mainstream cryptocurrency activities and provides many benefits for those looking to start using blockchain technology, as well as for more advanced users looking to get into the premium features they offer. It's quite easy to get started with an address and get your account funded.
  • Low barrier to entry.
  • Competitive fees.
  • Very well featured.
  • Support can be very bad.
  • Some promotions are bugged.
  • Doesn't support some smaller cryptocurrencies.
  • Staking of select currencies.
  • Transfer to and from outside wallets.
  • Easy bank transfers.
  • Staking has led to decent passive gains.
  • Wide support makes conversion relatively cheap.
  • Ease of use minimizes time learning the interfaces.
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.

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?

Yes

Would you buy Coinbase again?

Yes

It's great for personal use, and will all the options available can be scaled up through most mid-size business use cases. Trading and custody tools allow strong security and management of trading activity and any automated actions taken with the currencies stored in the account. Individuals will find it easy to use.