Coinbase is a Great Option for Retail Crypto Investors
July 12, 2022

Coinbase is a Great Option for Retail Crypto Investors

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

Overall Satisfaction with Coinbase

My organization is using Coinbase to hedge the risk of other asset classes during these uncertain economic times. My team has also worked with several fintech startups and crypto companies, so learning the ins and outs of the major networks and platforms across the ecosystem is imperative. I have also used similar exchanges like BlockFi and Gemini.
  • Makes purchasing crypto assets easy
  • Providing market updates with push notifications
  • News about the industry
  • I wish I could easily track my cost basis from the asset view.
  • I believe fees should be more transparent, including spread.
  • Easy to purchase assets
  • Earning interest on staked assets
  • Industry news and alerts
  • At the moment, the whole market is down, so I can't say either way at this point.
I actually prefer BlockFi to Coinbase (currently using both). BlockFi has more clear information on my tax basis and is far more transparent on interest rates for staked assets. I wish Coinbase would follow suit.

Do you think Coinbase delivers good value for the price?

Not sure

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

I think Coinbase is best suited for casual investors as its business intelligence and analytics are lacking at this time.