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Coinbase is a Safe and Secure Cryptocurrency Exchange!
July 12, 2022

Coinbase is a Safe and Secure Cryptocurrency Exchange!

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

Modules Used

  • Coinbase Exchange

Overall Satisfaction with Coinbase

We use Coinbase in the organization for cryptocurrency exchanges and other related transactions. We have a not-so-unique business need, along with many other SAAS companies, to accept many forms of payment for our services. Coinbase allows for the exchange of goods and services through other means quickly and securely.
  • Coinbase is a very secure online crypto platform.
  • It provides ease of use for buying, selling, transferring, and storing cryptocurrency.
  • It has an easy to use UI and intuitive design.
  • I would like it more if it could add more currencies for trading.
  • I would like to see more functionality to navigate the mobile app.
  • It would be nice if they could lower Coinbase fees to match competitor pricing.
  • Ease of use
  • Variety of currencies available on the exchange
  • US stock exchange recognition & ticker
  • 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.
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.

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

Again, we use Coinbase at least several times per month to complete customer sales transactions. We have integrated this into our invoicing process. Coinbase's exchange is well suited to quickly and safely, transfer funds to our accounts without dealing with paper checks lost in the mail. Overall, it has improved the time it takes to get payment from weeks to days. There really are no disadvantages, except when customers insist on paying by paper check. We found that you cannot get around that entirely, but by offering other methods like Coinbase, we are able to accommodate just about every situation to get paid.