Coinbase Review


Coinbase

exchange-coinbase

Quick Review: <"href="https://coinbase.com/?r=52d5456d1a58a0cdbf000003&utm_campaign=user-referral&src=referral-link">Coinbase is the easiest way to buy bitcoin in the USA

 If you are gambling, sports betting, casino, poker ect then do not use coinbase. They prevent the the withdrawal to known bitcoin addresses associated witth such sites. Perhaps they have legal reasons which we can understand, however this action is against the concept of bitcoin, where you have freedom of speech in regards to transactions.

Coinbase is the most well known exchange in the USA. It is clear
who owns the exchange and they are in compliance of current regulations.
Recently they attracted some really big investors. Coinbase is easy
to use for turning fiat (dollar$) into bitcoin. Coinbase is not really
built for day trading.

Ease of use
Coinbase is easy to use and the verification process is straight forward

Security
There have been no major security breeches and they have paid large
bounties for people that found security issues. There is a unconfirmed story going around about an email database that was stolen, but this is still unconfirmed.

Trust
Coinbase is solvent, they have big investors and don’t look like they are in any danger of going bankrupt. The exchange is a US based company and they are in compliance
of all current regulations.

Anonymous
No, you have to verify your account

Day Trading
Coinbase is not set up for day trading

Altcoins
You wont find Litecoin or any other altcoins here.

Ease of use: A
Security: A
Trust: A+
Anonymous: No
Day Trading: C
Altcoins: No

Exchange Ease of use Security Trust Anonymous Day Trading Altcoins
Coinbase
Review
A A+ A+ No C No
CEX.IO
review
A A A Yes(2FA only with SMS) A Yes
BTC-E
review
A A A- Yes(no TOR) A+ Yes
Bitcoin.de
review
A A A No C No
Kraken
review
A A+ A No A+ Yes
Cryptsy
review
A- B+ A- Yes A Yes
Localbitcoins
review
A B+ A Yes C No
Bitstamp
review
A B A Yes C No