The most popular cryptocurrency exchange out there, Coinbase is a trusted, insured, and simple onramp to the crypto world. However, high fees and support hiccups can turn newcomers off. This article takes an in-depth look at what’s good, bad, and hidden about Coinbase so that you can decide if it’s the right exchange for your crypto journey.

Detailed Coinbase Review offers a wide range of services for both beginners and experienced traders. They provide a simple box for buying and selling cryptocurrency along with an app for mobile purchases. They also offer Coinbase Advanced for lower transaction fees and a trading platform with advanced features, including charts and indicators. Futures trading is available as well if you live in one of the supported markets.

Detailed Coinbase Review: Pros, Cons, and Features

Another key feature is quick withdrawals. This can be a huge benefit if you want to use your crypto outside of the exchange and into the real world. Coinbase is one of the few that allows you to withdraw your crypto directly after depositing from fiat.

In terms of security, Coinbase keeps your funds in a custodial wallet. This means they’re protected from hacking and theft. However, you should still transfer your crypto out of that wallet into a hardware wallet if you plan on holding it long term.

Unlike many other exchanges, Coinbase is required to follow strict KYC (Know Your Customer) rules in the US. This means that they can ask for proof of identity, employment, income, and other documents to verify your account. This may seem innocuous, but it can also make some people uncomfortable as they feel like their privacy is being violated.