Coinbase

Coinbase is one of the most trusted cryptocurrency platforms and offers various products, including crypto investing, an advanced trading platform, a wallet for retail investors, and a US dollar stable coin. Founded in 2012, Coinbase has now become the perfect investment spot for individuals and businesses who want to place their money in a place where it is not secure but helps their investment goals.

Coinbase

As a leading crypto exchange in the United States, Coinbase goes to great lengths to ensure that users’ crypto assets are safe and secure. Initially, Coinbase allowed only trading in Bitcoin, but now it supports more than 50 coins. According to a report by Coinmarketcap, Coinbase covers the third-highest trade volume of all the exchanges. If you are looking for investing in cryptocurrency using Coinbase, here is what you need to know:

Benefits of trading crypto on Coinbase-

  • Very high liquidity when compared to other such platforms 
  • Coinbase is users friendly, and it has a simple interface for beginners 
  • More than 50 cryptocurrencies to choose from 
  • It is a secure platform as it maintains crypto-insurance under the FDIC 
  • Users can access their account through an online browser or mobile app

Which cryptocurrencies are available on Coinbase? 

As previously mentioned, Coinbase has more than 50 crypto options for investing, and trading and this number is increasing. Some of the crypto available on Coinbase is outlined below: 

  • Bitcoin 
  • Ehterum 
  • Celo
  • Compound
  • Civic
  • Aave 
  • USD Coin 
  • Dogecoin
  • Tether 
  • Tezos 
  • Zcash

These are some of the most popular cryptos available on Coinbase. Before you invest in any coin, you must first read about its different limits and minimum/maximum withdrawal amounts. Additionally, you can get a summary of the terms of services and restrictions for each cryptocurrency supported on Coinbase. 

How to create a Coinbase account?

If you are new, be informed that it is quite straightforward to sign up for a Coinbase. First, you need to provide details such as name, email and create a password after completing the account verification procedure. 

  • Open the Coinbase official site or mobile app
  • On the Login Page, click the option of Don’t have an account
  • Now to create a Coinbase account, enter your first name, last name, and email address.
  • Then create a password for your Coinbase account
  • Choose your country from the drop-down menu
  • Agree on the Privacy Policy(after having a glance at it) and tap Create Account 

How to complete the two-step verification on a Coinbase account? To Keep Your Coinbase Account Safe-

Once you have the Coinbase account login, you must complete the two-factor authentication, also referred to as 2-step verification. This is to add an extra layer of security to your account. You required the following to set up 2-step verification on Coinbase:

  1. A Coinbase Account
  2. A smartphone with a SIM card and internet connectivity
  3. A compatible authenticator app
  4. A physical security key device

Check these four items, then move forward to authenticate your Coinbase account. Here is how to set up 2-step verification via SMS:

  • In the Security tab, enter your mobile phone number
  • Click Send Code, you will get a 7 digit code on the registered number
  • Enter the code and click Submit 

After the two-steps verification is authenticated on your account, you will receive an SMS code to verify your identity the next time you sign in. Apart from verification via SMS, there are other options available such as 2-step verification via an authenticator app and using a security key; you may try these also. 

FAQs

Is Coinbase a secure platform for trading and investing in cryptocurrencies.?

Yes, Coinbas is a secure and legitimate exchange to use. Although there are market fluctuations involved nad investing in cryptocurrency can be risky. But Coins provide the user with solid security and provide a variety of safety measures for account holders. 

Why is my Coinbase account not working?

It could be due to so many different reasons, such as using an older version of the app on your phone, faulty internet connection, entering incorrect details, etc.

How to fix the Coinsbase login errors?

To resolve the login problems on Coinbase, you need to take some troubleshooting measures such as updating the Coinbase application, clearing your browser’s cache and cookies, checking the internet connection, and rechecking the Coinbase login details. 

Can I reset the Coinbase account password?

If you cannot log into your Coinbase account, you can try resetting its password by following certain steps on your mobile phone. 

What is Coinbase Pro?

The Coinbase Pro is another few exchange platforms of Coinbase. It comes with advanced features for users interested in making a long-term investment in crypto.