When it comes to crypto-exchanges, it doesn’t get much bigger than Coinbase. Their power is such that simply getting a crypto listed on this exchange determines its widespread adoption. This is the so-called ‘Coinbase effect’.
And while it’s easy to use, once registered, it’s also comprehensive, almost overwhelmingly so. In addition to crypto, you can also trade other assets such as DeFi , Smart Contracts and NFTs.
All this makes Coinbase a credible option for newbie and seasoned crypto-investors.
But, and it’s a big but, it’s hard to ignore the reviews and of course the high fees. In writing this Coinbase review, the research I undertook around Trustpilot, Google Play Store and other sites was seriously concerning.
Coinbase calls itself the world’s most trusted crypto exchange. But it’s hard to believe such a bold statement when you read the reviews.
That said, one has to wonder why they also have 43 million users despite so many negative reviews.
Personally, I’ve continued to use it as one of the crypto exchanges I trade from, and I use it to get free Bitcoin and crypto too. But I don’t use the Wallet, Card or more advanced features. I just can’t get past those reviews to trust it more.
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Here’s to your Financial Fitness.