Coinbase
Pros
- HIGH LIQUIDITY & BUYING LIMITS
- EASY WAY FOR NEW USERS TO BUY BITCOIN
- INSTANT BUY WITH CREDIT CARD
COINBASE INTRODUCTION
COINBASE was founded in June of 2012, Coinbase is a bitcoin wallet and platform where merchants and consumers can transact with the new digital currency bitcoin. They are based in San Francisco, California.
Bitcoin is the world’s most widely used alternative currency with a total market cap of approximately $6.5 billion. The bitcoin network is made up of thousands of computers run by individuals all over the world.
COINBASE FACTS
PRIVACY
Users must provide full identity verification and many personal details
LIMITS & LIQUIDITY
Coinbase offers very high limits. Limits depend on your account level, which is determined by how much information you have verified. Fully verified U.S. customers may buy up to $50,000 worth of bitcoin daily.
European customers may have a maximum of €30,000 euro in their account at any time.
TRANSACTION SPEED
United States
U.S. customers will receive their bitcoins five business days from placing an order. Coinbase instant buy becomes possible if a credit card is added to the account as a backup payment method. Instant buy will allow fully verified users to buy up to $1,000 worth of bitcoin per week. Level 2 users with instant buy are able to instantly buy up to $100 worth of bitcoin per week.
Canada
Canadian EFT purchases take four days to complete. Interac Online purchases are instant.
Europe
European users paying with SEPA transfer will receive bitcoin within 1-3 days.
REPUTATION
Coinbase is a regulated company and holds licenses in all districts in which it operates.
FEES
Coinbase charges a flat 1% fee on all purchases.
PAYMENT METHODS ACCEPTED
Bank Transfer, Interac Online, EFT Transfer, SEPA Transfer, 3D Secure Credit Card, 3D Secure Debit Card, Xfers Transfer
SUPPORTED COUNTRIES
United States, United Kingdom, Canada, Singapore, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland
LANGUAGE
English, Spanish, Portuguese, French, Italian, Dutch, German
SUPPORTED COINS
BITCOIN
WALLET APPS
APP STORE – GOOGLE PLAY
WEBSITE
www.coinbase.com
ADDRESS COINBASE
548 Market St
San Francisco
CA
USA
