Best Crypto Wallet!

Please note this article may include promotional links

Now in today's society, cryptocurrency is the talk of the day. With major strides being taken by the leader in crypto, Bitcoin, everyone has been trying to join the party. However, it is very important that you have a crypto wallet to suit your needs. While there are many, it would seem that one, in particular, is the main known.

CoinBase.com

Coinbase has developed itself as the leading mainstream cryptocurrency exchange in the United States, acting as a regular on-ramp for new crypto investors. Coinbase provides a broad range of services, including cryptocurrency investment, an advanced trading network, institutional custodial accounts, a wallet for individual investors, and its own U.S. dollar stable coin. Coinbase, which was created in 2012, is a fully regulated and licensed cryptocurrency exchange that accepts users from every state in the United States except Hawaii. Coinbase started by only enabling Bitcoin trading, but soon expanded to include other cryptocurrencies that met its decentralized requirements.

Currencies Supported

  • Aave (AAVE)
  • Algorand (ALGO)
  • Cosmos (ATOM)
  • EThe Balancer (BAL)
  • Band Protocol (BAND)
  • Basic Attention Token (BAT)
  • Bitcoin Cash (BCH)
  • Bitcoin (BTC)
  • Celo (CGLD)
  • Compound (COMP)
  • Civic (CVC)
  • Dai (DAI)
  • Dash (DASH)
  • districtOx (DNT)
  • EOS (EOS)
  • Ethereum Classic (ETC)
  • Ethereum (ETH)
  • The Graph (GRT)
  • Golem (GNT)
  • Kyber Network (KNC)
  • Chainlink (LINK)
  • Loom Network (LOOM)
  • Loopring (LRC)
  • Litecoin (LTC)
  • Decentraland (MANA)
  • Maker (MKR)
  • Numeraire (NMR)
  • NuCypher (NU)
  • OMG Network (OMG)
  • Orchid (OXT)
  • Ren (REN)
  • Augur (REP)
  • Synthetix (SNX)
  • USD Coin (USDC)
  • Universal Market Access (UMA)
  • Uniswap (UNI)
  • Wrapped Bitcoin (WBTC)
  • Stellar Lumens (XLM)
  • Ripples (XRP)
  • Tezos (XTZ)
  • Zcash (ZEC)

Trading

Trading on Coinbase is a very simple and beginner-friendly operation. You can also use your Android or iOS smartphone to access the platform. Coinbase does not have any downloadable trading software, and all of its trading platforms, including Coinbase Pro, are browser-based.

Fees

If you don’t use Coinbase Pro, you’ll have to deal with a convoluted fee scheme that’s also very costly. In comparison to its rivals, the cost of trading on Coinbase’s standard platform is very high. Those new to crypto who are looking for simplicity can overlook this.

Wire Transfer $10 ($25 outgoing)

Debit/Credit Card 3.99%

Crypto Conversion 2.00%

Coinbase USD Wallet 1.49%

Bank Account 1.49%

ACH Transfer Free

How Secure are they?

For account holders, Coinbase employs a variety of security measures. It’s crucial to remember that any cryptocurrency held on an exchange account is only as safe as the account holder makes it. It is critical to use strong passwords and to take advantage of security features such as two-factor authentication. Theirs includes, biometric fingerprint logins, insurance in the event that Coinbase is hacked (this insurance does not apply if your account is hacked due to your own lack of security measures), and it keeps a very high percentage of its users’ funds in cold storage.

So why choose Coinbase?

Coinbase is an excellent resource for new crypto investors with little or no prior investment experience. Its features, such as the learn program and the ability to easily set up recurring purchases, provide the inexperienced with a clear path to becoming invested in cryptocurrency and actually understanding it. What are you waiting for? Join the Coinbase family today.

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