Friday, 3 June 2016

Coinbase - Bitcoin Wallet Review

Since almost every other day a new Bitcoin wallet comes out and a lot of beginners are having a hard time deciding what’s the best Bitcoin wallet for them so i decided to create a review on Coinbase base on my experience.

Coinbase established itself as a bitcoin exchange in 2012. The platform is convenient to access and use, adapts to industry and position itself as a platform to buy and sell bitcoins.

The company makes every effort to provide consistent, timely service and support through a well design and solid integrated platform. In order to do this, engineers and financiers improve multiple aspects of customer interaction as they buy and sell bitcoins and automate them

The way to buy and sell bitcoins used by this platform is convenient and secure. You can use the platform to buy services or goods, send bitcoins or receive them as well as store them. Funds are stored in a wallet with multiple layers of authentication involved. This puts it in a safe place if hackers try to see it or tamper with it.

Coinbase is different from other bitcoin services in several ways:
Sending or receiving bitcoin between online wallets, friends, or merchants on Coinbase is free!*

Just a 1% fee for each transfer from bitcoin to your local currency ($, €, £) or from your local currency to bitcoin.** 
We make buying and selling bitcoin easy.

We handle security and backups so you don't have to worry!

We are a "one stop shop" - we offer a wallet, an exchange, and merchant tools with one simple interface.

Coinbase is a platform on which many bitcoin applications are being built using our API.
 * User is responsible for miner's fee on external transactions less than 0.0003 BTC. Sending between Coinbase users is always free. 
** Minimum fee of $0.15. Incoming wire fee is $10. Wire withdrawal fee is $25. For Canadian users, there is a $1 fee on all CAD deposits and withdrawals. A 3% convenience charge is assessed on purchases using credit and debit cards.

Coinbase offers its brokerage services in the United States, United Kingdom, Canada, Singapore, and the following European countries: 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.

Coinbase lets you sell and buy bitcoins, store them in your wallet, make purchases, and send or receive money from other people. After joining this company, you can store, receive or send bitcoins to 32 countries, including the United States, if you wish to join please click here.

Summary: I use Coinbase to manage my long-term holds of Bitcoin and also to get my USD into Bitcoin to begin with. I have a huge amount of confidence in their business. They’re the legitimate provider in the Bitcoin world.

Referral Code: Use my link and complete a purchase of at least $100 worth of Bitcoin, and Coinbase will send both of us $10 worth of Bitcoin for free.


  1. If you are searching for the ultimate Bitcoin exchange company, then you should know YoBit.