Coinbase Review 2025: Pros, Cons and How It Compares

Coinbase Review 2025: Pros, Cons and How It Compares

Currently, Coinbase is insured for up to $255 million, as reported by Coindesk, which provides a substantial level of protection not available on many other platforms. Coinbase operates in over 100 countries, including the U.S., Canada, the U.K. However, there are regions where Coinbase access is restricted, mainly due to U.S. sanctions and local regulations. To set up a recurring purchase on Coinbase, navigate to the “Buy/Sell” section, choose the asset you want to purchase, and select the “Repeat this buy” option.

Best Cryptocurrency Exchanges Reviewed

• Coinbase One is $29.99 per month and eliminates most trading fees, although you may still have to pay limit and spread fees.
• As a public company in the US and one of the global leaders, users consider Coinbase safe for conducting transactions, trading, and storing cryptocurrencies.
• While earning her M.A., she taught college composition and critical analysis and composition courses to undergraduate students.
• Coinbase’s strategic acquisitions have been pivotal in cementing its position and resilience in the crypto ecosystem.
• Both these exchanges provide superior support, resolving issues promptly and following up with customers.
• Catch up on Select’s in-depth coverage of personal finance, tech and tools, wellness and more, and follow us on Facebook, Instagram and Twitter to stay up to date.

The Coinbase card also offers cash-back rewards in crypto, with users able to select which crypto they wish to earn. There are no spending or monthly maintenance fees for the card, but there is a spread fee when converting crypto to cash. The con with staking on Coinbase is the 25% service coinbase exchange review fee that is subtracted from the earned staking reward. This fee is to cover the expenses incurred for providing the service and is quite expensive compared to reputable cryptocurrency staking platforms we have reviewed.

Coinbase App

• Another factor that makes Coinbase so secure is that the platform does not allow anybody to open an account and trade on it without revealing their identity.
• The dashboard is elegant and features a navigation bar on the left that provides quick links to the exchange’s main features.
• These include trading more than 240 coins, staking to earn rewards, using a dedicated wallet, trading NFTs and earning rewards on a Visa card that draws from your crypto holdings.
• The Coinbase environment’s protocols, controls, and security enabled our company to conduct transactions as needed.
• Varies depending on payment method, cryptocurrency type, transaction size and platform.
• Because the Cloudwards.net team is committed to delivering accurate content, we implemented an additional fact-checking step to our editorial process.

And Coinbase is as good as any exchange for buying crypto with fiat. In addition to supporting cryptocurrencies like Bitcoin, Ethereum, and more, PrimeXBT also offers trading opportunities in traditional financial markets, including forex, commodities, and indices. PrimeXBT stands out with its advanced trading tools and leverage options, enabling users to maximize potential returns.

Top Low-Fee Crypto Exchanges for BTC & Altcoins

If you are a new crypto investor, you may also enjoy earning free crypto while you learn about different investing strategies and other things. Coinbase is one of the largest cryptocurrency exchanges in the United States. You can trade over 200 cryptocurrencies from your web browser or with the Coinbase Wallet app for your mobile device. Users can enter the amount of fiat currency to spend, review the order, and place a buy/sell order with the connected bank account, debit card, or other payment type linked to the Coinbase account.

Coinbase Wallet Web App

After passing the quiz, Coinbase will deposit a few dollars of the relevant asset into the user’s Coinbase account. Coinbase takes all necessary precautions to ensure its customers feel secure, including compliance with financial services regulations and GDPR. Using Coinbase for trading can be beneficial due to the platform’s excellent features, which allow both simple and advanced trading. No matter what level of expertise you have in trading, Coinbase offers you something that matches your needs. Coinbase has a unique feature, ‘Learn to Earn,’ whereby users can take an educational test on cryptocurrencies and get different token amounts as a reward.

Does Coinbase offer a rewards card?

We receive compensation from the companies that advertise on Blueprint which may impact how and where products appear on this site. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Blueprint. Blueprint does not include all companies, products or offers that may be available to you within the market. In light of these concerns, Armstrong announced plans to deepen Coinbase’s integration with decentralized exchanges (DEXs).

Deposit and Withdrawal Fees

Another factor that makes Coinbase so secure is that the platform does not allow anybody to open an account and trade on it without revealing their identity. KYC rules mean that users must provide a piece of their ID issued by the government to use BUY and SELL services. This is because Coinbase is among the only four exchanges that got a license in New York under the pilot BitLicense scheme, and operates in compliance with its regulations. Securities Exchange Commission (SEC) and the Financial Crimes Enforcement Network, further building its credibility.

Coinbase also helps you navigate tax season for your crypto assets with a pre-filled Form 8949, plus member-only sweepstakes and $1 million account protection. Binance.US is a comprehensive cryptocurrency exchange and mobile app for trading a wide range of cryptocurrencies with low fees and robust staking reward options. Business Insider’s personal finance team compared Coinbase to the best cryptocurrency exchanges and found it an industry leader for its powerful trading tools and digital wallet access. The editorial team then developed a standardized methodology, analyzing 10 key benchmark features and variables to assess quality across the platforms.