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Coinbase is the safest platform for beginners?

  • Thread starter Thread starter Braga13
  • Start date Start date
I still prefer block chain to coinbase
Braga13 said:
One of the oldest and most popular bitcoin trading site, it currently operates in 32 countries. It is based in San Francisco and was established in 2011. Some experts advise novices in the process of entering the field, saying: “If you are a beginner and want to try your luck in the bitcoin and cryptocurrency market, Coinbase is the perfect choice for you. Coinbase supports Bitcoin, Bitcoin Cash, Ethereum and more. Litecoin, and from time to time they add new digital currencies. " For transactions, you simply have to download the Coinbase app on your Android or iPhone device or you can trade on their GDAX exchange market platform, which is especially suitable for seasoned traders. Is it really a new place to resume trading currencies for beginners?
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Totally true coin base has proven over the years to be a good platform for both beginners and professionals as well. I advise you look it up and see for yourself.
 
Coinbase's clean UI makes it easy to use for beginners. The most popular payment methods for Coinbase customers are buying with a debit card, and also using a bank transfer. ... However the experience of using Coinbase is not the same for every country.
 
For a beginner the a beginner's luck in the bitcoin and cryptocurrency market, Coin base is the perfect choice for you. Coin base supports Bitcoin, Bitcoin Cash, Ethereal support to each other.
 
Yes it one of safest platform Coinbase's clean UI makes it easy to use for beginners. The most popular payment methods for Coinbase customers are buying with a debit card, and also using a bank transfer. ... However the experience of using Coinbase is not the same for every country.
 
If we are talking about the most popular exchanges then Coinbase would definitely on the list. It's very easy to use. But exploring their reviews, you can see their users leaving bad comments about them.
 
Yes you are right coinbase is very good and user friendly for beginners but for me I still prefer block chain because your bitcoin is secured there that is if you are not trading you can just buy bitcoin and keep there. Same goes for coinbase too its a matter of choice.
 
yes, i can tell you that, i started using it since April 2019 and i can tell you that it's so secured (my own experience) but i unfortunately moved to payeer as i'm holding fiat currencies as well
 
I love
Braga13 said:
One of the oldest and most popular bitcoin trading site, it currently operates in 32 countries. It is based in San Francisco and was established in 2011. Some experts advise novices in the process of entering the field, saying: “If you are a beginner and want to try your luck in the bitcoin and cryptocurrency market, Coinbase is the perfect choice for you. Coinbase supports Bitcoin, Bitcoin Cash, Ethereum and more. Litecoin, and from time to time they add new digital currencies. " For transactions, you simply have to download the Coinbase app on your Android or iPhone device or you can trade on their GDAX exchange market platform, which is especially suitable for seasoned traders. Is it really a new place to resume trading currencies for beginners?
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I love the fact that coinbase is easy to use and good for beginners but thE word safest is what I'm not sure of. there are other Cryptocurrency wallet platforms that are very safe and friendly and easy to use at the same time like coinbase. BlockChain is there, likewise Luno and some others like that and they're doing well.
 
While it is never 100% safe to your money on any online exchange, Coinbase is one of the safest web wallets you can use. Coinbase keeps almost 99% of their assets in an offline cold storage that can't be accessed . when in cold storage, they cannot be hacked!
 
Being One of the oldest and most popular bitcoin, it has gotten a good reputation and has consistently served several traders. I believe it will be a good place for new traders.
 
Great information up there, coinbase has a large exchange and makes it safe to invest in the available Cryptos though I don't if coinbase would allow a Nigerian visa to buy crypto directly just like how quidax and luno operates. I have a coinbase wallet though unused for a while, I may have to login and see to the current activities. Thanks!
 
Coinbase is one of the top sites in this field, it is among the best and safest, so it can be used by anyone, whether beginner or professional.
 
A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.
 
As a beginner, I enjoyed the algorithms of Luno app. Retrieving a Bitcoin sent to a wrong address is like searching for a pin in the sea. It's very advisable that senders be cock sure of the recipient address before sending a Bitcoin.
 
I don't prefer coinbase I am from Nigeria and there are local organizations who tends to be better in terms of charges.
 
No online crypto currency wallet is safe to save crypto coin inside. They are all the same. Those online wallet and exchangers that were hacked never told us that they are not safe and secure . Binance was hacked sometimes ago, and we believe them to be safe. To save your coin. Safe it in an offline wallet or paper wallet
 
I am not so familiar with coinbase though so I can't really say if coinbase is the best for beginners or if it is beginner friendly but I see a lot of people use coinbase and post good reviews about coinbase so it might be worth the try if you are a beginner. And with what I know about coinbase, they have a good interface
 
Coinbase is one of the best crypto wallet ever. I love the interface and how they operate, the two factor authentication when you want to login is on point. I just love coinbase
 
Thats true tho, coinbase has been in existence for quite a while now and I think it may be the best due to the low coin rate and transaction fees. Well another could be binance as it has many features and is reliable, it allows one to buy different coins with your fiat currency directly.
 
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