Is Coinbase a crypto platform to trade with

[Sincerem]

Ofcourse, you will lose your privacy and the Coinbase will know how much crypto you have. Tax authorities will know too. But then it is safe with you, someone else will not take it.

Fantastic, but I think its best to regulate fraudulent activities around the coins. Because in this present day, money laundering in the Cryptocurrency system have become a norm. That's why they brought this verification process in the site. It is best for all parties using coinbase and other recognized Cryptocurrency wallet.

 

[Yugocean]

One importance of the coinbase is, they work like real company with Headquarter in San Fransisco, California. So they are bound to follow Laws of California State. Also it works as Multinational company, it have to help authorities.