One of the oldest ventures in cryptocurrency exchanges is Coinbase. This is one of the exchange platforms that was launched at the time when cryptocurrency Bitcoin was a novelty. Launched as a San Francisco company way back in 2012, this company operates across 32 countries. It has served about 12 million customers in this period. There has been about $40 billion worth of exchanges done in cryptocurrencies since its inception. Hence it can be stated to be one of the highest funded startups based on Bitcoin which has grown to become one of the largest exchanges in cryptocurrency across the world.
Being one of the oldest cryptocurrency exchanges in the market this Bitcoin startup has the following features:
Should you invest in Coinbase?
When you look at a cryptocurrency purchase or exchange platform, it is normal to have certain apprehensions. There have been certain issues such as large losses of cryptocurrency in the past, such as the Mt Gox incident that affected all cryptocurrency exchanges. However, this platform is a registered entity and complies with Federal laws under US sovereignty. It also strives to maintain a financial system that is open as well as innovative which has helped in instilling confidence in existing investors as well as helping them to profit from the exchange system.
