Audience: Investors looking for an entry point into digital assets
Features
Easy access to crypto for investors who want to passively invest. Vault offers more security features than a standard online wallet.
Top reason to Pass
Fees, Fees, Fees!
Bottom Line
Coinbase is a gateway into crypto. Research and learn as you wait for your deposit limit to increase (yes, they gradually increase the amount you are allowed to deposit/purchase). It is for an investor looking for an accessible onramp to get started with cryptoasset investing as they begin the learning process.
As investors continue their education, they will likely choose more secure holding methods, or use Coinbase as one of the many places to store coins to diversify their risk profile.
Starting small with bitcoin investments via Coinbase. While you research security methods, coin fundamentals, and portfolio risk management tools is a well worn and effective way to get started with cryptoasset investing.
Avoid the credit card purchase method (lesson learned the hard way firsthand by the author).
Disclosures
The purpose of this review sheet is not an endorsement of said company or investment advice. The author is reviewing a company he has used to purchase digital assets. Always do your own comprehensive research when considering investments and providing personal information to companies via the internet.
The author has not been paid to endorse Coinbase and has zero affiliation with the company.
Questions, suggestions for improvements. Please reach out.
