What is Coinbase?
Coinbase is a major cryptocurrency exchange that serves customers across the world. Its brands include Coinbase and Coinbase Pro, which are geared toward retail cryptocurrency buyers in the United States, as well as institutional investors in less developed countries. Coinbase's parent company is based in San Francisco, California, where it operates under FinCEN regulations. This allows for greater security and comfort to users who are investing in cryptocurrencies.
Coinbase offers 40+ cryptocurrencies. It used to offer more coins at its former platform, Coinbase Pro, but now it offers trading in roughly the same list of cryptos. Coinbase is aimed primarily at traders who are new to cryptocurrency and want a simple way to get started.
Coinbase accepts both wire transfers and credit cards for deposits, which can be helpful to new crypto investors. The fee structure can vary greatly depending on what method you choose to use for deposit: paying with a credit card incurs a 4% fee, but depositing funds through wire transfer will only cost 1.5%.