Signup Requirements

Email address / SMS Verification / KYC requires government-issued photo ID. / Occupation / Employer / Last 4 of social security number.

Minimum Balance

Coinbase does not require a minimum balance. Unlike bank accounts, crypto exchanges do not require a minimum balance.

Bonus Crypto

Coinbase offers a generous first time deposit bonus for new users that complete their first trade. A trade can be a purchase of crypto or trading current cryptocurrency.

Cryptocurrencies Supported

Coinbase supports all the well-known currencies. Although Coinbase is somewhat limited on what it has for crypto you can expand your possibilities with the use of the Coinbase Wallet.

Types of Trading

Coinbase offers standard crypto trades. Making it easy for new users to get their hands on the cryptocurrency they are seeking.

Ease of Use

Coinbase is beginner friendly as they are designed for new users of cryptocurrency. Although they can be confusing if you decide to start trading. Know that the Coinbase Wallet is not the same as Coinbase even though they are through the same.

Ease of Access & Security

Coinbase can be accessed through mobile or PC. Coinbase also has a mobile app.

Multi-layer user authentication is used to protect your assets.

Earn Cryptocurreny

Coinbase is the best exchange to earn free cryptocurrency. They became well-known for their Learn and Earn program. They also have interest and staking options available.

Conclusion

Coinbase is a crypto exchange to get started for those new to cryptocurrency for the Learn and Earn program. If you plan to perform a large amount of trading there are better options due to high fees.