Coinbase Review

If the latest 2017 statistics are to be believed, Coinbase, with a customer base from more than 30 countries is at present, the largest Bitcoin Broker of the world. Based in San Francisco, and supported by trusted investors from all over the world. The company designed to offer the customers the privilege to purchase Bitcoins with their respective bank accounts that can be connected to the domain directly. It allows a number of other activities like SEPA transfer, Interac online, and a number of other methods of payments. In addition to that the company also equipped to offer e-wallet, exchange and developer API.

The working mechanism of Coinbase

The most significant privilege of using Coinbase is its extremely easy working methodology and user-friendly interface. This is the reason, even an individual who buying Bitcoins for the first time finds it easy to handle and browse. Although Coinbase supports a number of purchasing methods. The most popular methods of payment are purchasing Bitcoins with credit or debit cards or purchasing through a bank transfer.

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Apart from credit, debit card and bank transfer, other methods of purchasing Bitcoins here are SEPA transfer and Xfers transfer.

It is absolutely safe and secured

Another main reasons why Coinbase preferred by such a huge number of people all over the world. It is mandatory for the customers using Coinbase to provide comprehensive identity verification and other personal details. However, it is guaranteed that all these personal details kept confidential in the safe custody of the management.

In fact, such rigidity of the verification process that customers purchasing Bitcoins using a credit card required to provide an image of their driver’s license or passport.

Limits and Liquidity

Another plus point of Coinbase is that it offers fairly high limits to its customers. Limits here however, depend upon their account level. The level in turn determined by the extent of verification of personal information. Customers from USA who have had their personal information fully and substantially verified entitled to purchase Bitcoins worth up to as much as $50,000 on a daily basis. The purchasing limit of their European counterparts at any given point in time is €30,000.

The TAT for purchase

The turnaround time for purchase on Coinbase varies from one country to another. In USA, customers can have Bitcoins transferred to their ownership in 5 business days from the day of placing order while using bank transfer. However, upon using credit card, they can enjoy instant purchase. The amount in this case for fully verified users is $1000 worth of Bitcoins per week. In Canada the transfer takes 3 days, while in Europe, the time period is 1 to 3 days.

Easy accessibility

With a sound knowledge base and email support, backed up a Coinbase Community, customers can get support and help regarding their queries and problems whenever they need.

Pros

  • High liquidity as well as limits of purchase
  • User friendly process that helps even new buyers.
  • Offer of instant purchase on credit card

 

Cons

  • Limited methods of payment
  • Availability of ways to track how the customers are spending their purchased Bitcoins.

Affiliate program

The affiliate program of Coinbase lets the interested individuals earn handsome bonus amounts for each and every referral that registered into their accounts. Whenever a person visits the company website and initiates to purchase or sell Bitcoins worth US $100 or more within 180 working days from the day of opening the account. Both that individual and the referee will be credited a US$10 as referral bonus once the order completed. Generally an order takes 5 business days to wrap up. Join Their Amazing Affiliate Program Today!

Coinbase Affiliate Review

Our Review
  • 9.1/10
    Affiliate Program - 9.1/10
  • 9.8/10
    Features - 9.8/10
  • 8.2/10
    Reputation - 8.2/10
  • 9.6/10
    Security - 9.6/10
  • 9.8/10
    Usability - 9.8/10
9.3/10

Summary

Chances are if your in the Crypto world you’ve heard of Coinbase. They have been around longer then most and boast themselves as being one of the largest exchanges in the world. With that much volume, an abundance of complaints is inevitable. But with all the bad being said there is also plenty of positive talk on the forums to counter it. We have worked with Coinbase for sometime now and have absolutely nothing bad to say about them. So in our personal opinion we say ignore the haters, sign up, and see for yourselves.

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