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What is Coinbase and what are its advantages?

Coinbase is the number 1 platform in the US for the storage of cryptocurrencies and it has become the standard on-ramp for new investors in digital currencies. The wallet of cryptocurrencies offers a wide variety of services, including cryptocurrency investing, an advanced trading platform, custodial accounts for institutions, a retail investor wallet, and its own US dollar stablecoin.

Coinbase initially only allowed Bitcoin trading, but quickly began adding cryptocurrencies that fit its decentralized criteria. Their list has expanded to include Ethereum, Litecoin, Bitcoin Cash, XRP, and many others with the promise of more as long as they meet your requirements.

Coinbase initially only allowed Bitcoin trading, but quickly began adding cryptocurrencies that fit its decentralized criteria. Their list has expanded to include Ethereum, Litecoin, Bitcoin Cash, XRP, and many others with the promise of more as long as they meet your requirements.

Advantages of using the Coinbase wallet

  1. Variety of altcoins: Coinbase offers more than 25 cryptocurrencies for investment, trading, and also gambling.
  2. Extremely simple user interface: Coinbase is perhaps one of the easiest on-ramps for cryptocurrency investment. It's easy to sign up and buy cryptocurrency in a matter of minutes. It also has a learning program that pays users with cryptocurrencies to learn more about how cryptocurrencies work.
  3. High liquidity: Coinbase consistently ranks among the highly liquid exchanges. This protects the investor from serious price slippage in an already volatile market.

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