Should you avoid Coinbase?

[Ratine]

As of me l realized that the Coinbase has very limited number of coins for that matter.

 

[Ratine]

Of course yes. Especially the people on my country should stay away from that exchange completely.

 

[Starmix]

I am not interested in coin base. I am interested in US dollars and my country's currency which is peso.

 

[gwolf666]

Coinbase is a very popular exchange. It is also a very popular wallet as well, which us used by many people around the globe. However, Coinbase is not free from flaws. You cannot trade in cryptocurrencies if you live in certain countries. So, what are some reasons to avoid Coinbase?

Coinbase is a very popular platform as both an exchange and a wallet, used by people all over the world. However, it is not without flaws. One of the main reasons to avoid Coinbase is that it does not allow cryptocurrency trading in certain countries, limiting access to many users. Additionally, some users complain about high fees compared to other exchanges and the lack of control over the private keys of the cryptocurrencies stored on their platform. There has also been criticism about slow customer service.

 

[Ratine]

I think that depends on the perspective aspect for the person dealing with the Coinbase for that matter.

 

[Kera]

Everyone that I know says Coinbase has too high fees and that doesn't look attractive for me as a new person in crypto.

 

[Passiveearner]

@gwolf666 - Is Coinbase trading available in your country? Since trading on Coinbase is not available in all the countries, I think this is where many people may choose binance over Coinbase.

 

[Ratine]

I guess that Coinbase works best in some countries and not working at all in other countries.

 

[Stardom22]

I have noted that like in my country the Coinbase works with high limits for sure

 

[Kosi G]

I heard that Coinbase wallet is managed by a new person who has so much experience in the crypto sphere.

 

[Stardom22]

I think that Coinbase is a very reputable exchanges and one can consider that if it's working at your location