Everyone`s favorite exchange! I mean, it has it`s flaws but this is the first stop for many of the beginner crypto traders/enthusiasts/adopters. I really like that they are growing and trying to expand the business because I think this will help adoption. There are always new features and their customer service got better in the last few months which is a big plus considering the state of this department at many other exchanges and crypto services. The selection of digital money is not big, but good enough for most of the people and more than enough for the beginners. The UI is straightforward, easy to use and looks quite cool!
Very easy to set up account and buy. Takes days to wire money to U.S. wallet or the buy so you are locked in on price and can’t do anything until transactions clear. Can use debit or credit but fees go up, if wired 1.5 percent on buy and 1.5 percent on sell to convert to cash. In other words you will pay a lot of fees if you change Ethereum to litecoin on coinbase because dinged on fee to sell Ethereum, then dinged on fee again to buy litecoin. But if you plan ahead and hold on first choice you won’t get caught in the fee trap. I buy and hold or send to another wallet to exchange which is cheaper and coinbase is not set up to trade but only to buy and sell with money.