Coinbase Review

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Coinbase

CoinbaseWebsite: www.coinbase.com

Background: San Francisco based Coinbase was founded in June 2012 and is now one of the the most popular Bitcoin re-sellers with over 1 million wallets and is used by 25,000+ merchants.

It is not really an exchange in that you buy and sell bitcoins from Coinbase rather than from other users.

Funding Options: You can fund your account using Bitcoins, ACH money transfer from your US bank account or credit card.

Service: Once you have money deposited you can start trading Bitcoins with instant orders at the buy/sell prices quoted by the company. Limit orders are not available.

Up to 97% of customer funds are stored offline in bank vaults to prevent theft or loss.

Fees: 1% fee for each transfer from bitcoin to dollars or from dollars to bitcoin. Sending or receiving bitcoin between online wallets, friends, or merchants is free.

Privacy / KYC policy: See their Privacy Policy.

Support: 24/7 support via ticket from the website which the aim to resolve in 24 hours.

Our Review: To follow

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