What is Coinbase & how does it work?

Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency (crypto). Our mission is to create an open financial system for the world and to be the leading global brand for helping people convert crypto into and out of their local currency. We make buying and selling crypto easy.

Does Coinbase have KYC?

Even though Coinbase is used to buy decentralized currencies, they still have strict KYC (Know Your Customer) requirements. Coinbase is available in more than 100 countries, including the United States, Canada, Mexico, Australia, the United Kingdom, and many others. To register an account on Coinbase, you will need the following:

Does Coinbase support altcoins?

No access to trade many altcoins: While Coinbase supports an impressive list of currencies, many seem to be missing. Coinbase is a cryptocurrency trading and investing platform that offers users the ability to buy, sell, and exchange over 200 tradable cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin.

How do I buy a coin on Coinbase?

Once you set up an account on Coinbase, you can now proceed to buy listed coins on the platform. To do this, simply click on Buy/Sell on the upper-right-hand side of your screen. Then, you can simply select the coin you want to buy and choose the quantity.