Whether they are Bitcoins or Ripple, crypto assets have undoubtedly revolutionized our online financial transactions and have made our daily lives easier, thanks to a Fast and secure payment system. Thus, there are many cryptocurrency exchange platforms reserved for investors or clients who wish to sell, buy or store cryptocurrencies, as is the case with the Coinbase Platform and it offers all sorts of cool features. So how do you sign up and what are the deposit and withdrawal fees? This is what you need to know!
Coinbase is a crypto exchange platform that allows to negotiate, sell and buy various types of digital currencies, through different payment methods, according to the preference of the users.
Created in 2012 by Brian Armstrong and Fred Ehrsam, the Coinbase platform It brings together millions of users around the world and is recognized for its reliable and secure transaction system that offers many services to its customers, including services for buying and selling cryptocurrencies via bank transfer.
The Coinbase Platform it is also available as a mobile app with trading tools suitable for beginner or more experienced traders.
What are the benefits of using Coinbase?
Coinbase is a huge digital currency exchange platform decentralized platform that is increasingly popular among users of crypto assets due to the many advantages it offers, mainly the following:
- access to advanced trading tools, such as Crypto Earn or OTC trading;
- no deposit fees are requested at registration;
- a simplified mode of use for novice crypto asset traders;
- a relatively fast processing time for cryptocurrency purchase or sale transactions.
All about Coinbase!
here are allInformation about Coinbase :
What types of cryptocurrencies are available on Coinbase?
In addition to its ease of use, the Coinbase platform offers its clients different types of cryptocurrencies that are the most profitable in the market. Thus, we find:
- bitcoin;
- Ethereal;
- binary coin;
- Moles ;
- litecoin;
- USD currency, etc.
What are the transaction fees at Coinbase?
Coinbase transaction fees they essentially correspond to deposit and withdrawal fees, as well as trading fees.
Therefore, like other cryptocurrency trading platforms, Coinbase charges withdrawal fees $0.16 for transfers made by SEPA payment and $0.59 for transfers made by bank card. Deposit fees when opening a Coinbase account, they are for free.
As far as business rates, they amount to 1.49% of the amount of the initial purchase of cryptocurrencies by SEPA transfer and 3.99% for transactions made with a card without a deposit.
In order to buy, sell or store cryptocurrencies on CoinbaseYou must be registered on the platform. And for this, it is essential to follow the following registration steps. To get started, go to the Coinbase official website and click on the “Create an account” section to open your account. Then, complete the online registration form, inserting your personal information, including your first name, last name, and date of birth. After that, choose a password associated with your Coinbase account and validate the registration link, having received it in your mailbox. Secure your account by verification method in two steps, communicating your phone number to enter the validation code that will be assigned to you! To enddetermine the amount of currency chosen and the payment method that suits you best to make your first crypto transaction.
It should be remembered that the Coinbase Platform offers the opening of 3 different types of accounts (standard account, Coinbase Pro, Coinbase Prime), depending on the profile of each user. Therefore, it is up to you to choose which one suits your needs the most.
What are the payment methods offered on Coinbase?
To proceed with the actions of buying and selling cryptosthe Coinbase platform allows its users to employ various traditional and innovative payment methods, including SEPA transfer, ACH transfer, PayPal or SoFort.