Sirwin
Sirwin

Coinbase

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Coinbase is an American cryptocurrency exchange located in San Francisco, California. Founded in 2012 by current CEO Brian Armstrong and Fred Ehrsam, Coinbase is one of the world’s most popular cryptocurrency exchanges, despite its relatively selective asset listing process. The exchange has received funding from several prominent venture capital firms, including Andreessen Horowitz.

Coinbase offers trading features to users in 32 countries, and offers transaction and storage features to users in 190 countries. Coinbase operates two exchanges: Coinbase and Coinbase Pro, the latter being a platform exclusive to professional traders. Coinbase Pro traders typically receive access to trading newly listed tokens before regular traders do.

As a part of its bid to compete with other major exchanges of the world, like Binance, Coinbase features several other facilities to round out its reach into the market. This includes custody services, fundraising mechanisms, a wallet, a cryptocurrency educational program and a stablecoin called USD Coin, released in partnership with payments technology company Circle. 

In more recent months, Coinbase has steadily been moving towards listing as many assets as possible. The exchange frequently puts out a list of tokens that it considers for addition, as this is the most desired development for the exchange for users. Another major development is the Coinbase custody acquisition of Xapo’s institutional business, a major crypto focused company.

Coinbase has also experienced its fair share of controversy. Their acquisition of Neutrino, which has links to a hacking team that has aided oppressive regimes, drew criticism from users and the cryptocommunity. CEO Armstrong later said that members linked to the hacking team would “transition out of Coinbase.”


Coinbase to collect crypto donation for Trump's election campaign

24 May 2024 1 minute read 0 comments Yugocean

   Coinbase to collect crypto donation for Trump's election campaign      Trump will accept Crypto Donation for his presidential campaign. According to CNBC, this donation will be through Coinbase Commerce, and will be reported as an "in-kind donatio...

Binance Pay: Is it the Best Solution To Pay With Crypto or Are There Better Ones?

23 May 2024 1 minute read 2 comments Cryptofab

Today I explored Binance Pay. It intrigued me because of the way Binance is promoting it, which sounds a bit weird from my point of view - see below: https://s.binance.com/a4B2NVO0 Unlike traditional crypto transactions, Binance Pay aims for seamless...

Potential New Coins on Coinbase in 2024 and Their Expected Impact

22 May 2024 11 minute read 0 comments letssittt

Introduction Coinbase’s buying and selling platform for cryptocurrencies impacts the choice of coins, the dynamics of the marketplace and investor appeal and the use of technology inside the virtual financial system. As we technique 2024, there are a...

"Brazil's Crypto Market Is Setting an Example for the World” – An Interview with Coinbase's Fábio Plein

21 May 2024 4 minute read 0 comments Mike Ermolaev

Digital currency trends may shift constantly, but Brazil appears to offer firm support with its innovative spirit and straightforward regulatory approach. This supportive environment has led to a boom in the country’s crypto purchases, with cryptocur...

Coinbase Wallet launches new high-reward quest (but there's a catch)

21 May 2024 1 minute read 0 comments LeftFooted

Coinbase has gradually been moving its learn-to-earn questa from Coinbase Exchange to Wallet. These quests use to be simple and quick, but they're now getting complicated. It's still 'free' money, but you have to earn it. The latest addition, which...

Binance Busts Baddies...But Who's REALLY on Their Side? The Global Crypto Crackdown You NEED to Know About

21 May 2024 1 minute read 0 comments Cryptofab

We've all heard the news: Binance is teaming up with some countries in Asia to take down some major crypto criminals. Sounds great, right? But it got me thinking...what does this REALLY mean for the future of crypto, and more importantly, where do di...

An In-Depth Look at Coinbase's BASE Ecosystem

20 May 2024 4 minute read 0 comments Personx

Alright, imagine you're at a chaotic party where everyone’s trying to be the center of attention (that’s the blockchain world). There’s Bitcoin, the old wise grandpa telling tales of the past. Ethereum, the mad scientist always inventing something ne...

DEGEN: The Meme Coin that Could 100x Your Investment... or Rug You?

19 May 2024 1 minute read 2 comments Cryptofab

Alright, degens, gather 'round. I've been scrolling through CoinGecko, and this DEGEN token on Base caught my eye. It's giving me serious meme coin vibes, and we all know how those can explode. But is this one worth the risk? Let's dive in. What the...

Coinbase Vs. Binance: Which Crypto Exchange Platform is Better

19 May 2024 6 minute read 0 comments MicaR

Binance was launched in 2017 and within 6 months, the exchange platform became the number one crypto exchange company in the world. Binance has a presence in over 140 countries, none of the existing decentralized exchanges or centralized exchanges ha...

Binance Busted a $6 Million Laundering Ring, But Is It Just a PR Stunt?

17 May 2024 1 minute read 1 comment Cryptofab

I recently read that Binance helped Taiwanese authorities bust a massive money laundering ring. This made me wonder if Binance is finally trying to clean up its act. Are they trying to shake off their "wild west" reputation and gain legitimacy with r...