Coinbase App Review 2022 | A cryptocurrency exchange platform

Table of Contents

What is Coinbase App?

Coinbase app is a cryptocurrency exchange, with over 35 million users across 32 countries worldwide. This app allows you to securely buy, store and sell cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and many more in an easy, user-friendly app and web platform. The app makes buying cryptocurrencies simple and fast. All it takes is a bank account or debit card.

Coinbase was developed and managed by a very talented team of Coinbase and the app is updated very frequently. This app is breaking records with millions of downloads by users. The app does not hinder any other applications running on your phone. It uses a secure, enterprise-grade environment. It ensures that your data is safe and nothing is shared with any other application.

Main Highlights:

Get $5 in Bitcoin when you join the app
Earn a return just for holding a crypto
See the latest prices instantly
Earn Bitcoins by referring your friends

Features of the Coinbase App

The app lets you stay informed with the updates and features that help you build your knowledge and your portfolio, including automatic buys and price alerts. The app’s dashboard helps you see prices and the value of your assets, any time, anywhere.
Over 98% of cryptocurrency is stored securely offline and the rest is protected by industry-leading online security. Your account is also subject to the same scrupulous safety standards, including multi-stage verification and bank-level security.
The app lets you lock the app with a passcode, or remotely disable your phone’s access to the app if it gets lost or stolen. Whether you’re just starting your crypto journey or a seasoned expert, you’ll find everything you need to build your crypto portfolio in the app.

Why Coinbase App?

Coinbase app is a crypto wallet and it also helps you buy and sell cryptocurrencies. The app also helps you build your crypto profile. Moreover, you can earn bitcoins by referring your friends. It provides a simple clean interface and visuals and makes it easier for the users to work with.

Coinbase App Review

Frequently Asked Questions

What distinguishes the Coinbase app from the Coinbase Wallet app?

Coinbase’s offering for individuals wishing to purchase or trade cryptocurrencies is the Coinbase app (available on iOS and Android), which is also accessible at Coinbase.com. It’s a simple, secure, and regulated way to get started with cryptocurrency using US dollars or other local fiat currencies. You can securely store crypto with Coinbase, eliminating the need to manage your own private keys. Coinbase.com and its mobile applications are accessible in over a hundred countries.

The Coinbase Wallet app is a distinct, independent application that enables users to store or control their own cryptocurrency and to navigate the decentralized web via a dapp browser. To use the Coinbase Wallet app, you do not need a Coinbase account. Coinbase Wallet enables customers to maintain their own private keys and securely keep crypto assets on their devices, rather than through a centralized brokerage or exchange. Coinbase Wallet cannot be linked to a bank account in order to purchase or sell cryptocurrencies using US Dollars or other fiat currencies. Coinbase Wallet is available for download and use from anywhere on the globe.

What are the benefits of Coinbase Wallet?

Coinbase Wallet is a software product that enables you to purchase and store ERC-20 tokens, participate in airdrops and initial coin offerings (ICOs), collect rare digital art and other collectibles, browse decentralized applications (DApps), shop at merchants that accept cryptocurrency, and send cryptocurrency to anyone in the world.

If you’re merely interested in investing in digital currency, Coinbase Consumer at coinbase.com remains the simplest way to purchase, sell, and manage your digital currency.

Can I switch from another wallet program, such as Metamask or MyEtherWallet?

You certainly can. Each wallet secures its assets with a private key, which you may import into Coinbase Wallet. Simply search for the 12-word recovery phrase or mnemonic in the settings menu of your existing wallet and then sign into Coinbase Wallet using the same 12-word phrase.