5 Reasons You Should Use Coinbase to Trade Crypto

Over the years, Coinbase has become one of the most popular cryptocurrency exchanges today, in the midst of exchanges that offer a wide range of features. Coinbase is one of the preferred exchanges I trade crypto on because of its user-friendly features that make the trading experience much easier. 

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Key Takeaways

• Simple and practical, Coinbase offers a trading platform anyone can use.
• With over $100M in rewards paid to users, there are many ways to earn crypto.
• Educate yourself on everything you need to know with the Coinbase Learn portal.
• Coinbase Pro offers many advanced features to improve your trading experience.
• Diversify your portfolio with over 200+ cryptocurrencies to choose from.
• Get a free $10 when you sign up with Coinbase and buy/sell at least $100!

What is Cryptocurrency?

In simple terms, cryptocurrency is a digital or virtual currency that is secured by complex cryptography, which makes it almost impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks (not controlled by a single entity) based on blockchain technology—a distributed ledger enforced by a large network of computers. These computers may be running a blockchain node, mining blocks for crypto transactions, or many other tasks that keep the blockchain running 24/7.

There are many uses for cryptocurrency besides trading:

Make private transactions. Low-cost money transfers. Alternative payment options. Purchase virtual real estate. Invest in a retirement fund. While many trading platforms exist, after reading through these highlights, you'll see that Coinbase might be the right cryptocurrency exchange for you!

1) Easy for crypto beginners to use.

One of the main reasons millions of people enjoy Coinbase is because of how user-friendly the site and mobile app is. Anyone can create a free account and start trading in no time. With lots of learning resources, Coinbase tries its best to get you on the right track.

Trade on the go with ease with their highly-rated mobile app that allows you to buy and sell crypto in seconds. The simplicity of the Coinbase platform doesn't require the user to know investment lingo and can jump right into trading.

2) Great ways to earn crypto.

It is rare for a trading platform to offer extra rewards to its users. Coinbase makes it fun & easy to earn extra crypto and with some methods, you can watch it passively grow. There are various ways you can earn crypto rewards with Coinbase:

1. Coinbase Earn - Get paid to learn the basics about certain cryptocurrencies.
2. Stake your crypto - Contribute to a particular crypto network by "freezing" some of your holdings into a staking pool for a set timeframe to earn rewards over time.
3. Exchange your fiat into stablecoins - You can earn a certain APY reward by holding a dollar-pegged stablecoin like Dai.
4. Share portions of crypto with CeFi - Lend some of your crypto to CeFi (centralized finance) in USDC to earn a yield on it.
5. Free $10 when you sign up with Coinbase and buy/sell at least $100!

3) A portal for educational resources.

Coinbase offers a wonderful education platform that has beginner guides, market updates, and practical tips to aid you along your crypto journey. 

This company is very concerned about informing its users about the basics and important information that will help improve your investments. Whether you need help with your crypto taxes or understanding what NFTs are, their resource library has you covered.

4) Advanced trading platform that boasts a range of features.

For experienced traders requiring more advanced features from an exchange platform, Coinbase Pro offers more investment options you'll enjoy. There are technical analysis add-ons, additional order types, and much more.

For advanced traders, there is a fully-featured trading API that I personally use for my trading app. It allows a user to have full access to their account without the Coinbase app or website and opens up many new possibilities. 

5) Numerous cryptocurrencies to choose from.

With over 200+ cryptocurrencies available, you can buy and sell your preferred crypto easily. Here of some popular cryptocurrency coins that are available:

• Bitcoin (BTC)
• Ethereum (ETH)
• Bitcoin Cash (BCH)
• EOS (EOS)
• Cardano (ADA)
• USD Coin (USDC)
• Dash (DASH)
• Dogecoin (DOGE)
• Litecoin (LTC)
• Uniswap (UNI)
• Tether (USDT)

Should you try out Coinbase?

Coinbase is the perfect crypto exchange to begin investing in crypto, or use as a trading platform with many advanced features if you are already experienced in trading crypto. With various ways to earn crypto and tons of tokens to decide from, the possibilities are endless with Coinbase. A strong support team and a huge community will lead you to the right resources if you find any issues.

Sign up today with Coinbase to earn $10!

Start off your crypto trading investments right when you sign up with Coinbase. Get a free $10 in crypto when you buy at least $100 worth of crypto with Coinbase. 

Learn From The Best.

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