What is Coinbase?
Coinbase is one of the largest and most popular exchanges for buying and selling cryptocurrencies. It allows users to trade Bitcoin, Ethereum, and many other cryptocurrencies, and features a user-friendly interface.
Who is the Founder?
Coinbase was founded by Brian Armstrong and Fred Ehrsam.
When Did It Start Operations?
Coinbase became operational in 2012.
Where Is It Based?
The headquarters of Coinbase is located in San Francisco, California, USA.
In Which Countries Is It Banned?
Coinbase is banned or faces restrictions in several countries. Notable examples include:
- China: Cryptocurrency exchanges are banned.
- United Kingdom: The FCA (Financial Conduct Authority) has imposed certain restrictions.
- Other Countries: There may also be restrictions in some European and Asian countries.
What Is the Trading Fee?
Trading fees on Coinbase vary depending on the type of transaction. Generally, fees are around 1%, but this can change based on trading volume. Lower fees apply when using Coinbase Pro.
Is Margin Trading Available?
Coinbase does not directly offer margin trading. However, certain margin trading options are available on the Coinbase Pro platform, allowing users to trade with limited leverage.
