Advantages of using Coinbase as e wallet

in #coinbase6 years ago

Coinbase is one of the best e-wallet to store cryptocurrency. It has establish a good reputation in the crypto market. You can buy cryptocurrency also store them in your coinbase wallet for free. Why coinbase is the best, I will discuess about it here.


Source

Coinbase store most of the currency in cold storage. They only use a portion of their currency for transaction. If you are a coinbase user you can see that it is possible to create thousands of unique address to receive currency to your wallet. Actually those address owned by coinbase. When you send an amount to that address, conbase saves that money for you. If you request a transaction from your wallet, coinbase perform that transaction for you after verifying your identity. So there is no chance to loose your money. They also offer two step verification for your wallet.

Another advantage of coinbase is that you can buy cryptocurrency from coinbase with your credit card. When you make 100$ transaction after registering they will give you 10$ bonus. They also offer to buy currency using mobile app.

In my opinion to store cryptocurrency in e-wallet coinbase is the best. Thanks for visiting my blog.

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