Coinbase Review

The need for safe and secure cryptocurrency transactions is at an all-time high, and so is the need for a secure and reliable exchange platform. Welcome to Coinbase, facilitating the exchange of cryptocurrency since its inception in San Francisco in 2012, and now operating in more than 32 countries across the globe, serving over 12 million customers, and exchanging over $40 million dollars in digital currency. Operating slightly differently from the rest, Coinbase permits its users to trade their cryptocurrency at a set price, based on the market value, giving users the fastest cryptocurrencies exchange on the market today.

Learn about bitcoin and how to exchange with this Coinbase Review

Fees

Coinbase charges their users fees according to their method of payment, and can range anywhere between 1.49% and 3.99%. Credit card fees do appear on the higher end of the percentage fee range, Coinbase is however one of the only few cryptocurrency exchanges that accept credit cards.

Safety and Security

It is safe to say that Coinbase is one of the safest and most secure platforms on the net today. Forced to follow both US State and Federal laws, rules, and regulation when transacting within the United States makes Coinbase an additionally safe bet for American residents. The separation of customer money and the business’s operating funds is a feature that brings additional peace of mind to their customers. Coinbase openly stating that even if the company becomes insolvent, their customers’ money is secure.

98% of Coinbase’s cryptocurrency is stored offline, either via paper wallets and/or hardware wallets that have further been moved to safety deposit boxes and vaults around the world for safe keeping. The remaining 2% of funds is fully insured a syndicate of Lloyd’s of London, guaranteeing that any funds lost or stolen will be duly reimbursed.

Transaction Limits

Due to the global nature of the business of cryptocurrencies, transactions vary from and between country to country, as well as the result of payments and the verification status. User have the liberty to apply for increased limits, although these applications are generally not applicable to credit card transactions. Identity verification is required for the application of higher limits. Fully verified US citizens have the liberty to transact up to $50,000 per week, while a maximum of $30,000 is allowed in the accounts of verified European customers at any one time.

Learn more about this exchange here:  https://www.smartbitcoininvestments.com/coinbase-review/

Coinbase Shift Card

The Coinbase Shift Card allows Coinbase users, within certain states and territories, to spend their Bitcoin’s available any time and at any place where VISA cards are accepted. An initial cost of $10 will get you your card, and you will pay no transaction fees for domestic transaction. Additionally, with the Shift Card, no fees will be charged when exchanging Bitcoin to USD.

Customer Support

Coinbase offers its customers support through a number of effective channels: email, FAQ pages, as well as Knowledge Base page. Due to the rapid increase in the popularity and demand for cryptocurrency, customer support wait times do vary, and at the moment it seems like waiting has become an option. Typical response times range anywhere between 24 to 72 hours, and serves customers from more than 30 countries.

Downtime

Coinbase has in the past had some negative experiences with downtime. This is due to the high volatility of Bitcoin, almost daily, and has caused some downtime for both the app and the website, causing users to be unable to purchase o trade through the system. Coinbase has assured its customers that the issue is being resolved for future operations, and are working on the scaling problems they encountered earlier.

Even though Coinbase is not perfect, the security and services that they offer their customers is unmatched. Easy to use and practical for beginners, buying and trading cryptocurrency has never been this safe and easy. A good recommendation would be to always transfer your cryptocurrency purchase into a personal wallet, allowing you full access and a private key to your wealth and fortunes.

A Bitcoin Documentary For Those Who Want To Learn Crypto

What You Can Learn From A Bitcoin Documentary

Are you astounded by the rise of cryptocurrencies like Bitcoin? If you are, you certainly aren’t alone. Many people failed to predict the success of Bitcoin. If you would like to gain more insight into this phenomenon, you should consider watching a Bitcoin documentary. Here are a few of the things the right documentary will be able to teach you.

You’ll Learn What Bitcoin Is

If you’re completely new to Bitcoin, a documentary should provide you with a great overview. A documentary will provide you with an in-depth information of what Bitcoin is. You’ll be able to learn about cryptocurrencies and how they came to be. You’ll be able to learn about how Bitcoin was created and how it grew.

Even if you’ve heard a lot of chatter about Bitcoin over the last few years, you might not know what Bitcoin is. If you have questions about Bitcoin, you’re certainly not alone. Thankfully, there are some highly informative documentaries that should be able to provide you with answers.

You’ll Learn About How Bitcoin Is Mined

A lot of people struggle to understand how Bitcoin works. When people hear terms like “Bitcoin mining,” they often feel confused. If you’ve had a hard time understanding this aspect of Bitcoin, a film should be able to make things clearer for you.

There’s only so much that you’ll be able to learn about Bitcoin through reading. If you watch a film, you’ll actually have the chance to see the process in action. Even if you’ve had a hard time grasping Bitcoin mining before, a movie should help you to figure things out.

You’ll Learn About Other Cryptocurrencies

Bitcoin isn’t the only cryptocurrency out there. Other cryptocurrencies, like Litecoin, have also been seeing a lot of success. Most documentaries that cover Bitcoin don’t talk about Bitcoin alone. They mention other cryptocurrencies as well.

If you’d like to learn about cryptocurrencies that aren’t Bitcoin, a movie can be a good place to start. Some documentaries will only touch on the subject of other cryptocurrencies, while others will go into more detail. Research films and decide what you would like to watch. There are plenty of films on Netflix, along with Amazon Prime.

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You’ll Be Able To See Why Bitcoin Is So Successful

If you’re curious about Bitcoin’s sudden price spike, recent documentaries should leave you satisfied. The right documentary should be able to explain why Bitcoin saw such dramatic growth. Here is a complete list of Bitcoin documentaries are available to watch on Netflix, Amazon Prime, YouTube and more: https://www.smartbitcoininvestments.com/bitcoin-documentary-list/

There are a number of factors that played a role in Bitcoin’s rise. By watching a documentary, you’ll be able to see how these factors worked together. You’ll be able to understand why Bitcoin saw such a huge surge, and you’ll be able to see what the future holds for cryptocurrencies and bitcoin as an investment tool.

As you can see, a Bitcoin documentary can be extremely educational. If you have questions about Bitcoin, a film will be able to provide you with some answers. Find a well-reviewed documentary and give it a watch! By the time you’ve finished watching, you’ll have learned all kinds of things about Bitcoin. We encourage you to explore your local library and the Internet along with using the many bitcoin directories to find a dealer near you.