If you’ve been wanting to get started investing in Bitcoin or other cryptocurrencies, you’ll need to sign up for a cryptocurrency exchange.

Cryptocurrency exchanges are similar to a stock brokerage company, in the sense that they allow users to deposit fiat money into their account and purchase crypto with it, similar to purchasing stocks.

Today we’re going to talk about Coinbase, a popular USA-based crypto exchange, so you can decide if it’s the right crypto investing app for you.

How do we rate the Coinbase crypto trading app?

4/5
Services 80%
Simplicity 85%
Sign-up Bonuses 80%
Price Research 75%
Store Rating 80%
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Coinbase is a pretty easy to use and simple crypto investing app. 

It offers most of the major cryptocurrencies and is available in over 100 countries.

The app tells you which cryptocurrencies’ price movements are correlated with each other, which is a feature I really like.

Coinbase also periodically allows users to learn about different cryptocurrencies in exchange for a small amount of the crypto you’re learning about, which is a really smart way to spread information.

Referring new users can earn you $10 worth of Bitcoin, which is a fairly decent referral bonus, BUT the new user has to trade $100 worth of cryptocurrency to be eligible, which makes it harder to get people to sign up for it.

One of the coolest things about Coinbase is a feature they have where you can get paid some free crypto to learn about different types of crptocurrency. They don’t give you a lot of crypto this way, but it’s a really smart way to spread knowledge about the industry.

Overall it’s a decent app and I give it 4/5 stars. Google Play Store user reviews give Coinbase 3.9/5 stars.

Coinbase cryptocurrency services

coinbase crypto app
Services 80%

If you’re wondering what kind of features and fees Coinbase offers, these pretty tables will help break that down for you!

Coinbase FeaturesFree VersionPaid Version(Pro)
FeesUp to $2.99 or 3.99%0-.5%
Mobile appinvestment app feature yesinvestment app feature yes
Integrated Walletinvestment app feature yesinvestment app feature yes
Two Factor Authentificationinvestment app feature yesinvestment app feature yes
Cold Storageinvestment app feature yesinvestment app feature yes
Instant Verificationinvestment app feature yesinvestment app feature yes
Crypto Swappinginvestment app feature yesinvestment app feature yes
Stakinginvestment app feature yesinvestment app feature yes
Crypto Lendinginvesting apps feature noinvesting apps feature no
Send Cryptoinvestment app feature yesinvestment app feature yes
Receive Cryptoinvestment app feature yesinvestment app feature yes
Business accountsinvesting apps feature noinvestment app feature yes
Affiliate Programinvestment app feature yesinvestment app feature yes
Learn to Earn Programinvestment app feature yesinvestment app feature yes
Other FeaturesN/AN/A
# of Cryptocurrencies2228
Deposit Options
Bank Transfersinvestment app feature yesinvestment app feature yes
Debit Cardinvestment app feature yesinvestment app feature yes
Paypalinvesting apps feature noinvesting apps feature no
Wire Transferinvestment app feature yesinvestment app feature yes
Skrillinvesting apps feature noinvesting apps feature no
Payout Options
Bank Transfersinvestment app feature yesinvestment app feature yes
Debit Cardinvesting apps feature noinvesting apps feature no
Paypalinvestment app feature yesinvestment app feature yes
Wire Transferinvestment app feature yesinvestment app feature yes
Account Limits
Bank Deposits$25,000/dayVaries
Card purchases$750/weekVaries
Paypal Withdrawals$25,000/dayVaries
Wire transfers$250,000/wireVaries

How simple is the Coinbase crypto app?

Simplicity 85%

Using Coinbase to trade cryptocurrency is really easy and intuitive. 

It was the first app I had ever tried trading crypto with and I pretty much immediately understood exactly what was going on, which helped me get over that initial anxiety of trying something new.

They even have a feature where you can occasionally get invited to learn about certain types of cryptocurrencies and get rewarded with free crypto for watching some short videos and answering a couple questions.

Coinbase sign-up and referral bonuses

Sign-up Bonuses 80%

The Coinbase sign-up and referral program, and their affiliate program for that matter, is decent, but not anything super exciting.

As mentioned previously, they will give you $10 worth of Bitcoin (BTC) if you sign up and trade your first $100 worth of crypto.

Their affiliate program allows you to earn 50% of the trading fees from your referrals for the first 3 months after they join Coinbase, which can make you a solid amount of money IF you can refer highly active traders.

The biggest problem with their affiliate program is you can make less than their normal referral program if people join and aren’t active.

 

Crypto price research tools

coinbase research
Price Research 75%

The price research tools on the Coinbase app aren’t really powerful or appealing to me.

They give some basic charts, basic information about the crypto you’re looking for, and some relevant news stories, so nothing special to see here.

The one research feature they do offer that I really like is price correlation, which shows how the prices of different cryptocurrencies react relative to the crypto you’re researching, but that’s not enough to make me give Coinbase a high rating for research tools.

 

Do you like Coinbase?

We’re interested in your opinion about Coinbase so we can provide better reviews and help people find the right apps for their needs.

If you want to let us know what you think, please leave a comment!

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If Coinbase doesn’t seem like a good fit, make sure you check out our homepage for some other options.

Thank you for reading, have a wonderful day!