Coinbase

Digital currency exchange

Coinbase is an American cryptocurrency exchange platform where users buy, sell, and store digital currencies like Bitcoin and Ethereum.

Founded in 2012, it became one of the first major exchanges to make cryptocurrency accessible to mainstream investors: I bought my first Bitcoin on Coinbase.

The company went public in 2021.

platform

exchange

Mutual giving and receiving

app · Bitcoin · Ethereum · portfolio · dashboard · transactions · fees · deposits · withdrawals · verification

business

IPO

First public stock offering

revenue · earnings · shareholders · SEC · quarterly · profits · employees · headquarters · founding · 2012

security

two-factor

Authentication using paired credentials

encryption · biometric · password · breach · hack · phishing · verification · compliance · FDIC · regulated

services

staking

Risking something valuable

  • rewardsBenefits given for merit
  • vaultSecure storage chamber
  • NFTBlockchain-verified digital ownership

custody · debit card · learning · interest · lending · institutional · Commerce · brokerage · conversion · price alerts

onboarding

beginner

One who lacks experience

tutorial · learn · simple · user-friendly · accessible · mainstream · adoption · gateway · entry point · novice

Opposites
exchange philosophy

CoinbaseLedger

Surname or brand

hardware wallet · DeFi

regulatory stance

CoinbaseFTX

Failed crypto trading platform

Family

coin, coins, coining, blockchain

Familiarity
Top 1,000,000
Profile
Concrete · Rated G