Coinbase
| Trust score | 10/10 (rank 1) |
|---|---|
| 24h volume | 24,592 BTC |
| Fees (maker / taker) | 0.40% / 0.60% |
| KYC | Required |
| Proof of reserves | Not published |
| Insurance | Crime insurance on hot wallets; USD balances FDIC pass-through |
| Licenses | US (state MTLs, NY BitLicense), UK (FCA registered), EU (MiCA via Luxembourg), Public company (SEC filings) |
| Derivatives | Yes |
| Website | www.coinbase.com |
Coinbase is the largest publicly listed crypto exchange and the most regulated option for US users. Fees are higher than offshore rivals, but audited financials and a long security track record make it a common first exchange.
Pros
- Publicly traded with audited financials
- Beginner-friendly app and Coinbase Advanced for lower fees
- Strong regulatory standing in the US
Cons
- Higher fees on the simple interface
- Fewer altcoins than offshore exchanges
- No formal proof-of-reserves (relies on audits)
Securing your Coinbase account
- Use Coinbase Vault for long-term holdings
- Enable security key 2FA
Full walkthrough: exchange account security and the checklist.
Questions
Is Coinbase safe?
Coinbase does not publish formal proof of reserves, maintains Crime insurance on hot wallets; USD balances FDIC pass-through and is licensed or registered in US (state MTLs, NY BitLicense), UK (FCA registered), EU (MiCA via Luxembourg), Public company (SEC filings). Higher fees on the simple interface. Keep only what you actively trade on any exchange.
What are Coinbase fees?
Base spot fees are 0.40% maker and 0.60% taker, lower with volume tiers.
Does Coinbase require KYC?
Yes, identity verification is required before trading or withdrawing.
Where is Coinbase based?
Founded in 2012. Headquarters: United States (remote-first, NASDAQ: COIN).