$Millions in Investment. Why Did Investors Choose Coinbase?

BitHodler

legendary

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Quote from: JollyGood on March 20, 2019, 06:16:05 AM

They have automated replies and when you cannot find the answer they give an email address but a project the size of Coinbase really should have live chat operators.

I don't think this will help much since live chat operators mostly only provide information. They can't look into your account, make changes, etc. There isn't much usefulness to these services if you think about it.

I would even say that people could end up more frustrated with than without live chat operators. I have read enough about how exchanges have blocked people from chat because they didn't follow their 'chat etiquette'.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: shamc on March 20, 2019, 03:43:11 AM

There are too many scams in crypto. Coinbase is a trusted exchange and easy to use. Passing regulation means they less likely to lose investor funds, same as Gemini.

the only problem I see in them is that people from my country can not buy or sell on the coinbase

Quote from: https://www.coinbase.com/global

Buy and sell is not yet available in Mz Mozambique. Sign up for updates

they support a very small number of countries:

Quote from: https://www.coinbase.com/global

COINBASE IS AVAILABLE IN 42 COUNTRIES

and it seems that this number is not increasing

Johnzky

member

Activity: 616

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Coinbase is truly the best exchange we have right now,this praises are the fruits of their hood governance,the team behind the site is very constant in developing and for customers concern,their support is there whenever you need clarification ,no wonder why they are One of the best exchange now,being a coinbase user for more than a year,all i can say is positive and nothing negative(only the high fee is my concern incase they want to lower it lol) Grin

JollyGood

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Quote from: bitfocus on December 20, 2018, 02:38:53 AM

easy to use, one of the biggest, good security (once it blocked me as I failed to provide Google Authenticator 2FA as I lost my phone, they went through the total vitrification again before unlocking my account.) - also, they are the best if you think about an online account for your BTCs.

Cannot be denied they have a great UI but their live customer services is attrociously bad.

They have automated replies and when you cannot find the answer they give an email address but a project the size of Coinbase really should have live chat operators.

shamc

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There are too many scams in crypto. Coinbase is a trusted exchange and easy to use. Passing regulation means they less likely to lose investor funds, same as Gemini.

Kakmakr

legendary

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Coinbase was introduced at a time when some Bitcoiners wanted a legitimate company with KYC/AML regulations to protect their Bitcoin investment. In the early days, most Bitcoiners was very focussed on anonymity and sticking it to the "Man"... but as time goes by, a lot of new Bitcoiners entered the scene and they wanted to "legitimize" the scene.

Coinbase quickly grew into a huge company and it got a good track record for security. Angry

libert19

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It's established, and most likely cryptocurrencies are going to get big in near future, so investors want to be part of it.

Jocuserious

sr. member

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Actually many investors choose coinbase because they could easily set it up and can use. 2FA verification good strong security to use coinbase wallet. When I buy and sell bitcoin in my country people then i used the coinbase because to easily transaction.

Kakmakr

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Coinbase was one of the fist exchanges that "legitimized" the trading of bitcoins by introducing strict KYC/AML requirements and this is what some users wanted. I am saying some, because a lot of Bitcoin users did not want a centralized authority like Coinbase to rape people's Bitcoin anonymity.

It is difficult for a law-abiding citizen/business to use services that might get them into trouble. Some people want to operate legitimate businesses and they want to pay their taxes and could care less about financial privacy. Tongue

Vince44

jr. member

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Many big investor like coinbase i think coinbase setup very easy and coinbase security system so good
its main reason.
i am also like coinbase wallet.

bitfocus

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easy to use, one of the biggest, good security (once it blocked me as I failed to provide Google Authenticator 2FA as I lost my phone, they went through the total vitrification again before unlocking my account.) - also, they are the best if you think about an online account for your BTCs.

JollyGood

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Quote from: benalexis12 on October 31, 2018, 07:47:46 PM

Just like anoy other merchants buying and selling bitcoin in an centralized market is easy and API is more easier way to sell but KYc should be the priority of this exchange. Coinvase right now has almost reach a billion market of its users and probably in the next few years more coins will be added so in the U.S they are more paying attention on this one.

Their ease of use for merchants is a plus but that cannot be a major selling point for attracting investor funds. They have their FIAT set up with banking in the UK as well as US. They are expanding but I see Binance (non-FIAT) and so many other exchanges that have potential. I cannot understand how and why Coinbase holds that much potential and value in eyes of investors.

xtrump101

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$onion

because coinbase is hghly regulated by the US government in compliance with AML/KYC, and thats what people want to invest because of security that thier money is insured in case of lose,

MarkClark

newbie

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Coinbase service is free, you can create wallet, exchange, transaction, buy BTC no loss at all. Coinbase is widely used and trusted by bitcoin users.

gesdan

full member

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Coinbase is the big company in bitcoin, they handle million of wallet and account, so it is very good when the investor trust Coinbase to investing on coinbase right? have the big company and trustful.

dablatair

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Hello,

Coinbase is one of the most known website to buy and sell Btc, they have clear interface, very good security, fiat acceptance, easy to use interface so it is obvious that they could catch lots of investments ! They have the trust of people which is mandatory.

benalexis12

full member

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Just like anoy other merchants buying and selling bitcoin in an centralized market is easy and API is more easier way to sell but KYc should be the priority of this exchange. Coinvase right now has almost reach a billion market of its users and probably in the next few years more coins will be added so in the U.S they are more paying attention on this one.

JollyGood

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Quote from: kissme09 on October 31, 2018, 03:38:02 PM

You can see coinbase as a wallet provider for certain Altcoins. But they are also one of the providers of Bitcoin buying and selling services through FIAT. They are also involved in big projects, so it's like a big investor.

I fail to see why that would be a specific reason for investors lining up to invest in Coinbase. There must be something else to it.

CryptoGosu

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I think that many people have a lot of trust in Coinbase and therefore they use it. I think they are trying to cooperate with regulators and therefore I think that everything will be fine with them.

CryptoGuro1

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“The Protocol for the Audience Economy”

Coinbase has a huge market share of people due to its fiat gateways and ease of access. Most investors cant be bothered with other exchanges.

Topic: $Millions in Investment. Why Did Investors Choose Coinbase? (Read 609 times)