facebookCoinbase Crypto Exchange Reviews and Comparison - Seedly

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Crypto Exchange/Coinbase Crypto Exchange
Crypto Exchange/Coinbase Crypto Exchange
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Summary

Understanding the risk of Cryptocurrency Platforms in Singapore:

This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. Find out more below in the "More Details" section.

Summary of Coinbase Review 2022

Coinbase is a cryptocurrency exchange that provides users with an extensive range of over 100+ tradable cryptocurrencies making it a one stop shop for traders. Coinbase also features Coinbase Pro which provides users with a more comprehensive trading experience for more advanced traders (it’s intuitive platform can even be used by novice traders) complete with advance charting functions and the ability to execute crypto-to-crypto transactions as well as limit and stop orders.

Crypto Exchange Features and Details

Key Features

  • Large number of supported cryptocurrencies with up to 140+ tradable cryptocurrencies
  • Trusted by US Regulators as a result of going under scrutiny due to its IPO

Account Opening

  • Minimum Age Requirements: 18 Years Old
  • Documents Required: Proof of Identity (Passports not applicable), Proof of Address, Phone Number
  • Account Opening Fees: N/A
  • Funding Options: Credit Cards and Debit Card (if 3D Secure is supported), 
  • Account Minimum: S$0
  • MyInfo Application: Supported

Number of Listed Cryptocurrencies

  • 50+ including BTC, ETH, USD Coin, XRP, Solana

Purchasable with SGD

  • Supported

Number of Fiat Currencies accepted

  • 30+ Fiat Currencies Supported

Trading Fees

  • 0.5%

Deposit Fees

  • 0.5% + 3.99% for Credit Card Purchases or 1.49% for Coinbase wallet or Bank Account Purchases

Withdrawal Fees

  • Free

Account Security

  • Cold Wallet Storage
  • 2FA Authentication
...see more

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TAKER FEES (FIAT)

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WITHDRAWAL FEES (FIAT)

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CREDIT OR DEBIT CARD FEES (FIAT)

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MAS LICENSED OR EXEMPTED

Coinbase Crypto Exchange

50+

CRYPTOCURRENCIES

$0.99 to $2.99

TAKER FEES (FIAT)

Free

WITHDRAWAL FEES (FIAT)

3.99%

CREDIT OR DEBIT CARD FEES (FIAT)

Yes

MAS LICENSED OR EXEMPTED

Reviews (6)

3.0

6 Reviews

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0
      Posted 08 Jun 2022

      Purchased

      Coinbase Crypto Exchange

      I think coinbase very useful in USA. If you need to learn about crypto, you can join us. Library of Trader, formerly known as BestForexStore, was founded in 2015. This is a Group Buying platform that specializes in Trading, Investing, and Cryptocurrency education. We offer unique online courses, free downloading resources, and a wide selection of membership levels. Our mission is to make Library of Trader a reliable and informative community for traders to learn without being spammed or scammed at the most affordable prices. Customers' privacy and intellectual property rights are our top priorities. We guarantee our Group Buying products to be legal and copyright-compliant. By working with well-known authors from around the world, we hope to expand our collection of high-quality online courses for traders like you. But if you're able to afford it, we recommend purchasing the courses from the original sales pages so you can get their direct support.

      0

      What are your thoughts?

      Posted 16 Mar 2022

      Purchased

      Coinbase Crypto Exchange

      CoinBase was the first crypto exchange I used back when I first invested in crypto. [User Interface] The user interface was easy to navigate, especially for beginners, with intuitive and simple tabs. I had a pleasant experience using the app. [Customer Service] It may be hard to get a respond to your ticket quickly as customer service can be slow at times. [Withdrawal Process] Currently, there is no way for Singapore users to withdraw their money, unless you transfer your crypto to another exchange. [Others] They have a 'Learn and Earn' program where you can learn more about how a certain crypto works, and you get rewarded with a small amount of that cryptocurrency.

      1

      What are your thoughts?

      “I had a withdrawal issue with them and couldn’t get my funds when i initiated a withdrawal, They ask me to pay 20% upfront fees, I did all they asked of me. It’s not so good if everyone complains about a particular issues and nothing is been done to correct it, Except we use external recovery companies like FASTFUNDSRECOVERY before withdrawal issues are resolved. It’s fraud to just wake up and decide to block my account for no reason, why? they kept telling me stories about verifying my income, when did you guys become the government? I was finally able to get my funds recovered by the help of FASTFUNDSRECOVERY AT PROTONMAIL COM , You can use them if you in such situation.

      Posted 27 Jan 2022

      Purchased

      Coinbase Crypto Exchange

      [User Interface] The user interface on both Coinbase app and Coinbase Web are both beautiful. The animations are helpful and their Learn & Earn rewards program is fun. I do find that the mobile app crashes pretty often for me on iOS.

      0

      What are your thoughts?

      Posted 16 Dec 2021

      Purchased

      Coinbase Crypto Exchange

      [Hidden Fees] High fees with charges that are highlighted in the transactions. However, as you're only able to use your credit/debit card to top up, do bear in mind that there are hidden fees here that you will have to factor in as well. [Learn and Earn] However, they do have some learn and earn function where you can learn a little about some crypto while earning them as well. Not bad for the time spent

      0

      What are your thoughts?

      Posted 12 Oct 2021

      Purchased

      Coinbase Crypto Exchange

      [Customer Service] Coinbase has been unresponsive on my tickets and just allowed them to close without any replies to me. This happened for two consecutive tickets. Am appalled by the level of responsibility. Where the matter was simple enough - ID verification completed, email sent to me saying there's Learn and Earn lessons, but there's nothing in Learn and Earn.

      0

      What are your thoughts?

      Posted 26 Aug 2021

      Purchased

      Coinbase Crypto Exchange

      Overall the platform is good.. but cannot take out the money … and that is not mentioned clearly anywhere..

      0

      What are your thoughts?

    Discussions (0)

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      Understanding the risk of Cryptocurrency Platforms in Singapore:

      This product does not currently hold the licence to “provide digital payment token services” under the Payment Services Act (PS Act) by MAS. This product was previously granted an exemption since 28 January 2020 and is pending the licence to “provide digital payment token services” from MAS.

      The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any investment product.

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