Coinbase review: Straightforward platform for cryptocurrency beginners

Coinbase is a cryptocurrency exchange that’s built for beginners. With its easy-to-use interface, large selection of digital assets and low minimum purchase amount, it’s no wonder Coinbase is the tenth largest exchange in the world by trading volume.

Looking beyond ease of use, investors may find some drawbacks. In its 2022 Q1 earnings report, Coinbase said that users could lose all of their cryptocurrency if the company goes bankrupt. Then, Coinbase lost more than half its value in the first half of 2022 and laid off 18% of its workforce.

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