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Getting Started with Cryptocurrency and Coinbase

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July 21, 2021
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Getting Started with Cryptocurrency and Coinbase
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Are you looking to easily and securely send and receive cryptocurrency? The key in this new and exciting adventure is to find a trusted and easy-to-use platform where you can access the broader crypto economy.

What is cryptocurrency?

Cryptocurrencies are digital assets for the digital age that have taken the world by storm. Currently on everyone’s financial and investment priorities, cryptocurrency is evolving the way we use and think about money and has the potential to become the fastest, cheapest, safest, and most universal way to exchange value the world has ever seen.

Cryptocurrency can more simply be described as digital currency. Online platforms such as Coinbase enable you to buy, sell, earn, trade, and more. Cryptocurrencies operate on open networks rather than being controlled centrally like a bank. There are many benefits to cryptocurrency, as well as multiple ways to use it. For example, you can shop with over 8,000 merchants who accept cryptocurrency, or you can use it for travel, donation, gifts, and to spend in gaming.

Cryptocurrency comes with its fair share of risks, yet every day it is becoming more popular. It can seem complicated and daunting at first, but it can be made easier with the right platform.

There are several things to look out for when finding a platform where you can buy, manage and sell your cryptocurrency, that Coinbase takes pride in offering.

#1 Secure

Being online, you avoid the old-style wallet thefts. However, you could be subject to cyber-attacks, which get more complex by the day. Platforms should have significant security measures to keep your personal and financial information and crypto safe and secure. Coinbase offers two-step verification, SSL encrypted website, AES-256 encrypted wallets, private keys, and a bug bounty program.

#2 Smooth function

Simple and efficient interfaces are key for both novices and well-seasoned crypto enthusiasts alike. Coinbase allows for smooth navigation and makes crypto accessible for millions of users across the globe to buy, sell, trade, and discover cryptos like bitcoin, ethereum, and more.

#3 Reputable

A well-known and trusted platform is key to be able to begin and advance with cryptocurrency. Coinbase is known as the largest US-based cryptocurrency exchange, that offers users in supported regions trading in more than 40+ cryptocurrencies as well as a range of attractive features.

#4 Good business values

Coinbase’s mission is to build the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto.

#5 Innovation and education

Coinbase was started on the basis that anyone, anywhere should have easy and secure access to sending and receiving bitcoin. Coinbase is constantly innovating and adapting to new practices to keep up with the ever-changing and growing industry while educating its users at the same time.

Coinbase’s trusted and simple-to-use platform is an ideal place for people who are new to cryptocurrency to learn about and grow in the market. Coinbase is a global cryptocurrency exchange and  a simple and safe way to buy, sell, earn, trade, and more.

Read more:
Getting Started with Cryptocurrency and Coinbase

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