Coinbase – Buy & sell Bitcoin

Coinbase – Buy & sell Bitcoin Wiki

Written by Coinbase, Inc.


Rated 4.67121 From 870,849 Votes
$ 0.00
  • Last Updated: 2020-12-01
  • New version: 7.45.6
  • File size: 125.28 MB
  • Compatibility: Requires iOS 12.0 or later. and Android 4.4. KitKat or later

Coinbase – Buy & sell Bitcoin


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Coinbase – Buy & sell Bitcoin is an iPhone and Android Finance App, made by Coinbase, Inc.. Today, it has gone through many interations by the developers - Coinbase, Inc., with the latest current version being 7.45.6 which was officially released on 2020-12-01. As a testament to the app's popularity or lack thereof, it has gathered a total of 870,849 Reviews on the Apple App Store alone, with an average user rating of 4.67121 out of a possible 5 stars.

How does it Work?


Coinbase: the simple, safe way to buy, manage and sell your cryptocurrency. We’re the world’s largest cryptocurrency exchange, with over 25 million users across 32 countries worldwide. Coinbase allows you to securely buy, store and sell cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and many more on our easy, user-friendly app and web platform. Here’s a little taste of what our app does: BUY EASILY Own crypto in an instant: Coinbase makes buying bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin and more simple and fast. All it takes is a bank account or debit card. SUPPORTED ASSETS Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic(ETC), Litecoin(LTC), Basic Attention Token (BAT)*, 0x, (ZRX)* and USD Coin (USDC)*. *Available in select territories. SMART TOOLS Brand new to crypto? We’ve got you covered. Stay informed with our updates and features that help you build your knowledge and your portfolio, including automatic buys and price alerts. STAY INFORMED Keep track of your crypto: Our clear, user-friendly dashboard helps you see prices and the value of your assets, any time of day, anywhere you are through our website or mobile app. SAFETY FIRST Over 98% of cryptocurrency is stored securely offline and the rest is protected by industry-leading online security. Your account is also subject to the same scrupulous safety standards, including multi-stage verification and bank-level security. You can even lock the app with a passcode, or remotely disable your phone’s access to the app if it gets lost or stolen. BEGINNER TO EXPERT, WE’RE HERE Whether you’re just starting your crypto journey, or a seasoned expert, you’ll find everything you need to build your crypto portfolio on Coinbase. Take the first step towards blockchain, bitcoin mining, bitcoin games, bitcoin cash games, ethereum games, litecoin games, or bitcoin trading. NEED MORE HELP? Visit help.coinbase.com for information and to contact Coinbase Support.

Top Reviews

  • Just being honest!!!


    By RKEnterprise
    I love everything about Coinbase and what it stands for.. However, you all are making it hard for me.. To compete against Robinhood, Cashapp, Tdameritrade, and soon to be Fidelity; please find a way to get rid of these fees to buy into the market.. Maybe keep the selling or converting fees.. But, we need more people in the market and the fees are not helping.. Please go public soon.. Merge with Square or buy them if possible.. Or, merge with Facebook as that would allow Basebook to be an industry leader in crypto and p2p transfers and transactions... Most important, I currently use yahoo finance to manage and see my average cost and gains or losses for all my different crypto investments.. I would love if Coinbase would incorporate my average cost per coin.. Also, add in my daily and total gains and losses.. I should not have to use a third party site to manage investments that I purchased on your site.. Lastly, please add custom alerts for all of the crypto’s offered on the platform... We only have the ability right now to set custom alerts for three assets and again I have to use a third party site for the others.. I would love for Coinbase to be my source for everything crypto...
  • Beware of Coinbase


    By brandong923
    When I first bought bitcoin through Coinbase it was put on a 12 day hold. The funds cleared from my bank account after 3 days, and I had to wait 9 more days before I could do anything with my currency. I contacted customer service, and the representative said he didn’t know why my funds were on a long hold, but made it out like it was because I had just created my account - a fraud prevention method. So I accepted that, and decided I wanted to buy more crypto today. I went on the support page and read through the guidelines again; it said I was able to transfer or withdraw once the funds had cleared from my account - so 3-5 days, possibly 7-10 if there is a weekend or holiday. Fair enough. So I bought some bitcoin, and now it says it’s on a 12 day hold! So apparently that’s the default on my account every time I want to buy any crypto. What?! No where was I told that my account would have some default holding period, on the website or by customer service. I know that it will again clear from my bank in the next 3-5 days, then I will just have to sit on it for a week or more for no good reason. To top it all off, I’ve been emailing customer service and it’s like I’m not even talking to a human. They just give these generic, scripted responses, whereby they reiterate the same guidelines I previously read, that are obviously false! There are plenty of services out there that are way less of a headache; save yourself time and stress and use a different wallet!
  • Coinbase is a horrible platform with horribly indifferent customer service.


    By Has@@n
    Trying to use coinbase was a nightmare for a week. I downloaded the app, linked my bank account and signed out. Then few minutes later, I tried to log in and kept getting this error, “the operation could not be completed(CBErrors error 0)”. I tried to sign in with my phone browser and it worked. But, with the app I repeatedly got the error. I found a phone number from the support page and realized there was no live agent for customer support. It’s only for account compromise support. I accidentally chose the account compromised option and my account was locked right away. I explained this including the error message issue to support several times through email. They said nothing about the error message but directed me to their support page for account recovery process. I went through verification with my driver’s license including selfie but in vain. My name is written slightly different on my driver’s license than how it’s written on my bank cards. So, it wasn’t accepted. I emailed them again a few times. They simply promised that someone would reach out to me but never did. People’s hard earned money can get trapped and be never recovered in my opinion. It didn’t seem like coinbase really cares. There’s no way coinbase is a safe platform. They also have the worst customer support with zero willingness to fix it.
  • Coinbase is Amazing


    By KishaHeart
    Most of these bad reviewe are pathetic, i have been with coinbase for over a year and thw only issue I wver had was verification. Customer service toon a few days to respond but explained, i can use my prepaid debit card through Metabank but cannot use my Metabank account to withdraw funds. I have been paid, recieved my funds, within the given processing time. Maybethese users did not fully verify theor accounts or maybe they used VPNs and from non-permitted countries, but also the most recent reviewers, beed to understand last week was a holiday week and this week there is new years day so many businesses customer service will not be available and responses are delayed This included coinbase. Also maybe read their FAQs and agreements and see what is not allowed because buying crypto not approved by them, is in a sense, not okay and it even states it in their system. So do not blame them for uour stupity. I would rather use coinbase over Blockchain whuch is way harder to ise, transfer, exchange, and most of the wallets dont work
  • Great App but sub par customer service


    By Thepensivewok
    If I was only rating the app I’d give it a four out of five. Great interface, easy to navigate, clear instructions etc. but I’m having a horrible time trying to get my account unlocked. Here’s the story. I had a notification from my bank that Coinbase just initiated a withdrawal from my account. It was suspicious to me because on that day I didn’t put in any purchases in Coinbase. I sent them an email telling them about this to see if they could give me more clarity about the situation. They emailed me back and locked my account in case it was compromised, which is great. The problem is is that I discovered I made an error thinking that the withdrawal was suspicious. I made a withdraw over the weekend and I didn’t get the notification until the following Tuesday and that’s why I thought it was suspicious. Now I’m waiting in limbo land to get my account unlocked. It’s been over 24 hours which in crypto world is an eternity because of the volatility involved with our investments. I haven’t had any clear communication on when my account will be unlocked and what steps I need to do to make this happen. The only communication I’ve received is that my problem has been passed off to a specialist and they’ll contact me when they have more information.
  • Decent but deceptive


    By Lizo664
    All very fast and professional, right up until you try to cut your losses. Bought bitcoin with the intention of selling it a few days later for a (tiny) profit as more of an experiment than anything. I sent in my license photos, linked my bank account, and got everything verified. Bought a couple hundred in btc. A few days later the price has gone up a few hundred and I try to sell- to find my funds placed on a ‘24 day hold’ to ‘prevent fraud’. What?? If this is common practice, they certainly went out of their way not to mention it, and if it isn’t, I can’t think of any reason why they would have flagged me or my transaction as suspicious. I have now sat and watched the btc price plummet over $1,000 in the past few weeks. By the time I’m able to access my money I will have lost much of it. I understand that btc prices are famously erratic and I accept that I would have lost a little bit, but with every day I lose more and more of MY money which is being held from me. Incredibly disappointed with the lack of clarity in this matter. If it were not for this ridiculous, month-long freeze on my transaction, I would be very happy with this app. The layout is nice and the verification was fast and professional. However, any app that forces me out of MY money without forewarning is NOT a winner in my books.
  • Horrible app


    By Pismo123
    There is absolutely zero customer support with coinbase. I’ve been trying for 2 days to reach an actual human about why my money is being held captive. I made a debit card purchase which is supposed to be instant. And it said there’s a 5 day hold on my funds. So after 2 days of trying to figure out why that is, I finally just gave up and sold the btc expecting to be able to withdraw my remaining cash balance. And I lost $10 in this process, over coinbase fees, and I didn’t even care. I just wanted my money back. But now there is a hold on my cash balance too! And I needed that money yesterday. I can’t afford to wait 5 days. But coinbase doesn’t care in the slightest. Because there is no way to reach anybody for customer support. You can email them, but you will just get a robotic response saying it will take 5-7+ days to fix your issue. So I’m pretty positive that nobody even actually reads the customer support emails. And now my only money is being held captive by this website that won’t even give me the time of day to tell me why. I’m extremely frustrated. This app is the worst btc app I’ve ever used, because this isn’t the first time I’ve had issues like this where “customer support” did absolutely nothing for me. Never coming back to coinbase after they finally stop holding my money captive.
  • Coinbase could be good but...


    By kamikaze0313
    I’ve tried Robinhood, Abra and Coinbase for Crypto buying. Simply put Coinbase has a good set up but they nickel and dime you to death. For example; to deposit money even with bank transfer you are charged a fee of 0.99 for up to $25, $1.49 for up to $50, $1.99 for up to &100 and so on. Robinhood and Abra does not charge you for bank transfers, only card deposits. Coinbase also charges you again to sell your crypto’s at basically the same fees as depositing. Robinhood and Abra do not. Coinbase basically hits your wallet all over when that’s money that could be invest in crypto’s. Now let’s get onto the refer a friend side of it. Coinbase will give you $10 worth of crypto after someone you invite joins and buys $100 worth of crypto. Abra gives you and friend joining each $25 worth of Bitcoin after friend deposits a minimum of $50. Robinhood gives you a free stock each. Overall Abra is by far the best Cryptocurrency app for buying and selling. Robinhood is okay for beginners but you can’t send crypto’s. Robinhood is good for buying and selling like you do stocks, also Robinhood let’s you buy stocks so you can use one app to be in two different markets at once (stocks and crypto’s). What I’m saying is do not waste your time and money on Coinbase. Abra is hands down better with hardly having any fees across the entire board.
  • I lost so much money because of this app


    By davidjpfeiffer
    I downloaded this app to start investing in bitcoin, and I spent a few days setting it up. I even made one test purchase, which was successful, just to make sure I would be ready to buy when the price was low. When that time came, I attempted to buy a much larger amount. I had plenty of funds in my bank account, but every time I attempted to make a purchase the app claimed that there were no funds. I contacted my bank and they said that no one had even attempted any transactions. It was clearly a bug on their end, and when I reported it, they disabled buying on my account completely. I was unable to buy any amount of bitcoin, despite having thousands of dollars ready to transfer from my bank account. I had to sit and watch as the price of bitcoin soared, unable to buy any with the app I had spent several days setting up. As I watched the price soar, the only response I could get from customer service (which is only available via email) was that I “needed to have enough funds in my bank account”. The app has tons of bugs. The fees are high. The customer service is trash. I missed out on a great investment opportunity because of software bugs in this app. Don’t make the same mistake as me, find a different way to invest in bitcoin.
  • Worst platform


    By Alex132alex
    This is the worst platform to trade on. They will charge you fees that you don’t even know about, and they will hold your money without any response to you. Their costumer service does not have a phone line and will respond to your emails or requests in only a few weeks after you submit a case. I have deposited funds and it’s been 3 weeks and I still can’t trade them, nor I can send them or withdraw like their policy says that you funds a re w available immediately or in few days depending on how you make your deposit. I opened a dozen cases and and only response I got it is it’s on hold for security reasons after 2 weeks of submitting my case. Complete scam ladies and gentle man, I suggest you get a paid platform and trade with confidence because here that is not possible. Even their fees are hidden. I bought a BTC partially, actual BTC price was $11,300... but when you already buy it buys it for $11,450 even though the price of BTC didn’t even go near $11,400 that day. I opened 3 cases about a month back and no one responded yet. Guys don’t waste your time and patience. Find a better platform that is paid but you will be taken care off. I will continue to post my reviews on every review page to ensure that more people know what they are dealing with. Don’t let them play you.

External Links

Coinbase, Inc. Official Website

Download for Free on On iTunes
Download for Android

Disclaimers:
This page was last edited on 2020-12-01.
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Coinbase – Buy & sell Bitcoin content and materials are trademarks and copyrights of Coinbase, Inc. or its licensors. All rights reserved.
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