Coinbase is a comprehensive cryptocurrency platform that lets you buy, sell and exchange crypto. It also provides a secure storage system and offers an easy way to accept and spend cryptocurrency as payments. Its one-stop shop convenience makes it a popular choice among newcomers to the space. However, its high fees compared to competitors and hiccups when it comes to customer support can turn off some users. Go here https://www.theinvestorscentre.co.uk/reviews/coinbase-review/

To use Coinbase, you’ll need a computer with a supported operating system and an internet connection. After you’ve set up your account, you can link a bank account, credit card or debit card to start buying crypto. Coinbase then stores your digital assets on its servers. When you want to trade, you can transfer your Coinbase holdings to another exchange or withdraw them to your wallet.

Aside from selling and trading cryptocurrencies, Coinbase also allows you to earn rewards. You can earn crypto by staking coins, which essentially means you’re lending them to the blockchain network to protect and process transactions. The crypto you stake earns interest payments over time, like a savings account.

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You can also earn rewards by depositing USDC (Coinbase’s stablecoin) into your Coinbase account. This will give you a 5.1% interest rate on the USDC balance in your account. It can be a useful way to make some extra money while keeping your cryptocurrency safe in case the price of the coin you own decreases. However, some other rewards programs offer more generous interest rates.