Coinbase Exchange stands as a prominent US-based cryptocurrency trading and investment platform, catering to both novice and experienced users. Our platform offers a seamless experience for buying, selling, exchanging, and securely storing cryptocurrencies. We take pride in our user-friendly interface, designed to accommodate basic transactions. In addition, we also provide digital wallet services and even support PayPal withdrawals. For more seasoned traders, Coinbase Pro, our advanced trading platform, offers enhanced trade execution and reduced fees. It’s worth noting that in June 2022, we announced the gradual phasing out of Coinbase Pro. With all users gaining access to the “Advanced Trade” feature within the main app.
Meet the Visionaries Behind Coinbase Exchange
The Exchange was founded in 2012 by two visionary individuals with distinct backgrounds:
- Brian Armstrong, our CEO, is a Rice University graduate with degrees in economics and computer science. He furthered his education with a master’s degree in computer science. Brian’s career journey began as a developer at IBM, followed by a stint as a consultant at Deloitte, and eventually led him to Airbnb, where he served as a software engineer.
- Fred Ehrsam, co-founder of Coinbase Global, pursued his education at Duke University in North Carolina, graduating with a bachelor’s degree in computer science, complemented by a minor in economics. While Fred departed from Coinbase in 2017, he maintains his position on the board of directors. In 2018, he co-founded Paradigm, a cryptocurrency investment firm.
The Genesis of Coinbase Exchange
Coinbase Global, Inc. came into existence in June 2012, with its headquarters nestled in the heart of San Francisco, California, USA.
- Operational Flexibility
While we have garnered the trust of US regulators, it’s important to note that the Exchange operates without a physical head office. Instead, our entire workforce operates remotely, fostering a dynamic and flexible work environment.
- Availability Across the Globe
the Exchange proudly serves customers in over 100 countries. Although certain features limits in specific regions. For a comprehensive list of available countries and features, please visit our official website.
- Supported Cryptocurrencies
Our platform supports over 150 cryptocurrencies. Including popular choices such as BTC, ETH, AVAX, SOL, ADA, USDC, DOGE, MATIC, and USDT.
Understanding Coinbase Exchange Fees
Our fee structure operates on a maker-taker model, where maker fees range from 0.00% to 0.40%, and taker fees vary from 0.05% to 0.60%. The specific fee you encounter depends on your total USD trading volume over the trailing 30 days. Additionally, for trading pairs involving stablecoins, the maker fee is fix at 0.00%. While the taker fee is set at 0.001%.
Fiat Deposit and Withdrawal Fees
For fiat deposits, we offer various options with corresponding fees. ACH deposits are free, Wire deposits are $10 USD, SEPA deposits are €0.15 EUR, and SWIFT deposits are free. Regarding withdrawals, ACH withdrawals are free, Wire withdrawals cost $25 USD, SEPA withdrawals cost €0.15 EUR, and SWIFT withdrawals cost £1 GBP.
Leverage and Margin Trading
In February 2020, Coinbase Pro introduced leverage of up to 3X on USD-quoted books. However, in November 2020, margin trading was temporarily disabled due to changes in the regulatory landscape.
At Coinbase Exchange, we are dedicated to providing a secure, user-friendly, and diverse cryptocurrency trading experience to our global community of users.
