Overview

11/01/19 07:21 UTC-4

Coinbase Cryptobusiness Exchange: an overview of the exchange platform

Overview of the American Coinbase stock-exchange
Overview of the American Coinbase stock-exchange

The American Coinbase cryptocurrency exchange was established in 2012. At the time of the beginning of 2019, the crypto-exchanger is included in the 50 largest online exchangers. According to the Bitgid news agency, the platform currently serves more than 10 million customers in 32 countries.

Official website of the exchange: www.coinbase.com

 

Work principles

The official office of the cryptocurrency exchange is in San Francisco, starting in 2012. A distinctive feature of the exchange: it accepts not only cryptocurrency and fiat money, but also customer credit cards. Coinbase also provides a leverage service. That is, the exchange itself can offer a credit limit.

Interesting in the section: Hitbtc – cryptocurrency platform for traders

The interface of the platform is offered in the English format. Although on the language panel, users can also meet: Spanish, French, Dutch, Portuguese, German and Indonesian.

To work effectively on the exchange, users are offered a very wide range of financial instruments. Among the most popular are: volatility charts (from one day to a month) in the form of a "candle", price indicators and information on closing recent deals. The toolkit was added to the platform only in early 2015. Up to this point, Coinbase offered services in a conventional order system, without an analytical factor.

After registering on the platform, the following trading options are available: as an institutional investor or merchant services connection (that is, additional legal services of a third party).

The exchange has its own wallet. Coinbase Payments received a license from the FCA British financial regulator. Also, the wallet can perform operations with E-money License in the countries of the European Union. There is also an exchange application that is supported by Android and iOS operating systems.

 

Trading volumes

Coinbase's cryptocurrency platform allows its customers to easily enter and withdraw fiat money from a debit card, credit card and several online wallets (including the platform’s native wallet).

Interesting in the section: Coinbase Cryptobusiness Exchange: an overview of the exchange platform

Now, more than 4,800,000 active users are registered in the exchanger. This includes about 45,000 "large" traders and 9000 applications to facilitate the work (bots, services of third parties). The target audience of the platform is European, American and Canadian customers.

The daily trading volume at Coinbase at the time of January 4, 2019 (according to coinmarketcap.com analytics) was 25,252 BTC.

As you know, in the third quarter of 2018, the total trading volumes on the stock-exchange fell to the lowest levels in the last year. The largest decline in trading activity is observed in the ETH-USD and LTC-USD pairs.

Editor: Alyona Nabok

#Coinbase #USA #exchange #cryptocurrency #BTC #CoinbasePayments

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