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Trading App

The image shows the user interface of the mobile trading application, highlighted by its intuitive and easy-to-navigate design.

The main screen presents a clear and concise view of the market, with quick access to a diverse range of assets, including stocks, forex, and indices.

PROS

This platform has been in business for over 20 years, demonstrating its experience and reliability. Users can trust the platform's long-standing presence in the industry.

+20 Years in Business

This platform offers a simple and straightforward registration process, allowing users to quickly create an account and start trading without unnecessary complications.

Simple Registration Process

CONS

This trading platform offers limited trading options, restricting traders' access to a diverse range of financial instruments. With a limited selection of stocks, ETFs, or other assets, traders may have fewer opportunities to diversify their portfolios or capitalize on specific market trends, potentially limiting their potential for profits.

Limited Trading Options

This platform is not regulated by any credible government agency, which means it may not operate in compliance with industry standards and regulations. The lack of regulation poses potential risks and uncertainties for traders, as there are no specific rules and guidelines in place to protect their interests.

Unregulated

This trading platform offers limited customer support, leading to delays in resolving issues or inadequate assistance for traders. With subpar customer support, traders may face challenges in getting timely responses to their inquiries, resolving technical difficulties, or receiving necessary guidance.

Poor Customer Support

PROS & CONS

APPS

COINBASE PRO

Advanced trading platform by Coinbase. Tailored for individual and seasoned traders.

ACCOUNT OPENING

How to Open a Trading Account with Coinbase


Opening a trading account is a process that involves several key steps to ensure both your trading needs and the broker's regulatory requirements are met. Below, we describe the process in detailed steps:


  1. Visit the Broker's Website: Access the official website (found in the index of this review). Look for the option to open a new trading account, which is usually clearly indicated on the main page.

  2. Complete the Registration Form: Provide your personal details, such as name, address, email, and phone number. Depending on the broker's need to know you better as a client, additional information about your trading experience, employment, and financial situation may be requested.
    Identity Verification: Upload documents to verify your identity and residence. This generally includes a photo ID (passport or identification document) and a proof of address (utility bill or bank statement).

  3. Set Up Your Trading Account: Configure aspects of your account, such as currency type, leverage, and, in some cases, trading preferences.

  4. Deposit Funds: Make an initial deposit using one of the payment methods accepted by the broker (We detail the alternatives later).

  5. Access the Trading Platform: Download and install the trading platform. Log in with your account details.
    Practice with a Demo Account (Optional): Practicing trading with virtual funds before risking real money means you won't be surprised when using real money.
    Start Trading: Once your account is set up and funded, you can start trading.



How to Deposit


Once you have decided how much to deposit and which method to use, making the deposit is simple and quick. Just follow these steps:


  1. Log in to your newly created account.

  2. Click on "Deposit Funds".

  3. Enter the amount and select the currency.

  4. Finally, select your chosen deposit method. Don't worry, it's a  secure and private process. Transactions are communicated using Secure Socket Layer (SSL) technology.


Below we show you the available alternatives.

Bank Transfer
Credit Card
Crypto
Wise

Deposit & Withdrawal Methods

Year

2012

HeadQuarters

United States

Service

CRYPTO

Website

BASIC INFO

Coinbase is a cryptocurrency exchange platform allowing users to buy, sell, and invest in a variety of cryptocurrencies. It is known for its ease of use and security.

REGULATION

Unregulated

N/A

ASSETS & SERVICES

Coinbase offers a diverse array of cryptocurrencies and trading pairs through Coinbase Prime and Coinbase Exchange. The platform regularly updates its list of available assets, which includes both established and newly introduced cryptocurrencies.


It's important to note that the availability of these assets may change, with some being added and others possibly being removed from support. For the most current and specific list of available assets and trading pairs on Coinbase, it is recommended to consult directly within the trading platform, as it provides the most accurate information regarding the assets that are tradeable in your specific location.

COINBASE: EVALUATING THE EXCHANGE'S GLOBAL IMPACT

Have you come across this financial app and wonder what it is all about? In this review, we will walk you through the key points to consider when evaluating its features and benefits.

4.12.23

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