Coinbase an online wallet with advantages
That, what makes it special is a fact, that you can buy or sell bitcoin right in your wallet. Because of this its the most used service for buying and selling bitcoins. They are also protecting our Bitcoins by the Vault function.
– The buying and selling of bitcoins together with the connection of your bank account (Only in USA).
– Instant orders, immediately provided on your Bitcoin wallet.
Coinbase SecurityAs all of the other platforms, Coinbase takes his security seriously and new user needs to get through plenty of verification process. These steps contains your personal info, like bank account info and two factor authentication, which contains your phone number. Coinbase also offer email notifications, which informs you about buy or sell orders on your account.
Coinbase and cryptocurrencies
A lot of peoples wants to trade in other currency then Bitcoin. For this Coinbase use a BTC-e account. If a user wants to withdraw Bitcoins and send them back to the Coinbase, from where he wants to withdraw them to his bank account he needs to know Bitcoin/USD price, because of this Coinbase has his live calculator with the online price.