Frequently Asked Questions About Coinbase
Frequently Asked Questions
Coinbase supports over 250 cryptocurrencies for trading, including Bitcoin,
Ethereum, Solana, Cardano, and many others. The platform regularly adds new assets
after they pass a comprehensive evaluation process. Availability varies by region
due to different regulatory requirements.
Coinbase generates revenue primarily through transaction fees when users buy, sell,
or convert cryptocurrencies. Additional revenue streams include staking rewards,
Coinbase Card usage fees, institutional services, custody solutions, and interest on
USD balances held on the platform.
Coinbase is considered one of the most secure cryptocurrency platforms, holding
approximately 98% of customer assets in offline cold storage, implementing strict
security protocols, maintaining regulatory compliance across jurisdictions, and
carrying crime insurance against specific types of losses. The platform has never
experienced a significant security breach of its core infrastructure.
Coinbase exchange is a custodial platform where the company manages the private keys
to your cryptocurrency. Coinbase Wallet is a separate self-custody application where
you control your private keys and have direct access to decentralized applications.
The exchange is primarily for buying, selling, and trading, while the wallet focuses
on secure storage and DeFi interaction.
You can reach Coinbase customer service through their Help Center, by submitting a
support ticket, or by phone for account compromise issues. Response times vary based
on the nature of your inquiry and current support volume. Always ensure you're
contacting Coinbase through official channels to avoid potential scams.
Coinbase stock price is influenced by cryptocurrency market conditions, trading
volume on the platform, quarterly earnings reports, regulatory developments,
competitive positioning among exchanges, and broader market sentiment toward
technology and financial stocks.
Yes, Coinbase offers several ways to earn passive income, including staking rewards
for proof-of-stake cryptocurrencies, learning rewards through Coinbase Learn, and
interest on specific asset holdings. Available options vary by location due to
regulatory considerations.
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