What Is Coinbase And How Does It Work?

Located in San Francisco, Coinbase is a smarmy crypto centric startup company founded in 2012. The company offers a suite of crypto centric products and services that range from trading equities and cryptocurrencies, to facilitating transactions in these assets via the crypto exchanges of the future.

What Is Coinbase And How Does It Work

The company is currently under investigation by the New York Attorney General’s office for allegedly stumbling on the ills of over $800 million in customer assets in its possession. Coinbase may be a crypto centric company, but it is not the only crypto centric startup in town. It has a number of strategic partners that span a gamut of industries, including the financial, entertainment, and media centric.

The company also boasts a large and active community, a large and active wallet base and a robust mobile app. Lastly, the company does a nice job of educating users on the nuances of crypto centric finance, and the best ways of engaging with its community.

With its large user base, Coinbase provides a multitude of crypto centric products and services, ensuring that the company is always on the cutting edge of technology. Among its offerings are its equidistant stablecoin, USD Coin. Besides displaying the company’s equidistant symbol, USD Coin provides a stable cryptocurrency that can be traded and purchased with the confidence of a high yield.