Coinbase Wallet Intro. (What is It, Why Does It Exist and Pros & Cons)
Coinbase is a bitcoin broker that provided a platform for a trader to buy and sell bitcoin using fiat money. A coinbase wallet is a mechanism that allows you to pay for and receive your bitcoin. The method was founded in 2012.
Coinbase gives you the ability to store the crypto online before you make your way into the brokerage world. This platform functions as both a way to buy and sell crypto while also being a wallet that stores what you acquire.
They are as much a brokerage firm as they are an exchange service. The method is great because you can do trades quickly without involving banks every time you need to set up an exchange. They also provide you with a mobile wallet and a web wallet app that is synced with one another.
