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Coinbase is an American bitcoin exchange and hosted wallet service that allows people with a US bank account to send, receive and store bitcoin.
SpecsUpdate
Pros
Know any positive aspects of this option?
Cons
Con Limited coverage
The only non-US and non-EU countries it provides services to is AU and SG.
Con Device disconnection happens all the time if you use several devices
It also seems that geolocation and Coinbase do not get along too well from a user perspective, with the same type of device disconnection occurring constantly if you move between a lot of devices, which some of us do, and some of us have to do by virtue of the way we work and live and move through the world.
Con Shuts down and freezes transactions during heavy request for fiats and during bubble burst
Know any negative aspects of this option?
Recommendations
Coinbase
Recommended 6 years ago
Pro
Very easy to set up and usePro
Reasonable transfer feesPro
Acts as a hosted walletPro
SecurePro
You can instantly buy BitcoinPro
TrustworthyPro
Great mobile appsCon
Terrible customer supportCon
Can be slow to receive bitcoinsCon
Shuts down and freezes transactions during heavy request for fiats and during bubble burstCon
Device disconnection happens all the time if you use several devices