Coinbase….

(NONE OF WHAT I WRITE IN MY ARTICLES IS TO BE TAKEN AS INVESTMENT ADVICE. I am not an advisor for this nor am I suggesting any financial action on your part. DYOR)

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What is Coinbase?

Coinbase is a centralized Crypto exchange.

This means that you can buy, sell, or trade crypto currency on their website, using their platform. They will hold your cypto for you on their website.

The transaction fees on Coinbase are usually low. The transactions are usually very fast.

They even have an area which can pay you to learn about different coins. Usually, you may get paid a few bucks worth for learning but it’ll add up eventually.

They also have several coins that will pay you interest just for holding them.

A lot of the coins that are traded on Coinbase are ETH20 coins, meaning that they are on the Ethereum blockchain.

Also, you can set up alerts for crypto that’s on your watch list. That way you will get notified if that crypto goes up or down in price.

They also have reoccurring buys. That way you can automatically buy certain crypto & don’t have to manually do it on the site. This is good for dollar cost averaging. Whether the price goes up or down, you’ll be owning more & more crypto.

Why do I use Coinbase?

In the beginning I used Coinbase for a trading platform & to earn interest. I also bought several coins that earned interest & kept them for a while. Plus, I enjoyed getting the free crypto from the learning activities.

I usually lost money when trying to day trade. So I stopped doing that. I was earning some interest, then they went & changed the amount of interest & how often it paid out on several of my coins. So I stopped holding some of the coins that earned less interest.

Now, I just keep a small balance there, to help keep my account active.

I still check it from time to time to see if there is a new learning activity.

Free crypto = Free crypto!

(As a matter of fact, I earned $4 in GAL coins on Coinbase while writing this article. Pretty cool!)

IT’s a very good place for beginners to start in the crypto world.

Click below if you would like to join Coinbase.

https://coinbase.com/join/crocke_1j

We’ll both get $10 in Bitcoin once you join & trade $100 on their site.

The easiest way to do this is to just buy $100 in Bitcoin.

Till next time…