What is Coinbase used for?

Coinbase is a cryptocurrency exchange and wallet platform for buying, selling, storing and transferring digital assets. It is a good fit for buying cryptocurrency with a bank account and storing digital assets in a hosted wallet.

Is Coinbase open source?

No. Coinbase is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Bitcoin Core, Portfolio Performance and Rotki.

What are some alternatives to Coinbase?

Coinbase competes with Robinhood, Cash App and MetaMask.

Coinbase: features, pricing and alternatives

About Coinbase

Coinbase is a cryptocurrency platform that combines an exchange with wallet services. People use it to buy, sell and hold digital assets such as bitcoin and ether, and to move them to and from other wallets. It is one of the better-known consumer crypto services and is operated as a hosted commercial product.

The vendor's website blocked automated access when this entry was prepared, so details on supported assets, fees and features are not summarized here. Check the official site for current offerings, fees and regional availability. Coinbase is proprietary software and not an open-source project, and this entry is informational rather than financial advice.

Key features

Buy and sell cryptocurrency
Crypto wallet for storing assets
Transfers of digital assets
Exchange platform

Good fit for

→Buying cryptocurrency with a bank account
→Storing digital assets in a hosted wallet

Tags: cryptocurrency; crypto-exchange; crypto-wallet; bitcoin; fintech; trading

Coinbase: questions and answers

What is Coinbase used for?: Coinbase is a cryptocurrency exchange and wallet platform for buying, selling, storing and transferring digital assets. It is a good fit for buying cryptocurrency with a bank account and storing digital assets in a hosted wallet.
Is Coinbase free?: Yes. Coinbase has a free plan.
Is Coinbase open source?: No. Coinbase is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Bitcoin Core, Portfolio Performance and Rotki.
What are some alternatives to Coinbase?: Coinbase competes with Robinhood, Cash App and MetaMask.