Coin Exchange Story — Coinbase

COINMONSTER
4 min readMar 21, 2022

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Hello Everyone :)

Today, I’m going to talk about exchange! Without exchange, there would have been a lot of difficulties in trading coins.

Exchange is important for coin transactions, so please focus!

GIF from Yarn

There are many exchanges in the world now. Among them, the biggest exchange in the U.S. right now is…

The Coinbase Blog
By Coinbase on Medium
Image from Coinbase

Then, shall we officially learn about Coinbase, the largest exchange in the United States?

The foundation of Coinbase

Coinbase was established 10 years ago in San Francisco, USA in 2012.

It is said that it has received a total of $217 million (about 230 billion won) in funding from comprehensive financial service organization USAA, Silicon Valley famous venture capital (VC) company Andreessen Horowitz, Union Square Ventures and others!

Right now, it’s one of the most used and traded exchanges in the world!

More Info

According to recent news, Coinbase said it would not accept Ukraine’s request for a ban on all Russian nationals’ accounts, but declared it would block accounts and transactions from Russian customers subject to international sanctions.

By Kevin Helms on Bitcoin.com

The vision of Coinbase

Coinbase believes it will create a financial system where digital currencies are open.

And, we have a vision that this system will bring more innovation and efficiency, and more equality and opportunity to the world.

By Brian Armstrong on Medium

Coinbase ranking and trading volume

Coinbase is the largest exchange in the United States, so it has a lot of users and a lot of trading volume.

As such, it‘s famous worldwide and it’s a favorite exchange for coin people, so it boasts a high ranking.

This exchange is ranked 2nd in terms of coin market cap!

The transaction volume was 4,087,970,597,393 based on the time I was writing this article.

By Nick Routley on Visual Capitalist

Coinbase subscription method

The Coinbase subscription method is simpler than I thought.

Supplies: Mobile phone, mobile number, ID card, e-mail

Then I’m done getting ready!

Actually, there’s no special registration process.

⬇️I posted screenshots of the procedure below, so please take a look!⬇️

Phew, that looks long but trust me, it’s much more simpler that it looks.

Coinbase Pro

By Oliver Dale on Blockonomi

Coinbase Pro is a professional website provided by Coinbase.

Unlike conventional Coinbase that show prices based on regions, GDAX also offers BTC vs EUR and GBP prices, and can also be traded with ETH and LTC limited BTC!

So today, we learned about Coinbase, the largest exchange in the United States! How was it? I’m going to introduce more exchanges one by one.🙂

Questions and discussions about exchanges, coins and NFT are always welcome!

Have a great day today!

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COINMONSTER
COINMONSTER

Written by COINMONSTER

Hello 👋 We are a new and upcoming economics information blog, Coinmonster. Let’s become a billionare together with crypto!

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