458 trading pairs are available with a total trading volume of $ 2,074,822,984.
| Pair | Price | Volume, 24h | Spread | Exchange Share |
|---|---|---|---|---|
 
ETH/USD
|
$ 4,693.94
4,693.94 USD
|
$ 841.8 mln. | 0.0102 % | 40.57 % |
BTC/USD
|
$ 112,324
112,323.99 USD
|
$ 591.7 mln. | 0.01 % | 28.52 % |
SOL/USD
|
$ 203.23
203.23 USD
|
$ 445 mln. | 0.0149 % | 21.45 % |
XRP/USD
|
$ 2.98
2.98 USD
|
$ 211.5 mln. | 0.0167 % | 10.19 % |
PROMPT/USD
|
$ 0.344
0.344 USD
|
$ 87.8 mln. | 0.0145 % | 4.23 % |
The exchange Coinbase Exchange offers 314 cryptocurrencies and 3 fiat currencies.
| Cryptocurrency | Price | Volume, 24h | Market Cap |
|---|---|---|---|
|
ETH
Ethereum
|
$2,166.19
|
$ 951.2 mln. | $ 578.4 bln. |
|
BTC
Bitcoin
|
$13,205.47
|
$ 715.4 mln. | $ 2.2 Tn. |
|
SOL
Solana
|
$203.24
|
$ 472.9 mln. | $ 110.3 bln. |
|
XRP
XRP
|
$2.98
|
$ 217.7 mln. | $ 180.1 bln. |
USDT
Tether
|
$0.102
|
$ 149.5 mln. | $ 167.1 bln. |
Founded in 2012, the Coinbase Exchange exchange is a centralized platform. According to CoinGecko, the exchange has a high (10) trust score. As of August 2025, 314 cryptocurrencies are traded on the exchange, with ETH/USD being the most active trading pair. The highest trading volume in the last 30 days was reached on 13 May, amounting to 234,265 BTC.
Many top 15 cryptocurrency exchanges operating with digital assets are limited to a standard set of tools. The Coinbase exchange, on the other hand, is an example of a project whose team chose to take the path of maximum resistance that cryptocurrencies face in the fiat world. Below, we will discuss the features of the startup, its strategy, goals, and the tools they use to achieve them.
Features of Coinbase
The Coinbase exchange was founded in 2011 by Fred Ehrsam and Brian Armstrong. The project started operating at full capacity a year later. As of early April 2020, Brian Armstrong serves as the CEO of the startup. Before launching Coinbase, he gained extensive programming experience working for companies like IBM, Airbnb, and Deloitte. During the creation of the exchange, his knowledge of economics acquired during university studies also proved useful.
Coinbase shares several parameters with Binance, which also has its own BNB cryptocurrency, a proprietary Trust Wallet, and a strong ecosystem.
The goal behind creating Coinbase was to prove to society that the future lies in digital assets. Brian Armstrong encountered cryptocurrency in 2010. The combination of ideas and experiences borrowed from the developers of the first crypto projects was embodied in Coinbase. Within the company, he promotes the ideas of economic equality. In his opinion, this can only be achieved through cryptocurrencies.
During a presentation of the program for the next ten years, Brian Armstrong presented the formation of economic freedom as a fundamental vector for the development of Coinbase.
During this period, the specialist aims to provide society with conditions for decentralized financial operations through his project. To achieve this, Brian Armstrong proposed the concept of self-responsibility for one’s assets, implying that third parties have no access to the user's funds.
You can follow Coinbase news through the following channels:
The Coinbase platform is designed to operate internationally. To this end, the site has been translated into several foreign languages, including Russian.
However, according to official data, the Coinbase exchange does not support operations with the Russian Federation.
Coinbase has long transcended the definition of "exchange." As of early April 2020, the project represents a full-fledged ecosystem that includes a range of services and tools for interacting with cryptocurrencies.
As the company developed, its specialists decided to create a separate platform for advanced users, which includes professional traders and investors. A PRO version of the trading platform was created for them.
The specialists also developed a range of solutions for businesses. Currently, Coinbase products can be categorized as follows.
Notably, support for DeFi lending has recently been added to the Coinbase wallet.
The goal of USD COIN is to provide Coinbase users with access to make international money transfers for minimal fees in the shortest time possible.
This division strives to provide everyone interested with the opportunity to interact with cryptocurrency.
Interesting! Coinbase PRO previously operated under the name GDAX. The platform was created in 2016. A distinctive feature of the platform is functionality that provides users access to P2P transactions (selling digital assets without intermediaries).
The core of the project is the trading platform. The exchange features strict ranking of access to tools depending on the user's region. The rules also apply to trading pairs. Current information regarding these can be found in the corresponding section of the platform.
Notably, the cryptocurrencies available on the general platform differ from those on the PRO version. As of April 8, 2020, the distribution of trading pairs looks as follows:
All information about current fees and other charges on the platform is presented on a separate page. As of the time of writing this review, the following points can be highlighted:
| Section | Fee Level |
| Spread for buying and selling cryptocurrencies. | Approximately 0.50%. The actual spread level may change due to active price fluctuations in the market. |
| Transaction fees (in addition to the spread). | If the total transaction amount is less than or equal to $10, the fee is $0.99 | €0.99 | £0.99. If the total transaction amount exceeds $10 but is less than or equal to $25, the fee is $1.49| €1.49 | £1.49. If the total transaction amount exceeds $25 but is less than or equal to $50, the fee is $1.99| €1.99 | £1.99. If the total transaction amount exceeds $50 but is less than or equal to $200, the fee is $2.99| €2.99 | £2.99. It is noteworthy that the fee may vary up or down depending on the user's region. |
| Cryptocurrency conversion. | 2% of the transaction volume. |
Additional information about fees, depending on the user's geography, is published in the corresponding section.
Let's compare Coinbase's indicators with other exchanges:
| Date Established | Own Token | Futures | Trading Fees | Deposit and Withdrawal Fees | Russian Language | Number of Incidents | |
| Coinbase | 2012 | USDS | Yes | From $0.99 | No deposit fees, withdrawal - from $0.99 | Yes | 1 confirmed, several unconfirmed |
| Binance | 2017 | BNB | Yes | From 0.1% of the transaction amount | Free deposit, withdrawal varies for each cryptocurrency (including options with 0%) | Yes | 1 confirmed, several unconfirmed |
| Bittrex | 2014 | No | No | 0.25% of the amount | Free deposit. Withdrawal cost is determined for each coin and amount separately. Minimum 0.001 BTC | No | 2 confirmed, several unconfirmed |
| Bitfinex | 2014 | Indirectly - USDT | Yes | From 0% to 0.2% | Fiat deposit - 0.100% of the amount. Withdrawal - 0.1% of the amount | Yes | 1 |
| Bitmex | 2014 | No | Yes | From 0.1% | 0% for deposit and withdrawal | Yes | 1 |
Coinbase focuses on providing traders with access to the most liquid assets. This policy results in ongoing efforts to add new projects to the listing and remove cryptocurrencies that are not in demand.
Another feature of the exchange is strict differentiation of trading pairs depending on the user's region. Before granting access to work with a particular asset, the company's specialists study the legal framework of the specific jurisdiction, comparing it with the characteristics of the cryptocurrency in question. Information about currently available pairs is provided in the corresponding section.
The distribution of crypto-fiat pairs in the USA, UK, and European countries is as follows:
Trading pairs consisting solely of cryptocurrencies are distributed across regions as follows:
The table below provides key information about the current status of Coinbase PRO (according to CoinMarketCap) and the trading pairs of the platform as of April 9, 2020:
| Daily Trading Volume | $267,315,954 |
| Number of Trading Pairs | 58 |
| Trading Pair with Highest Daily Trading Volume | BTC/USD. 24-hour trading volume — $93,037,628 (34.80% of the platform's total trading volume) |
| Ranking in CoinMarketCap's adjusted trading volume | 47 |
The company representatives regularly work on improving competitiveness metrics. An important aspect of this direction is reducing fee levels. In mid-March 2020, Coinbase introduced functionality for batching transactions.
According to Brian Armstrong, this innovation opened up access for platform users to reduce network fees for processing Bitcoin transactions by 50%. Notably, the announcement of batching was presented to the project's crypto community back in 2018.
At the time of writing this review, the project team looks as follows:
| Position and Status | Name | Position and Status | Name |
| Co-founder and CEO of the project | Brian Armstrong | Chief Financial Officer | Alesia Haas |
| President and Chief Operating Officer | Asiff Hirji | Head of Product Security and Platforms | Shamik Islam |
| Head of Engineering and responsible for the development of the Coinbase wallet | Peter Jihoon Kim | Vice President, General Manager of Coinbase's User Department | Dan Romero |
| Senior Software Engineer | Chase Evans | Head of Product Development | Stein Pelle |
An important product that distinguishes Coinbase from many popular digital asset exchanges is its own debit card. The card was issued in collaboration with the international payment system Visa.
With this card, exchange users can pay with cryptocurrency from their account. The account is linked to the card. Users can select the digital asset and other card settings from the mobile application.
According to recent data, the card is available to residents of 29 countries. Russia is not among them, but according to project representatives, the card will soon be available to users worldwide. Nine cryptocurrencies are designated for purchases using the card.
As of early April 2020, an important focus for the Coinbase team is expansion. Gradual growth opens up access to an increasing audience and ultimately boosts their revenue.
In early March 2020, information emerged that Japan's regulatory body — the Japan Virtual Currency Exchange Association (JVCEA) — granted Coinbase second-class member status. This includes companies preparing to apply for permission to provide services within the country.
Obtaining this status has brought Coinbase one step closer to entering one of the largest markets in the crypto industry.
The company is working on expanding all its products. Specifically, at the end of January 2020, it became known that the custodial division of the platform was going international.
The sum of Coinbase's actions allowed its CEO — Brian Armstrong — to rank 1990th in the Forbes top 2000 billionaires list for 2020.
To work with each of the presented products, a personal Coinbase account is required. The button to start registration is located in the upper right corner.
When creating an account, you will need to enter the following information:
The system will also ask you to set a password. After filling in the fields, you will need to agree to the platform's terms and click the "Create Account" button.
The next step is email verification. For this, a letter with a link will be sent to the email address provided during registration. Upon clicking the link, the system will ask you to enter your phone number. This is necessary for two-factor authentication of your account. After entering it, the system will send a code to the specified number — you must enter this code in the field.
After completing these procedures, the user will be redirected to an educational section.
Thus, Coinbase became the first exchange to offer its users free cryptocurrency immediately after registration.
The button for logging into your personal account is located in the upper right corner.
For convenience, a user's Coinbase account can be customized according to their preferences. The personal account consists of three main sections:
If the user does not find an answer to their question, the system provides access to contact specialists in each section.
The platform offers verification. Registered users wishing to obtain expanded functionality can undergo it. To verify your account, the system will request documents confirming your identity.
"Identity verification is necessary to prevent fraud and ensure community safety. The procedure serves as an additional barrier of protection, guaranteeing that no one other than you can link your payment details, including bank accounts or credit/debit cards to your account. We do not accept copies of identification via email for verification."
Project representatives describe KYC procedures.
A passport (including an international one) will suffice for verification on the exchange. The system will also request a selfie.
More detailed information about account verification on Coinbase can be found in the corresponding section.
Funding your wallet is only available to registered users of the platform. The functionality for depositing funds is located in the "Portfolio" section.
After navigating to this section, users are provided with a list of available assets and information about their account status.
To fund the account with a desired cryptocurrency, you need to click on it. Let's take Bitcoin as an example.
Bitcoin
Upon clicking, a field opens with available actions. On the right side is the "Receive" button. Clicking it reveals the wallet address and QR code, which can be scanned instead of copying the address.
The opened field also contains tabs for "Overview" and "Safe." The first allows users to view basic information about the cryptocurrency: current price, trading volume level, etc. The "Safe" section is for users who wish to move their assets for long-term storage.
To work with this functionality, the system will require you to create your own safe. Next, users will need to choose options for managing their account, including how withdrawals will be handled if necessary.
Additionally, the system will ask you to enter another — backup email address.
A drawback of Coinbase compared to competing platforms like Binance is the lack of gateways for quick fiat deposits. To start working on the exchange, you must first purchase cryptocurrency elsewhere and send it to your wallet. Only after these procedures, which may seem complicated for beginners, can users begin trading.
The ability to acquire digital assets through the educational section cannot compensate for this drawback, as there is no access to earning a specific amount of funds in Coinbase Earn.
The functionality for withdrawing cryptocurrencies is also located in the "Portfolio" section. To initiate a transaction, you need to select the asset, go to its page, and click the "Send" button. The system will then prompt you to enter the recipient's wallet address.
Unlike its closest competitor — Binance — there are also no tools for converting digital assets into fiat on the platform.
Throughout its existence, the exchange has faced numerous complaints from users. Most often, these relate to:
As an example, let’s present two notable episodes:
1. In July 2019, amid Bitcoin reaching a local maximum, the exchange went offline. According to a popular trader and analyst in the crypto community, who had previously accurately predicted BTC's correction after reaching its all-time high in December 2017, this incident is not a coincidence. The expert wrote on his microblog that "this happens when an exchange tries to gain an advantage over its users."
Users of the platform pointed out that such incidents occur every time the price of digital assets becomes volatile.
One explanation for such behavior by Coinbase is an attempt by representatives of the platform to profit from inciting panic. The process appears as follows: going offline becomes a trigger prompting many to sell their assets and leave the platform. By anticipating user actions and opening a short position, one could potentially earn a good profit. However, there is no evidence of a conspiracy by Coinbase against traders.
2. In early February 2020, many users discovered limits on transactions that had been implemented without any prior warning.
No comments were made by project representatives.
Other episodes also indicate risks associated with working with Coinbase. Practice shows that project representatives may impose restrictions and change interaction rules without notice.
Notably, in August 2019, user complaints against the exchange and suspicions that Coinbase participates in fraudulent schemes led to a major Spanish bank, Santander, refusing to cooperate with the company.
The Coinbase exchange is one of the most controversial projects. Its advantages include a commitment to developing its own products and expanding their range, effective expansion, and compliance with regulatory requirements.
The drawbacks of the project are the lack of guarantees regarding continuous access to funds and the ability to manage accounts under predetermined conditions.
Despite some shortcomings, the broad toolkit allowing cryptocurrencies to compete with fiat makes Coinbase a promising company.
