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Steve Miller

Co-Founder at MPower365
Is a CFA® Charterholder and co-founder of MPower365.com. A site devoted to helping people integrate cryptoassets into their investment portfolios. The CFA designation is globally recognized and attests to a charterholder’s success in a rigorous and comprehensive study program in the field of investment management and research analysis.

Visit the site to subscribe to the newsletter and stay up to date on his latest research into cryptoasset investing.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
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Coinbase Snapshot

Audience: Investors looking for an entry point into digital assets

Features

  • Easy sign up process
  • User friendly Interface
  • Online Wallets and Vault (time delayed withdrawals for long positions)
  • 2FA (use it), established company with insurance to protect against hackers
  • Coins on platform have readily available liquidity

Top reason to Use

Easy access to crypto for investors who want to passively invest. Vault offers more security features than a standard online wallet.

Top reason to Pass

Fees, Fees, Fees!

Bottom Line

Coinbase is a gateway into crypto.  Research and learn as you wait for your deposit limit to increase (yes, they gradually increase the amount you are allowed to deposit/purchase).  It is for an investor looking for an accessible onramp to get started with cryptoasset investing as they start the learning process.

As investors continue their education, they will likely choose more secure holding methods, or use Coinbase as one of the many places to store coins to diversify their risk profile.

Starting small with bitcoin investments via Coinbase. While you research security methods, coin fundamentals, and portfolio risk management tools is a well worn and effective way to get started with cryptoasset investing.

Avoid the credit card purchase method (lesson learned the hard way firsthand by the author).

Disclosures

The purpose of this review sheet is not an endorsement of said company or investment advice.  The author is reviewing a company he has used to purchase digital assets.  Always do your own comprehensive research when considering investments and providing personal information to companies via the internet.  

The author has not been paid to endorse Coinbase and has zero affiliation with the company.

 

Follow me

Steve Miller

Co-Founder at MPower365
Is a CFA® Charterholder and co-founder of MPower365.com. A site devoted to helping people integrate cryptoassets into their investment portfolios. The CFA designation is globally recognized and attests to a charterholder’s success in a rigorous and comprehensive study program in the field of investment management and research analysis.

Visit the site to subscribe to the newsletter and stay up to date on his latest research into cryptoasset investing.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Follow me

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