What is Coinbase

how does cryptocurrency work

People have been hearing about bitcoin and other forms of crypto for well over a decade now, but it was only recently that they started to find easily accessible platforms that allowed them to invest in these assets. Buying crypto has become tremendously simple at this current point in time, and that is all thanks to the numerous exchanges that have been set up all of which use complex processes to safeguard the valuable assets that people have stored in their digital vaults without a shadow of a doubt.

As a result of the fact that this is the case, if you want to start entering the crypto space and enjoying the ridiculous capital gains that it can send in your general direction, suffice it to say that Coinbase can be a great resource to work with. Reading a Yieldnodes review will show you that Coinbase is one of the few crypto exchanges that also list themselves on the stock market, and any publicly traded company will give you way more security than one that is operating from within the shadows.

Another thing that makes Coinbase so amazing is that it lets you buy crypto by making direct bank transfers. It can be really frustrating to have to open an account, deposit money into said account and then find out that it will be a few days before you can start trading. Being able to directly by crypto without having to jump through any hoops is so valuable that it makes Coinbase superior to all of its competitors bar none. You would also love the simple user interface that this platform has to offer which can make trading as intuitive as can be.