$Millions in Investment. Why Did Investors Choose Coinbase?

[Vince44]

Many big investor like coinbase i think coinbase setup very easy and coinbase security system so good
its main reason.
i am also like coinbase wallet.

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[Kakmakr]

Coinbase was one of the fist exchanges that "legitimized" the trading of bitcoins by introducing strict KYC/AML requirements and this is what some users wanted. I am saying some, because a lot of Bitcoin users did not want a centralized authority like Coinbase to rape people's Bitcoin anonymity.

It is difficult for a law-abiding citizen/business to use services that might get them into trouble. Some people want to operate legitimate businesses and they want to pay their taxes and could care less about financial privacy. <Coinbase was exactly what these people needed and this is why Coinbase became so popular>  

[Jocuserious]

Actually many investors choose coinbase because they could easily set it up and can use. 2FA verification good strong security to use coinbase wallet. When I buy and sell bitcoin in my country people then i used the coinbase because to easily transaction.

[libert19]

It's established, and most likely cryptocurrencies are going to get big in near future, so investors want to be part of it.

[Kakmakr]

Coinbase was introduced at a time when some Bitcoiners wanted a legitimate company with KYC/AML regulations to protect their Bitcoin investment. In the early days, most Bitcoiners was very focussed on anonymity and sticking it to the "Man"... but as time goes by, a lot of new Bitcoiners entered the scene and they wanted to "legitimize" the scene. <They wanted a company with a good reputation and one that would be more secure than the dodgy sites at the time>

Coinbase quickly grew into a huge company and it got a good track record for security. <MtGox and other exchanges that got hacked, was a huge blow for most people who wanted to get into Bitcoin at the time.> 

[shamc]

There are too many scams in crypto. Coinbase is a trusted exchange and easy to use. Passing regulation means they less likely to lose investor funds, same as Gemini.

[JollyGood]

easy to use, one of the biggest, good security (once it blocked me as I failed to provide Google Authenticator 2FA as I lost my phone, they went through the total vitrification again before unlocking my account.) - also, they are the best if you think about an online account for your BTCs.

Cannot be denied they have a great UI but their live customer services is attrociously bad.

They have automated replies and when you cannot find the answer they give an email address but a project the size of Coinbase really should have live chat operators.

[Johnzky]

Coinbase is truly the best exchange we have right now,this praises are the fruits of their hood governance,the team behind the site is very constant in developing and for customers concern,their support is there whenever you need clarification ,no wonder why they are One of the best exchange now,being a coinbase user for more than a year,all i can say is positive and nothing negative(only the high fee is my concern incase they want to lower it lol) 

[Slow death]

There are too many scams in crypto. Coinbase is a trusted exchange and easy to use. Passing regulation means they less likely to lose investor funds, same as Gemini.

the only problem I see in them is that people from my country can not buy or sell on the coinbase

Buy and sell is not yet available in Mz Mozambique. Sign up for updates

they support a very small number of countries:

COINBASE IS AVAILABLE IN 42 COUNTRIES

and it seems that this number is not increasing

[BitHodler]

They have automated replies and when you cannot find the answer they give an email address but a project the size of Coinbase really should have live chat operators.

I don't think this will help much since live chat operators mostly only provide information. They can't look into your account, make changes, etc. There isn't much usefulness to these services if you think about it.

I would even say that people could end up more frustrated with than without live chat operators. I have read enough about how exchanges have blocked people from chat because they didn't follow their 'chat etiquette'.