$Millions in Investment. Why Did Investors Choose Coinbase?

[JollyGood]

There are so many Bitcoin address, wallet and merchant providers out there so how did Coinbase manage to get hundred of millions of dollars in funding?

Even as recent as August 2017 Coinbase raised another $100 million in investor funding: https://blog.coinbase.com/coinbase-raises-100m-series-d-led-by-ivp-f5f25cb51019

So why is Coinbase considered such a viable investment for investors rather than other similar products?

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[Ryshelrayne]

Investors use coinbase because its easy to set up, easy to use, popular and for a newbie there is really no competition on where to start buying bitcoin.

[mk4]

It's probably because Coinbase has proven to us that they're one of the best places(if not the best) to buy and sell bitcoin and some other cryptocurrencies, so far at least; and that's probably and most likely the cause why Coinbase attracted a lot of investors. I think they're doing a damn great job if you ask me. Though I'm not 100% sure as Coinbase currently doesn't support the country I'm in, unfortunately.  ¯\_(ツ)_/¯

[zombieservers]

Investors choose coinbase because this the reliable and best app also coinbase did contract with many merchants, for newbie investors who wanna buy bitcoin than coinbase give them facility to by from their credit or debit card as like they shop from E commerce sites but this facility is not available for all countries also coinbase offer referral system so people will be attract they can make money.

[DefDope66]

Investors use coinbase because its easy to set up, easy to use, popular and for a newbie there is really no competition on where to start buying bitcoin.

Ditto. This is why I use Coinbase.

[chennappa121]

First thing the coinbade have good security system and safety activities, secure wallets and giving good customer support with more than 20 currency's acceptable for deposit and withdrawals with quick.

[JollyGood]

Investors use coinbase because its easy to set up, easy to use, popular and for a newbie there is really no competition on where to start buying bitcoin.

What about exchanges? Plenty of people buy from exchanges so what was it drawing people towards Coinbase?

[Dukjila]

I hope that investments will help Coinbase expand the list of countries where Bitcoin can be purchased and thereby promote the spread of BTC. 

[googs84]

In my coinbase was popular in initial days for its free transfers. Coinbase literally used to give us transaction free of cost and thus no miner fees and exchanges fees at all. For this reason lot of people started using it and thus its data base already grew huge in number. Later on they launched their referral program where people can get upto $100 for every people who joins the coinable under your link and thus made it great deal for everyone. This way people tried to bring lot of users and user base risen even more than that.

[JollyGood]

Even in August 2017 Coinbase got $100 million in investment from bluechip companies. Why is Coinbase attracting so many big companies to investment?

[chaoscoinz]

There are so many Bitcoin address, wallet and merchant providers out there so how did Coinbase manage to get hundred of millions of dollars in funding?

Even as recent as August 2017 Coinbase raised another $100 million in investor funding: https://blog.coinbase.com/coinbase-raises-100m-series-d-led-by-ivp-f5f25cb51019

So why is Coinbase considered such a viable investment for investors rather than other similar products?

Because Coinbase single handedly provided a solution to the money transmission issue that at the time was plaguing "LocalBitcoins" users, simply by the taking the proper legal procedures and carefully following the regulations at the time.
    They created a legally compliant Bitcoin exchange that brought the availability of Bitcoin to the common public. The average Joe (with a little know-how) could easily create a Coinbase account and purchase Bitcoin, giving him access to the other coins within the market. Any open minded venture capitalist would have jumped at the chance to be apart of history, had they understood what opening Coinbase would mean!

[JollyGood]

Because Coinbase single handedly provided a solution to the money transmission issue that at the time was plaguing "LocalBitcoins" users, simply by the taking the proper legal procedures and carefully following the regulations at the time.
    They created a legally compliant Bitcoin exchange that brought the availability of Bitcoin to the common public. The average Joe (with a little know-how) could easily create a Coinbase account and purchase Bitcoin, giving him access to the other coins within the market. Any open minded venture capitalist would have jumped at the chance to be apart of history, had they understood what opening Coinbase would mean!

Wonderful explanation thank you. I understand what you mean and agree with your views.

[CryptoKush]

Coinbase has a high level of trust and popularity in the United States. Also it seems to me that investors consider Coinbase to be a more legal place for trading than Binance.

[pooya87]

~ $100 million ~
So why is Coinbase considered such a viable investment for investors rather than other similar products?

it is true that Coinbase is good and proven to be a legit place and all that others said already but in case you haven't noticed shitty ICOs that don't even have a business or a company are raising millions of dollars out of thin air. there are literary kids sitting at home and calling their room a "company" and raising millions and they have no product or service. in comparison Coinbase is a legit real business/company which is actually doing something real and useful. raising $100 mil is nothing.

[Kokondao]

it is true that coinbase is the goal of many investors, and that is because coinbase has the advantage in security to save the funds they invest.

[JollyGood]

~ $100 million ~
So why is Coinbase considered such a viable investment for investors rather than other similar products?

it is true that Coinbase is good and proven to be a legit place and all that others said already but in case you haven't noticed shitty ICOs that don't even have a business or a company are raising millions of dollars out of thin air. there are literary kids sitting at home and calling their room a "company" and raising millions and they have no product or service. in comparison Coinbase is a legit real business/company which is actually doing something real and useful. raising $100 mil is nothing.

I agree but they raised it through private equity firms and not ICO

[bungutko]

~ $100 million ~
So why is Coinbase considered such a viable investment for investors rather than other similar products?

it is true that Coinbase is good and proven to be a legit place and all that others said already but in case you haven't noticed shitty ICOs that don't even have a business or a company are raising millions of dollars out of thin air. there are literary kids sitting at home and calling their room a "company" and raising millions and they have no product or service. in comparison Coinbase is a legit real business/company which is actually doing something real and useful. raising $100 mil is nothing.

I agree but they raised it through private equity firms and not ICO

I believe that Coinbase is the most popular a d the most recommended  exchange in buying btc and altcoins.
Another of consideration as to why they had preferred to patronize Coinbase because  it is a legitimate exchange site worldwide.

[2fresh]

Now let's all repeat each other and let the hundreds of reworded posts roll in about investors choosing coinbase because they are so good.

[xanaxxx]

There are so many Bitcoin address, wallet and merchant providers out there so how did Coinbase manage to get hundred of millions of dollars in funding?

Even as recent as August 2017 Coinbase raised another $100 million in investor funding: https://blog.coinbase.com/coinbase-raises-100m-series-d-led-by-ivp-f5f25cb51019

So why is Coinbase considered such a viable investment for investors rather than other similar products?

that's pretty clear, they're well established exchange, probably most recognized bitcoin company from all. why would you invest in other exchanges if coinbase has largest user base?

[JollyGood]

that's pretty clear, they're well established exchange, probably most recognized bitcoin company from all. why would you invest in other exchanges if coinbase has largest user base?

True they are established and have a great reputation