As the digital markets are growing, so is the mode of transactions, plastic money is getting outdated and is getting overshadowed by new digital currencies known as bitcoin. Coinbase is an organization which is based in California and is one of the leading digital wallet and platform where merchants and consumers transact with the latest digital currencies like bitcoin, ethereum, litecoin, and others
The usage of bitcoin has largely increased within a short period, it has gathered a market cap of an astounding $100 billion. The bitcoin is directed by a large network of computers which are run by individuals all over the world. The motto is to create an open fiscal system for the world and to be the most important global brand for helping people convert their digital currencies into and out of their local currencies.
Bitcoin is a cryptocurrency, which is a decentralized digital currency without a central bank or single administrator. This currency could be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Transactions are verified by network nodes through cryptography and are recorded in a public distributed ledger called a blockchain. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when the source code of it was released as open-source software into the digital market.
Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, users could write code that controls money, and build applications that are accessible anywhere in the world. It was started in 2014 by Vitalik Buterin.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin was developed by Charlie Lee in 2011. Since then it has become an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Coinbase believes in the flawless experience of its users and hence it has many services to provide to its users, some of those are listed below:
Account management: The first time investors in cryptocurrency might feel a bit hesitated in carrying it forward, because of the risks associated with it. Coinbase provides the service of managing accounts so that the investors are less vulnerable to losses in their investments
Security: Coinbase has excellent security features to identify and validate its users, the transactions carried through the platform are highly encrypted and there is no risk of data manipulation and leakage. Coinbase also uses 2-Factor authentication, commonly known as two-step verification. It is another security layer over the common username and password. The 2FA codes are associated with a specific device that helps its users to keep their data safe and private
Coinbase also uses Device Verification, a feature that requires all devices and IP addresses to be approved before they could access the account. This process is only needed to be done once for each device or location. Once it is completed, Coinbase would automatically process future login attempts as normal.
Wallet Services: Coinbase provides its users with varying levels of support for different Digital Currencies. Availability for buying, selling, depositing, and withdrawing supported Digital Currencies varies by Digital Currency. Fees and availability also depend upon the country from which the investor is trying to connect, and payment methods also depend upon the same factor.
The Coinbase support number +1 (855) 504-2315 is very essential in any aspect, Coinbase has continuously worked upon to improve its customer support. Currently the customers could connect with Coinbase on various platforms namely.
Coinbase also uses Twitter to provide status updates regarding their upcoming products and services
Phone: Phone agents are available 24/7 to provide assistance to the users who believe that their account has been accessed without their authorization. Phone agents are also available to assist with general inquiries about Coinbase and the Coinbase accounts. Customers could connect with Coinbase customer service via this phone number: +1 (855) 504-2315
The phone agents would be able to help with