Founded in 2012 and headquartered in San Francisco, Coinbase is one of the dominant crypto companies in the West. An exchange, wallet and lending platform, Coinbase also co-created its own stablecoin, USD Coin, alongside P2P payment firm Circle.
USDC is now a top 20 cryptocurrency by market cap. The Coinbase platform boasts over 30 million users and has facilitated over $150 billion worth of transactions, with institutional business reportedly accounting for 60% of trading volume.
However, Coinbase’s willingness to work closely with law enforcement and regulators, and its development of chain analysis software which it has sold to the DEA and IRS, means the exchange should be avoided by bitcoiners who value their privacy.
Learn more about Coinbase
- Biggest crypto exchange in the US
- Available in over 100 countries
- Banked by J.P. Morgan