Full Coinbase Exchange Review (4.3 out of 5) A Step-by-Step Evaluation of the Exchange

Coinbase Exchange Review

A recent survey of the Forex industry revealed that exchanges serve a large audience of retail traders with a total number of users of close to 11 million people worldwide. Coinbase Exchange is a exchange platform that offers valuable services to thousands of people from all across the globe. With its lengthy lineup of financial products and robust technology, the exchange manages to continuously attract and retain customers. If you are looking for a reliable exchange, you should take a closer look at this one.

Advantages of Coinbase Exchange

Without an impressive list of advantages, keeping a large enough audience of retail traders is impossible. A good exchange must provide noticeable benefits to its clients. Otherwise, they will look for greener pastures elsewhere. Coinbase Exchange stands out from the crowd of competitors by having unique advantages that allow it to distinguish itself from the rest of the providers:

• Resilient web infrastructure is key to a successful business in this industry. Coinbase Exchange has reliable servers, formidable safety measures, and a sprawling network of mini-services and contractors that together form an excellent platform for investments and trading.
• Versatile financial instruments are neatly packed in a catalog containing hundreds of entries including commodities, currencies, stocks, indices, and cryptocurrencies. Depending on which assets you feel most comfortable trading, you can make an informed choice.
• Low spreads allow traders to avoid additional costs and stay profitable even when using ultra-short time frames and minuscule price movements. At the same time, you will never pay anything for depositing money or withdrawing earnings.

The trading terminal at Coinbase Exchange

This exchange offers its client an opportunity to work with a state-of-the-art terminal that has many features allowing for efficient trading and quick market analysis. You will be able to use an arsenal of technical indicators including:

• RSI or Relative Strength Index. This simple tool will help you identify good moments when a trend is close to a reversal situation.
• Moving averages are great indicators that allow traders to quickly recognize a forming trend and see its strength.
• MACD is a complex indicator based on the idea of controlling multiple moving averages and looking for moments when they are about to converge identifying a potential reversal.

There are many other indicators that you can use in addition to these. Many contemporary strategies involve multiple analytical instruments at once. Adding support and resistance levels as well as Fibonacci lines can be quite effective if you need more food for thought.

Education at Coinbase Exchange

To use these tools efficiently, you need to continuously improve your analytical skills and the ability to make forecasts as well as possible based on the information available to everyone. The smartest and the fastest often take it all.

Even advanced professionals try to stay up to date with the latest developments in technical analysis theory. Use the knowledge base provided by this exchange to learn more about investment tips, money management, economic principles, and technical analysis. You can find a lot of interesting educational materials that will allow you to be more confident!

Customer support at Coinbase Exchange

Any online business must ensure that its clients receive assistance as quickly as possible. The internet spoiled many users and established the idea that a fast support team is a good support team which is partially true. Thankfully, Coinbase Exchange has a team of competent employees who will quickly sort out any issue you may encounter when using this trading platform.

Whether you have an issue with the website or the mobile app, you can quickly ask for assistance in the live chat.

The verdict

Coinbase Exchange is a great choice for veterans and novices who want to venture into the Forex market. The exchange provides a rich catalog of investment options and access to a diverse selection of financial instruments that will be sufficient for any trading style. To top it all off, the company has some of the best trading conditions in the industry.