Why Is Coinbase Bad?
Their downside is that they only allow users to buy cryptocurrencies, but not to sell or deposit. Coinbase recommends wire transfer for large investments. While they process faster than bank accounts (1-3 business days), they are also limited. With wire transfers you can only deposit and withdraw.
Is Coinbase good or bad?
Coinbase is considered one of the top cryptocurrency exchanges in the U.S. The interface for Coinbase basic service is quick and user-friendly, but costs can be difficult to track unless you use the more advanced Coinbase Pro.
Coinbase Review 2021: Pros, Cons and How It Compares
What are the drawbacks of Coinbase?
Fees overview Coinbase has a somewhat complex fee structure, one of the downsides to the platform. The fee structure for buy and sell transactions consists of two parts -- Coinbase's "spread" (a markup of about 0.5% over the quoted exchange price), and a transaction fee.
Coinbase Review: Pros, Cons, and More | The Ascent by ...