Today, Coinbase serves more than 35 million people in over 100 countries to buy, sell, store, and earn cryptocurrency. For the typical person, Coinbase is the best option to enter the crypto market as it’s the easiest way to convert your fiat to crypto and then move it to a crypt-to-crypto exchange (such as Binance). They’re known for their wallet services and fiat-to-crypto exchange. Let’s start with the basics: what is Coinbase?Ĭoinbase, a San Francisco-based cryptocurrency exchange, came on the scene in 2012 with one simple mission: to empower anyone to be able to easily and securely access Bitcoin. It may sound like Coinbase and Coinbase Pro are similar platforms because of their names, but they are actually very different. But the question still remains: Coinbase or Coinbase Pro? Overview of Coinbase
With all that being said, Coinbase has played as large of a role as anyone in increasing the adoption of cryptocurrency. Investor titans like Paul Tudor Jones, Stanley Drunkenmiller, and JP Morgan vocalized their support of cryptocurrency. Lastly, institutional investors finally jumped on board this year. With the growth of stablecoins, we are simultaneously seeing the growth of using blockchain for B2B payments. Regardless, the increasing rate of adoption is easy to note.Ģ020 is also the year that stablecoins exploded from $5 billion at the beginning of the year to over $20 billion at the time of this writing. Since Bitcoin and cryptocurrency is inherently decentralized, it’s hard to measure these exact numbers. Emerging markets increasingly using cryptocurrency (including Nigeria, who reported that 32% of the population owns crypto).11% of Americans currently hold Bitcoin.100 million bitcoin wallets with value exist.Cryptocurrency Growth for Enterpriseĭuring the past year, we have seen an explosion of fiat-to-crypto conversion. In this post, you will learn the differences between Coinbase and Coinbase Pro and what we recommend as the best use for businesses. We will do our best to answer the question at length. It’s a question we are frequently asked by businesses and accounting firms. Which is best for my business or clients to use: Coinbase or Coinbase Pro? If you’re a business owner or accounting firm, one important question remains. Coinbase Pro (the trading platform for Coinbase), but most of this content only answers the question for individual investors. They have established themselves as the leaders for anyone looking to buy or sell cryptocurrency.Īt this point, there have been dozens of articles and videos that review Coinbase vs. Coinbase is arguably the most well-known and secure crypto exchange for businesses across the globe.
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