{"id":8378,"date":"2022-09-28T07:40:56","date_gmt":"2022-09-28T07:40:56","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=8378"},"modified":"2022-09-28T07:40:56","modified_gmt":"2022-09-28T07:40:56","slug":"coinbase","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/28\/coinbase\/","title":{"rendered":"Coinbase"},"content":{"rendered":"\n<p>Binance and Bitstamp, mentioned above, may take the plaudits for being the most accessible and the oldest, respectively. On the other hand, crypto exchange Coinbase does get a lot of visibility in the news in North America as a NASDAQ-listed company. More recently in the United Kingdom, as it has also been one of the long-time holders of trading licenses with a relationship with regulators that\u2019s as close as it gets for a crypto company.<\/p>\n\n\n\n<p>It is one of the few regulated exchanges with a foothold both in the US and in the UK, and happens to be the only exchange in this list to be a\u00a0Visa principal member. This means that they issue a Visa-branded credit\/debit card directly, unlike many other crypto companies that issue the same via a third party. Principal membership is viewed to be highly exclusive and suggests that Coinbase, as a company, passes rigorous regulatory due diligence.<\/p>\n\n\n\n<p>As for the staking platform itself, it offers just a few more digital currencies than Bitstamp: Ethereum (ETH), Algorand (ALGO), Cosmos (ATOM), Tezos (XTZ), Dai, and USDC. USDC is a stablecoin managed and operated by Circle, the umbrella company that operates Coinbase, so USDC staking at the source could be a good idea. Coinbase also allows you to stake from your own external wallet, should you choose to do so, providing a higher level of security than others (as opposed to giving them direct ownership of your funds).<\/p>\n\n\n\n<p>Coinbase fees are notable for being among the highest in the industry (for buying, exchanging and withdrawal), however, and may put off first-time crypto buyers.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Coinbase staking summary:<\/h4>\n\n\n\n<ul><li>Daily to monthly payouts<\/li><li>2-5%, varying, depending on asset and lock-up period<\/li><li>No lock-up periods<\/li><li>US, UK trading license, tax documents available<\/li><li>Visa principal member<\/li><\/ul>\n\n\n\n<p><strong>Pro:<\/strong>&nbsp;Highly regulated exchange with crypto card.<\/p>\n\n\n\n<p><strong>Con:<\/strong>&nbsp;Costly fees, greater variance in APYs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance and Bitstamp, mentioned above, may take the plaudits for being the most accessible and the oldest, respectively. On the other hand, crypto exchange Coinbase does get a lot of visibility in the news in North America as a NASDAQ-listed company. More recently in the United Kingdom, as it has also been one of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[542],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8378"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=8378"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8378\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=8378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=8378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=8378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}