Specific features that support new users include price alerts, recurring buy orders for dollar-cost averaging, and a straightforward portfolio tracker. The security framework, which includes two-factor authentication and insurance on digital assets held in its online storage, provides a level of reassurance important for those new to digital assets. However, the convenience and educational focus come with a trade-off. The fee structure can be less competitive than some specialized exchanges, particularly for smaller transactions, and advanced trading features are reserved for the separate Coinbase Advanced Trade platform. Network congestion can also occasionally lead to slower transaction times during peak periods, a common industry issue. Despite these minor imperfections, for an individual looking to take a first, secure step into cryptocurrency with a reputable and full-featured application, Coinbase's Android offering remains a top-tier recommendation.
Key Features
Been a customer for years and watched this app evolve. If you make a list of every other financial app on your phone and what each one does to improve your life, there's your Coinbase app description. It handles everything.
★★★★★Verified User Review