why do people use coinbase

Coinbase is a platform that allows users to buy and sell cryptocurrency, such as Bitcoin, Ethereum, and others. People use Coinbase for a variety of reasons, including its ease of use and low fees. One of the main benefits of Coinbase is that it makes it easy for people to buy and sell cryptocurrency without having to deal with the complexities of the blockchain technology. One reason people use Coinbase is because it is easy to use. Unlike traditional financial institutions, Coinbase does not require users to have a bank account or other forms of digital money. Instead, users can purchase cryptocurrency using their own credit or debit card, or by using their PayPal or other digital payment methods. Another reason people use Coinbase is because it is low fees. Unlike traditional financial institutions, which often charge fees for transactions, Coinbase does not require users to pay any fees for buying and selling cryptocurrency. This makes it more cost-effective than dealing with traditional financial institutions. Coinbase also offers an array of other features, such as the ability to withdraw cryptocurrency to a physical account or to use it for purchases at thousands of other websites. In conclusion, people use Coinbase for a variety of reasons. It is easy to use, low fees, and offers a range of other features. By using Coinbase, people can buy and sell cryptocurrency without having to deal with the complexities of the blockchain technology.