# What is Coinbase used for?

What is Coinbase used for?

##### Post Metadata
- Posted at: over 3 years ago
- Author title: Pinned by G2 as a common question



## Comments
### Comment 1

Coinbase is a cryptocurrency exchange allowing buying, selling, transferring, and storing cryptocurrency. However storing crypto in an exchange for the long period is not advisable, use a hardware wallet for that. 

##### Comment Metadata
- Posted at: over 3 years ago
- Author title: g2



### Comment 2

It’s unfortunate how these scammers even try to sleep at night knowing they stole someone hard earned money. I lost $79,000 in USDT due to the guy I met on Telegram group. He claimed to be a broker and has been trading for some time now. He convinced me to invest hoping I will get 35% of my investment in 7days time but I was asked to pay money to be able to withdraw my capital. Even after I paid I wasn’t able to. A friend of mine recommended BESTCRYPTOHACKER at Gmail Com who not only recovered my USDT but also reviewed all their info that assisted the Interpol to get them arrested. 
All thanks to Alex Wood and his team. Here is his Whatsapp info: +1 (352) 870-0844

Real deal 

##### Comment Metadata
- Posted at: over 3 years ago
- Author title: --



### Comment 3


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##### Comment Metadata
- Posted at: over 3 years ago
- Author title: Marketing Consultant




## Related Product
[Coinbase Exchange](https://www.g2.com/products/coinbase-exchange/reviews)

## Related Category
[Cryptocurrency Exchanges](https://www.g2.com/categories/cryptocurrency-exchanges)

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