Reasons You Should Set Up a Coinbase Account Right Now

Coinbase is one of the largest cryptocurrency trading platforms in the world, and currently is a decentralized currency central. (See what we did there?) Saying it's famous is an understatement; it's the biggest cryptocurrency hub in the world.

Traders who want to get more Bitcoins or invest in ICOs are flocking to it, and for good reason. It's where you need to go if you want to get the scoop on the latest blockchain currencies.

However, you do not need to be a tech wiz in order to enjoy Coinbase. Truth be told, everyone should set up a Coinbase account these days. When you look at all the perks you get from joining Coinbase, it's a great idea regardless of your industry or level of cryptocurrency knowledge.

If you've been looking to invest in cryptocurrency but haven't quite gained the courage to do so, you should set up a Coinbase account right now. Coinbase is known for vetting every cryptocurrency it allows you to store and trade—which in turn, makes it a great learning ground for people who are curious but don't want to risk it all.

So, if you're looking to invest in currencies without worrying too much about risky endeavors, this is the best way to do it. Simply put, you don't make it to Coinbase as a cryptocurrency without being the best of the best. Joining will allow you to learn how to buy your first cyrptocurrency coin with ease of mind.

It's easy to use.

Most Bitcoin and cryptocurrency wallets are pretty difficult to navigate. Coinbase's simple, streamlined design makes it perfect for people who are new to the cryptocurrency trading scene. Everything is laid out in plain English, transferring funds is simple, and figuring out how to set price alerts is a cinch.

If you're looking for an easy-to-use wallet, it's obvious that you should set up a Coinbase account.

Its "Price Alert" feature makes sure you don't miss out on good investments.

The hardest part of investing in anything is monitoring stock prices close enough to pick up on the best opportunities. Coinbase has a "Price Alert" feature that messages you the moment a currency reaches the price you want to buy or sell at.

Coinbase will even run on the background of your phone and message you when something awesome is happening on the market. By doing this, you never miss those golden opportunities and are able to maximize your profit.

Coinbase also can be used as a shopping tool.

One major myth about Coinbase is that it's just a Bitcoin trading platform, when it's got way more to offer than just that. Coinbase is a fully functional cryptocurrency wallet, which means that you can send coins to your friends or use it to shop at merchants that accept Bitcoin.

As time progresses, chances are that companies are going to be increasingly interested in accepting cryptocurrency payments. There's every reason to believe that this payment method will continue to grow.

Receiving Bitcoin has never been easier. You might as well set up a Coinbase account now, if only to get used to it for future purchases.

It's one of the most secure apps of its kind.

Everyone remembers the Mt. Gox hacking scandal that rocked the cryptocurrency world. We've also heard of Bitcoin wallet scams that have taken people for all they had.

One of the reasons you should set up a Coinbase account is that those kinds of breaches don't happen with Coinbase. You don't have to worry about losing your coins because all the deposits to this program are FDIC-insured.

Moreover, they have serious security measures in place—including one measure that allows you to block access to your phone in the event that someone steals your phone.

The customer service is pretty good, too.

If you have problems with most cryptocurrency wallets, you will have a very hard time getting help. Coinbase, on the other hand, has fully staffed help centers where people will work to help you get your account in working order.

Sadly, due to the decentralized nature of cryptocurrencies, most other wallets out there will not have this feature. So, if you prefer a human touch to your tech, you should set up a Coinbase account.

Coinbase has one of the best referral programs out there—and anyone can join in. This slick program allows you to get paid in cryptocurrency (as in, Bitcoin!) as long as you help refer others to them.

Bitcoin isn't cheap, and you can get a slice of that pie if you are active about promoting Coinbase. The only thing is, you need to set up a Coinbase account in order to partake in that offer.

If you're into investing, this is a smart way to buy and sell major currencies without having to deal with tech headaches.

Most investors will tell you that the Bitcoin market of today is tomorrow's Netflix. It's a great investment. However, most people don't have the technical knowledge to invest through more traditional exchanges.

Coinbase has speedy transactions and an easy layout that makes it possible for investors who don't have much knowledge of tech to get in the game. As long as you can navigate a smartphone, you can navigate Coinbase.

You get to buy and sell at your leisure.

Coinbase allows you to load up funds through a credit or debit card—just like you would for almost any other kind of investment. Then, you can store that cash as fiat money or invest it in the digital currency of your choice.

There's no immediate need to convert your cash into crypto if you don't want to. As a result, it's a lot more laid back than other cryptocurrency wallets out there.

Because... why not?

One of the best reasons why you should set up a Coinbase account is because you really don't have anything to lose. It's a great utility to have, and you might learn something. Everything's FDIC-insured, so it's not like you will risk losing it all.

So, really, what do you have to lose?