QUESTION
What is Coinbase?
ANSWER
Coinbase is a prominent digital currency exchange headquartered in San Francisco, California. It operates a platform where users can buy, sell, manage, and store cryptocurrencies such as Bitcoin, Ethereum, and Litecoin with ease and convenience. Founded by Brian Armstrong and Fred Ehrsam in 2012, Coinbase has established itself as one of the most accessible gateways for individuals and businesses looking to participate in the cryptocurrency space. Offering an intuitive user interface alongside various tools for both novice and experienced traders, Coinbase also provides merchant payment processing systems and a wide array of investment options. As a regulated and insured exchange in the United States, it ensures compliance with financial regulations, thereby fostering a secure environment for participants in the crypto ecosystem.
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