Get $10 worth of free bitcoin, ether, or litecoins on coinbase

Coinbase is offering $10 worth of free BTC, Ether, or Litecoin when signing up using this coinbase referral code link:

**Are you just starting out and want to learn more about investing in cryptocurrency? Check out my blog post: A framework for investing in bitcoin

What is Coinbase?

Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. They aim to to create an open financial system for the world and be the leading global brand for helping people convert digital currency into and out of their local currency.

Why choose Coinbase?

  • They make buying and selling digital currency easy.
  • Sending or receiving digital currency between online wallets, friends, or merchants on Coinbase is free
  • They handle security and backups so you don’t have to worry.
  • They are a “one stop shop” – They offer a wallet, an exchange, and merchant tools within one simple interface.
  • Coinbase is a platform on which many applications are being built using their API.

Just getting into BTC, bitcoin, litecoin, ether, or any other crypto currency?

Choosing a website to use to purchase crypto currency is daunting. There are exchanges, wallets, conversion sites, and more. What isnt something you want to worry about is where to start when starting up on your crypto currency adventure. Coinbase is actually a great starting point by making things easy, secure, and straightforward. You dont need to know a lot of the technology involved, but and it gets you going quickly. Coinbase automatically creates a wallet for you and allows you to purchase the three main currencies out there.

The number one reason to use coinbase? Its insured.

Digital Currency

All digital currency that Coinbase holds online is fully insured. This means that if Coinbase were to suffer a breach of its online storage, the insurance policy would pay out to cover any customer funds lost as a result.

The insurance policy covers any losses resulting from a breach of Coinbase’s physical security, cyber security, or by employee theft. The policy is provided by a syndicate of insurers through Lloyd’s of London.

Coinbase holds less than 2% of customer funds online. The rest is held in offline storage.

This insurance policy does not cover any losses resulting from the compromise of your individual Coinbase account. It is your responsibility to use a strong password and maintain control of all login credentials you use to access Coinbase and GDAX.

Fiat Currency

Coinbase stores all customer fiat currency (government-issued currency) in segregated, custodial bank accounts. The funds held in those accounts belong to Coinbase’s customers – not to Coinbase.

If you are a United States resident, your Coinbase USD Wallet is covered by FDIC insurance, up to a maximum of $250,000.

Even if Coinbase were to become insolvent, the funds held in the custodial bank accounts could not be claimed by Coinbase or its creditors. The funds held in those accounts would be returnable to Coinbase’s customers.

Coinbase is offering $10 worth of free BTC, Ether, or Litecoin when signing up using this coinbase referral code link: