51 Surefire Ways To Make Money Online

The money making tips are by no means in chronological order but are in a sparse format just like my brain so sorry for not categorizing this content but its not too bad for 100% free information. Disclaimer: Free information, no promises of increase of income by reading this info What you do with this information is your decision and even though i want everyone who read this to make massive money i cant guarantee any result of income.1. Write an info product for a well established niche, this is one of the easiest ways that i use to constantly make money online :) . If your info product has anything new or innovative then it should sell well. However, just don’t write the ebook! Build a business. Gather visitors emails that comes to your site and offer them complimentary products through affiliate programs. Go ahead and offer upsells, and backends, and memberships for recurring income. If your just offering an ebook your leaving potential of thousands and thousands of dollars right on the dinner table, don’t think of it as “YES! I made a sale,” think of it as a real business and increasing the amount of profits you make per sale.2. Start your own online country, thats right. What i mean by this is basically your own unique online community that is catered towards a group of people that allows them to share content and information with each other. Look at myspace, facebook, and youtube. Million and Billion dollar ideas in just a couple of years.3. Build your virtual real estate. I’m not too much of a AdSense site type of guy, im into building businesses instead, i prefer making social networking sites that will gather people’s attention… and a good way to go about this is make it FREE, thats the magic word. Once you get people to register to your site you can then allow them to share it with their friends which will help make your site grow bigger. If your website is getting traffic then you can monetize off this with AdSense or by selling advertising which can be a killer money maker by you literally doing nothing.4. Help a friend get a job. Its funny while your out to start working for yourself, you are out to know help connect people you know with better jobs. Many people are looking for jobs, just take for instance craigslist one of the most populated websites in the world has a large section for connecting employers and job seekers. Also, monster.com is also a huge network for connecting employers with job seekers as well. If you can help connect someone then the rewards could be huge, as big as in the 1000 range, not really no chicken change. Some services that you can look into is [https://www.h3.com/welcome.html] and http://www.jobthread.com/5. Advertise and sell other people’s products from your website which is known as affiliate marketing which is such a hot field because people are looking for ways to make money online without having their own product, and this is one that you can accomplish this. Some affiliate networks to check are commission junction, amazon, and linkshare. The popular one for selling digital product is clickbank.6. Sell yourself :) . Now, don’t get it the wrong way. There are some sites online known as freelance services in which web masters or companies will pay you money if you do certain tasks for them. If you can build websites, program, or do any other technical skills then join these sites.7. Write. This is something that anyone can do and there are no technical skills required except being able to use the computer and research. Look for writing jobs on freelance services. It will help to have a portfolio of some of your writings in order to help increase your chances of getting chosen.8. Do you take pictures? You can sell licenses to web masters or individuals to use the photos that you take and you can usually charge a good amount for these as well.9. Assist businesses. Yes, businesses and web masters always need help and you can help them with everyday tasks by becoming their virtual assistant.10. Know something about a subject and love to talk? Well, you will love blogging. Blog about the topic and write in a manner that attracts people. You can monetize your site with adsense, sell affiliate programs, sell advertising, you name it. http://www.blogger.com is a free blogging software.11. Don’t know a thing? No worries you are not alone, but that shouldn’t stop you from blogging as it doesn’t stop others, you can still make money just by blogging on topics that are interesting. You can blog about your everyday tasks, blog about your plans to lose weight, or blog about your plans to make money. Some marketers have started money making challenges such as the 30K challenge, or Willie Crawford’s 1 million in 90 days challenge. These type of challenges can gather huge interests in people.12. Fill a need. I own and frequent many forums and i have come to a conclusion that people love to complain. Thats great! Whatever they are complaining about provide them a solution, this equals more money in your wallet.13. Make money by managing domain names. For example, domain name services like sedo and afternic gets paid just for regulating domain names. This can be nice steady income for having no products to sell yourself, or by not even selling other people’s products… but just by being the middleman.14. Buy and resell domain names for quick cash. I once purchased a domain name at the right time and then flipped it for $200. Domain name flipping takes some time to master like any other skill though.15. Purchase a domain name, build up the pr (pagerank), gain backlinks, and then sell the domain name. If you can get a pr6 domain name then you should be able to sell this for a hundred or two on ebay.16. If you can find a domain name that is keyword rich and is getting steady traffic then purchase it and park it and watch the money come in overtime.17. Build a house and flip it. By this i mean purchase a domain name and build a website for it and then try and sell it for profit. A popular site to sell websites is sitepoint:http://www.sitepoint.com/18. Get paid to post in forums. I would only recommend this if you’re looking for quick side cash because this is by no means a way to make a killing online. Some web masters will pay individuals to make posts at forums. Sometimes, an individual has a new forum up and running and want to get it active so they will pay individuals to post there under multiple usernames. Or, web masters could pay individuals to post on forums so that they can get more traffic to their website through signatures. Or, a webmaster could be the owner of a forum and pay forum users for each post they make in order to help them stay, and in order to help build up traffic to the forum as well.19. Go ahead and try to start your own article directory, but you better do something to make it unique and beneficial to the article submitter. Whats going to make an individual submit to your article directory as opposed to ones that they are accustom to submitting to and “plus” get results with. The good news is most of the other article directories are doing pretty much the same exact thing that everyone else is doing, you just have to be that much different and find your unique positioning.20. Learn the ins and outs about a large network and teach people how to use it effectively, become an expert in that field. For example, look at ebay. Even though it may be simple to use to the average Internet browser, there are still tons of people offline that has no idea about the ins or outs about it. This can be an easy way to make some extra money. Some offline services charge people a whopping sum of money just to sell their products for them on ebay, so that is something for you to think about.21. Think of a crazy innovative idea thats newsworthy. Ever heard of the milliondollarhomepage, http://www.milliondollarhomepage.com selling worthless links? Well, it got in the news and people swarmed to the site, proof that its not incredibly hard to make big money online.22. Moderate forums, some forums get crazy traffic and some of them also get crazy amounts of spam that needs to be moderated…badly.23. Make funny videos and then register for an account here http://www.thevideosense.com/ and post them.24. If you are technical then offer support for software programs especially wordpress. People are always having issues with this software and there is money to be made by installing and customizing wordpress blogs.25. If you like surfing the Internet then AGLOCO is a program that pays you for your browsing information (at the stake of your privacy though). You will need to download their tool bar into your desktop.26. Sell tools and useful items to myspace users like templates, layouts, and backgrounds. Too many marketers try to spam this service which is against their tos, so just build real friends and sell them cheap items that they can use on myspace, easy money! Make money on myspace by selling users things that they can use while they are on myspace.27. Write a newsletter and im talking about a real one. A list of subscribers is an incredible asset for your business because you can keep selling to those people over and over again but at least give some good content instead of only emailing when you have something to promote. You can promote your products as long as affiliates once you build trust with your subscribers.28. Build your own forum. There are plenty of free scripts out there that will aid you in the process such as phpbb: http://www.phpbb.com/downloads/ or simplemachines: http://www.simplemachines.org/download/. This is an incredible way to monetize on giving something away for free. When people register they will enter their email and this is an unorthodox way to build a list. Not only that but you can build multiple streams of income by selling advertising as well as monetizing the forum with adsense. Heck, you can even offer products as discounts to forum members, sell your own products, offer co-registration, the options are limitless.29. Learn seo (search engine optimization), it can be very profitable for you in the long run. Web masters tend to be too busy and that is one reason why many do not get where they want, they cant manage their time too well. So, you can offer to get web masters links to their sites by writing and submitting articles to directories and even optimizing their pages for them.30. Start selling on ebay, eBay is a goldmine. See what is currently selling hot here http://pulse.ebay.com/ and see if you can find any whole sellers with these items an affordable rate. Make sure that you’re dealing with a reputable seller because there are many scams in this industry so beware.31. Create an award website. Awards have been tested to increase the credibility of a website (which equals more money) so make a website with a fancy logo and offer it to web masters that meet your award’s standards.32. Make money online by researching and finding statistics, facts, or quotes for individuals that needs them.33. Write articles. Some networks will give you money for how many view certain articles that you write get. Here is one such network:http://www.associatedcontent.com/.34. Learn the ins and outs of myspace, a lot of web masters are looking for people to do marketing for them on myspace and if you know about this network then you can make some money by offering your expertise.35. Make money by referring individuals to paypal and ebay. Yes, these both have affiliate programs (doesn’t pay much) but this could be an easy way to make money if you know people that are looking for ways to make money online.36. Try using Co registration to generate some money online. What this means is that a company or service will pay you money when you can generate a lead for them. For example, you place a text banner on your site and once the individual clicks they will usually be sent to a form in which they can enter their personal information, and once they have done that you get paid for it. Its obvious that to get people to enter their “personal information” online you must have an incentive offer or copy, because people are fearful of spam (i am too). However, this shouldn’t discourage you because this is very possible though. Some companies are so good at this that they get people to enter their credit card information in the forms so thats something to boost your confidence.37. Are you skilled at photoshop? I see a lot of talented individuals on online forums that be photo shopping images like crazy. You can seriously turn this skill into a business by start offering photo shopping services to web masters or individuals that are looking for such work.38. If you can photoshop then try selling your images on eBay because you never know, some people could very well purchase it. You never know if your images will become the next Internet phenomenon.39. Are you knowledgeable in anything? Come on, i know you are smart in something everybody is good at least one thing… even me :) . Well, what you could do is offer a inexpensive tutorial that teaches an individual how to learn the particular subject in an easy to follow manner.40. Can you do screen printing for t shirts? Well, you are most likely an alternative to an online service http://www.cafepress.com. You can upload images of t shirts or what type of works you do at photo sharing services such as http://www.flickr.com.41. Are you good at audio? You can get paid money to turn written text into audio or to turn audio into text (transcription).42. Can you speak more then one language? Some companies or web masters may want text translated into more then one language.43. Like software and scripts? Can you install these things? Webmasters who are not as technical may need your help, look around on freelance services to see who you can cater to.44. This is to those who are always anxious to get money fast online. This is about the quickest way that i know to make money online. First, you join affiliate programs, and second you send traffic to your affiliate link through Google adwords. However, this takes some prior experience to master, such as being able to pick the appropriate keywords.45. Can you code software? If so then you should code a software that will fix a much needed problem, there are many software coders selling their inventions online for good money.46. Offer online tutoring. There are always people looking to learn something new and the Internet makes it not only easier for you to do so but also effective. Never before have there been such an easier way to communicate with individuals live from all the way across the globe. By having your own website on your own server, you will help make yourself stand out from the majority of your competition.47. Like sports? Make a sports site of some sort and monetize it with one of the methods that i mentioned earlier. Golf is a very expensive sport which makes this a good niche to tap into.48. Start a website that relies 100% on backends. This is an easy way to make money and to also get individuals to sign up to your website. Just look at ebay, and paypal. Both websites are FREE to join and sign up but there are many hidden fees. It costs every time you receive money through paypal, and it costs every time you sell something on ebay, it relies 100% on backend sells a nice and effective business structure.49. Try network marketing. One of the fastest ways that an individual can grow their business is by leveraging the resources of others and a lot of beginning online business owners are always looking for other web masters to partner with. If you can help broker or bring webmasters together, then this may be a profitable business for you in the end. You could charge money for each connection that is made.50. Online dating is a popular niche and there are many affiliate programs that pay you for each lead that you give them which can be some easy money if you know a lot of people. Or, if you have a unique idea you can go about forming your own dating site.51. Form a network that will connect people. Whether its to connect old high school friends, old college friends, long lost friends, singles looking for dates, or people looking to share anything. These types of sites usually do very well and usually grow fast because of the built in viral mechanisms in them. Just look at youtube, worth over 1 billion dollars and is no more then two years old. It makes it easy for people to share things with their friends… the powerful aspect of viral marketing.Conclusion
In conclusion of this article 51 surefire ways to make money online, i wanted to show people who are new to internet marketing or who are interested in making money online that there are ways (and lots of them) to make money online.The options are limitless so you just need to find out what you think will be the most suitable way for you because everyone has different interests A couple of suggestions, i would recommend concentrating on a couple of these ways to make money… there are but so many hours in a day and the more rabbits you try to chase the less you may actually catch. Also, some tips that i mentioned are for building up short term money, short term money is like quick cash.You need it to get money so that you can reinvest in your business, but its nothing to build an online business on. So, what i recommend is try experimenting with some of these techniques and once you start making small money thats GOLD! You already done the first step you just need to keep testing and tweaking your experiments until you can maximize the most profit out of it and always go with building businesses as opposed to keep getting quick money… a business is much more profitable and reliable. Take care and hope you enjoyed.

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How Social Media Allies and Upsides Your SEO Efforts?

SMM and Search Engine Optimization are usually given a separate space in the digital marketing arena.

And, quite reasonably, they are the two most decisive factors in the online marketing sphere.

But what we fail to understand is why many businesses do not acknowledge social media marketing as one of SEO’s most influential allies.

Do we intend to say that social media directly encourages your Search engine rankings?

The simple answer could be NO!

You must recognize that social metrics like Facebook likes and Twitter followers indicate social profile authority but have no hand in directly circumscribing the search engine rankings.

Surely, our straightforward answer is confusing. However, we completely believe that SEO and smo are powerful collaborators whose association must be leveraged for digital marketing success.

Let’s dig deeper and express how SMM can merit and warrant your SEO strategy.

The Relationship Between Social Metrics & SEO

Let’s assume that there might have been experiments conducted in the past that determine the use of social-media metrics such as social mentions and engagement level for search engine rankings.

But due to the unpredictable and unstable nature of smo and the weak signals generated, professionals might have dropped the attempts.

This was well elaborated by Matt Cutts back in 2014 in a Webmasters video. He was the Head of Google’s Webspam Team back then, and he revealed that social media provided incomplete signals.

Also, search engine algorithms can’t ascertain the reliability and authority of the smo posts and the profile.

Nevertheless, is there an Indirect way that social media influences search engine rankings?

And, this was embellished in the Cutt’s video itself.

He said that Google treats all social media websites like any other website on the Internet, which means that the same rules apply to Facebook, Twitter and so on as it applies to other websites.

Benefits of Social Media for Business

A Linkable Opportunity

As most social media consists of links to other websites, site owners and content creators can use it to promote their content.

You can employ a particular mixture of organic and paid promotions strategy to maximize your audience base.

Here’s how this happens-

As you use social media, there might have been countless times that some articles impacted you.

The impression an article made is evident in the things you share and communicate on social media. You might often use the information from the article in your other works, giving the source article a reference.

Understand that people cannot relate to something unless they know about it. Social media gives the perfect opportunity to content creators to prompt the audience and share link-worthy content.

You might well concede that SMM has given attention to many websites and individuals who were not known before. Creating Brand Mentions

Now, suppose someone or something (brand, product, service, individual, business, etc.) that has not yet been identified by Google suddenly notices many remarks online. In that case, it will influence Google to categorize them as an “entity”.

These are some unique circumstances that can boost your search engine rankings. This is bound to the context you are being mentioned or how people are talking about you online.

Understand that you are not adjudicated for how high you rank for a thing but what you entail as an entity.

So your website might not be getting a mention for a specific thing right now, but seeing the number of people who put trust in you, they can well start recognizing your business for that particular piece.

This is called the power of positive mentions.

Nevertheless, you need to make sure that positive mentions are not just on social media but on all public forums.

You can spring your brand marketing with your true audience base and inspire positive reinforcement and communication on social media.

Social Media For Searches

You cannot miss the fact that people use social media to search for a particular product or brand, and your audience base is just not limited to Google or Bing.

As you operate Twitter, you will realize that the social media channel with its trends, hashtags, insights and other tools give you a perfect opportunity to collude with the potential customers, making your content visible to the users.

You will find similar responses to Pinterest and Instagram.

Also, if anyone wants to know more about your company, he/she will likely ascertain your presence on Facebook, Instagram, Twitter channels- do a quick search and decide upon if he/she wants to deal with your business or not.

In 2016 Mark Zuckerberg had mentioned that “Now people are doing more than 2 billion searches a day between looking up people, businesses, and other things they care about.”- source Techcrunch.

Facebook had earlier retreated on a semantic graph search engine and launched a true keyword search, which landed in more search queries for media channel.

Twitter, since its onset, has been the leading destination for the population to flock for searches, especially in the event of big global news. Full post search appeared to have worked for Facebook and have expedited query volume.

Changing The Idea Of SEO

We have reached the phase where SEO is not just centered till Google optimization. We need to realize that search engine optimization is extending and converging on smo.

Also, if Google has been unclear about its stand, Bing, on the other hand, has been quite positive in including social metrics in its search engine algorithms.

You may well agree that the audience that reaches the company website, lurking through digital media channels, has already interacted with the company in a very pragmatic sense.

Also, digital media gives users the capability to engage more powerfully and compellingly. Hence, it will be only effective to broaden your social, media capacities and elicit brand awareness and growth.

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Coinbase Review

As the leading mainstream cryptocurrency exchange in the United States, Coinbase has become a standard on-ramp for new crypto investors. Coinbase offers a wide variety of products including cryptocurrency investing, an advanced trading platform, custodial accounts for institutions, a wallet for retail investors, and its own U.S. dollar stable-coin.

Coinbase was founded in 2012 and is a fully regulated and licensed cryptocurrency exchange supporting all U.S. states except Hawaii. Coinbase initially only allowed for Bitcoin trading but quickly began adding cryptocurrencies that fit its decentralized criteria.

Its list expanded to include Ethereum, Litecoin, Bitcoin Cash, XRP, and many others with the promise of more as long as its requirements are met.

Pros Explained
Solid variety of altcoin choices: Coinbase offers over 25 cryptocurrencies for investment, trading, and also staking.
Extremely simple user interface: Coinbase is perhaps one of the easiest on-ramps to crypto investing. It is easy to sign up and buy cryptocurrencies within a matter of minutes. It also has a learning program that pays users cryptocurrency to learn more about how cryptocurrency works.
High liquidity: Coinbase consistently ranks among highly liquid exchanges. This protects the investor from serious price slippage in an already volatile market.
Cons Explained
High fees when not using Coinbase Pro: Coinbase has high fees compared to some of its largest competitors. Many newcomers who use the standard Coinbase platform will be subject to these fees unless they use Coinbase Pro—free to switch to and with lower fees—which has more features that could be overwhelming to new crypto traders.
Users do not control their own wallet keys: This is consistent with many centralized exchanges but it still remains a con for all of them. When a user purchases cryptocurrency on an exchange, it is stored in a wallet that Coinbase has control over. This means that the user does not have autonomous control over their holdings, which, in essence, goes against the ethos of decentralized currency or finance. This can be avoided if the investor withdraws their currency to their own personal wallet, preferably a hard wallet.
Not a large enough variety of altcoins for altcoin traders: Coinbase has a good variety of altcoin options for newer investors to dabble in, but those interested in seriously trading of altcoins will not find a great selection here. That said, Coinbase plans to add more altcoins over time.
Cryptocurrencies Available on Coinbase
Coinbase has a solid number of options to invest and trade in and has plans to add more to the list. The following currencies are listed right now:

Aave (AAVE)
Algorand (ALGO)
Cosmos (ATOM)
EThe Balancer (BAL)
Band Protocol (BAND)
Basic Attention Token (BAT)
Bitcoin Cash (BCH)
Bancor Network Token (BNT)
Bitcoin Satoshi’s Vision (BSV) (Send Only)
Bitcoin (BTC)
Celo (CGLD)
Compound (COMP)
Civic (CVC)
Dai (DAI)
Dash (DASH)
districtOx (DNT)
EOS (EOS)
Ethereum Classic (ETC)
Ethereum (ETH)
Filecoin (FIL)
The Graph (GRT)
Golem (GNT)
Kyber Network (KNC)
Chainlink (LINK)
Loom Network (LOOM)
Loopring (LRC)
Litecoin (LTC)
Decentraland (MANA)
Maker (MKR)
Numeraire (NMR)
NuCypher (NU)
OMG Network (OMG)
Orchid (OXT)
Ren (REN)
Augur (REP)
Synthetix (SNX)
USD Coin (USDC)
Universal Market Access (UMA)
Uniswap (UNI)
Wrapped Bitcoin (WBTC)
Stellar Lumens (XLM)
Ripples (XRP)
Tezos (XTZ)
Yearn.finance (YFI)
Zcash (ZEC)
0x (ZRX)
Trade Experience
Trading on Coinbase is an extremely easy process and geared toward a beginner. The platform can also be accessed through your android or iOS devices. Coinbase does not offer any downloadable trading software and it is all browser-based, including its more advanced trading platform, Coinbase Pro.

When you log in you are immediately shown your portfolio balance and its performance in a selection of time frames like one hour, 24 hours, one week, and one year.

A banner above your portfolio balance has a “Buy crypto” button where you can enter a dollar value and place market orders for whichever crypto you choose that Coinbase has available. This button also brings up the options to sell or convert your crypto or even set up recurring orders—daily, weekly, on the 1st and 15th, once a month.

Buy crypto Coinbase
On the top right of the page, you will find the options to send and receive. This allows users to send crypto out of their Coinbase wallets or receive crypto from elsewhere into their Coinbase wallets. While most crypto-first exchanges do offer the ability for users to withdraw to their own private wallets, this is unfortunately not the case for some other brokers and exchanges out there. This ability is hugely important to investors who wish to make sure their holdings are safe and secure in their own offline wallets.

Coinbase Pro
While Coinbase is an incredibly simple on-ramp to crypto investment for those who are just starting out, Coinbase Pro offers a far larger and more robust charting and trade experience.

Coinbase users can purchase crypto using market orders that experience high fees compared to other exchange options out there. With that in mind, Coinbase wanted to create a free option for Coinbase users to graduate to when they were a bit more practiced. With Coinbase Pro, users can place market, limit, and stop orders with lower commission fees. Coinbase Pro also has the option of margin trading and has significantly fancier charting capabilities.

Traders using Coinbase Pro can see as short-term as 1-minute candle or line charts and can use overlays like exponential moving averages. Currently, the only 2 available overlays and indicators are EMA (12) and EMA (26). Coinbase Pro also has over 100 trading pairs available worldwide (nearly 40 trading with USD) and more than 40 crypto to crypto trading pairs in 42 regions. Compared to other serious trading tools out there, Coinbase Pro is still bare-bones with regard to indicators.

While the standard Coinbase platform is a great tool to help people understand how easy it is to purchase, store, and move cryptocurrency, Coinbase Pro is, by far, a better platform for those who wish to actively trade or invest with lower fees and more features.

Fees
Coinbase has an incredibly convoluted fee system that is also quite expensive if you are not using Coinbase Pro. The cost of trading on Coinbase’s standard platform is quite high in comparison to its competitors. Those who are new to crypto and are looking for ease of use may overlook this.

Coinbase’s fees vary across different countries and regions, but for the purposes of this review, we will focus on fees within the United States.

Payment Method Coinbase Fee
Bank Account 1.49%
Coinbase USD Wallet 1.49%
Debit/Credit Card 3.99%
ACH Transfer Free
Wire Transfer $10 ($25 outgoing)
Crypto Conversion 2.00%
In addition to these fees, Coinbase also charges variable spreads on purchases and trades. Coinbase says that they typically charge about 0.50% for the purchase and sale of cryptocurrency below $10,000 in value. This fee is significantly reduced for sums between $10,000 and $50,000 (0.35%) and continues to decrease with each pricing tier until maker-taker fees reach 0.00% and 0.04%, respectively, for sums of $500,000,000 and up. Market fluctuations can make this higher or lower.

There is also a “Coinbase Fee” in addition to the spread and the cost of depositing money mentioned above in the chart. This fee is dependent on the value of the purchase, payment type (debit/credit), and region you are purchasing from.

Coinbase gives the following examples of “Coinbase Fees” one might experience on its platform:

If the total transaction amount is less than or equal to $10, the fee is $0.99 | €0,99 | £0,99
If the total transaction amount is more than $10 but less than or equal to $25, the fee is $1.49 | €1,49 | £1,49
If the total transaction amount is more than $25 but less than or equal to $50, the fee is $1.99 | €1,99 | £1,99
If the total transaction amount is more than $50 but less than or equal to $200, the fee is $2.99 | €2,99 | £2,99
Coinbase Pro Fees
Coinbase Pro fees are significantly less expensive and less complicated. With Coinbase Pro, digital assets and ACH transfers are free to deposit and withdraw. Wire transfers are $10 to deposit and $25 to withdraw.

Pricing Tier Taker Fee Maker Fee
<$10K 0.50% 0.50%
$10 – 50K 0.35% 0.35%
$50 – 100K 0.25% 0.15%
$100K – 1M 0.20% 0.10%
$1- 10M 0.18% 0.08%
$10 -50M 0.15% 0.05%
$50 – 100M 0.10% 0.00%
$100 – 300M 0.07% 0.00%
$300 – 500M 0.06% 0.00%
$500M – 1B 0.05% 0.00%
$1B+ 0.04% 0.00%
Security
Coinbase uses a variety of safety measures for account holders. It is important to understand that any crypto on any exchange account is only as secure as the account holder makes them. It is imperative to use strong passwords and to utilize the available security features like 2-step verification.

Coinbase has 2-step verification, biometric fingerprint logins, insurance in the event that Coinbase itself is breached (this insurance does not apply if your account is breached due to your own lack of security measures), and also stores 98% of users’ funds in offline cold storage.

Digital currency is not considered legal tender and therefore is not backed by SIPC or FDIC. Coinbase provides insurance by pooling Coinbase balances and holding them in USD custodial accounts, USD denominated money market funds, or liquid U.S. Treasuries.

Coinbase provides a solid amount of security in comparison to a number of other leading exchanges. This is one of the reasons Coinbase is a great offering for those looking to safely get started investing in cryptocurrency.

That said, the premise of cryptocurrency is to remove intermediaries where possible and to be in total control of your own funds. While Coinbase does provide an easy entry to cryptocurrency investing, it is important to learn about proper cryptocurrency security and storage. Savvy crypto investors may use Coinbase Pro for its reduced fees and then withdraw their holdings to their own secure cold storage.

Opening a Coinbase Account
Signing up for Coinbase is a very straightforward and easy process. First, you enter your name, email, and the password you wish to use. You will then be asked to verify your email address. Next, Coinbase asks you to enter in your phone number to receive a verification code and enter it. Coinbase will later use this phone number to send 2-step verification codes. After this stage, it will prompt you to enter your identification information.

Just like any bank account or investment account, you must prove your identity via state identification. For users in the United States, this will require a social security number. At this point, your Coinbase account will have been created and you are able to add your bank account, credit card, or debit card information to enable deposits and withdrawals so that you can start trading or investing.

VERDICT
Coinbase is an ideal tool for new crypto investors who may not have any other investment experience. While the standard platform is overpriced, its features, like its learn program and the ability to easily set up recurring purchases, provide the inexperienced with a clear path to becoming invested and actually understanding cryptocurrency.

Those with more trading experience will find that Coinbase Pro is a cheaper and more robust option, but it is still lacking in terms of features. If you wish to trade seriously, you may find that Coinbase is not the right fit for you. Overall, Coinbase is designed with the beginner in mind.

Methodology
Investopedia is dedicated to helping those interested in cryptocurrency investing make informed and safe decisions. We are committed to providing our readers with unbiased reviews of the top cryptocurrency exchanges for investors of all levels.

Exchanges are only considered for review if they are safe, secure, liquid, and either regulated by a proper agency or entirely decentralized.

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