Coinbase - Definition from the Hotspot Shield Encyclopedia
Coinbase is a company based in San Francisco, CA and facilitates the exchange of both digital and fiat currencies including Bitcoin and Ethereum.
Coinbase has over 2.8 million users, operates fiat currency exchanges in 32 different countries, and digital currencies in 190 countries. From its creation in 2012, the business has seen huge development and investment and is one of the first digital currency companies to receive a large investment from a traditional financial institute. The main services that Coinbase offers are the GDAX (Global Digital Asset Exchange) and an API for developers to use. The GDAX facilitates the exchange of Bitcoins and Ether for traditional fiat currencies and also the trade of digital assets.