Why do users prefer the Coinbase platform?

Coinbase Clone Script (Reasons for Choosing IT as A Role Model + Features) Owning an exchange platform can be a dream for most of users all around the world, since it brings a huge benefit alongside with itself. But owning an exchange needs a vast knowledge and experience in coding and app/web development, and some people might not know how to do it, thus, using a clone script of your favorite exchange platform is recommended. One of the most used clone scripts is Coinbase’s. people all around the world have decided to use it as a role model to gain the common profit. In this article we are to explain the clone scripts and the reasons why one should prefer it # Why do users prefer the Coinbase platform? Coinbase is believed to be the leading and most trusted cryptocurrency exchange platform in the market. It is one of the best user-to-admin crypto exchange platform that allows the user to buy, sell, or trade-in cryptos securely, which means that users can trade any listed crypto to fiat currency or crypto to crypto using this platform. It brings up the opportunity of both centralized and decentralized operations optimally for their world-wide crypto users. Coinbase owns a unique user interface and a variety of trading options that makes the user make correct decisions based on their financial status, infact, the user interface is easy-to-understand and use. In terms of security, the platform is highly encrypted with multiple layers of security walls. The exchange platform is equipped with security features such as, two-factor authentication. Coinbase has additional layers of protection that help the users to trade without worrying about cyber-theft. Creating a crypto exchange like coinbase, will enable you to generate high revenue through multiple streams. Coinbase offers its services through smartphone applications on both and Android and iOS. Coinbase charges users a tiny percentage of their purchase amount. Unlike the high fees that other platforms in the market charge, Coinbase’s fee per transaction is much lower. # White Label Coinbase Clone Script [Coinbase clone website script](https://radindev.com/coinbase-clone-script/) is the ready-made, pretested user-to-admin crypto exchange clone software of the Coinbase exchange and follows a similar user interface, plug-ins, and existing features of Coinbase. Due to being ready-made, it helps you to develop and launch a well-designed crypto exchange platform like coinbase within a few days. Most of clone scripts that are available currently are open to customization which means you can do certain modifications on themes, designs, features, and more based on your desired business requirements. Additionally, the coinbase clone script uses high-level security features in order to make the platform more secure and trusted. # How does Coinbase work? The first step is to sign up to the cryptocurrency exchange platform by inputting credentials such as name, email and password and verifying the email address thereafter. To begin using Coinbase, users will need to either link their bank accounts or a credit/debit card to the exchange platform’s account. If the user decides to purchase coins using a bank account, then they will be prompted to verify and validate one or two test transactions. In the case of linking a debit/credit card, users will have to send a screenshot of the card they want to link with coinbase. You might wonder what is the difference? The two methods of buying cryptocurrency are different from each other in terms of transaction speed and limits. Users who choose to link their bank accounts are limited to make high-value transactions such as $2500 per week, and on the other side, it takes two to four business days for the bought coins and sales to be shown in the Coinbase account. However, the catch is that this choice has higher transaction limits - $250 per week, and users who choose to link credit/debit card will be able to have the currencies they purchased and exchanged shows up in their Coinbase accounts immediately. When all the steps above is done, users can start buying and exchanging cryptocurrencies, but keep in mind that before each and every transaction, a breakdown of the service fee and amount of coins that you are going to purchase will be displayed to the user. # Some fantastic features of this great clone script are: Responsive User Interface By applying this clone script, you can receive a minimalistic, easy-to-use interface that is quick and responsive. The company will make sure that your UI is free of glitches and bugs Transaction history The feature allows you to view the history of all cryptocurrency transactions that users made on your platform by either a simple view or an advanced view that will display transaction details. Communication channels for traders Another feature that the clone script is equipped with is in-app chat features, in which both buyers and sellers, can easily communicate with each other to come to an agreement through this feature. Two-factor authentication In order to protect your users and your exchange platform, developers have set up additional security. The two-factor authentication will especially protect wallets from being hacked. Push notifications This feature will keep users up-to-date with the status of their transactions, search results with the use of push notifications. This seems as a vital feature. Robust escrow wallet In fact, robust escrow wallet facilitates smooth transactions between buyers and sellers of cryptocurrency. With this features, you can hold on to crypto coins and transfer them to buyers after they agree to your terms and conditions. Advertise It will give the users of your platform the opportunity to advertise the crypto coins they have to offer for free or on a reasonable cost. Multiple coin support With this feature you can go beyond popular cryptocurrencies like Bitcoin and Ethereum, incorporate alternate coins as well since the clone script supports multiple types of [cryptocurrencies](https://coinmarketcap.com/). Smart contracts It is by definition, automate transaction verification processes by setting up conditions. Using this will provide you and your users a quick way to process cryptocurrency transactions. # Security Features of Coinbase clone that are worth mentioning: • Private Key Cryptography • Cross-Site Request Forgery (CSRF) Protection • SSL Encryption • Two-Factor Authentication • Anti-Phishing Software • Lock Registry • Secured Content Management System • Anti-DDOS Security • SQL Injection Prevention • Https Authentication