Coinbase

CEXHQ: US

Regulation Score 10.0 / 10Trust Index 9.0 · Offering Index 4.0

KYC requiredspotfiat onrampstakingapiMiCA licensedpasskey

Regulation

FinCEN (MSB) + state MTLs incl. NYDFS BitLicense (US) · money_transmitter · active · tier1

MiCA CASP (Luxembourg) (EU) · MiCA_CASP · active · tier1

FCA (registered cryptoasset firm) (GB) · VASP_registration · active · tier1

Fees & products

Spot maker/taker: 0.4% / 0.6%
Crypto withdrawal (sample): BTC 0.0002, ETH 0.0025
Spot assets: ~250
Fiat onramp: ACH, SEPA, card, wire
KYC for trading: id

Geo-restrictions

Identity check: Your residence is what counts - documents and proof of address are verified at KYC. If you are not a resident of an accepted country, you cannot trade.

US-licensed; derivatives available only in eligible non-US jurisdictions

Security & reserves

Proof of reserves: audit

2025-05-01: data_leak (resolved) — Social-engineering campaign leaked customer KYC data; ransom refused, reimbursement fund up to $400M

Known downsides

Highest spot fees of major exchanges, especially on Simple/Instant buy (med)
Limited product set vs. global competitors (no retail perps in US) (low)
2025 KYC data leak exposed customer identity data (med)

Sources & verification

Coinbase fee schedule & terms (archived) (OFF) · accessed 2026-10-02 · source
NYDFS/MiCA/FCA registers (REG) · accessed 2026-10-02 · source
Coinbase May 2025 data incident disclosure (INC) · accessed 2026-10-02 · source

Verified: 2026-10-02 · Next review: 2027-01-02 · Reviewer: editor