What is Coinbase?

 What is Coinbase?

Coinbase

Coinbase is the most trusted and reputable company in the world that lets people buy, sell and securely store Bitcoins.

It is backed by many capitalists, most notably Union Square Ventures and Andreessen Horowitz.

It also allows businesses to accept bitcoins as easily as setting up a paypal pay button.
 
Coinbase is a Bitcoin company that does 3 key things

1. Consumer - Online wallet for Bitcoin users to make it easy to spend, send, receive Bitcoin on any internet devices. The goal is to remove the complexity of private key management and cold storing for the end users.
2. Merchants - Payment gateway for online and brick-mortar merchants to accept Bitcoin for their goods and services.
3. Developers - Full suite API for developers to integrate Coinbase payment on top of any web services

4. Paying with bitcoin

   Easy and secure online shopping.

   Using bitcoin is the easiest and quickest way to make a payment on the internet. Paying with bitcoin is more secure than paying with a credit card. When you pay with bitcoin, the merchant can't make a copy of your payment information. Additionally, your payment can't be rejected by your bank, credit card company, or the merchant.
   
   
   
   
    

If you are based in the US, have a US bank account, I would say Coinbase is the easiest way to start purchasing Bitcoin.

Coinbase the word is also used in the term "Coinbase Transaction"

Coinbase Transaction is a transaction that is created by miner when he/she solves a block. In that transaction contains the mining reward (new supply of coins) and fees that goes to the miner who solves the block.
Example: Bitcoin Transaction cf989a0374e664cb626d8tyu21529ca13fb7d48501a8d0a40eda459babf001ac
25 BTC is the mining reward & the remaining .02953906 BTC are the transaction fees. Coinbase Transaction do not have any input.