{"id":571269,"date":"2024-01-28T17:00:29","date_gmt":"2024-01-28T17:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=571269"},"modified":"2024-08-17T11:45:56","modified_gmt":"2024-08-17T11:45:56","slug":"buy-sell-trade-crypto-base-network","status":"publish","type":"post","link":"https:\/\/wncen.com\/academy\/buy-sell-trade-crypto-base-network\/","title":{"rendered":"How To Buy, Sell, And Trade Crypto On The Base Network"},"content":{"rendered":"

The foundational infrastructure of the <\/span>Base Network<\/span><\/a> brings about yet another Ethereum <\/span>Layer 2<\/span><\/a> network, distinguished by its scalability and empowerment through the notable association with Coinbase. <\/span>Coinbase<\/span><\/a> is recognized globally as one of the most trusted cryptocurrency exchanges and companies, Coinbase effectively manages a diverse portfolio of crypto assets, solidifying its status as a cornerstone within the digital currency realm.<\/span><\/p>\n

Positioned as a pivotal solution to address the persistent challenge of high transaction costs within the <\/span>Ethereum<\/span><\/a> network, the <\/span>Base<\/span><\/a> Chain stands quite firmly to revolutionize transaction fees, delivering a cost-effective alternative within the secure Ethereum environment. The assurance of a safe and reliable ecosystem is heightened by the affiliation with Coinbase, an industry titan renowned for its unwavering commitment and 10-year-long track record of great service.<\/span><\/p>\n

Reasons To Trust The Base Chain<\/h2>\n

The current centralized phase of the Coinbase company, with its owners and Devs known to the public, establishes a solid foundation for users to place their trust in the Base chain. With over a decade of extensive experience in the cryptocurrency space, Coinbase has consistently demonstrated its expertise by developing and launching numerous successful crypto products.<\/span><\/p>\n

Related Reading: How to Buy, Sell, and Trade ERC-20 Tokens on the Ethereum Network<\/a><\/div>\n

This wealth of experience instills confidence in the Base Chain as it navigates its initial stages of centralization, with a strategic vision to progressively evolve into a decentralized entity over time.<\/span><\/p>\n

\"Base<\/p>\n

For those embarking on their journey within the Base Chain ecosystem, it is imperative to keep certain key considerations in mind. Firstly, the association with Coinbase serves as a testament to the network’s reliability and credibility. Additionally, users can anticipate ongoing enhancements and decentralization initiatives as the Base Chain matures, aligning with the broader ethos of blockchain technology.<\/span><\/p>\n

In summary, the Base Network, fortified by its affiliation with Coinbase, emerges as a promising Ethereum Layer 2 solution, poised to alleviate the burden of high transaction costs while providing a secure and gradually decentralized environment.<\/span><\/p>\n

Key Features To Note About Base Chain<\/h2>\n