Coinbase is an American company that operates a cryptocurrency exchange platform. As of October 2021, it was the largest cryptocurrency exchange in the United States by trading volume. On April 14, 2021, Coinbase went public on the Nasdaq exchange via a direct listing, making it one of the most reputable crypto trading platforms worldwide. You are probably wondering if this giant is available to local clients. The answer is yes; Coinbase accepts and opens crypto trading accounts to clients based in Lithuania.

With almost a decade of experience -The company was founded in 2012-68 million verified users, 9,000 institutions, and 160,000 ecosystem partners in over 100 countries trust Coinbase to invest, spend, save, earn, and use crypto. This is an impressive achievement for a company that operates remote-first and lacks an official physical headquarters.

If we had to choose two words to describe Coinbase, we would pick organised and accessible. This crypto platform is straightforward to navigate, offers a wide range of tokens, and, contrary to many of their competitors, every functionality is accessible in a transparent way. In this article, we refer to the main Coinbase features, capabilities, and opening a crypto wallet from Lithuania.

How to Open a Coinbase Account from Lithuania

Quickly done in three steps, you just fill in the basic information, and you are ready to start trading cryptos. Note that additional identity checks might take place upon opening your account and/or withdrawing. They try to verify you electronically, but if they aren't able to, you'll need to send proof of identity and address before you can withdraw your funds.

What Type of Wallet Can I Set Up with Coinbase?

A crypto wallet is a place where you can securely keep your crypto; there are a few different types. The most popular ones are the hosted and the non-custodial wallets. Which one is right for you depends on what you want to do with your crypto and what kind of safety net you want to have.

  • HOSTED WALLETS: The most popular and easy-to-set-up crypto wallet is a hosted wallet. When you buy crypto using an app like Coinbase, your crypto is automatically held in a hosted wallet. It's called hosted because a third party keeps your crypto for you, similar to how a bank saves your money. You may have heard of people "losing their keys" or "losing their USB wallet", but you don't have to worry about any of that with a hosted wallet. Pro: If you forget your password, you won't lose your crypto. Con: You can't access everything crypto has to offer.

  • NON-CUSTODIAL WALLETS: A non-custodial wallet like Coinbase puts you in complete control of your crypto. They don't rely on a third party — or a "custodian" — to keep your crypto safe. While they provide the software necessary to store your crypto, the responsibility of remembering and safeguarding your password falls entirely on you. If you lose or forget your password — often referred to as a "private key" or "seed phrase" — there's no way to access your crypto. And if someone else discovers your private key, they'll get full access to your assets. Pro: You may access more advanced crypto activities like yield farming, staking, lending, borrowing, and more. Con: Lose your password, and your crypto is gone. If all you want is to buy, sell, send, and receive crypto, a hosted wallet is the easiest solution.

If you're a Coinbase customer, you have your choice of a hosted wallet or a non-custodial wallet. The Coinbase app, where you buy and sell crypto, is a hosted wallet. You can also download the standalone Coinbase Wallet app to take advantage of the benefits of a non-custodial wallet. Some Coinbase customers have both, making it easy to buy crypto and participate in advanced crypto activities. Setting up either wallet is free.

What About the offered Cryptos?

There are plenty of crypto trading platforms out there. Still, only a few of them have impressed with the range of tokens and trading functionalities they have to offer. On top of these, navigating around Coinbase never feels like a challenge and finding what you're looking for is relatively easy.

Coinbase offers +4800 tokens ranging from the obvious and top traded ones like Bitcoin, Ether, Ripple, etc., to recently launched ones.

Is it easy to trade with Coinbase?

As mentioned previously, Coinbase allows crypto trading straightforwardly through an optimised trading app, so, yes, it is easy. Its app is designed in a way that you may learn and start quickly, without the need for much prior knowledge. To buy, for example, Bitcoin, or the considerable amount of available altcoins, you have to:

  1. open the trading account as explained before,

  2. deposit money,

  3. Search for "Bitcoin" or "NEO" (Or whichever token you wish to acquire) at the Coinbase trading platform, and

  4. press the "Buy" button.

And, done, you are officially trading crypto assets with Coinbase.

How to Open an Account with Coinbase

How to Open an Account with Coinbase

4 Ways to Earn Crypto Rewards with Coinbase in Lithuania

Crypto stakers encountered a problem: "If I buy a token and hold it, that investment isn't working for me. So, how do I earn interest on this?". A -basic- investment principle is that you lock money in the expectation of receiving a reward for it. Coinbase solved this fair concern by offering 4 ways of earning crypto rewards:

Coinbase Earn (I)

In exchange for learning the basics about specific cryptocurrencies (usually by watching short videos), you can get some to try for yourself. This is the easiest way to start generating crypto rewards on Coinbase.

Staking your Cryptos (II)

Many cryptocurrencies are used as a "Proof of Stake" consensus mechanism. In plain English, it is a way to ensure their decentralised networks can verify and secure all transactions without a bank or payment processor in the middle. By acquiring and holding such cryptocurrencies, you can earn rewards. When you "lock" a percentage of your holdings into a staking pool for a specific timeframe, you are contributing to the crypto network's security. The network pays you back with rewards in the form of extra tokens. In effect, it works like a fixed-term deposit, where you deposit cash, freeze it for a specific period, and receive your investment plus a reward at the end. This is an excellent option if you plan to hold onto the crypto for a more extended period. Instead of having it sit idle, you can put it to work for you. Via the main Coinbase app or website, eligible users can stake Tezos, Cosmos, or ETH and earn as much as 5% interest (depending on the type of asset being staked) as of June 2021.

CeFi Lending (III)

Stablecoins have made it possible to hold dollar-equivalent cryptos in a traditional savings account and safely earn meaningful yield. A growing number of centralised finance (or CeFi) products have emerged that provide yield for keeping some of your crypto holdings in stable coin form. Coinbase customers looking for a low-risk investment can start earning 4.00% APY via USDC -USD Coin is fully backed by cash and equivalents and short-duration U.S. Treasuries, so that it is always redeemable 1:1 for U.S. dollars-. While crypto deposits aren't currently eligible for any regulator's insurance, all USDC held in your Coinbase account is guaranteed by Coinbase.

DeFi Lending (IV)

If you are comfortable with higher potential risks for higher returns, you can experiment with lending some of your cryptos via DeFi apps. DeFi can enable transparent, peer-to-peer lending for potentially higher yields than traditional financial offerings. Investors who supply their cryptocurrency to DeFi lending protocols receive rewards in the form of interest charged to borrowers. You need a crypto wallet that is compatible with DeFi apps. Coinbase Wallet (a separate product from the main Coinbase app and can be used by anyone, not just Coinbase customers). Via Coinbase Wallet, you can experiment with lending some of your cryptos — the simplest way to start is with a stablecoin — via DeFi protocols such as Compound or Aave. DeFi remains an emerging technology, so make sure not to invest more than you can afford to lose if you decide to experiment with these protocols.


Coinbase is one of the big players in the crypto space. There's so much about Coinbase that we could write an encyclopedia: They have a great selection of tokens, a friendly and neat website/mobile app layout.

Also, they have partnered with many eSports teams and influencers. In our experience, when a trading platform can afford that many sponsorships and partnerships, it is an excellent indicator of their trustworthiness and seriousness in providing high-quality services. However, since nothing can be perfect, we must say a few words about crypto trading. First, you should remember that risks in trading cryptocurrencies are related to their volatility. This means that unexpected changes in market sentiment can lead to sharp and sudden moves in price. It is not uncommon for the value of cryptocurrencies to quickly drop by hundreds, if not thousands of dollars. Also, Cryptos are unregulated by both governments and central banks. So, you won't have any way of claiming or filing a complaint if anything goes wrong.

However, the previous comments won't stop you from starting to trade cryptos; So, if you decide to go ahead, your best chance relies on a powerful trading platform. And that is what Coinbase is.


Coinbase is the easiest place to buy and sell cryptocurrency in Lithuania. Sign up and get started today.

Advertencia de Riesgo:

Al invertir y/o negociar instrumentos financieros, materias primas y cualquier otro activo, está asumiendo un alto grado de riesgo. Puede perder todo su dinero depositado. Debe participar en cualquier actividad de este tipo solo si es plenamente consciente de los riesgos relevantes.

En particular, los CFD y las Criptomonedas son instrumentos complejos y están asociados a un riesgo elevado de perder dinero rápidamente debido al apalancamiento. Entre un 67 y un 95 % de los inversores minoristas pierden dinero cuando comercializan estos instrumentos financieros. Debe considerar si comprende su funcionamiento y si puede permitirse asumir un riesgo elevado de perder su dinero.

El contenido de esta web y los servicios que se ofrecen no pretenden ser, no son y no pueden considerarse en ningún caso, asesoramiento en materia de inversión ni de ningún otro tipo de asesoramiento financiero, ni puede servir de base para ningún contrato, compromiso o decisión de ningún tipo.



Descargo de responsabilidad:


Se puede acceder a la información de este sitio web en todo el mundo. Esta información y los productos y servicios a los que se hace referencia en este sitio web están destinados únicamente a destinatarios ubicados en jurisdicciones donde el uso o acceso a este tipo de información, productos o servicios no constituye una infracción de ninguna ley o reglamento.


Tenga en cuenta que todo el material y la información puestos a disposición por Alexon Capital Ltd o cualquiera de sus afiliados (como se proporcionan únicamente con fines informativos. Ni Alexon Capital Ltd ni ninguna de sus afiliadas está haciendo ninguna recomendación o solicitando ninguna acción basada en el material y/o la información que se le proporcionó o haciendo ninguna oferta, solicitud o recomendación para invertir en/comerciar un instrumento financiero en particular, materia prima o cualquier otro activo o emprender cualquier curso de acción.


Tenga en cuenta que todo el material y la información puestos a disposición por Alexon Capital Ltd o cualquiera de sus filiales se le proporciona con el entendimiento expreso de que no constituye asesoramiento de inversión ni de ningún otro tipo y usted determinará, buscando su propio asesoramiento independiente, los riesgos y méritos económicos, así como las consecuencias legales, fiscales y contables de tomar cualquier curso de acción, adoptar cualquier estrategia de inversión, invertir y/o negociar cualquier instrumento financiero, materia prima o cualquier otro activo. Además, ni Alexon Capital Ltd ni ninguna de sus afiliadas proporciona asesoramiento fiscal, contable o legal, por lo tanto, si necesita asesoramiento en relación con dichos asuntos, debe consultar a sus respectivos asesores fiscales, contables o legales.


Tenga en cuenta que todo el material y la información puestos a disposición por Alexon Capital Ltd o cualquiera de sus afiliadas se derivan de varias fuentes propietarias y no propietarias consideradas confiables por Alexon Capital Ltd y/o sus afiliadas. No son necesariamente completos y no se puede garantizar su precisión. Además, la información y el análisis contenidos en dichos materiales se basan en el juicio profesional y pueden diferir de las conclusiones o análisis proporcionados por otros profesionales calificados a los que se les pide que realicen un análisis similar.

Además, tenga en cuenta que todo el material y la información puestos a disposición por Alexon Capital Ltd o cualquiera de sus afiliados están sujetos a modificación, cambio o complemento sin previo aviso.


Ni Alexon Capital Ltd ni ninguna de sus afiliadas acepta ninguna responsabilidad, deber de cuidado u otra obligación que surja para usted o cualquier otro tercero en relación con cualquier material y/o información disponible por Alexon Capital Ltd o cualquiera de sus afiliadas. Sin embargo, nada en este descargo de responsabilidad excluye o restringe cualquier responsabilidad u obligación que Alexon Capital Ltd o cualquiera de sus afiliadas pueda tener bajo la ley o regulación aplicable, que no pueda ser excluida.


Divulgación del anunciante:

El sitio es de uso gratuito para todos, pero este gana una comisión de algunos de las firmas que se exponen, aunque este no genera costos adicionales para los usuarios finales (como usted). Sin embargo, tenga en cuenta que todo el material y la información puestos a disposición por Alexon Capital Ltd o cualquiera de sus afiliados se basan en nuestra metodología profesional, que es imparcial, preparada de acuerdo con el mejor interés de nuestros clientes y, lo que es más importante, independiente de la remuneración que cobramos con algunos de nuestros socios.



  • Telegram
  • Instagram
  • LinkedIn


 VER APP > > >