Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Out of the exchanges we listed, CEX. Yes, Coinbase is a Bitcoin company based in San Francisco, and backed by trusted investors. Coinbase had announced in late September that it is looking to quickly add new cryptocurrencies that meet its standards and meet local law compliance. The best way is to read through the description for each exchange. The reasons for the bans are as follows:. The new version will support both cryptocurrencies.