Coinbase
Coinbase is an online platform that allows merchants, consumers, and traders to transact with digital currency. It allows its users to create their own bitcoin wallets and start buying or selling bitcoins by connecting with their bank accounts. In addition, it provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet.
Coinbase was launched in 2012 with a mission to create an open financial system for the world. It is operated from San Francisco, California. The company raised over $100M in funding from world’s leading investors including DFJ Growth, Andreessen Horowitz, Union Square Ventures, Ribbit Capital and NYSE.
New York Digital Investment Group has recently become the 14th company to be granted with BitLicense by the NYDFS.
Here’s the list of cryptocurrencies that are expected to broaden the Coinbase’s offering at the advent of the exchange’s excessive expansion.
On the threshold of Coinbase to list Cardano, Zcash, and Stellar, the prices of the coins have started to surge.
Having an aim to satisfy its customers demand, Coinbase has taken a decision to add BAT to its trading platform and apps.
Former Google CEO Eric Schmidt recently revealed that he’s a fan of blockchain technology and digital currencies, specifically referencing the likes of Bitcoin (BTC) and Ethereum (ETH).
INXT price has started to rise after it was announced that now it is possible to store INXT in safe Coinbase wallets.
Searching for the best exchange to start a crypto-trade? Learn a few essentials about cryptocurrency exchanges and check out the list of toppers.
Post this latest funding round, Coinbase valuations have climbed above many of the top-ten cryptocurrencies except Bitcoin, Ethereum, and XRP.
The leading US exchange Coinbase is likely to launch an IPO to strengthen its position in the cryptocurrency industry. Such a speculation was fueled by Ran Neuner on his twitter.
According to the official announcement, Coinbase will offer custody service for XRP which has raised doubts whether the exchange is planning for a possible listing of the coin.
