Coinbase Launches Instant Exchange, Protects Users from Volatility
Coinbase, a popular Bitcoin exchange and online wallet provider, has announced the launch of its Instant Exchange. This new service will allow Coinbase users to send and receive Bitcoin payments instantly. Coinbase says that the Instant Exchange will protect people from Bitcoin price volatility, since they will be able to complete transactions so quickly. From Coinbase’s official announcement: “Coinbase has long offered merchants the ability to automatically convert received bitcoin into their local currency, and now Instant Exchange is available to anyone with a local currency wallet.”....
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Coinbase has announced the launch of its Instant Exchange, which will allow users to buy and sell bitcoin whilst protecting them against the digital currency's price volatility. Users with euro, dollar or pound Coinbase accounts will be able to purchase or sell bitcoin directly on the company's website. Once their instant buy or sell order has been executed, the funds will be withdrawn from or credited to the users' local currency wallet. Coinbase said in a blog post:
Bitcoin wallet service provider Coinbase today announced the launch of Instant Exchange, a feature that will enable users to transfer Bitcoin while eliminating the risks associated with price fluctuations. In a blog post today, Coinbase said, "Coinbase has long offered merchants the ability to automatically convert received bitcoin into their local currency, and now Instant Exchange is available to anyone with a local currency wallet." In this latest offering, the Bitcoin company will provide two new features: Instant Exchange Send. This option allows users to send Bitcoin and pay for the....
Coinbase announced on their blog today that they’ve launched a new Instant Exchange feature. Users can send and receive bitcoins without worrying about exchange-rate fluctuations. Previously, only merchants had this ability to move between bitcoin and local fiat currency to avoid such changes in value. Coinbase is now taking the functionality of merchants and bringing it to the consumer — as long as they hold a fiat currency (USD GBP or EUR) wallet with Coinbase — offering two new features people can start using today. First, there is Instant Exchange Send, which gives you the ability to....
The bitcoin wallet platform Coinbase has now enabled instant bitcoin purchases. Users will have to undergo identity verification, which will unlock instant transfer and larger transaction limits. Coinbase is still limited to the US only, but this move brings it into closer competition with the BitInstant exchange. Coinbase imposes transaction limits via so-called user levels. Level 2 accounts have the highest transaction limits. However, as a part of the new instant transfer facility, Coinbase says it has set all users at level 1, and it will require identity verification before anyone can....
The Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto buys with Apple Pay, and instant cashouts of up to $100,000 per transaction. The company will also soon enable crypto buys with Google Pay. Buy Cryptocurrencies on Coinbase With Apple Pay Crypto exchange Coinbase announced Thursday that users can now buy bitcoin and other cryptocurrencies on its platform with Apple Pay. Prakash Hariramani, senior director of Coinbase’s Payments & Financial Hub, explained: We’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and....