Coinbase Passes 650,000 Users in Less Than a Year

Coinbase Passes 650,000 Users in Less Than a Year

Coinbase announced this week that its user base had crossed the 650,000 mark. It seems the young company is on a roll, as it recently managed to secure $25m in a round of funding led by Andreessen Horowitz. Coinbase has grown more than 20-fold over the past nine months. The service started back in 2013 with just 30,000 accounts but by August it had gained over 200,000. The number of Coinbase transactions is growing even faster - up more than twenty-fold since January. User demographics. The company also shared some interesting data on its demographics. The vast majority of Coinbase users....


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Coinbase Reaches 650,000 Users

Popular bitcoin buying/selling house and wallet provider Coinbase has today announced that they've crossed the 650,000 user mark. The announcement comes days following some incredible news that the company received $25 million in investor funding from Andreessen Horowitz to improve their operation. The company notes that when the year started, the service had only 30,000 user wallets, and says that the "average number of Coinbase transactions [they're] seeing per day has grown even faster, and was up by more than twenty-fold in November from January." With a supplied chart, you can clearly....