Coinbase Raises Limits For European Users, Expands to More Countries
Popular bitcoin brokerage and merchant service provider Coinbase has a two new things they want you to know about today. The first: the service is now available in five additional countries. This particular news item comes just a few weeks following an announcement that the service was available in over ten new countries. Today, the company says their service is now available in: Ireland, Sweden, Denmark, Switzerland, Poland. If you just so happen to live in one of these countries, you are able to link your bank account via SEPA in order to carry out bitcoin buy/sell actions. Limit....
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Last month, Coinbase expanded internationally by adding 13 European countries and today they are adding 5 more countries to the Coinbase family: Ireland, Sweden, Denmark, Switzerland, Poland. Users in these countries can now link their bank account via SEPA and easily buy and sell Bitcoin. For users in France, Italy, Spain, Belgium, Netherlands, and Finland, Coinbase raised the daily buy and sell limits from 500 EUR to 2000 EUR. Before September, only users with United States bank accounts could exchange Bitcoins on Coinbase, though anyone in the world could set up a digital wallet to hold....
Coinbase has expanded its European presence to an additional five countries following the launch of its services in the region early last month. The move allows consumers in Denmark, Ireland, Poland, Sweden and Switzerland to buy and sell up to €500 in bitcoin through Coinbase. The US-based bitcoin services provider initially rolled out services to Italy, Spain, France, Belgium, the Netherlands, Austria, Cyprus, Finland, Greece, Latvia, Malta, Portugal and Slovakia. Coinbase has also increased the daily buy and sell limits to €2,000 for its users in France, Italy, Spain, Belgium, the....
Coinbase will soon be doing away with their $0.15 ACH fee charged on all buys and sells. The fifteen cent fee has long been a point of contention and Coinbase is making the move to bear the cost of interfacing with the legacy banking system themselves. In an Ask me Anything Coinbase AMA on Youtube, Coinbase heads Fred Ehrsam and Brian Armstrong have been asking user-generated questions pouring in from several social media founts. Ehrsam explained: Right now we pay miner's fees for our users. It's kind of the same idea. Most people probably don't want to think about them [the fees]. Also....
Coinbase recently announced an expansion into 13 European countries and has added an additional five last week. To celebrate their launch, Coinbase is hosting a free meetup on October 20 at Hoxton Square Bar & Kitchen in London. The planned meetup in London is part of a larger European Bitcoin tour by the Coinbase team, presumably to drum up interest in their service. While their official website says that UK Buys and Sells are still disabled, Coinbase Tech support and emails to UK customers suggest that functionality (with SEPA) is just around the corner. Also read: Coinbase Expands to 5....
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....