Coinbase Introduces USD Wallets: Instant Bitcoin Buys/Sells
San Francisco-based Coinbase is looking to up the ante when it comes to being bitcoin users' favorite wallet provider. Perhaps feeling pressure from Circle over on the East coast, Coinbase on Monday introduced a little something they're calling USD wallets. Initially available to clients residing in the states highlighted below (and listed at the bottom of this article), USD wallets will open the door to new possibilities when it comes to holding, acquiring, and selling bitcoin on the Coinbase service. Users are able to deposit their United States dollars into their Coinbase accounts and....
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Brian Armstrong from Coinbase today made an announcement on Reddit with some changes Coinbase will be implementing on instant bitcoin buys on the website. Originally, Coinbase has set the instant buy limit to 10 bitcoins per day. Now that the demand for bitcoin has increased exponentially, Coinbase will be reducing that limit to 1 bitcoin per day for level 2 accounts, and 0.1 bitcoins per day on level 1 accounts (accounts are measured by level depending on how much personal information has been supplied to verify one's identity). For traditional purchasing, the same limits have been kept....
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....
Coinbase announced today it has enabled USD wallets for its customers in 16 US jurisdictions, allowing those users to store dollar balances and make instant bitcoin purchases without waiting for bank transfers. US-based customers now have the same option to store fiat currency that Coinbase customers in 13 eurozone countries have enjoyed since September, when it expanded bitcoin buying and selling beyond the US for the first time. The company posted on its blog that the only way US customers could previously acquire bitcoin without delay was to enable 'instant buy', which requires a credit....
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....
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