Bitcoin Company Coinbase Launches Instant Exchange to Eliminate Volatility Risk
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....
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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.”....
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 Once their instant buy or sell order has been executed, the funds will be withdrawn from or credited to the users' local currency wallet.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:
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....
Following up on news from last month that noted that eBay subsidiary Braintree Payments was exploring a bitcoin integration comes the news that the payment company has partnered with San Francisco-based Coinbase. The partnership will allow Braintree's portfolio of clients to accept bitcoin on a number of different devices. According to Coinbase, "Developers at Coinbase and Braintree will be working together closely to complete the integration in the next few months." The first to announce the news was Braintree CEO Bill Ready at TechCrunch Disrupt - a popular event in the technology....
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....