Coinbase Launches Instant Bitcoin Buying and Selling
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 Once their instant buy or sell order has been executed, the funds will be withdrawn from or credited to the users' local currency wallet.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:
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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, 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.”....
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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