Something is definitely brewing in Facebook’s newly formed department. Early in May, there was a rumor that Facebook was interested in opening a cryptocurrency department within its headquarters. The advertised positions are: Two Software Engineers
Coinbase is unveiling a suite of new initiatives designed to expand its market share.
The latest update called “Coinbase Bundles,” refers to the pre-packaged collection of five cryptocurrencies available for purchase on Coinbase. The Bundle consists of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Ethereum Classic (ETC).
A bundle of five cryptocurrencies can be purchased for a meager sum of $25. With the current market cap employed in calculating a diversified portfolio of cryptocurrencies available for purchase with a couple of taps, Coinbase will save customers a lot of hassles.
The exchange hopes to introduce the new update to its U.S., E.U, and U.K markets in the coming weeks. At the moment, the digital asset platform has not set a maximum purchase size for a Bundle, but there are daily purchase limits on a per customer basis, at the moment. When a customer buys a bundle, it will be stored on their Coinbase wallet, where it can be purchased, sold, sent or received as an individual asset.
The digital asset platform will also host Information Asset Pages on the top 50 digital currencies on its platform, along with a new section, called “Coinbase Learn,” which will educate first time traders to cryptocurrency. The Vice President and General Manager of Coinbase Consumer Dan Romero stated that the ability of people to understand, explore and choose cryptocurrency would go a long way in determining the possibility of an open financial system coming to reality.
|“We expect that millions of people will make their first cryptocurrency purchase in the coming years. But all too often, getting started can be overwhelming for people learning about crypto for the first time.”|
The Information Asset Pages will provide customers with all information about the top 50 cryptocurrencies based on market cap. Customers can learn about cryptocurrencies that are neither available for purchase nor sale on Coinbase. The page also furnishes its users with information on historical trading data, current market cap and referral links to project websites.
Romero said the new Coinbase Learn section would be exclusively set aside to enlighten newbies on cryptocurrency. It also provides answers to frequently asked questions.
Taking time to acquaint others about cryptocurrency is no mean feat. It is fair to say there is no particular database containing all the fundamental principles responsible for the technology. This new section about to be launched by Coinbase will teach and educate newbies about cryptocurrency. Responses to the frequently asked questions stemmed from customer research and were cross-checked with individuals new to the virtual currency.
Coinbase recently announced an overhaul to their digital asset listing process to make it faster to list more assets that are compliant with local laws on a “jurisdiction-by-jurisdiction” basis. It also added support for ethereum classic and raised the daily buy limits for users to $25,000 and eliminated the sell limit.
Leave a Comment
Latest Crypto News
https://www.youtube.com/watch?v=O3XvCbh8pQU reddit Buffer Facebook Twitter Author: CryptobonxCryptobonx is a Crypto –Currency and Blockchain Enthusiast.He is a believer of transforming complex information into simple, actionable content.
But what is the main Reason why Bitcoin has Dropped from a High of $19000 to $3700? The main driving force of bitcoin short is the miners. 2018 has been in a steady decline with
A Reddit post from today highlights the risks inherent in crypto investment, noting that the poster took the $20,000 loan he got for debt consolidation, put it into cryptocurrency. The post solemnly includes, ‘I’m wondering the extent
TenX president Julian Hosp has been implicated in connection with an Austrian discount shopping service called Lyoness. Lyoness has been declared an illegal pyramid scheme in Norway, Austria, and Switzerland. A video has emerged that appears to show Hosp presenting an
CoinAlpha got served with a cease and desist order today from the SEC on the grounds of operating as an unregistered entity. The SEC also accuses the company of being sneaky in the way of
In terms of assets, the above-mentioned bank is the third largest in Russia, with a management capital in form of assets worth $3.1 billion. And for this reason, for a renowned world power in every
Bitcambio, a Brazilian crypto exchange has reportedly sent one of its users a whopping $35 million – after the user attempted to withdraw $127. According to local news outlet Portal do Bitcoin, the cryptocurrency exchange immediately
Crypto mining company Argo today reported that in the midst of the current bear crypto market, it is registering significant growth and more demand. Up until mid-November, Bitcoin prices had been holding out at the
A wealthy Bitcoin wallet which had remained inactive for the last 5 years made a surprising hefty deposit of 66, 233 BTC ($256 million) two days ago. Now, Bitcoin whales (people who hold large amounts
Nexo is a blockchain based system that allows users to access instant loans in fiat dollars by using cryptocurrencies as collateral. This was interesting as the only way cryptocurrencies were in use was through selling
A bitcoin-replica launched with an aim to discourage miners from forming pools and gain a monopoly over its network has been compromised. Mark Nesbitt, a security expert, revealed that the blockchain of Vertcoin, a peer-to-peer
Regulation of cryptocurrencies has been a long time coming with the process full of twists and turns. Many countries have set up legislation or are in the process of doing so; it’s not unnatural that
Venezuela’s President Nicholas Maduro announced on national television on Thursday that the country’s native cryptocurrency Petro’s price had been increased from 3,600 sovereign bolivars to 9,000. Petro was launched early 2018 in the middle of
Bitcoin SV’s enhanced Capacity means it will in future be capable of hosting billions of people on a daily basis according to project’s lead engineer Daniel Connolly. As a member of the SV development team, Daniel
Do you need to know more about Bitcoin and blockchain tech in a hurry? Want to learn what mining is or what block time is? Or just more about the topic in general? The sheer
Sign Up Below!
Airdroppin the Latest Crypto News, Trading Strategies, Tools, & Reviews
Crypto Guides & Tutorials