Coinbase adds Ethereum just a day after a historical and highly successful hardfork.
Coinbase customers in 32 countries can now easily directly buy, sell store and send eth from their Coinbase account, making a conversion from btc to eth unnecessary, saving money in conversion fees. The ability to buy eth further extends to a new widget recently announced by Coinbase – Coinbase Buy Widget – which in partnership with other platforms, such as Brave Browser, allows users to buy Eth directly from the browser or website.
The service will further expand to Australia in the coming weeks. Likewise, in a few weeks, Coinbase customers in Canada and Singapore will be able to instant buy eth using a credit or debit card. The @coinbase team in the war room just launched ethereum support! Four months in the making. pic.twitter.com/x71WlV5j32 — Brian Armstrong (@brian_armstrong) July 21, 2016 A better photo of the ethereum launch – use this one instead 🙂 pic.twitter.com/2rQxlBzlwb — Brian Armstrong (@brian_armstrong) July 21, 2016 Coinbase was one of the first major service providers to add ethereum to their exchange – GDAX – which has seen an increase of 350% on average daily trading volume since adding ethereum. In a public statement, a Coinbase representative stated: “Ethereum is pushing the digital currency ecosystem forward and we are excited to support it as part of our mission to create an open financial system for the world.” Coinbase was one of the most vocal proponent of bitcoin onchain scaling together with almost all of bitcoin’s businesses, including Blockchain.info, Bitgo, OKCoin, Xapo, Bitstamp, Coinify, Lamassu, itBit and others. Bitcoin’s failure to scale, however, led to an increased attention for alternatives, with the market judging Ethereum as the most promising due to its impeccable and highly professional development team.
Starting around February this year, […]
