The largest cryptocurrency exchange based in the United States, today announced that it intends to offer a series of tools aimed at those with little or knowledge of the cryptocurrency world.
The move to offer what it calls the Coinbase Bundles which enable Coinbase clients to purchase a “bundle” of pre-chosen cryptocurrencies starting from just $25. Included in the bundle are the cryptocurrencies Coinbase currently supports. These are Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Bitcoin Cash (BCH) and Litecoin (LTC). The Coinbase Bundles service will be made available for the US and European markets in October and is intended to provide fast and easy access to the multi billion dollar cryptocurrency market,
As well as the bundle, the San Francisco based Coinbase which was launched in 2012 and posted $1 billion worth of revenues in 2017, is also set to launch two further additions to its crypto exchange platform. To be launched are the Informational Asset Pages, containing an index of the top 50 digital coins as per market capitalization, and Coinbase Learn, an education and FAQ page aimed towards the rookies.
Coinbase Expands
In a blogpost, Coinbase said:
“The vision of an open financial system depends on people’s ability to understand, explore, and choose cryptocurrencies. 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 announcement of the Coinbase Bundles offering, follows hot on the heels of Coinbase’s most recent unveiling of services aimed at institutional investors. Coinbase launched Coinbase Prime, an institutional brokerage and trading platform and Coinbase Custody, a regulated, secure cold storage solution. Coinbase also launched the Coinbase Institutional coverage group, which is designed to be a sales, training and support center for its institutional customers. The exchange boasts more than 20 million customers spread across 32 countries.
