Coinbase to Add UK Pound Support for British Users

Earlier, in order to use GBP at Coinbase, users should convert cryptocurrencies in euros, and only then into pounds; it usually took several days
02 August 2018   413

The cryptocurrency exchange Coinbase added the possibility of input/withdrawal of the British pound (GBP).

As noted in the company's blog, thanks to cooperation with the service Faster Payments, customers from the UK can now carry out almost instant operations with GBP.

According to the head of Coinbase U.K. Zeeshan Feroz, the new system will replace the old, according to which customers had to convert cryptocurrencies in euros, and only then into pounds. It usually took several days.

Faster payments will benefit all UK customers, enabling almost immediate transfers. This is essential for Coinbase Pro and Coinbase Prime customers in particular who will now be able to transfer funds quickly. Coinbase, Coinbase Pro and Coinbase Prime GBP support is now live for some of our existing customers, and we will continue rolling this out to all UK customers in the coming weeks.

Zeeshan Feroz

CEO UK, Coinbase

Earlier, thanks to the partnership of Coinbase and the startup WeGift, customers of the American company will be able to convert cryptocurrencies into gift certificates. 

Coinbase to Launch Services for Newbie Traders

Coinbase Bundle, Coinbase Asset Pages and Coinbase Learn are designed to "help people understand, explore, and buy their first cryptocurrency"
28 September 2018   390

The leading US cryptocurrency exchange Coinbase, has introduced several services for novice users.

Coinbase Bundle allows to invest in several crypto assets, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin. At the same time, the specific weight of each currency in the user's portfolio is formed in accordance with the share of these assets in the market. The minimum investment in the Bundle is only $ 25.

Coinbase Bundle Service
Coinbase Bundle Service

The update is positioned by Coinbase as a convenient tool to acquire all five of the listed cryptocurrencies without having to create a separate order for each coin.

The platform will be used by users of the platform from the US, EU countries and Great Britain. The commission for the acquisition of Bundle is 1.5%.

Also, the company introduced the Coinbase Asset Pages service, which displays information on 50 leading crypto-currencies, including their market capitalization, the current price and its changes, as well as links to relevant information sources.

Coinbase Asset Pages
Coinbase Asset Pages

Coinbase Asset Pages is available to everyone and is not limited to the user base of the company.

In addition, the company introduced the educational service Coinbase Learn, designed to familiarize users with the basics of working with crypto-currencies.