Coinbase stops accepting deposits from Nationwide bank

The users of Twitter and Reddit have noticed that deposits from Nationwide bank to Coinbase are not working, and Coinbase published a statement that those deposits are no longer accepted
08 January 2018   1910

Nationwide Building Society is a British mutual financial institution and the largest building society in the world with over 15 million members with headquarters in Swindon.

It was announced on the official website of Coinbase that they will no longer be accepting deposits from Nationwide Bank. That decision may be linked to Nationwide’s SEPA payment processing, which is maintained by Germany’s Commerzbank, which have been associated with a company's policy of refusing to deal with transactions related to Bitcoin and cryptocurrency.

Earlier, Nationwide Bank’s correspondent bank for SEPA transfers Commerzbank has stated no longer allows transfers related to Bitcoin.

Coinbase Nationwide bank statusCoinbase status towards Nationwide Bank

Previously, we have reported that Coinbase was undergoing major issues in the end of November, and that Coinbase' insider trading evidence was unveiled in the end of December 2017.

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   364

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.