Categories: News

Coinbase adds Ethereum support for their exchange and wallet users

Coinbase, which happens to be one of the world’s most popular bitcoin exchanges and wallet service, has recently announced that their users will now be able to buy, send, sell and store Ether via their Coinbase account.

This upgrade in services comes in light of the recent Ethereum activity, including the largest crowdfunding in history, also known as The DAO, the attach that followed, the hard fork and the significant rise in popularity that the alternative digital currency has received during the last couple of months. Users willing to get started can visit the trade page, or tap on the Sell/Buy options, on the mobile apps.

In their blog post, Coinbase stated that: “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”.

It’s important to point out that this isn’t Coinbase’s first trial with Ethereum, as in May, they added in Ethereum trading on GDAX, their digital asset exchange platform. Now that it has been added on the exchange platform as well, customers in over 32 countries will be able to purchase and sell Ether.

Related Post

Last but not least, Coinbase also announced the Buy Widget, a tool meant to embed the exchange’s service on various websites, thus allowing webmasters to contribute to facilitating bitcoin/ether exchanges via the platform.

Based on everything that has been outlined so far, what do you personally think about Coinbase adding in Ether trading? Let us know your thoughts in the comment section below.

Source: Coinbase

If you liked this article follow us on Twitter@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Daniel Dob

Daniel is a bitcoin investor and journalist for numerous news outlets in the financial sector. When he's not writing, trading, or interviewing people, you can find him swimming, reading or taking one of his hobbies to the next level.

Share
Published by
Daniel Dob

Recent Posts

Top 5 DeFi Coins to Watch for 2022

The DeFi sector of cryptocurrency is valued at over $168 billion, with over $10 billion…

4 hours ago

AMC CEO Announces Plans to Accept Shiba Inu via Bitpay in the Next 2-3 Months

In a twitter post yesterday, Adam Aron, CEO of AMC Theaters, announced the company's plans…

9 hours ago

Loopring and Gamestop – What Is Up with These Two?

Loopring and Gamestop are two entities that, at first glance, seem very different. One is…

9 hours ago

The Safest Methods to Deposit into Online Gambling Accounts

The rise of online betting is plagued with inevitable setbacks. One of which is the…

9 hours ago

GenshinShibInu Price Up Over 3000% After PancakeSwap Listing

GenshinShibInu (GSHIB) is the latest meme coin that gained over 3000% in the past 24…

10 hours ago

Top 5 Hottest Metaverse Projects Right Now

As the Metaverse trend picks up, we see more and more emerging projects entering the…

12 hours ago

This website uses cookies.