Coinbase is a San Francisco, USA based company that provides bitcoin wallet and merchant services. They currently support 180,000 customers and have raised over $6M in funding from large name investors including Y Combinator, SV Angel, Start Fund, Union Square Ventures, and Ribbit Capital, among several others. Today Coinbase announced the ability to instantly purchase bitcoins from connected bank account for a 1% fee. Coinbase has been gradually increasing the purchasing abilities of its users over the last year. To many’s chagrin, they had originally capped the total pool of available BTC for all customers to limit bitcoin purchases. Many early users …
Read More →