Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Coinbase was founded in June 2012 by Brian Armstrong and Fred Ehrsam. Armstrong is a former software engineer at Airbnb and Ehrsam is a former trader at Goldman Sachs. As of May 2017, Coinbase had 7.4 million users.
In October 2012, the company launched the services to buy and sell bitcoin through bank transfers. In May 2013 the company received a US$5 million Series A investment led by Fred Wilson from the venture capital firm Union Square Ventures.
NOTE: WARNING: Not all countries are supported by Coinbase. Before attempting to use Coinbase, please ensure that it is legal to do so in your jurisdiction. Additionally, please be aware that Coinbase may not support certain cryptocurrency transactions in certain countries. Additionally, Coinbase reserves the right to make changes to its supported countries list at any time without prior notice.
In December 2013, the company received a US$25 million investment, from the venture capital firms Andreessen Horowitz, Union Square Ventures (USV), and Ribbit Capital. Coinbase then went on to raise an additional US$75 million as part of a Series C funding round, which brought the total investment to US$106 million.
The Series C funding round pushed Coinbase’s valuation to over US$1 billion.
As of 2018, Coinbase supports 32 countries: Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Malta, Monaco, Netherlands New Zealand Norway Poland Portugal Romania San Marino Slovakia Slovenia Spain Sweden Switzerland United Kingdom and Uruguay.
6 Related Question Answers Found
Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide. Since their launch in 2012, Coinbase has become one of the most popular ways to buy and sell digital currencies.
There are many different Coinbase wallets available for people to choose from. The most popular Coinbase wallet is the Bitcoin wallet. However, there are also Ethereum, Litecoin, and Bitcoin Cash wallets available.
Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many others, with fiat currencies in approximately 32 countries. Coinbase also offers an API for developers and merchants to build applications and accept payments in both digital currencies.
As of June 29th, 2019, Coinbase uses the GDAX platform to list the majority of its supported assets. GDAX is a cryptocurrency exchange that is owned and operated by Coinbase. The exception to this is Bitcoin Cash, which is listed on Coinbase Pro, another cryptocurrency exchange also owned by Coinbase.
Yes, Coinbase works internationally. The company has a presence in 32 countries and offers a variety of services in each of these regions. For example, in Europe, Coinbase allows customers to buy and sell cryptocurrencies, as well as store them in a wallet.
Banks That Allow Coinbase
In the past, banks have been reluctant to work with companies in the cryptocurrency space. However, this is changing as more banks are beginning to recognize the potential of digital currencies. Here is a list of banks that currently allow Coinbase:
– USAA: One of the largest banks in the United States, USAA allows its customers to buy and sell Bitcoin through Coinbase.
– Fidelity Investments: One of the largest investment firms in the world, Fidelity allows its customers to view their Coinbase balances on its website.
– Citi Bank: One of the biggest banks in the world, CitiBank has started allowing its customers to use Coinbase.
– Goldman Sachs: One of the most prestigious investment banks in the world, Goldman Sachs has allowed its clients to trade Bitcoin through Coinbase.
– Barclays: One of the largest banks in the United Kingdom, Barclays has also started allowing its customers to use Coinbase.
