Friday 13 October 2017

Coinbase is launching instant purchases and ditching the 3-5 day wait period

Coinbase is launching instant purchases and ditching the 3-5 day wait period

Coinbase just announced that users can instantly purchase cryptocurrency and have it be funded from a U.S. bank account. Until now, these types of purchases took between 3-5 days to complete, as Coinbase waited for funds to transfer via ACH before they credited your purchase. This wait meant that users would often get frustrated because of bitcoin’s inherent volatility — the price could fall (or rise) by 20 percent before you received your coins, but you were still locked into the price you paid five days earlier.
Read more: https://techcrunch.com/2017/10/12/coinbase-is-launching-instant-purchases-and-ditching-the-3-5-day-wait-period/?ncid=mobilenavtrend?source=Snapzu

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