Share this article
BTC
$105,200.88
+
3.95%ETH
$2,404.32
+
6.94%USDT
$1.0007
-
0.03%XRP
$2.1571
+
6.31%BNB
$638.98
+
2.90%SOL
$143.48
+
7.69%USDC
$1.0000
-
0.06%TRX
$0.2740
+
3.22%DOGE
$0.1633
+
6.80%ADA
$0.5802
+
6.21%HYPE
$36.93
+
2.74%WBT
$47.81
-
0.60%SUI
$2.8012
+
11.98%BCH
$462.20
+
1.96%LINK
$12.86
+
9.82%LEO
$9.1141
+
1.20%XLM
$0.2460
+
6.54%AVAX
$18.04
+
8.08%TON
$2.9096
+
6.08%SHIB
$0.0₄1159
+
8.61%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars
Bitcoin, Ether, Litecoin: Coinbase Enables 'Instant' Purchases for US Buyers
Cryptocurrency exchange Coinbase has announced that purchases of bitcoin, ethereum and litecoin will now be instant – for some customers.
Cryptocurrency exchange startup Coinbase has announced that some users will now be able to access "instant" purchases of bitcoin, ethereum and litecoin.
The new service is currently only available for users making payments from a U.S. bank account and in amounts of under $25,000. However, Coinbase said it plans to expand the instant purchasing service to other countries "over the coming months."
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Whereas previously such transactions would have taken several days, the firm said, customers will now have immediate access to their cryptocurrency holdings after the payment is made.
The San Francisco-based firm explained that the new feature has been a "highly requested" one, and that it should increase the overall speed and usability of the platform.
The move is likely to be popular with users of the startup's service, which been the target of criticism over poor customer service. Coinbase has previously stated that rapid user growth in recent months led to the issues, committing at the time to devote more funds to boost its customer services resources.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Coinbase.
Lightbulbs image via Shutterstock
Rachel-Rose O'Leary
Rachel-Rose O'Leary is a coder and writer at Dark Renaissance Technologies. She was lead tech writer for CoinDesk 2017-2018, covering privacy tech and Ethereum. She has a background in digital art and philosophy, and has been writing about crypto since 2015.
Top Stories
