Coinbase Wallet Users Can Now Buy and Sell Ether

in #ethereum8 years ago

Coinbase has added support for ether, the digital currency that powers the Ethereum blockchain. The announcement comes just two months after the startup, which has raised $117m to date, added ether trading to its bitcoin exchange service, at which time it also formally re-branded the platform, Global Digital Asset Exchange (GDAX). With the latest news, Coinbase users can now buy or sell ether from an Ethereum wallet on their accounts, as well as its Coinbase Buy Widget, which allows users to buy and sell digital assets directly from websites.In its full blog post announcing the news, Coinbase further addressed the recent controversies on the Ethereum platform.This included the June demise of The DAO, a project whose failure forced a community decision that found developers altering the platform’s code in an effort to recover the funds.Here, Coinbase defended the Ethereum platform, stating that it is still in an "early and experimental" phase, and that it expects ether to be used for different purposes than bitcoin.The company wrote:

"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."

Source: http://www.coindesk.com/coinbase-wallet-buy-sell-ether-ethereum/

Sort:  

Very good blog. Nice to see I'm not the only one who thinks like this. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. An interesting website I found: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. On: https://www.coincheckup.com/coins/Ethereum#analysis To check Ethereum Indepth analysis.