[2017-10-12] Bitcoin, Ether, Litecoin: Coinbase Enables 'Instant' Purchases for

[gokayc]

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."

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.

https://www.coindesk.com/bitcoin-ether-litecoin-coinbase-enables-instant-purchases-for-us-buyers/?utm_content=bufferef25b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

[yugyug]

That is another Coinbase.com expansion of service and it will be good if they expand their purchase and payment option to other countries, that made them  popular but it the workload of transactions increases and might increase they delay of transactions. It is a "positive problem" whenever any improvements were made but that will be resolve in the future by expanding their infrastructure.