Coinbase is ‘Adding the Assets Our Customers Have Come to Demand’: Coinbase CEO

[Lmaooo]

Coinbase probably had its best quarter so far, launching several products over the fourth quarter of 2018. The company which Lightspeed Venture Partner Semil Shah called  ‘The Breakout Company of 2017’ recently concluded its 12 Days of Coinbase which introduced features such as instant PayPal withdrawals, Coinbase Earn which is a modified version of Earn.com (Coinbase acquired Earn.com for $120 million in April 2018)

$300 Million Series E fundraise

The most notable undertaking is definitely the secure migration of over $5 Billion to an improvised cold storage solution. Apart from this, Coinbase raised an impressive $300 million Series E round at a valuation of $8 Billion dollars, making it one of the most valued startups within the crypto ecosystem. The round was led by Tiger Global Management, with participation from Andreessen Horowitz, Y Combinator Continuity, and Polychain Capital among others.

CCN | https://www.ccn.com/coinbase-adding-assets-customers-demand-brian-armstrong/

[Mesquito]

Coinbase probably had its best quarter so far, launching several products over the fourth quarter of 2018. The company which Lightspeed Venture Partner Semil Shah called  ‘The Breakout Company of 2017’ recently concluded its 12 Days of Coinbase which introduced features such as instant PayPal withdrawals, Coinbase Earn which is a modified version of Earn.com (Coinbase acquired Earn.com for $120 million in April 2018)

$300 Million Series E fundraise

The most notable undertaking is definitely the secure migration of over $5 Billion to an improvised cold storage solution. Apart from this, Coinbase raised an impressive $300 million Series E round at a valuation of $8 Billion dollars, making it one of the most valued startups within the crypto ecosystem. The round was led by Tiger Global Management, with participation from Andreessen Horowitz, Y Combinator Continuity, and Polychain Capital among others.

CCN | https://www.ccn.com/coinbase-adding-assets-customers-demand-brian-armstrong/

Also, Coinbase launched its Coinbase Bundle, inspired by CoinBundle project. Maybe Coinbase gets interested on buying CoinBundle, as it came before as a very innovative platform to make investments easier for newbies.
Because CoinBundle supports directly buying with credit card (with the lowest fees), withdraw to bank, no trading fees and surprisingly different from exchanges: being instant, you have no need to wait for completion of your buy/sell orders.
While Coinbase take inspiration on the bundles idea and created Coinbase Bundle, CoinBundle since its begin haves even more bundles: Conservative (idea for beginners), Emerging/Aggressive (each one haves more coins, needing more expertise on investing), Halal (the first to comply with Islamic Finance), Top 20, and Coinbasic (a more profitable version of Coinbase's Bundle)

[shinratensei_]

Coinbase probably had its best quarter so far, launching several products over the fourth quarter of 2018. The company which Lightspeed Venture Partner Semil Shah called  ‘The Breakout Company of 2017’ recently concluded its 12 Days of Coinbase which introduced features such as instant PayPal withdrawals, Coinbase Earn which is a modified version of Earn.com (Coinbase acquired Earn.com for $120 million in April 2018)

$300 Million Series E fundraise

The most notable undertaking is definitely the secure migration of over $5 Billion to an improvised cold storage solution. Apart from this, Coinbase raised an impressive $300 million Series E round at a valuation of $8 Billion dollars, making it one of the most valued startups within the crypto ecosystem. The round was led by Tiger Global Management, with participation from Andreessen Horowitz, Y Combinator Continuity, and Polychain Capital among others.

CCN | https://www.ccn.com/coinbase-adding-assets-customers-demand-brian-armstrong/

Also, Coinbase launched its Coinbase Bundle, inspired by CoinBundle project. Maybe Coinbase gets interested on buying CoinBundle, as it came before as a very innovative platform to make investments easier for newbies.
Because CoinBundle supports directly buying with credit card (with the lowest fees), withdraw to bank, no trading fees and surprisingly different from exchanges: being instant, you have no need to wait for completion of your buy/sell orders.
While Coinbase take inspiration on the bundles idea and created Coinbase Bundle, CoinBundle since its begin haves even more bundles: Conservative (idea for beginners), Emerging/Aggressive (each one haves more coins, needing more expertise on investing), Halal (the first to comply with Islamic Finance), Top 20, and Coinbasic (a more profitable version of Coinbase's Bundle)

Is that still working? I heard that some banks in US have prohibited the users to buy cryptocurrency use CC. Just to make sure if that still available or not. But it's available for debit card purchase.
https://www.coindesk.com/coinbase-confirms-4-banks-blocking-bitcoin-purchases-on-credit-cards

[beerlover]

How many series does startups get before they can actually run their own companies ? Series E now ?
I mean 300 million dollars is good enough, they got investments before and they have 300 million more now. At what point do they stop and start selling parts of the company instead of getting investments ?

Coinbase is already huge and they are making a ton of money, it wasn't a great decision to buy earn.com for 120 million dollars (I am not arguing the purchase, that was good, I am merely arguing the price) but that way they became bigger and right now they are really working hard with the new Ireland office plans and even working towards a potential UAE office for middle east and a door between Europe (Ireland) and a potential new Asian market.

Lets hope they manage to localize their website to each countries laws instead of making everyone follow american laws.

[kindbtc]

I think it is good strategy by coinbase to list more coins and tokens regularly now based on their customer demand and needs but at the same time i would like to see the exchange or swap option in coinbase wallet as well as i feel coinbase desperately needs that feature to accomodate more traders and investors.

[bellamente]

Coinbase is a great example of building a useful business. They are developing in the right direction and will help the entire crypto community. I think this is one of the most popular crypto exchanges currently.

[batang_bitcoin]

Coinbase is a great example of building a useful business. They are developing in the right direction and will help the entire crypto community. I think this is one of the most popular crypto exchanges currently.

They have been leading the industry even before and now its becoming competitive to them so they have to do that.

For those who wants to keep on monitoring the additional coins on coinbase: https://blog.coinbase.com

[Xavofat]

Coinbase relies on simplicity as a business.  They have high fees for trading cryptocurrencies and that's because newer crypto users find their service user friendly and intuitive.  They seem to try quite hard to look like a non-threatening, law-abiding crypto business and that's a reputation which is hard to keep.

The introduction of more cryptocurrencies to Coinbase could really dent that in the long term, I think.  Ethereum is now at a point where I can see why it would be traded on Coinbase, but I can't see why anything other than BTC and ETH should be.

[Dobby070]

I think it is good strategy by coinbase to list more coins and tokens regularly now based on their customer demand and needs but at the same time i would like to see the exchange or swap option in coinbase wallet as well as i feel coinbase desperately needs that feature to accomodate more traders and investors.

Actually big exchange like coinbase and binance have a huge influence on the market value of a coin. Just when a coin is listed there, the price is pumping.  Well, the recent news about hardforks gather the intention of these exchanges.

[sixexgames]

Oh, I had no idea Coinbase owned Earn... I guess that's why they have integration with it. I think there are a lot more assets that deserve to be on the main Coinbase platform like Dash, Monero, Ripple and more.

[Saugani]

It was the company as name 21co/inc the founder Balaji S, since their start the business with interaction platform has available on the App until now I was still using.

after that, there started production i.e the 21 bitcoin computer and was renamed earncom, that’s correct 21co is long time integrated with coinbase. so acquires well per Q2 2018 (Acquired by Coinbase Announced Date Apr 16, 2018 Price $120M). I think know coinbase a holding important an around cryptocurrency, they are a company very competent with a team of many good and solid.