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Author Topic: [2015-01-27] The First U.S. Bitcoin Exchange Is Now Open  (Read 855 times)
zakoliverz (OP)
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January 27, 2015, 02:52:52 AM
 #1

http://time.com/money/3682313/coinbase-bitcoin-exchange/

Coinbase has previously found success as one of the more consumer friendly bitcoin wallets and payment platforms. Consumers could buy and sell bitcoins from Coinbase, which would in turn purchase the coins from other exchanges and store them on the customer’s behalf. The company has also partnered with companies like Dell (and MONEY’s parent company, Time Inc.) to facilitate bitcoin purchases by acting as a middleman and converting bitcoins to cash.
kjlimo
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January 27, 2015, 11:49:34 AM
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So what's the difference from the user's perspective if coin base is the exchange them self?

I'm still just buying Bitcoin on their site same way as before, right?

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
unamis76
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January 27, 2015, 02:41:08 PM
 #3

So what's the difference from the user's perspective if coin base is the exchange them self?

I'm still just buying Bitcoin on their site same way as before, right?

As I've read, the difference is basically having your fiat insured.

There's also no fee trading for some time...

And yes, you can keep buying as before
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