Coinbase supports instant bitcoin, ethereum and litecoin purchases using US bank accounts

10/12/2017 - 21:53 UTC
Coinbase supports instant bitcoin, ethereum and litecoin purchases using US bank accounts

Coinbase, the San Francisco based exchange company, announced that it now offers its customers the ability to instantly buy cryptocurrencies (Bitcoin, Ethereum, Litecoin) using US bank account. Customers can now purchase cryptocurrency up to $25,000 and access their new digital assets immediately. 

Up until now, Coinbase customers had to wait several days before receiving any cryptocurrencies purchased through US bank accounts.

Coinbase expects this move to enable their customers to invest more easily in the cryptocurrency ecosystem. According to the Coinbase announcement the new feature was highly requested by customers.

Nevertheless, instant bank purchases are not yet supported for all US customers. Coinbase notes that it will   notify customers through email when instant cryptocurrency purchases become available for their account.