Coinbase is the largest cryptocurrency exchange that is based in the United States. In the current year, Coinbase became the first crypto enterprise to register for a public listing. The company recently announced mega good news for the investors in the region by signing a service contract with Apply Pay. All Coinbase consumers who are using iPhones can now purchase cryptocurrencies.
The new feature allows the investors to access altcoins like Ethereum, Bitcoin, and others with the help of their Master or VISA card. The service was available for investors since June. However, it has now expanded to digital payment cards as expected. With the addition of Apple Pay Services, users will be able to transfer funds from almost any bank account and use it to make a profit on Coinbase with crypto trading.
Coinbase Users Can Withdraw as much as $100,000 in a Single Day
Coinbase published a new announcement on their blog on Thursday. The users who are availing of the Apple Pay services will also get a value-added service of minimum transaction extension. Investors and prospect crypto traders can transfer as much as $100,000 in digital coins in a single day. Coinbase has also made the option of Apple Pay live on their website and application.
Anyone who wants to make the purchase can access this feature on a Safari Browser as well as an iOS device. Meanwhile, Android users should not get worried too much. Later this year, Coinbase is working on introducing similar options for Android users with the help of Google Pay. Furthermore, the five-day-long withdrawal process is going to be replaced with real-time Payments.
Three US senators have proposed imposing a new tax on all cryptocurrency transactions. Coinbase CEO Brian Armstrong has taken to social media to speak out about these latest changes. He claims that such regulations are going to harm all crypto-related enterprises in the United States. Since its public listing, Coinbase has become an influential enterprise.
The exchange was able to raise $103 billion from an IPO event conducted in April. At press time, COIN is valued at $52 billion that is close to many business leaders like Microsoft, IBM, and Apple. The new Real-Time Payments system is affiliated with the largest commercial banks in the United States, and this service is only reserved for American citizens at present.