On December 19, Coinbase listed Bitcoin Cash, and the Coinbase platform experienced price abnormalities that led to an insider trading investigation. In November, Coinbase was ordered by the US Internal Revenue Service to report any users who had at least $20,000 in transactions in a year. In January and then March 2017, Coinbase obtained the BitLicense and licensed to trade in Ethereum and Litecoin from the New York State Department of Financial Services (DFS). Also in July, they announced they would halt services in August after the closure of Canadian online payments service provider Vogogo. In July, they added retail support for Ether. In May 2016, the company rebranded the Coinbase Exchange, changing the name to Global Digital Asset Exchange (GDAX). In September, Coinbase began to offer services in Canada and Singapore.
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Later in January, the company launched a U.S.-based bitcoin exchange for professional traders called Coinbase Exchange. In January 2015, the company received a US$75 million investment, led by Draper Fisher Jurvetson, the New York Stock Exchange, USAA, and several banks. The corporate reorganization that saw Coinbase become a subsidiary of Coinbase Global was completed in April that year. was incorporated in Delaware as a holding company for Coinbase and its subsidiaries. In the same year, company also added bitcoin payment processing capabilities to the traditional payment companies Stripe, Braintree, and PayPal. allowing those firms to accept bitcoin payments. Throughout 2014, the company also partnered with Overstock, Dell, Expedia, Dish Network, and Time Inc. In 2014, the company grew to one million users, acquired the blockchain explorer service Blockr and the web bookmarking company Kippt, secured insurance covering the value of bitcoin stored on their servers, and launched the vault system for secure bitcoin storage. Olaf Carlson-Wee, a graduate from Vassar College, was hired as the first employee in the same year. In December the same year, the company received a US$25 million investment, from the venture capital firms Andreessen Horowitz, Union Square Ventures (USV), and Ribbit Capital.
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In May 2013, the company received a US$5 million Series A investment led by Fred Wilson from the venture capital firm Union Square Ventures. 8 In October 2012 the company launched the services to buy and sell bitcoins through bank transfers. The company is named after coinbase transactions, which are special transactions that introduce cryptocurrency into circulation in proof of work cryptocurrencies. British programmer and co-founder Ben Reeves was originally supposed to be part of the Coinbase founding team but parted ways with Armstrong just before the Y Combinator funding event, due to their different stands on how the Coinbase wallet should operate. Fred Ehrsam, a former Goldman Sachs trader, later joined as a co-founder.
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Armstrong enrolled in the Y Combinator startup incubator program and received a $150,000 cash infusion. Coinbase and Coinbase related trademarks are trademarks of Coinbase, Inc.Coinbase was founded in June 2012 by Brian Armstrong, a former Airbnb engineer.Images provided above are for illustrative purposes only.
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Account limits may vary depending on customer eligibility and payment method.Trading fees and availability of assets subject to change.
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Some features otherwise available on may not be accessible or may have limited utility in the Coinbase Pro Mobile App.We also support crypto to crypto trading pairs in 100+ countries. COUNTRIES Coinbase Pro supports crypto to native currency trading pairs in the United States (USD), European Union (EUR), and United Kingdom (GBP). ASSETS Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), EOS (EOS), Tezos (XTZ), Stellar (XLM), Ethereum Classic (ETC), Chainlink (LINK), Augur (REP), 0x (ZRX), Basic Attention Token (BAT), Algorand (ALGO), Dash (DASH), Dai (DAI), USD Coin (USDC) and more. COMPETITIVE FEES Fees range from 0 - 0.5% depending on your trading volume and order type. Orders and portfolio overview FAST Make a trade in seconds.Real time candles, depth chart, order book.The app is built for advanced crypto traders with all necessary info and tools to trade on the go. Coinbase Pro is the fastest, most trusted way to trade cryptocurrencies.