12 Jul '13, 9am

Coinbase Offers Instant Bitcoin Transfers For Verified Users

Coinbase Offers Instant Bitcoin Transfers For Verified Users

Coinbase , the Valley darling focused on making it easier to buy, sell, and store bit coin, has made it far easier to buy and sell BTC – if you give up just a smidge of privacy. The company is now offering instant Bitcoin purchases to verified users who supply private information about themselves using standard methods including answering the same public data questions used by banks and credit card companies. Unverified users, on the other hand, still have to wait four business days for their transactions to complete. Verified users can buy and sell up to 50 BTC at a time and their transactions fund instantly according to a blog post on the site. Coinbase is one of the few easy-to-use, bank-linked bitcoin markets. Users can connect bank accounts directly to the service and make purchases without wire transfers. However, to allow this level of trust, you have to give up a b...

Full article: http://techcrunch.com/2013/07/12/coinbase-offers-instant-...

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CoinBase opens instant bitcoin transfers for verified customers

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