Cryptocurrency exchange Coinbase has introduced a new platform update, which adds the function of Coinbase Bundle for beginner investors.
Coinbase Bundle is a portfolio of five cryptocurrencies that are traded on the stock exchange: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC). The weight of each currency in the portfolio according to its market capitalization in U.S. dollars. Minimum investment amount — $25, €25 or £25.
The maximum value of the portfolio Coinbase Bundle is not yet established. However, in exchange there is still the daily limit for the user to purchase the cryptocurrency, and to exceed it anyway will not work. After purchasing the basket, all currencies of which it is composed, will be stored in the wallet client, it will be able to trade them or send them to anyone.
Coinbase will officially unveil an update for customers in the USA and Europe in the coming weeks. Apart from Coinbase Bundle on the exchange will be a new page with information about the top 50 cryptocurrencies by market capitalization. The information page will Supplement the Coinbase section Learn with training materials for beginners in cryptotrading.
Recall that a few days ago Coinbase introduces new rules of listing of digital assets. Now, instead of otber “candidates”, the exchange will consider applications submitted through a special system.
Also in early September, appeared in the media rumors that Coinbase is going to launch its own bitcoin ETF, together with the company on wall street BlackRock.