International Wallet | Coinbase | Get 10 $ FREE

Buy and Sell digital currency from Coinbase which claims to be the world’s most popular way to buy and sell bitcoin, ethereum, and litecoin with $40.0B in digital currency exchanged in 32 countries and supports 12.3M customers.

Coinbase is a digital asset broker headquartered in San Francisco, California. They broker exchanges of Bitcoin (₿), Ethereum (Ξ), Litecoin (Ł) and other digital assets with fiat currencies in 32 countries and bitcoin transactions and storage in 190 countries worldwide.

History

Coinbase was founded in June 2012 by Brian Armstrong and Fred Ehrsam. It enrolled in the Summer 2012 Y Combinator startup incubator program. In October 2012, the company launched the services to buy and sell bitcoin through bank transfers.

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. In December 2013, 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 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. Throughout 2014, the company also formed partnerships with Overstock, Dell, Expedia, Dish Network, Time Inc. to power accepting bitcoin payments. The company also added bitcoin payment processing capabilities to the traditional payment companies Stripe, Braintree, and PayPal.

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