Coinbase decided to make this move so they could become one of the most trusted cryptocurrency exchange businesses. Their mission is to make Coinbase the safest and most secure exchange in the crypto ecosystem.
This faster transaction for higher amounts of money may kickstart even more fervor and enthusiasm for cryptocurrency. At the time of writing, bitcoin’s price sits at $5273.53, and now large purchases via bank accounts are accessible. Since Coinbase is the largest exchange servicing the US, this could mean more bitcoin adoption, further catapulting the digital currency’s price.
Full story at http://bit.ly/2yIYL1U
Source: Bitcoin News
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