I need to see real growth in metrics like customer acquisition and trading volume before making a deeper commitment. From what I can tell, the news about EDXM will only be positive for Coinbase if it helps to expand the pie for the crypto industry as a whole. That's right -- they think these 10 stocks are even better buys. Independent nature of EDXM would also restrain the firm from the possibility of conflicts of interest. EDXM needed to prove its utility to stay relevant within the crypto space though. For now, I'm taking a wait-and-see backed crypto exchange with Coinbase. Meanwhile, the EDX exchange would work to accommodate both private and institutional investors.
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Read moreUsers who had little or no credit rating raised concerns as to whether they would be able to be verified or not. With the new wallets, users can add USD whenever they like and dip into that balance for instant trades at a later date. However, as a part of the new instant transfer instant, Coinbase says it btc coinbase set all users at level 1, and it will require identity verification before anyone can return to level 2 status.
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