COINBASE CEO: MORE SERVICES AND MORE COINS IN 2018
The Crypto Age demands continuous evolution
Coinbase co-founder and Chief Executive, Brian Armstrong has recently talked about what he called ”Stock Exchange 2.0”. He was interviewed by CNBC where he explained that this phenomenon was created mostly by Bitcoin’s trading. To make sure that Coinbase can meet the demand created by the exponentially growing popularity of crypto currency trading, the company will be offering a new service called ”Coinbase Custody”. Their aim is to provide a special custodian service for institutions that are looking to store digital currency.
Armstrong added that they are also planning to offer further coins for trading, in addition to the current three on the Coinbase platfrom.
“The ones that are the most exciting to us that we have on the platform today are bitcoin, ethereum and litecoin, but there’s many more that are going to be added to the platform in 2018 and I think this is going to be a really exciting space for all kinds of institutional investors to make money.”
It is quite likely that the Coinbase coin range will be expanded by adding coins of the highest demand. The most reasonable choice would be if they picked their crypto currencies from the top 10, that is: Bitcoin Cash, Ripple, Iota, Dash, Monero, Nem and Bitcoin Gold.
Armstrong wrapped up the interview by saying that Coinbase is ” looking to provide a safe place where customers can have assets that they trust and participate in this market.”
Not only Coinbase but all the service providers of the crypto trading platform do need to grow and evolve continuously to keep up with the recent unprecedented popularity boom of crypto currencies. And the ”Crypto Age” has just begun.