12 October 2017

COINBASE - instant purchases for Bitcoin Ethereum Litecoin (BTC - ETH - LTC)- October 12, 2017

bitcoin news - Coinbase instant purchases launch

Coinbase announced today, that for US customers (or the people with US bank account) they will be able to instant purchase Bitcoin, Ethereum and Litecoin.
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It is a fresh service that has been added to their service. Instead of current 3-5 days waiting time, now it is instant.
We are excited to announce the ability for customers to instantly purchase digital currency using a US bank account. Previously, customers who purchased using a bank account had to wait several days before receiving their digital currency. Customers can now buy up to $25,000* and receive access to their digital currency immediately.
Announcement was made from David Farmer - Director of Comms Coinbase,
source here: Announcing instant bitcoin, ethereum and litecoin purchases on Coinbase
They also specify there that:
Note: maximum instant purchase limit is $25,000. Individual limits may vary.
It sounds nice. It would be great if it will work in other places too and for more countries.
From other source:
For now,
Coinbase won’t be placing any holds on instantly purchased cryptocurrency, meaning a user will be able to buy bitcoin and transfer it off exchange before the ACH withdraw is actually completed.
And that this option will be for
~15,000 users, with “all eligible” U.S.-based customers getting it by the end of the year.
And there it will be a criteria for selecting a good customer eligible for that. So for old users, from their good habits and history over time. This may be some things took in consideration for an eligible account.

Being fresh, will love to hear opinions by the people who use it and if it's already works.

We'll see if they will do that for other countries. They are limited just to some now.
If you don't have an account there you can make one here:
make a Coinbase account 
You should also know that you have a chance to make $10 from inviting friends. Yes, they do give that option ;-)

Other sources:


Till next time, 
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