When Ethereum Coinbase

Coinbase Adds Support Forethereum

Coinbase Adds Support Forethereum

We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “ Trade ” page on or tap on “Buy” or “Sell” options in our iOS or Android apps. There has been a lot of activity in Ethereum recently: the largest crowdfunding in history (The DAO), the subsequent attack on The DAO, and a resulting hard fork. Ethereum is still in an early and experimental phase, and as it matures will likely evolve to serve a different purpose than Bitcoin. In the meantime, Ethereum is pushing the digital currency ecosystem forward and we are excited to support it as part of our mission to create an open financial system for the world. In May, we added Ethereum trading on GDAX , our professional digital asset exchange. With the addition of Ethereum on Coinbase, consumers in 32 countries can acquire Ether and take part in an open financial system facilitated by Ethereum and Bitcoin. Finally, we recently announced the Coinbase Buy Widget , a tool for trusted partners to embed Coinbase’s buying service within their sites and apps. The Coinbase Buy Widget now also supports ETH purchases in addition to BTC. To learn more about Ethereum, please visit our page about Ethereum and check out this post by our co-founder Fred Ehrsam. Your feedback is important to us. Feel free to reach out to us at our Community Forum . If you don’t have a Coinbase account, sign up here ! Continue reading >>

What Is Ethereum? - Coinbase

What Is Ethereum? - Coinbase

Ether is a digital currency used for operating smart contracts on the Ethereum network. Like Bitcoin, the Ethereum network and Ether tokens are not controlled or issued by any bank or government - instead it is an open network which is managed by its users. Ethereum has been deployed in different phases. Currently the Ethereum project is in the 2nd phase, called “Homestead”. The 4 planned phases for the growth of the Ethereum network are, in order: Frontier, Homestead, Metropolis, and Serenity. Ethereum Homestead clients are working smoothly after being in beta for several months without any major incidents. However, Ethereum is still an experimental technology. Since it allows for programs to run on a virtual machine, it’s still possible that some things may still go wrong, such as poorly written smart contracts that contain bugs. While Bitcoin allows you take part in a global financial network, using Ethereum you can participate in a global computational network. This is done by means of smart contracts, which are scripts of code that can be deployed in the Ethereum blockchain. Although smart contracts are still a very new technology, they have a wide range of potential applications in many different areas, such as voting, global supply chains, medical records, the financial system, and possibly others that have yet to be discovered. The value of Ethereum is not tied or pegged to the value of any other currency. Similar to stocks or property, Ethereum's value is determined by buying and selling in the open market. The price of Ethereum changes in real time based on the number of people who want to buy or sell it at a given moment. Ethereum is traded for bitcoin, dollars, euros, yen, and other currencies in real time 24 hours a day. Depending on the demand for b Continue reading >>

How To Buy Ethereum - Coinbase

How To Buy Ethereum - Coinbase

Coinbase makes it easy to convert your local currency into and out of Ethereum. On this page, you'll learn how to buy Ethereum and store it securely in a wallet. The first step is to sign up for a Coinbase account. This will give you a secure place to store your Ethereum, and easy payment methods to convert your local currency into or out of digital currencies. Connect Your Bank Account, Credit Card or Debit Card After you sign up, connect your bank account, credit card or debit card. You'll need to complete some verification steps before you can use the account. Once the verification steps are complete, you can start a purchase. After starting your first purchase, we'll complete your buy and deliver your Ethereum. (Sells work the same way but in reverse). The price of ether changes over time, so we'll show you the current exchange rate before you buy. Continue reading >>

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