You won’t be able to use Coinbase’s new trading service

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You won’t be able to use Coinbase’s new trading service
By Matthew Beedham


With every week that passes, cryptocurrency gets closer to the institutions it originally sought to usurp, and Coinbase is the latest to help it along. With minimal fanfare, Coinbase launched its over-the-counter (OTC) trading desk earlier this month in response to consumer demand. The OTC trading option will provide another option for high-value investors to get into trading cryptocurrency. In an OTC trade there is no third-party involved; trades take place directly between the investor and the seller. So in this case, Coinbase will most likely mediate the trades between its clients. The launch came to light when Christine Sandler…

This story continues at The Next Web


November 28, 2018 at 08:38PM
via The Next Web https://ift.tt/2AAoRTg

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