Coinbase Now Lets You Convert your Altcoins into Bitcoin

Want to convert your altcoins to bitcoins this Christmas? Coinbase has launched Coinbase Convert, a new feature that allows retail users to make direct crypto-to-crypto conversions on the exchange. Quick Crypto Conversions The new feature, which was announced on December 17, 2018, will allow customers to sell one cryptocurrency to buy another, saving traders both time and multiple fees. According to the company announcement, “conversions complete instantly and at a lower cost than if done via two separate transactions.” Coinbase Convert will initially support conversions between bitcoin, ether, litecoin, ethereum…

Coinbase Adds Crypto-to-Crypto Trading for Retail Customers

Coinbase users can begin trading cryptocurrencies directly with other cryptocurrencies, the exchange startup said Monday. The company is adding support for crypto-to-crypto trading for its retail customers, adding a feature that has long been available to professional cryptocurrency trading services, said product manager Anna Marie Clifton. Users on Coinbase.com, as well as the Android and iOS apps, will be able to begin trading bitcoin pairs in the coming days through the new feature, called Coinbase Convert. She told CoinDesk that while trading pairs are “a pretty common paradigm in the…

Spend your crypto balance on e-gift cards – The Coinbase Blog

We often hear from customers that they want to be able to do more with their cryptocurrency. We’ve spent 2018 focused on behind-the-scenes utility work to help them do just that. This work has culminated in 12 big updates that we’re excited to share with the community — one announcement every day for our very own 12 Days of Coinbase. These are our holiday season thank you to the community as we head into a big 2019. What better way to start the 12 Days of Coinbase than with a new way…

Empowering Venezuelan families with GiveCrypto – The Coinbase Blog

At Coinbase, we’re dedicated to creating tomorrow’s open financial system, not only by allowing people to buy crypto, but also to use it. GiveCrypto.org (founded by CEO Brian Armstrong) takes some of the best parts of that system — cross-border accessibility, ease of small payments, and real-time transfers — to empower those who don’t have enough in our legacy economy. That’s why we’re using 12 Days of Coinbase as an opportunity to make a $10,000 donation in Zcash ($ZEC) to support their pioneering work. Our donation will support GiveCrypto.org’s project in the Venezuelan border…

Scaling & Developer Productivity – The Coinbase Blog

At Coinbase we care about developer productivity. As we’ve scaled from a single service to many, we’ve invested in tools that give us the confidence to rapidly ship new services to production. Like other growing technology companies we’ve been scaling our once monolithic infrastructure through new microservices that encapsulate well defined tasks, buy-down technical debt and help us move fast. As we’ve gone down this path our DevOps team has worked to maintain high developer productivity. We’ve used data to guide our work that we’re now sharing here and hope…

Token Refreshes – The Coinbase Blog

Every time we log into an app using our Facebook or Google account, we rely on the authentication protocol OAuth. As developers, we frequently have to work with APIs that use OAuth as their authentication mechanism. The Coinbase App uses OAuth to authenticate users so they can buy and sell digital currencies with the Coinbase API. “Highly accurate depiction of OAuth authentication” After receiving a token, apps typically persist it and apply it to each request that requires authentication. In the Coinbase Android app, we do this using an Interceptor.…

Single Sign On via Consensus – The Coinbase Blog

The Infrastructure Team at Coinbase has the goal of enabling any engineer in the company to quickly and securely access and deploy complex infrastructure. This effort started with our secure deployment pipeline Codeflow, was extended by our codification tooling GeoEngineer, and utilized by our blockchain infrastructure project Snapchain. Our latest project to empower engineers was to make it easy and safe to elevate their own permissions temporarily to perform complex infrastructure changes. Everything that engineers do at Coinbase is locked down by a mechanism that implements consensus. In order to…

Watchlist lets you customize your dashboard – The Coinbase Blog

The crypto industry moves fast, and it can be hard to filter the signal from the noise every day. With watchlist, customers can click the star icon on any asset pages to indicate you’re interested in those cryptocurrencies, and your dashboard will feature key information about those assets on a new Following tab. We also know that historic pricing charts aren’t for everyone. Once you’ve created your watchlist, you decide what asset information is most helpful to view first. Choose traditional price charts or a list of market data. If…

Coinbase is for everyone,  Coinbase Pro is for experts

We will list a subset of assets in our consumer Coinbase product, and make advanced features and more assets available to experts via Coinbase Pro. We are at an interesting juncture in the evolution of the blockchain sector. On the one hand, estimates indicate that as of 2018 only a small percentage of internet users hold any cryptocurrency. This means that the vast majority of people have yet to discover the blockchain-based internet, which means that the ecosystem will need a safe, easy-to-use, and compliant on-ramp for cryptocurrency for the indefinite…

Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet. Speculators have formulated different hypotheses since the monstrous sum was moved. Was it a market whale moving funds to Over-the-Counter (OTC) markets? Could the sender be the Foundation for Economic Education (Fee.org)? (This second theory is highly improbable as the listed address on the organization’s website reveals it has…