Coinbase Reveals Coinbase Bundle: Buy All Five Cryptos Available With One Purchase
Coinbase exchange announced Coinbase Bundle which allows you to buy all available five cryptos with just a single purchase.
Crypto enthusiasts interested to buy the Bundle will practically be purchasing a mixture of each one of the digital tokens in proportion to their USD market cap at the purchase time.
A Bundle includes the five cryptos which are currently available on Coinbase: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ethereum Classic.
The announcement was made by Coinbase in the same Twitter thread in which the exchange was introducing a suite of new features including Coinbase Learn and Coinbase Asset Pages.
A new and simple way to purchase crypto
Coinbase explains that the breakdowns of Bundles are calculated by multiplying the price of each crypto by circulating supply at the transaction time.
The exchange also made sure to highlight that buying fees will not be any different than if a user purchased each crypto separately. Another important thing is that the platform will charge a 1.5% commission rate on purchases.
Only customers in the U.S., U.K. the ones across the EU will have the option to buy Bundles.
We’re rolling out a suite of new features to help people understand, explore, and buy their first cryptocurrency. Learn more about Coinbase Bundle, Coinbase Asset Pages, and Coinbase Learn here: https://t.co/djQbqGkDKI
— Coinbase (@coinbase) September 27, 2018
More changes are on their way to Coinbase
Besides Bundles, Coinbase also mentioned details about launching asset pages so that people can explore them and become more educated about crypto.
This resource will reportedly be available for the general public not just for Coinbase’s customers.
The exchange also created Coinbase Learn which is the perfect choice for those who are entirely new in the industry.
Apart from all these, Coinbase also revealed a few days ago that it would be adding more cryptos shortly, creating massive hype in the cryptosphere.
The platform revealed its plans to “rapidly add” new assets to its system via open applications. This comes as a massive change in direction for the exchange which used to make a systematic approach when it added new crypto.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.