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Nov 04

Coinbase Adds Record Numbers Of Users

With the rapid increase in the value of Bitcoin, Thousands of people are getting on board and signing up with cryptocurrency exchanges.  There are many with Coinbase being very popular and the one I use.  Over 100,000 joined Coinbase in just a day.

Coinbase Adds 100,000 New Users in a Day Following Bitcoin’s Price Rally

Francisco Memoria on 04/11/2017

Bitcoin’s recent price stampede, which reached a new all-time high above $7,350, clearly demonstrates how the cryptocurrency ecosystem has been growing. For popular cryptocurrency exchange Coinbase, things are seemingly great as well, as data suggests it just added over 100,000 new users in a single day.

According to data collected by a portfolio manager at the Atlanta Digital Currency Fund, Alistair Milne, the exchange’s growth has been notable throughout the year, with it reaching a record user growth on Tuesday. Data further suggests its number of users has more than doubled since the beginning of the year, as at press time Coinbase’s website points to 11.9 million users.

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