Coinbase CEO Brian Armstrong Hints At Adding More Cryptocurrencies To Its Trading Platform

Brian Armstrong, the CEO and co-founder of Coinbase recently told CNBC in an interview that cryptocurrencies such as Bitcoin are slowly becoming what he has termed to be the Stock Market 2.0.

Presently Coinbase offers trading in three cryptocurrencies such as, Bitcoin, Litecoin and Ethereum. However, it is planning to introduce more variants in 2018.

Engaging in crypto trading on exchanges such as Binance can be quite cumbersome for first-timers. Coinbase wishes to fill in this gap by simplifying the process and allowing users to proceed with the transactions using debit, credit or brank transfer mode. This will definitely bring along the Coinbase Bump of the cryptocurrencies traded therein as more and more investors gather to the Coinbase exchange following the streamlining of trading operations thus yielding higher prices of investments.

Massive speculation is being carried out by the investors presently over the new cryptocurrencies which shall be added by Coinbase in its existing trading platform for buying-in before the masses. Crypto experts are mostly siding with Monero, Bitcoin Cash, Ripple, Dash and IOTA as the most probable options.

Coinbase Founder, Brian Armstrong said during the interview that :

“The ones that are the most exciting to us that we have on the platform today are bitcoin, ethereum and litecoin, but there’s many more that are going to be added to the platform in 2018 and I think this is going to be a really exciting space for all kinds of institutional investors to make money.”

Also Read: Coinbase Adds 1,00,000 Users After CME Bitcoin Futures Announcement

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