Coinbase is a digital service that acts as a digital asset broker that is in San Francisco, California. The company will broker any of the current cryptocurrencies which include Litecoin, Ethereum, Bitcoin and other fiat currencies. The system was founded in June 2012 and in October 2012, it officially launched the services to buy and sell bitcoin using bank transfers. Over the years the company received investments from investors which propelled it to move from a small company to having over one million users. The company went through many developments with the latest being in October 2017 where the company released that users could purchase litecoin, bitcoin and ethereum instantly using a U.S. bank account without waiting days to receive it. This book will consider the Coinbase system to educate the reader on the features of the platform.
