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Bitcoin exchange adds 100,000 users in a day

Coinbase Inc added more than 100,000 users in the past 24 hours

Bloomberg 

Bitcoin: What's in store for 2016

The eye-popping surge in this week is paying dividends for one of the biggest online exchanges. Coinbase Inc added more than 100,000 users in the past 24 hours in the wake of the Inc’s announcement Tuesday that it plans to introduce futures by the end of the year. 

That’s according to data collected by Alistair Milne, a portfolio manager at the Altana Digital Currency Fund. The number of users of the online wallet function offered by Coinbase has more than doubled since the beginning of the year, according to stats on the company’s website. 

As with the increase in the price of to more than $7,000 this year, new customers may be wise to proceed with caution. 

First Published: Fri, November 03 2017. 02:05 IST
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