Coinbase is doing everything they can to take over the transition to cryptocurrencies in America – consistently developing projects that bring the company closer to the standard of existing financial institutions. Their new Institutional Suite takes it up another level.
The launch is a group services and software to make it easy enough for any interested investment funds to get into Bitcoin, no matter what their experience level. The competition for this type of software and these services is getting tight.
“At Coinbase, we welcome these developments as they help accelerate the world’s adoption of cryptocurrency by bringing new capital, greater awareness, and additional infrastructure to the space. This movement requires institutional grade products and services, something Coinbase has been developing with leading institutions and which we are proud to formally launch today.”
This piece was created in partnership with an SEC-regulated broker-dealer to provide the very best crypto-storage solutions. They are storing $20 Billion in cryptocurrencies.
This project works to solve the problems of liquidity in cryptocurrencies that result in the highly volatile market. It is not fully fledged out yet. Low latency performance, on-premise datacenter colocation services, institutional connectivity and access, and settlement and clearing services will be added in 2018.
This is essentially an upgrade to their current GDAX exchange platform. They will offer lending and margin financing products to qualified clients, high touch/low touch execution services like over-the-counter (OTC) trading and algorithmic orders, and new market data and research products. They are also planning for multi-user permissions and whitelisted withdrawal addresses.
Coinbase Institutional Coverage Group
This group provides sales, sales trading, research, market operations, and client services support.
Other recent additions:
Instant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.
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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
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