Coinbase is Now Offering Crypto Bundles to Help Budding Crypto Users
Justin Lam — September 28, 2018 — Tech
References: techcrunch & bitcoinmagazine
In an effort to push cryptocurrency more into the mainstream, Coinbase is now offering Crypto Bundles as well as introducing more educational resources on its platform. Announced in a blog post entitled 'Helping People Understand, Explore and Buy Cryptocurrency,' these new Crypto Bundles and resources are meant to better help future crypto users who are unsure on how to start and proceed.
The Crypto Bundles are perhaps the most interesting thing about this new initiative. The bundles include a pre-packaged collection of five coins -- bitcoin, ether, litecoin, bitcoin cash, and ethereum classic. The bundles are based on current market cap and can be purchased for $25 or more. Each coin in the bundle can also be traded individually or as a whole group.
Image Credit: Coinbase
The Crypto Bundles are perhaps the most interesting thing about this new initiative. The bundles include a pre-packaged collection of five coins -- bitcoin, ether, litecoin, bitcoin cash, and ethereum classic. The bundles are based on current market cap and can be purchased for $25 or more. Each coin in the bundle can also be traded individually or as a whole group.
Image Credit: Coinbase
Trend Themes
1. Crypto Bundles - Opportunity for retailers to create curated bundles of multiple cryptocurrencies, making it easier for new users to get started in the market.
2. Educational Resources - Potential for online learning platforms to offer comprehensive educational resources on cryptocurrency, helping to bridge the knowledge gap for newcomers.
3. Mainstream Adoption - An opportunity for financial institutions to build user-friendly platforms that promote and simplify cryptocurrency usage, targeting a mainstream audience.
Industry Implications
1. Retail - Retailers can capitalize on the demand for cryptocurrency by offering curated bundles of coins, attracting new customers and increasing revenue.
2. Edtech - EdTech companies can develop cryptocurrency-focused courses and educational resources, catering to the growing interest in the market and empowering individuals to participate.
3. Fintech - Fintech companies can develop user-friendly platforms that simplify cryptocurrency transactions and provide educational resources, driving mainstream adoption of digital currencies.
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