What is Coinbase?
Online Platform For Buying, Selling, And Promoting Bitcoin. Products: Buy/Sell Digital Currency, GDAX, Developer Platform with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide
New Cryptocurrency ?
Coinbase is king of cryptocurrency market and they can change market in single launch and cryptocurrency market also need a new coin, now they have two options
- They will be staying in the lane and let other companies pop up to solve the industry problem Mean they will be taking rest and other companies will come and launch their coin
- They will try to offer as many products as possible and own he entire customer experience, now this thing will indicate us that Coinbase may launch its own cryptocurrency
The fund will have a $10,000 minimum and charge a 2 percent annual management fee with no performance fee, which is rare for most traditional investment funds, but luckily is becoming the norm for crypto-specific passive investment vehicles.
Grayscale bitcoin also launched new crypto investing products Tuesday. The company added four new funds that each hold positions in a single cryptocurrency.
Like Coinbase’s product, Grayscale’s new trusts will be offered to accredited investors with a minimum $10,000 investment. But unlike Coinbase, Grayscale has a one-year vesting period.