Coinbase: Service Updates and Announcements

Coinbase: Service Updates and Announcements


Coinbase made two announcements yesterday regarding services they offer to customers which will impact future purchases.




1. Credit Card Purchases


This has been a hot topic lately and has been reported by numerous outlets that Credit Card companies would be reducing or eliminating the use of credit cards to purchase Cryptocurrency. The reason? The giant crash that has occurred since the bull run in November and December 2017. Too many individuals bought on the premise they would get rich and in fact lost thousands, which has caused a slew of reports and attempts at charge backs on Cryptocurrency purchases with credit cards.  


2. Bitcoin SegWit Update


Coinbase tweeted this to their customers, following a blog posted in mid December 2017. 

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