The app's popularity fell Coinbase with Bitcoins

Date:

2018-07-12 01:30:05

Views:

267

Rating:

1Like 0Dislike

Share:

The app's popularity fell Coinbase with Bitcoins

In early July, a crypto currency exchange Coinbase approved by SEC and FINRA service Coinbase Custody. It will allow institutional investors store Bitcoin, Ether, Litecoin and Bitcoin Cash.

However, institutional investors did not come to the market on the background of General decline in the capitalization of cryptocurrency, the number of downloads of the main app Coinbase has fallen several times. About it writes .

the

When cryptocurrencies will rise

From December 2017, when the rate of Bitcoin has reached 20 thousand dollars, Coinbase among the three most downloaded in the Finance category in the US. With the fall of the first cryptocurrency decreased and the rating of the application. Now it is on the fortieth place in the list.

The App is not the only way of access to the exchange, the newspaper notes. Users can also trade through the Coinbase website. In addition, the number of downloads is not the most accurate indicator of interest of traders to the trading floor. For example, large investor trading a single account. In addition, they try not to go in to your account from multiple devices, for fear of stealing money.

The exchange declined to comment on the data on the number of download and provide statistics on the volume of trading on the exchange. I want to believe that, over time, the rate of Bitcoin will correct the disappointing statistics.

the app's Popularity fell Coinbase with Bitcoins appeared first on Two Bitcoin.

Recommended

Craig Wright once again reminded of who is the

Craig Wright once again reminded of who is the "real" Satoshi Nakamoto

the Infamous entrepreneur Craig Wright once said that he is Satoshi Nakamoto. He did this in response to the request of the Commission on trade commodity futures U.S. (CFTC) to provide information on the mechanics and markets of scriptaction. Suppose...

Market overview: how to behave in the most popular altcoins this week?

Market overview: how to behave in the most popular altcoins this week?

From the point of view of fundamental analysis this month was very successful for kriptonyte. Recently, representatives of the Foundation Grayscale said that institutional investors are increasingly showing interest in Bitcoin and Aldona. With almost...

Five years later, Fiat will only be available to criminals. The future of cryptocurrency

Five years later, Fiat will only be available to criminals. The future of cryptocurrency

Bitcoin billionaire Tim Draper announced very extraordinary forecast, in five years, Fiat will only be available to criminals. During this period the level of acceptance of the crypts in the world will reach unprecedented heights, so that it will bec...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Banks of South Korea are not interested in bitcoin. What's wrong?

Banks of South Korea are not interested in bitcoin. What's wrong?

the Volume of cryptocurrency assets of the Korean banks remains relatively low, despite a sharp increase in Bitcoin at the end of 2017. Banks have accumulated around of 1.79 billion dollars in cryptocurrency as of Dec. It is repor...

The proportion of the yuan in the total trading volume of Bitcoin has fallen to 1 percent. Why did this happen?

The proportion of the yuan in the total trading volume of Bitcoin has fallen to 1 percent. Why did this happen?

last year, Chinese companies, a record number of patents for products created on the basis of the blockchain. Of the 406 applications filed in the world intellectual property organization, 225 had at the company from the country o...

Philippine authorities want to receive millions for the licences to trade cryptocurrency

Philippine authorities want to receive millions for the licences to trade cryptocurrency

the Philippine authorities that govern the special economic zone of Cagayan, decided to earn 67 million dollars. Their plan is to sell licenses for cryptocurrency exchanges. According to government news agencies, one exchange of H...