Coinbase Launches New Tools To Help Novice Investors Discover, Understand And Buy Cryptocurrencies

Cryptocurrency exchange Coinbase has launched a suite of new features that will make it easier for more people to learn and explore cryptocurrencies by offering a stimulating and friendly environment for the traders.

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Cryptocurrency exchange Coinbase has launched a set of new tools to help new investors learn, discover and invest in cryptocurrencies.

  • Coinbase Bundle: investors can buy a basket of 5 cryptocurrencies in one click
  • Informational Asset Pages: price and asset information on the top 50 cryptos by market capitalization
  • Coinbase Learn: general information on cryptocurrencies and blockchain

Coinbase Bundle set to ease the tiresome investing process

The launch of the Coinbase Bundle promises to make it easier for beginners in the cryptocurrency world to start investing in the five cryptocurrencies available on the platform all at once.

Coinbase realized that novice users are often intimidated by the normal trading process where traders have to create separate orders for each asset, and plans to simplify entry into crypto trading with the release of the Coinbase Bundle.

Coinbase announced September 28 that the main feature in Coinbase Bundle is the “bundling” of five currencies that can be purchased for as little as $25.

The bundle automatically purchases cryptocurrencies in proportion to the market cap of the five cryptos offered by the exchange. Even though the coins are purchased in a together, once in the user’s account, each coin can be sent or sold individually.

Coinbase has set the minimum buy price at $25 but has yet to enforce a maximum.

Informational Asset Page launched to help learn about cryptos

The Coinbase team also believes that cryptocurrency education is very important to help new and existing users to learn more about the product they are trading.

The exchange launched its Informational Asset Page, which is designed to offer formal documentation of the top 50 cryptocurrencies by market cap.

The information provided will include cryptocurrencies that Coinbase is yet to offer on its platform.

Even though Coinbase has listed the prices of top cryptocurrencies in the past, the Informational Asset Page has been created to become a useful source of information for both new and seasoned investors.

The company believes this would improve exposure for the broader crypto marketplace.

The exchange stated that:

Only 3% of people can name four or more cryptocurrencies. We want to be sure everyone learns to think beyond “Bitcoin” when building out their cryptocurrency portfolio. That’s why we’re launching informational asset pages for the top 50 cryptocurrencies, based on market cap.

Coinbase Learn also focuses on education

The third feature rolled out by Coinbase is the Coinbase Learn. This service offers something similar to the Informational Asset Page as it focuses on building adoption and increasing interest in cryptocurrencies by offering improved education on the industry.

Coinbase Learn was designed to provide answers to some common questions about cryptocurrencies and their underlying technology, blockchain.

Coinbase believes that the right knowledge will investors decide with confidence whether cryptocurrencies will benefit their portfolio.

Coinbase has been building its influence around the cryptocurrency space by providing services that would make trading and investing easy for everyone.

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