Coinbase CEO Reviews Accomplishments in Q4 2018, Says “Can’t Wait to Do It All Again in 2019”

Coinbase CEO Reviews Accomplishments in Q4 2018, Says “Can’t Wait to Do It All Again in 2019”
фото показано с : blokt.com

2019-1-3 18:14

Brian Armstrong, the CEO of cryptocurrency exchange Coinbase revealed a note he sent to the Coinbase team, stating their achievements in Q4 2018.

He summarized how Coinbase had added more people to its team, new features, new cryptocurrencies and more.

The New Entrants to the Coinbase Ecosystem

The company added several new people to its team this year, as noted by Armstrong:

“As expected, this put some strain on communication, decision making, and even trust. We’re a largely new team that still needs to come together and gel, and this will be a major focus of 2019.”

He said that Coinbase had a lot of success with everything they launched and then listed and described the company’s new products and features.

In Q4 2018, Coinbase added crypto-to-crypto trading for users and added a news feature which helps customers stay up-to-date with the latest crypto developments.

It also added a feature called Watchlist that allows users to customize their dashboard and stay updated about the coins they are interested in.

Coinbase also integrated with PayPal, allowing users to withdraw funds to their PayPal accounts for free.

Coinbase Pro added whitelisting and address book. Coinbase Earn was added which is a new way to earn crypto while learning about it.

Coinbase listed USDC, the Circle-backed digital programmable dollar (stablecoin) and other cryptocurrencies like Zcash and multiple ERC20 tokens, including BAT, GNT, LOOM, MANA, ZIL, ZRX, and MKR.

Coinbase custody was established which now supports 79% of crypto assets by market cap.

Expanding Its Horizons

Coinbase launched in six new jurisdictions including Iceland, Lithuania, and the Isle of Man.

Improving its security, the exchange migrated $5 billion worth of cryptocurrency to its Generation Four cold storage infrastructure.

In the fourth quarter, the company raised another $300 million from investors in a Series E funding round.

Coinbase invested in several up and coming crypto projects including Spacemesh, Alchemy, Abacus, Nomics, Starkware, Staked.us and more.

Armstrong noted that the team focused on scaling last year to meet market demands and better serve their customers.

He concluded by saying:

“We asked a lot of everyone on the team. I’m proud of how we rose to the occasion to meet the challenges and opportunities before us this year.”

Coinbase CEO Reviews Accomplishments in Q4 2018, Says “Can’t Wait to Do It All Again in 2019” was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

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