Twitter Goes Crazy Over Coinbase Bitcoin Cash Launch
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Updated December 15, You've probably heard the hype about bitcoin or ethereum, but what about cryptocurrencies like neo, dash or ripple? From next year, Coinbase — one of the world's biggest cryptocurrency exchanges — has announced that a swathe of new altcoins will be added to its platform. It has come as welcome news for Australian investors who, until now, have been paying a premium on local exchanges. Coinbase currently lists three of the world's most popular coins: There are trade bitcoin for ethereum coinbase of cryptocurrencies available — almost everyone has heard of bitcoin and ethereum — altcoins are all of those other currencies.
The Australian peer-to-peer blockchain-based energy trading platform Power Ledger is a good example of what altcoins are. Buyers and sellers are able to trade renewable energy, dispensing with the need of a middleperson. So Australian investors who want a better price often have to sign up to a US-exchange and learn how to trade coins like shares.
But now, with Coinbase's decision, investing will become accessible to anyone with a credit card and a phone. While Coinbase has yet to announce which currencies they will be adding, Professor Potts said the result would likely see more Australian cash flowing into the cryptocurrency world. Alex Saunders made so much money in cryptocurrencies that he decided to quit his job to work full time as an trade bitcoin for ethereum coinbase.
But he also helps other investors through his Youtube channel Nugget's News Australia, which is dedicated to answering cryptocurrency questions. First posted December 15, If you have inside knowledge of a topic in the news, contact the ABC. ABC teams share the story behind the story and insights into the making of digital, TV and radio content. Read about our editorial guiding principles and the enforceable standard our journalists follow.
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