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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Coinbase has yet to announce which currencies they will be adding to their platform. Bitcoin one step closer to being regulated in Australia.

RBA warns bitcoin is a 'speculative mania', dismisses e-Aussie dollar. What's the worst that would happen if the crypto 'bubble' bursts? Coinbase currently lists only the big three: Bitcoin explained Can't tell a bitcoin from a blockchain? Read our explainer to see how the cryptocurrency works. Take a look at what some of our readers said about Coinbase introducing altcoins in the comments. AM Survey finds cancer patients face hefty out of pocket costs Can the Parliament find common ground on constitutional reform?

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We want to hear about your experiences with aged care in Australia. Were white South Trade bitcoin for ethereum coinbase farmers murdered last year? Eight surgeries and trade bitcoin for ethereum coinbase no cure in sight: Commuters waiting past midnight to leave opening ceremony 'If you care, you're equipped': How to support someone who is suicidal. Connect with ABC News.

Got a news tip? Editorial Policies Read about our editorial guiding principles and the enforceable standard our journalists follow. The mind games 'romance' scammers use on victims The techniques used by fraudsters in online romance scams are similar to those found in domestic violence cases, according to new research.

Democracy is failing its brief with its women problem Is it any surprise that women in both established and developing democracies feel that their governments are out of touch with their concerns? Just In 'I was desperate': Towel 'change rooms' to a PM mobile mystery: Opening ceremony highlights Eight surgeries and still no cure in sight: The disease crippling Australian women 'We want our money back': Trade bitcoin for ethereum coinbase waiting trade bitcoin for ethereum coinbase midnight to leave opening ceremony Commonwealth Games trade bitcoin for ethereum coinbase ceremony celebrates Indigenous culture Thinking about buying a DNA kit online?

Memo reveals conditions in aged care facility Thousands stuck waiting for buses to Commonwealth Games opening ceremony photos. Read this first The gloves come off in Victoria as two diminished leaders scrap for power My husband suffered in trade bitcoin for ethereum coinbase nursing home.

Here's how we stop it happening again Can't afford a house? Beware quick-fix property co-ownership alternatives. Media Video Audio Photos. Change to mobile view.

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