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Coinbase provided tools for institutional investors

Several services will start working immediately.

17.May.18 6:47 AM
By Jeff Bannister


Coinbase provided tools for institutional investors
The American Currency Exchange Coinbase has launched some products aimed at institutional investors. The platform administration announced this in the corporate Twitter account.

The company has already announced the launch of block trading. Now the services are running. Service Coinbase Custody announced in November 2017. The US Securities and Exchange Commission will regulate his work.

The starting commission for institutional investors will be from $ 10,000, with a minimum deposit of $ 10 million. The second service of Coinbase Prime is an over-the-counter trading platform. So the third service Coinbase Institutional Coverage Group - is focused on customer support The participation of large investors in exchange trades makes prices for crypto-currencies grow. At the moment, the volume of digital assets of Coinbase is about 20 billion dollars. However, the low activity of institutional investors undermines the users' confidence in the platform.

Only in 2018, the company filed fifteen hundred complaints. At the moment the exchange cooperates with such companies as Multicoin Capital, Boost VC, Bridge Capital business representatives.

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