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RE: Coinbase to add new coins, oh and they plan on going public

in #cryptocurrency7 years ago

The biggest problem with adding BCH is that it would be extremely confusing to new investors. The majority of Coinbase's users don't have crazy knowledge about the Crypto field - they just want a convenient way to throw money in. Giving someone like that the choice between Bitcoin and Bitcoin Cash would be a huge headache.

That being said, I could totally see BCH coming to GDAX, since anyone day-trading Crypto should be much more knowledgeable about the difference.

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If it happens imagine all the people who will transfer BTC to their BCH account and vice versa. What a headache for Coinbase. I guess they can name it BCash to make it more distinguishable.