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Oct. 24, 2017

Bitcoin exchange Coinbase will now allow users to buy Bitcoin (Bitcoin), Ethereum (ETH/USD), and Litecoin (LTC/USD) instantly when paying with a US bank account.

Coinbase made the announcement in a blog post, Cryptocoins News reported.

“Our mission is to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange. Instant purchases make it significantly easier and faster for customers to invest in the digital currency ecosystem,” Communications Director David Farmer said in a statement.

“Reducing the time to receive digital currency has been a highly requested feature and we are pleased to provide this improved experience for our customers,” he added.

Previously, customers who purchased cryptocurrency using a bank account had to wait several days before they received access to their assets.

Now, customers who pay for their cryptocurrency purchases using a US bank account can buy up to $25,000 worth of BTC (Bitcoin.Cash), ETH, and LTC and receive access to their coins immediately.

Coinbase crossed the 10 million registered user mark in September and has already added more than 1.4 million users since then.

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