Coin Debate: Coinbase Rebrands GDAX to Coinbase Voor With Added Features
All about finances and digital currency.
Sunday, May 27, 2018
Coinbase Rebrands GDAX to Coinbase Voor With Added Features
Coinbase has announced the launch of Coinbase Voor, the rebranded version of GDAX, which the San Francisco-based exchange describes spil lighter to use and more intuitive. The announcement wasgoed made ter a blog postbode and wasgoed straks confirmed by the company’s voorzitter and COO, Asiff Hirji, te an vraaggesprek with CNBC. David Farmer, the fresh normal manager of Coinbase Voor, described the stir spil just one component of the exchange’s larger commitment to the growth of the crypto industry. Te a different blog postbode, Coinbase CEO Brian Armstrong announced that the company had acquired Paradex, a decentralized relay toneel that will permit Coinbase users to trade hundreds of tokens directly from their wallets. TARGETING THE ACTIVE CRYPTO TRADER
GDAX users will little by little be transitioned to Coinbase Voor, with all their balances and transactions available on the fresh toneel. The toneel, which Coinbase describes spil intuitive, promises a simplified deposit and withdrawal process spil well spil improved charts which will make it lighter for users to access historical gegevens. It will also feature a fresh portfolio view called My Wallets that will permit users to see an overview of their accounts and balances.
Coinbase Voor will operate alongside GDAX to give users time to adjust, with user activity mirrored on both platforms. The adjustment period will last until June 29, after which point GDAX customers will be flipped overheen to Coinbase Voor. The fresh podium will incorporate all the services that were suggested by GDAX, including security, APIs, and trading fees.
Coinbase Voor will also integrate the Paradex relay toneel, which will greatly increase the types of digital assets that users can trade. Armstrong termed the acquisition spil a reinforcement to “Coinbase’s commitment to investing ter decentralized infrastructure and participating te the nascent world of wallet-to-wallet trading.” Originally, the service will only be available to international customers. For US customers, the service will be suggested spil a bulletin houtvezelplaat, spil is common te the equities market, according to Hirji. This is to ensure that the service remains compliant with US regulations, but spil time progresses, the total service will be made available. The Paradex app will be temporarily unavailable spil the company works to integrate its services with Coinbase.