29 11 / 2013
In support of Bitcoin Black Friday, Coinbase is waving all fees for the day. You can now buy and sell bitcoins all day with zero fees (12:00am PST to 11:59pm PST).
Happy holiday shopping with Bitcoin!
26 11 / 2013
13 11 / 2013
Part of our goal at Coinbase is to make acquiring Bitcoin as easy as possible. Since August, we’ve had an instant-buy feature available to users who have made a purchase and been with us for 30 days.
Starting today, all new Coinbase users can acquire a small amount of bitcoin (just 1) without the 30-day wait period provided they meet the rest of the required verifications (verifying their ID and adding a backup credit card).
Traditionally it has taken a few business days for new users to acquire bitcoin for the first time, even though they want it immediately. With this change, a bitcoin newbie can acquire their first bitcoin in the time it takes to link and verify their payment methods - 10 minutes or less.
Check it out and try buying some bitcoin instantly!
And while you’re at it, let your friends know that they too can get their first bitcoin in a matter of minutes. If you use our referral options, both you and your friend will get $5 of Bitcoin!
05 11 / 2013
We’re excited to announce two great additions to the team: Martine Niejadlik as Chief Compliance Officer and Adam White as Director of Business Development.
Martine Niejadlik - Chief Compliance Officer
Martine brings 20 years of experience leading risk management and compliance management solutions for financial institutions and payment leaders across the Web. Prior to Coinbase, Martine was the VP of Compliance and Support for Boku, Inc., a company providing mobile billing solutions in 68 countries. In addition, Martine has also led risk management teams for PayPal, eBay and Amazon. Martine was one of the original lead developers of the FICO score. Martine is also a founding member of the Merchant Risk Council, a leading global non-profit organization that promotes operational excellence for fraud, payments and risk professionals within e-commerce.
Adam White - Director of Business Development
Adam previously worked as a consultant at Bain & Co. and a product manager at Activision Blizzard. Prior to that, he tested experimental aircraft as a Captain in the United States Air Force. He holds an MBA from Harvard Business School and a BS in Optical Engineering from the University of California, Davis. If you’re a merchant looking to add Bitcoin as a payment option, you can reach him at merchants at coinbase dot com.
Welcome Martine and Adam!
22 10 / 2013
We’re excited to announce our iOS app is now available on the App Store!
To protect your Coinbase account you can set a pin code in the app, and even remotely disable access if you phone is ever lost or stolen.
Give it a try and let us know what you think!
22 10 / 2013
We’ve gotten a lot of requests to extend our referral program to our send bitcoin via email feature. We agree and think that sending someone some bitcoin to their email address is the best way to refer someone new to Bitcoin. So, starting today, if you send bitcoin to someone new via email, you will get a $5 referral bonus if they create an account and end up buying or selling at least one bitcoin.
The referral bonus is double-sided, so both you and the user you referred get $5 worth of bitcoin when they activate their account and buy or sell at least one bitcoin.
21 10 / 2013
We’re big fans of reddit, and have long wanted an easy way to send people bitcoin “tips” through the site. When someone makes a particularly educational/funny/awesome comment, it would be great to send them a tiny amount of bitcoin - both to reward them and help spread awareness about bitcoin.
Luckily, Coinbase’s free micro-transactions make this possible. We spent some time thinking about how to make the process as simple as possible for people new to bitcoin, since this would be key to adoption outside of the main bitcoin sub-reddit.
Matt Corallo helped us out last week by putting together a Chrome Extension that brings it all together. You can install it by clicking here.
The extension adds a small “give bitcoin” link next to posts and comments when you visit reddit.
Try clicking a link and it will ask you to authenticate with your Coinbase account (or sign up if you don’t have one).
Once you’ve signed in you can now send bitcoin tips on reddit!
The recipient will get a private message on Reddit with a link to claim their funds the first time they receive a tip. Future tips will flow right into their Coinbase account (so they won’t get spammed with messages for every tip).
Any tips you send which go unclaimed will be returned to your account automatically after 60 days.
21 10 / 2013
The Coinbase plugins for Magento and ZenCart are now available! Magento and ZenCart are the two most popular shopping cart plugins on the web, powering over 50,000 active online stores. It’s now super easy for these stores to accept bitcoin with no fees on their first $1,000,000 in payment processing and no code to write. Setup is super simple as well; first, copy the plugin files into your website root. Then open your administration console and follow the instructions to connect a Coinbase account:
The plugin will only be able to access merchant tools, preventing access to any bitcoin inside your account. After setup, ‘Bitcoin’ will appear as an option for your customers checking out! Checkout is super easy with two click checkout for over 300,000 Coinbase users.
17 10 / 2013
Firebase launched an awesome embeddable Bitcoin price ticker today, powered by the Coinbase API.
Head on over to BTCQuote.com to check it out.
This is a great way to embed the current price in your website or news article if your readers have an interest in the current bitcoin price.
And it’s a great example of what can be done by the community when you have an open api.
If you’re a developer and haven’t heard of Firebase, check them out - we keep hearing their name from various developers we meet here in San Francisco.
16 10 / 2013
These work great to collect payments, but (until now) required some custom integration to collect shipping addresses or email addresses from customers. We got some feedback from merchants that they wanted this capability built right into our merchant tools - so we’ve added it!
If you check the first option (for example), the customer will see a checkout experience like so:
This extra data gets sent back to you in a few ways:
- In your order notification email
- In the callback to your website
- On the order page in your account
To learn more about how to accept bitcoin payments you can click here.