May 6th, 2013

Coinbase Now Processing $15M Per Month In Bitcoin Buys and Sells

Back in February we announced that over $1M USD worth of bitcoin was being bought and sold each month on Coinbase.

Here we are a little less than 3 months later and we’re now doing $15M USD per month of bitcoin buys and sells.


Growth has been heavily constrained also, as you’ve noticed if you’ve seen the “sorry we’ve reached the maximum number of buys for today” message.  Most days we’ve been reaching our maximum amount of buys within an hour or two.  Some fixes for that are in the works.

Suffice to say, awareness about bitcoin is growing quickly!

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