The frenzy around digital money is likely to intensify as San Francisco-based Coinbase announced on Thursday that customers will be able to purchase bitcoin and two other currencies instantly from U.S. bank accounts.
This is significant because Coinbase is the biggest U.S. bitcoin exchange and, until now, customers have had to wait for several days to receive their digital currency. Here’s the official announcement:
We are excited to announce the ability for customers to instantly purchase digital currency using a U.S. bank account. Previously, customers who purchased using a bank account had to wait several days before receiving their digital currency. Customers can now buy up to $25,000* and receive access to their digital currency immediately.