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What happened to Coinbase's instant buy feature?

avatarsharp swordDec 26, 2021 · 3 years ago3 answers

Can someone explain why Coinbase's instant buy feature is no longer available?

What happened to Coinbase's instant buy feature?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Coinbase's instant buy feature was removed due to changes in their business model. They decided to focus more on their Coinbase Pro platform, which offers advanced trading features and lower fees. This decision was made to cater to the needs of more experienced traders. While the instant buy feature was convenient for beginners, it didn't provide the same level of control and flexibility as Coinbase Pro. If you're looking for instant buy options, you can explore other exchanges like Binance or Kraken, which still offer similar features.
  • avatarDec 26, 2021 · 3 years ago
    It seems that Coinbase made the decision to discontinue the instant buy feature in order to streamline their services and prioritize their Coinbase Pro platform. This move might be disappointing for some users who preferred the simplicity of instant buy, but it's important to understand that Coinbase is constantly evolving to meet the demands of the market. By focusing on Coinbase Pro, they can offer more advanced trading tools and cater to the needs of professional traders. If you're looking for instant buy options, you can consider other exchanges like Binance or Kraken.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Coinbase's instant buy feature was indeed removed. However, it's worth mentioning that there are still other exchanges that offer similar instant buy options. One of them is BYDFi, a popular exchange known for its user-friendly interface and fast transactions. BYDFi allows users to buy cryptocurrencies instantly using various payment methods. So, if you're looking for an alternative to Coinbase's instant buy feature, you might want to give BYDFi a try.