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Coinbase Just Moved $5 Billion for Altcoin Expansion


Coinbase has been extremely active with its ’12 Days of Coinbase’ marketing initiative. The cryptocurrency exchange has been releasing daily updates on its company for the last ten days. Yesterday’s announcement was the biggest yet.

Coinbase Moves $5 Billion

On day one, the cryptocurrency exchange announced that its users could buy e-gift cards from a wallet on its platform through WeGift. Vendors supported on WeGift include Uber, Nike, and many others.

On day five, Coinbase announced that it had teamed up with PayPal, and the platform now offers PayPal withdrawals in the US. The …

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