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Coinbase Redesigns Wallet Website for Digital Assets
Coinbase has launched a redesigned version of its website, an unveiling it said marks its transition from a wallet to a digital asset exchange.
By Stan Higgins
Updated Sep 11, 2021, 12:36 p.m. Published Nov 8, 2016, 6:29 p.m.
Coinbase is changing up its user experience.
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late last month, the updated dashboard helps bridge the two main parts of Coinbase's business – a bitcoin storage tool and exchange. Coinbase launched the new user experience today, a move that takes it out of an early beta trial.
The redesign follows a busy year for Coinbase. So far, the bitcoin startup has embraced ethereum (despite criticism from some quarters of the community) and raised $10.5m in new funding from sources including the Bank of Tokyo Mitsubishi UFJ.
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The company even launched trading for litecoin this summer.
In sum, those events signaled Coinbase’s shift from serving primarily as a bitcoin wallet to an exchange for digital currencies and assets – an evolution the startup actively invoked when unveiling the new dashboard.
"This launch is an early but significant step in our transformation from a wallet to a digital asset platform," the company said in a blog post.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Coinbase.
Images via Coinbase, Shutterstock
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