Coinbase CEO Claims The Company Saw 40,000 User Registrations in one day

Although the COinbase exchange is going through issues, it is for a positive reason. A lot of cryptocurrency trading platforms are seeing unexpected growth lately. Poloniex blamed their string of convenient DDoS attacks on user growth. Coinbase CEO Brian Armstrong now claims the company had 40,000 new user registrations in one day. An interesting statement, although it is always difficult to verify such claims.

Coinbase User Growth is a Positive Trend

Given the recent Bitcoin price spike, increased interest in cryptocurrency is the logical outcome. A lot of consumers are looking to buy Bitcoin as of right now. Prominent companies in the cryptocurrency world will see large growth as a result. For Coinbase, that growth is slowly materializing. A recent tweet by Brian Armstrong claims how 40,000 users signed up for the service in just one day.

.@coinbase had 40,000 new users sign up in *one day*, or approximately one San Francisco Giant’s Stadium.

— Brian Armstrong (@brian_armstrong) May 26, 2017

That is quite a bold claim, albeit one that can be somewhat justified. Coinbase has grown exponentially over the past few years. Now that the company enabled Ethereum as well, more growth will occur over

Read more ... source: NewsBTC USA

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