Coinbase App Update Enables Mobile Sign Up

Coinbase has updated its iOS and Android apps to enable new users in the US to enroll via their mobile phones or tablets.

Previously, users could only sign up for the service and link their bank accounts via a desktop browser.

The app improvements follow statements made by Coinbase CEO Brian Armstrong at the time of the company's $75m Series C fundraising, when he said development of the company's mobile product was to be a key focus this year.

This emphasis on pursuing a mobile-first strategy for an eventual expansion into emerging markets was echoed by Coinbase developer Ankur Nandwani, who told CoinDesk:

Additional updates to the apps include support for older Android devices, instant bitcoin buying for European users and a new customer bonus program that enables new users to obtain 100 bits or around 2 cents.

Banks supported by Coinbase's instant onboarding include Bank of America, Capital One, Charles Schwab, Chase, Citibank, Fidelity Investments, US Bank, USAA and Wells Fargo.

For all other banks, US consumers are able to onboard using deposit verification.

Mobile phone user via Shutterstock