Coinbase has announced the launch of its Instant Exchange, which will allow users to buy and sell bitcoin whilst protecting them against the digital currency's price volatility.
Users with euro, dollar or pound Coinbase accounts will be able to purchase or sell bitcoin directly on the company's website.
Once their instant buy or sell order has been executed, the funds will be withdrawn from or credited to the users' local currency wallet.
Coinbase said in a blog post:
The news comes shortly after Coinbase announced it was suspending operations in Wyoming due to regulatory legislation.
Bitcoin and dollar image via Shutterstock
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