Coinbase quietly kills its loss-making cryptocurrency investment packages

Coinbase quietly kills its loss-making cryptocurrency investment packages


Further to shutting down its cryptocurrency index fund, Coinbase has seemingly closed its “Bundle” now too. According to an update on its FAQ page, spotted by The Block, Coinbase Bundles “have been deprecated,” with all assets in the bundle being “redistributed to their respective individual asset wallets” for users. The cryptocurrency exchange launched its bundles packages last September in an attempt to simplify the cryptocurrency buying process for new investors. It let investors buy a weighted package of Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and Ethereum Classic. Alongside the bundles, Coinbase also launched new asset pages and Coinbase Learn, a repository…

This story continues at The Next Web

Coinbase quietly kills its loss-making cryptocurrency investment packages
Source: The Next Web

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