Coinbase Starts with own Crypto Index Bundle

The vision of an open financial system depends on people’s ability to understand, explore, and choose cryptocurrencies.

Coinbase expects that millions of people will make their first cryptocurrency purchase in the coming years. But all too often, getting started can be overwhelming for people learning about crypto for the first time.

Today, Coinbase is starting to roll out a series of updates that simplify every step of the journey to owning your first cryptocurrencies:

  • Coinbase Bundle: A market-weighted selection of the five cryptocurrencies available to buy and sell on Coinbase. You can buy a bundle of 5 cryptocurrencies for as little as $25.
  • Informational Asset Pages: Asset pages to learn about the top 50 cryptocurrencies (by market cap) — including many that are not currently available to buy or sell on Coinbase.
  • Coinbase Learn: A new section of the Coinbase website to educate people who are new to cryptocurrency, answering some of their basic questions.

Coinbase Bundle — A brand new way to buy

Buying a single cryptocurrency can be easy if you know what you want. But knowing which cryptocurrency to buy — and feeling confident in the amount you purchase — is where a lot people lose confidence. The Coinbase Bundle takes the opposite approach.

Customers choose how much cryptocurrency they want to own. Using the current market cap at the time of purchase, Coinbase calculates a diversified portfolio of available cryptocurrencies that can be purchased with just a few taps. Bundles start as low as $25 and make it easy for anyone to own as much (or as little) of a stake in cryptocurrency as they see fit.

Once a bundle is purchased, the underlying cryptocurrencies are stored in their respective wallets and behave just like separate cryptocurrencies in your Coinbase account. You can buy, sell, send and receive each cryptocurrency as an individual asset. Coinbase Bundles begin rolling out today, and will be available to customers in the US and Europe over the coming weeks.

Helping People Understand, Explore and Buy Cryptocurrency

This article first appeared on blog.coinbase.com

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