THELOGICALINDIAN - In a bit of hasty account the accepted bitcoin barter and wallet Coinbase is rebranding to the Global Digital Asset Barter or GDAX for abbreviate
The acumen for the change is so that Coinbase can abutment added cryptocurrencies, and to start, they are activity to be ablution with Ethereum trading.
In a account fabricated to CoinDesk a short time ago, Coinbase Vice President of Business Development Adam White said,
Coinbase pivoting to add abutment for Ethereum shouldn’t appear as a absolute shock, as there accept been several added able-bodied accepted bitcoin exchanges to add abutment for it such as Kraken and Gemini.
Ethereum has been accepting acceptance over the accomplished several months in the crypto-community, in allotment due to the “bitcoin civilian war” which has been causing a countless of problems, and additionally back Etheruem handles acute affairs differently than bitcoin does. Acute affairs accept been seeing a lot of absorption afresh due to the possibilities that blockchain technology gives us.
An official advertisement from Coinbase is accepted to be fabricated tomorrow.
Update: Coinbase co-founder Fred Ehrsam responded to us on reddit, allegorical that the Coinbase barter (exchange.coinbase.com) is re-branding, and not accurately Coinbase.com. Coinbase.com will abide with the Coinbase branding.