Coinbase allowing larger deposits, and the ability to buy coins before deposit funds settle...

One annoyance seen posted about often in cryptocurrency forums is the wait time between a bank deposit, and being able to actually spend those funds (typically 5 days) with CoinBase.

Today the company announced that will change, in an announcement on their blog Coinbase explains:

"Today we’re announcing immediate trading and significantly higher default limits for Coinbase accounts. Starting today, we are rolling out the ability to trade cryptocurrency immediately after a purchase — no more waiting five days for funds to settle. Most customers will also see their trading limits increased to $25,000 per day. This functionality will be available for US customers over the next few weeks."

The changes will officially take place within the next few weeks.

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Author: Justin Derbek
New York News Desk