RATE Group | Coinbase Drops Its Crypto Bundle Product Without Any Explanation
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Coinbase Drops Its Crypto Bundle Product Without Any Explanation

22 Jul Coinbase Drops Its Crypto Bundle Product Without Any Explanation

Posted at 11:23h in Cryptocurrency News by

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Major United States-based crypto exchange Coinbase has discontinued its Coinbase Bundle crypto investment offering, the platform’s updated FAQ site reveals.

Coinbase Bundle product is no more

Reasons for discontinuation of the product — which had only just launched in fall 2018 — have not been officially provided, with the exchange simply notifying users that:

“Coinbase Bundle purchases have been deprecated, as such all assets purchased in the Coinbase Bundle have been redistributed to their respective individual asset wallets.”

In a further comment, Coinbase says that while users will no longer see a standalone wallet for their Coinbase Bundle purchases, the amount of cryptocurrencies purchased as part of the package will not have changed and is thus “a cosmetic-only change.”

Coinbase Bundles has been designed to purportedly simplify cryptocurrency trading and draw new investors into the sector. 

Each bundle was a basket of five cryptocurrencies — Bitcoin (BTC),

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