DigitalTangible Integrates Coinbase Wallets for Bitcoin, USD Trading with Precious Metals

DigitalTangible says that it has integrated Coinbase's bitcoin and USD wallets into its platform.

The service originally launched in 2014 when it introduced functionality to register gold purchases on the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term. The objective was to make it easier and cheaper to buy precious metals, which traditionally would take several days to become registered under their new owners.

Users with a Coinbase account can now buy gold and silver using their BTC or USD balances, which potentially makes the process even easier. Founder and CEO Taariq Lewis explained:

"We aim to make the transaction experience for our precious metals traders and dealers as seamless as possible. Since bitcoin payment is the fastest way to secure precious metals in the industry, we wanted to differentiate ourselves by making this process even faster by using Coinbase."

The move was also strategic in leveraging Coinbase's leading wallet and vault services, which has yet to experience a major breach and boasts over 2 million users, as opposed to DigitalTangible Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term a wallet of its own.

The firm is now among several that have sought to digitize gold or make it tradable with bitcoin. The two assets are sometimes compared to having deflationary characteristics. Netagio originally launched a gold-inspired bitcoin storage solution, and then facilitated trading between the two before transitioning entirely to bitcoin services.