The New York Case Study
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Coinbase Exchange operates a maker-taker model. Orders that provide liquidity are charged different fees from orders taking liquidity. The fee is assessed as a percentage of the match amount (price * size).
Use the calculator to get a rough estimate of the exchange rates.
*Calculation of prices is constantly changing.
Bitcoin businesses are leaving New York state due to the BitLicense. This makes digital currency services and bitcoin exchanges illegal unless you have a license. Since most of the BitLicense rules and regulations are not favorable for business, including unnecessary fees while gathering and sharing customer data, many easy to use services and great trading exchanges are not going to be offered in this state.
Coinbase.com has applied for the Bitlicense and is one of the few ways to buy and sell Bitcoin in New York. Click Get Started and begin trading in one of the safest and oldest names in Bitcoin trading. If your a business, sign up and accept bitcoin today. Welcome to the future of economics.
Million New York Residents Affected
US State Affected by Bitlicense
Buying Bitcoin is safe and easy?
Instant Exchange allows you to send bitcoin and pay for it with your local currency from the same page. You can also receive bitcoin and Coinbase will execute an instant sell in the background. The sell will credit funds to your local currency wallet.