Coinbase, for a while now, has been seen as a reliable place to purchase Bitcoins easily. Though the process of actually acquiring new coin wasn’t quite the joy ride one would expect — especially for new users. With verifications and slow ACH transactions, the process took time.
Today, Coinbase announced the option to instantly buy Bitcoin for new users without the 30-day waiting period previously required. The only required items are an identification verification and adding a backup credit card (only VISA for now).
The caveat here is that the limit is just one Bitcoin, but it’s certainly a great way to get newbies in on Bitcoin without the traditional waiting period.
Read the official blog post here.