Popular bitcoin buying/selling house and wallet provider Coinbase has today announced that they’ve crossed the 650,000 user mark. The announcement comes days following some incredible news that the company received $25 million in investor funding from Andreessen Horowitz to improve their operation.
The company notes that when the year started, the service had only 30,000 user wallets, and says that the “average number of Coinbase transactions [they’re] seeing per day has grown even faster, and was up by more than twenty-fold in November from January.”
With a supplied chart, you can clearly see that the user registration aligns with bitcoin’s incredible climb in price in October through November. Most of these users are male (many between the ages of 25-34), but Coinbase says that 12.5 percent of their base is women — up from 5.8 in October.