If you have been following the Bitcoin mania, which has seen the cryptocurrency spike from just $1,000 to more than $19,000 this year, then you won’t be surprised to find out that Coinbase, the world’s biggest and most trusted exchange to buy, sell and store Bitcoin, is the No. 1 iPhone app in the U.S.
As first reported by Recode, Coinbase was ranked around 400th free app in the App Store just a month ago but has spiked to the #1 spot due to the surge in Bitcoin prices.
Coinbase has made it very simple to buy virtual currencies like Bitcoin, Ethereum, and Litecoin by connecting your bank account, credit card, or debit card. It has helped them to be at the center of the speculative frenzy that has driven the value of Bitcoin by over 2,000 percent and Litecoin by over 5,000. To get an idea how wildly the price of Bitcoin has been fluctuating, the price of the virtual currency was just over $10,000 when we did the how to buy Bitcoin on your iPhone article last week. Since then it has spiked to $19,000 last night, almost twice the value. And it is now back to around $15,000 at the time of writing this post.
If you’re planning to buy Bitcoin or any other virtual currency, then Coinbase is the best place to start. If you use this link to signup for Coinbase, then we can even earn free Bitcoins. Once you buy or sell $100 of digital currency or more, we both will get $10 of free bitcoin.
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