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2️⃣ Focus on finding “your people.” Instead of launching with a TechCrunch feature or a tweetstorm, Armstrong posted announcements on Tumblr (where Coinbase’s blog lived until 2016), Hacker News, and Reddit - places where his target customer spent a lot of time! Reddit was a particularly important acquisition source, as the early crypto community congregated here. In a (now-deleted!) post on r/Bitcoin, Armstrong offered 0.10 BTC to users who emailed in feedback on the site. Online retailer accepting dogecoin option Coinbase was hacked in 2021, when a security flaw in Coinbase’s account recovery system compromised the accounts of at least 6,000 Coinbase users. Coinbase quickly patched the vulnerability and reimbursed users in full.

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“We dealt with transactions being flagged as fraud that weren’t. We dealt with transactions that were too large or weren’t working out with Coinbase,” he said. “If you sell a bag for $30,000 in bitcoin, and that’s more than Coinbase’s weekly limit that they can cash people out at, it starts creating problems.” Welche Folgen hat das Halving auf den Bitcoin-Preis? Coins

Crypto wallet app Abra expands support for Ethereum (ETH)

While working in blockchain industry for over 3+ years I realized there are many unintuitive apps that are difficult to use. As I had difficulties buying coins using the Abra’s app, I assumed other users also have same issues. Through this UX case study, I will help pursue Abra’s mission statement “cryptocurrency investing simplified.” Abra Secures Major Acquisition of Valkyrie Crypto Trusts Hamster Kombat is more searched than Bitcoin in several European, Asian, and African countries. Image source: Google Trends

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