Coinbase Bitcoin app becomes most downloaded app in the Apple Store

Coinbase Bitcoin app becomes most downloaded app in the Apple Store

The interest that bitcoin has managed to draw has been proven once again. The bitcoin app in the Apple Store has just become the most downloaded app. The app allows users to buy bitcoins. The app was created by Coinbase.

Coinbase is the best known and most popular cryptocurrency exchange. The popularity of the app increased as the price of bitcoin has managed to pass the $17,000 range, although it then fall back to the $15,500 range.

Coinbase was inaccessible for users to buy bitcoin

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Despite the success that Coinbase registered when it comes to its app, the company has also dealt with some criticism. Coinbase was actually unavailable for the most part of the day when bitcoin was experiencing a huge increase and decrease. This means that users were in the impossibility of checking their accounts or making any transactions related to bitcoin.

Coinbase was not accessible because of maintenance work that was being done on the website. However, it is important to mention that Coinbase was not the only exchange that was not accessible during the time when bitcoin passed $17,000.

Coinbase also dealt with some issues last week, when it was also criticised by users for not being available. However, the company remains one of the largest bitcoin exchanges at the moment.

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Bitcoin's volatility increases: the cryptocurrency traded over $19,000 and then fall to $15,500

Bitcoin's volatility increases: the cryptocurrency traded over $19,000 and then fall to $15,500