Crypto Exchange Coinbase will open a new Office in Portland

Providers and exchanges the U.S. crypto wallet, Coinbase has announced on July 28, to set up its new Office in Portland. This new startup will allow users to buy and sell cryptocurrency and also plans to employ up to 100 people.

After the storm hit critics hard in terms of customer service, Coinbase finally announced to set up a new Office in Portland, Oregon. However, the new arrangement is said to be centered on customer support, finance, compliance, IT and HR.

Recently, the U.S.-based Exchange cryptocurrency, Coinbase has been investigated with the harsh criticism that it's any less ready and overwhelmed by the pace of its growth. It has 134 pages that are actually worth the complaint with the SEC (Securities and Exchange Commission), according to Mashable through Freedom of Information Act (FOIA) five months.

The spokesman explained that the Coinbase;

"In the year 2017, cryptocurrency space experience improvement in growth and in the consciousness of the mainstream. THE [...] As part of that, consumer demand for our services increased by 40 x and trading volume we experienced in November and December of that year which grew by 295 per cent ".

In spite of these criticisms, there is such a relief after the exchange of cryptocurrency made an announcement recently about its plans to establish an Office in Portland in 2018.

Vice President of operations and technology Coinbase, Tina Bhatnagar said it;

Opening new Office in Portland will help us exploit the open-source community and blockchain a very talented and innovative. We hope to involve the collection of rich people in the city and a thriving technology community<

Earlier this month, the Coinbase announced that they were entering the market of Japan. The Exchange said that it will apply for a license with the financial services Agency (FSA) of Japan.

Coinbase first starting in 2012; with $150 billion assets trade boasted more than 20 million users. Currently, users can trade the BTC, ETH, LTC, and BCH and soon will add Ethereum Classic (ETC).