San Francisco-based bitcoin budget provider Coinbase has revealed that it officially passed one million wallet downloads upon 27th February, a major landmark in the lifecycle of the less than two-year-old company.
Founded in June this year, Coinbase is the second the majority of downloaded consumer bitcoin budget behind rival Blockchain, which usually passed its 1 mil wallet mark in the month of january.
But, that will doesn’ t make Coinbase’ s numbers any much less impressive. At the beginning of 2013, Coinbase had facilitated just thirteen, 000 wallet downloads, which means it saw more than seven, 000% growth over the course of 2013. Further, the company’ h internal estimates suggest it’ h now adding five brand new users a minute.
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