The popular US cryptocurrency exchange Coinbase has announced that it will allow its nearly 68 million users to make information about their wallets more easily available to the public.
The crypto exchange app now includes a feature that shares a user's allocation percentage - not balances - to their network of friends, said senior product manager Reshav Mukherjee.
This will be the first step in the coming weeks for users to start sharing additional details about Coinbase trades, Mukherjee added.
We want to enable the crypto-economy to share knowledge and information and learn from each other, according to Coin Telegraph.
With 8.8 million monthly active users reported as of the second quarter of 2021, Coinbase is the largest crypto exchange in the United States, with revenue over About $1.2 billion in the third quarter. The company's total profit was $406 million in the same quarter, down 74.7% compared to the second quarter profit.
Social media integration is a pretty new step for Coinbase, although some might consider major figures publicly revealing even the percentage of their money allocation as an indicator to the market.
This week, billionaire Apple CEO Tim Cook revealed for the first time that he holds some cryptocurrencies in his wallet, but did not specify the type and amount.
