Coinbase CEO Alludes to New Machine Learning-Based Price Alert

Brian Armstrong, CEO of the major US-based cryptocurrency exchange Coinbase, recently held a live ask-me-anything (AMA) session where he revealed an upcoming upgrade to the price alert notification system on Coinbase.

Machine Learning Price Alerts

Coinbase currently allows users to manually set alerts so that when a coin reaches a certain price, they’ll receive a notification. However, Armstrong reveals that the firm wants to revamp this feature by leveraging machine learning, which will include push notifications for price movements and other relevant market changes.

Armstrong also hinted at another potential feature for reviewing and rating potential coins out of a million tokens. Features like these would benefit Coinbase users because they make crypto easy and bring simplicity to the space.

The Coinbase CEO said they try to do two things at Coinbase and they try to do them very well. Explaining further, he said:

“We try to make products that are the most trusted and that could mean security and compliance and all that stuff, and we also try to make products that are easy to use. and crypto is so complicated that the vast majority of people out there actually still find it way too difficult to use.”

Another thing Coinbase does very well is the spreading of crypto adoption. As previously reported by IIB, Coinbase recently launched USD Coin stablecoin (USDC) in over 85 countries. This is a move that will help to spread the adoption of cryptos and provide countries with high rates of inflation a stable store of value.

What will Coinbase come out with next? Let us know what you think in the comment section below.

Jeremy Wall

Jeremy is a financial writer and aspiring investor. He is also a cryptocurrency enthusiast that’s fascinated with blockchain technology and the financial markets. When he’s not researching and learning about cryptocurrency, he’s traveling the world with his dog and girlfriend.

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Jeremy Wall
Tags: Coinbase machine learning

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