Bitcoin breaks 40,000, setting a new record; Coinbase launches instant purchase service

On October 13, Beijing time, the price of Bitcoin on some exchanges successfully broke through the 40,000 yuan mark, setting a new record high. At the same time, in response to its growing customer demand, digital currency exchange Coinbase has announced that some of its users will be able to buy Bitcoin, Ethereum and Litecoin "instantly".

The new service is currently only available to users with U.S. bank accounts and for transactions up to $25,000. However, Coinbase said it plans to expand the instant purchase service to other countries in the coming months.

The company said that previously, such transactions would take customers several days, but with this new service, customers can access their purchased cryptocurrencies immediately after completing the fiat currency payment.

Coinbase has previously been criticized by customers for its services, and the launch of this new service may be welcomed by its customers. Coinbase has said that the rapid growth of users has led to various problems in recent months, and it has promised to invest more money to improve customer service resources.