Coinbase gives Crypto-to -Crypto Services to 11 more Countries
Coinbase, a major American Cryptocurrency Exchange and wallet provider have expanded its end to end Crypto trading in more Countries announced in an official blog post on 17 April.
Coinbase and it’s professional trading platform Coinbase Pro have likely introduced Crypto-to-Crypto conversion and trading in Latin America and Southeast Asia.
The products will also be available to further countries like Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand.
Hence after this move the above-mentioned countries will now to able to store, trade, send and receive the cryptocurrency. This can increase the number of Coinbase user drastically.
Coinbase further explains:
This could take the form of decentralized versions of traditional financial services like lending or micropayments or truly novel crypto applications that no one has even thought of yet. The ability to convert from one crypto to another will form the backbone of this new decentralized economy.
Other than this Coinbase also went through the phase of enhancement. Looking forward to this they have done several new developments while adding support for EOS(EOS), Augur(REP)and Maker(MKR) and has also expanded its cross border payments.
In the later developments, they have also added support for instant payments and also an option to convert them to their local currency.
Earlier this April Coinbase has also launched a Coinbase card together with Visa, interestingly allowing the United Kingdom-based customer to pay in-store and online through Cryptocurrency. This is done with the easy cause of instant conversion of the payments into fiat currency to complete the purchase in hand.
