Increasing crypto-to-crypto assist to extra international locations around the globe

By: Linda Xie, Coinbase Professional; Dan Coffman, Client Buying and selling

Introducing crypto-to-crypto conversions and buying and selling to extra international locations by means of Coinbase and Coinbase Professional

One yr in the past, Coinbase served clients in 32 international locations throughout two continents. Over the previous 12 months, certainly one of our primary priorities has been to carry Coinbase providers to individuals in all corners of the globe. At the moment we’re excited to welcome 11 extra international locations throughout Latin America and Southeast Asia to the cryptoeconomy by permitting clients to retailer, commerce, ship, and obtain cryptocurrencies on Coinbase Professional and — rising the attain to 53 international locations, unfold throughout 4 continents.

Direct buying and selling between cryptos is more and more the brand new norm and within the final yr has overtaken conventional fiat to crypto buying and selling throughout the globe. Thousands and thousands of Coinbase clients can now securely and shortly commerce between totally different cryptos and ship crypto off-platform at their comfort.

Footnote up to date, earlier footnote referenced that chart was primarily based on Coinbase-only quantity.

As crypto strikes from the present “funding section” into what we name the “utility section,” a number of latest use circumstances will current themselves. This might take the type of decentralized variations of conventional monetary providers like lending or micropayments or actually novel crypto functions that nobody has even considered but. The power to transform from one crypto to a different will kind the spine of this new decentralized financial system.

Realizing our mission of making an open monetary system for the world begins with making it as straightforward as potential to entry crypto. With immediately’s announcement, we’re blissful to take an vital step in that course.

Prospects in Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand can now enroll on and obtain our iOS and Android apps, or join a Coinbase Pro account, to entry crypto-to-crypto buying and selling choices.

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