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Cryptocurrency Exchange Coinbase has expanded its crypto to crypto trading services to 11 other countries through its Coinbase.com and Coinbase Pro platforms.
The exchange will provide services to 10 other countries in Latin America and South-East Asia and will also develop in New Zealand. With the latest launches, Coinbase has extended its reach in 53 countries, on four continents. Customers from new jurisdictions will be able to store, exchange, send and receive cryptocurrencies.
Countries
- Argentina
- Mexico
- Peru
- Colombia
- Chile
- India
- Hong Kong
- South Korea
- Indonesia
- Phillipines
- New Zealand
Since last August, Coinbase indicates that the majority of its customers carry out crypto to crypto transactions.
"The direct trade between cryptos is more and more the new standard and last year it surpbaded the traditional fiat of crypto trading around the world. Millions of Coinbase customers can now securely and quickly exchange different cryptos and send crypto off-platform at their convenience. "
Coinbase, the largest cryptocurrency trading center in the US, says digital badets are moving from an investment phase to a utility phase where new use cases will arise.
"It could take the form of decentralized versions of traditional financial services like loans or micropayments or real cryptographic applications that no one has thought of yet. The possibility of switching from one crypto to another will be the backbone of this new decentralized economy. "
Earlier this month, the company announced the launch of its new Visa card in the UK. Coinbase says it will support other European countries in the coming months. Until now, no plans to launch the map outside of Europe have been announced.
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Disclaimer: The opinions expressed in Daily Hodl do not constitute investment advice. Investors should exercise due diligence before making high risk investments in Bitcoin, Cryptocurrency or digital badets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling crypto-currencies or digital badets, and the Daily Hodl is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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