The largest US cryptocurrency company Coinbase announced on Wednesday, April 17, the expansion of the geography of its services to 11 more countries.
In particular, Coinbase services became available to residents of Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand.
Welcome to the #cryptoeconomy with crypto-to-crypto trading. Read up on the news: https://t.co/j0pxcTxzE0 pic.twitter.com/yR5rkVYjeW
– Coinbase (@coinbase) April 17, 2019
According to a Californian company, it is about both a bitcoin and other cryptocurrency exchange service through the main website Coinbase.com, and the Coinbase Pro trading platform.
Thus, today Coinbase is present in a total of 53 countries on four continents.
The company also said that over the past year, direct trading between cryptocurrencies on its platform in terms of transaction volumes globally surpassed transactions in Fiat / Cryptocurrency pairs.
In particular, speaking of “verified” transactions, Coinbase says that in February 2019 they accounted for 51% of the total trading volume. Back in August 2018, this figure was at around 41%.
Also, according to the cited data, the volume of transactions in pairs of cryptocurrency / steyblecoin increased by 10% over this period.
Recall that last week Coinbase announced the launch of a Visa debit card. Initially, the service is available only to customers from the UK, but in the coming months, the company plans to expand it to other European countries.
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