Coinbase’s entire mission is to make sure their customers are happy, which they ensure with constant new features and new services.
However, when rolling out a new benefit, there are often times that other countries are not immediately added, which means some jurisdictions have to wait for access.
The platform recently made crypto-to-crypto conversions and trading services available to consumers, though these options were only available in 32 countries. In an effort to reach more of the crypto community, Coinbase has added 11 more countries in both Latin America and Southeast Asia.
The newly added countries include:
- Hong Kong
- South Korea
- The Philippines
- New Zealand
The services available will be through both Coinbase.com and Coinbase Pro, the trading platform. Altogether, Coinbase is now present in 53 countries and is available in four continents. As Coinbase sees it, the industry is progressing from an “investment phase” to a “utility phase,” which means that the door will be opened to many use cases that were not formerly considered.
In the data available from Coinbase, it looks like the company direct crypto-to-crypto trading have surpassed that of the fiat-to-crypto trading over the last year. The “verified” figured with Coinbase show that the crypto-to-crypto trades are not 51% of the total trading, rather than the 41% that was recorded in August last year.
Retail customers only just started to have crypto-to-crypto trading support for retail customers at the end of last year, which gave them access to Coinbase.com, along with the Coinbase apps. These features were previously only available for customers at the professional level.
To view the full post on Medium, visit https://blog.coinbase.com/expanding-crypto-to-crypto-support-to-more-countries-around-the-world-42905b733a30.