US-based Coinbase crypto exchange recently announced that it had finished GBP rollout for all its UK customers. This eliminates the clients’ dependence on US dollars or Euros to trade in cryptocurrencies. It also removes one step from the crypto trading experience, making it easy and simple. GBP support is live for both Pro and Prime customers.
According to UK CEO at Coinbase Zeeshan Feroz, Account transfers are now projected to take an average of 30 minutes. UK customers who are using Coinbase Pro and Coinbase Prime will now for the first time be able to buy main cryptocurrencies like Bitcoin and Ethereum without the requirement to convert funds from British Pounds to Euros and vice versa, thus avoiding exchange rates and extra fees for foreign currency transactions. The exchange has gathered FCA license to strengthen its presence in the UK.
Coinbase crypto exchange has also revealed that it had attained a bank account with the UK’s largest bank, Barclays. The deal marked the first main corporation between a UK bank and a cryptocurrency exchange.
It recently launched a new asset listing outline and also added support for Ethereum Classic. As per the news published in Unhashed, it also reshaped and rebranded its wallet from Toshi to Coinbase Wallet.
Another cryptocurrency exchange looking to cover the method for British Pound trading pairs is Binance. The company recently announced in June that it had signed a memorandum of understanding with administrators from Jersey, an island off the coast of Britain, with the purpose of launching a crypto to pound exchange.
As per Blokt, the new developments at Coinbase crypto exchange suggest that it wants to establish itself as a foremost crypto platform. It also announced Coinbase Bundle a service that allows users to purchase a market-weighted selection of cryptocurrencies obtainable on Coinbase. It has been offering 5 digital coins for users transactions. Besides, it has also launched Coinbase Learn, an educational initiative geared toward helping newbie investors understand the crypto marketbetter.
The post UK Customers Can Now Deposit And Sell Using GBP On Coinbase Crypto Exchange appeared first on OWLT Market.
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