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Coinbase Gives Institutional Customers Access to More Fiat Trading Pairs
The exchange expanded the range of supported currencies to meet demand from international clients.
Coinbase has started offering institutional customers access to more trading pairs and payments options through fiat currencies, the cryptocurrency exchange said Friday.
STORY CONTINUES BELOW
- In a blog post, Coinbase said clients had been limited to purchasing crypto in their local currency only, but can now make deposits and withdrawals in USD, EUR or GBP.
- The exchange said it expanded the range of supported currencies following demand from international clients.
- On Monday, the exchange received a crypto custody license from Germany’s Financial Supervisory Authority (BaFin), allowing it to continue serving the German market.
Read more: Coinbase Debuts Savings Product With 4% APY on USDC Deposits
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
