Coinbase has announced news it has launched its services across six additional European markets as part of an aggressive expansion. The market-leading crypto exchange is planning a more aggressive approach in 2019 by pushing the boundaries in exciting new global markets.
The San Francisco-based crypto exchange is expanding its trading platform to new markets in Europe that include Lithuania, Gibraltar, Iceland, Guernsey, Andorra and the Isle of Man.
Coinbase announced the news on Thursday that it will be launching its trading platform in six new areas in the European market that will take its catchment to 33 countries in total across the planet.
The crypto exchange was first launched back in 2012 and has become a stalwart for the cryptocurrency sector over the past six years. The news shows that Coinbase is planning big things in 2019 in their quest to simplify the process of buying and selling digital assets, especially across Europe.
In the statement, Coinbase laid out their intentions by saying:
New customers in these markets will be able to make full use of Coinbase.com and our iOS and Android apps, allowing them to buy and sell cryptocurrencies on the Coinbase platform for the very first time. We also hope to make Coinbase Pro and Prime available in these regions over time.
In their quest to push for greater crypto adoption, Coinbase will be taking a more proactive and aggressive stance over the next 12-months. The exchange confirmed that it plans to expand even further across the crypto-sphere by saying:
Next year we will continue expanding rapidly into new regions and adding assets to the Coinbase platform to meet customer demand.
Earlier this week, we reported that the exchange was now offering crypto to crypto conversions for its U.S. customers that are geared to simplify the process of converting their cryptocurrencies onto other digital assets.
The new conversion feature will allow U.S. users to convert between a host of cryptocurrencies that include Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, and 0X.
With its expansion across Europe and other parts of the international market, one can only assume that these conversion features will be coming to a Coinbase platform near you in the not-too-distant future.
If you are a resident of one of the six new European markets where the Coinbase trading platform is now available, you can sign up right away to get your account.
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Last modified: June 12, 2020 11:14 AM UTC