News

Coinbase Enables GBP Trading, Launches New Products

Coinbase has rolled out GBP trading for its UK users and has also launched three new products.

Zeeshan Feroz, CEO of Coinbase UK announced:

As of today, all UK customers now have the ability to deposit and withdraw GBP on Coinbase, Coinbase Pro and Coinbase Prime. If you’re a customer in the UK and don’t see your GBP wallet, check your account settings and make sure your country is set to UK.

Instead of converting Pounds into Euros to buy Cryptocurrencies, Users in the UK can now buy Cryptocurrencies directly with the domestic GBP payments in less than 30 minutes according to their Blog.

New Products

Coinbase currently lists Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash and Litecoin. But recently the San Francisco based company renewed their listing policy which basically will enable them to list new Crypto assets rapidly.

Coinbase has been coming out with new products to enable a better experience to its users, Last month it launched the Coinbase wallet (previously Toshi) to enable users to own Crypto assets and interact with people on a single platform. Coinbase Prime and Coinbase Custody were also launched this year to service the traders and institutional investors.

Coinbase Bundle

Coinbase’s new suite of products includes educational materials and ‘Coinbase Bundle’ which is an easy way for users to buy and hold multiple Cryptocurrencies.

Education is an important aspect of the Crypto market, Coinbase is addressing this problem by launching ‘Coinbase Learn‘ where people can learn all about Cryptocurrencies from scratch. The platform will provide an in-depth analysis of Crypto assets and will update it regularly.

Coinbase has also introduced Crypto Assets Page which lists the top 50 Cryptocurrencies based on their market cap. The company has plans to add more to the list in the future.

Coinbase Tweeted:

Recently, Coinbase was featured in a long-form article by Fortune Titled ‘Coinbase Wants To Be Too Big To Fail’ which went on to give an in-depth insight of the Silicon Valley giant.

Brian Armstrong, CEO of Coinbase said:https://twitter.com/coinbase/status/1045521547904135168

“Coinbase became the first U.S. cryptocurrency startup to earn a $1 billion “unicorn” valuation from investors, and the first to bring in $1 billion in annual revenue.”

Also Read:


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

Share
Published by
Shrikar Parashar
Tags: GBPUK

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

2 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

3 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

4 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

4 months ago