#CoinbaseInternational #CryptoTrading #SpotTrading #CryptoExchange #BTC #ETH #CryptoAssets #CryptoLiquidity
Coinbase International, a branch of leading cryptocurrency exchange Coinbase, has announced the introduction of spot crypto trading to cater to its non-U.S. clients. The organization envisions the implementation of spot trading to be in several stages, with their initial focus on building liquidity and establishing a robust foundation. In the forthcoming months, they intend to expand the offering with additional elements including retail users and extra digital assets. Furthermore, they also plan to include features that promote new trading strategies and improve capital efficiency.
This latest addition to the exchange’s lineup adds BTC-USDC and ETH-USDC pairs, opening up new opportunities for non-U.S. institutional clients. Coinbase International Exchange was first launched in May 2023, accessible only to non-U.S. clients in specific jurisdictions. It provides access to a range of cryptocurrencies including BTC, ETH, LTC, XRP, SOL, and AVAX perpetual futures contracts. Since its launch, the platform has registered over 100 institutions and witnessed nearly $10 billion in trading volume in the third quarter alone. The new spot trading service aims to further expand its user base and increase the exchange’s overall reach within the crypto market.
Image: https://weeklyfinancenews.online/wp-content/uploads/2023/08/bitcoin-5.jpeg
Comments are closed.