Coinbase expands by opening shop in 11 new countries
Coinbase, one of the most popular cryptocurrency exchanges globally, is launching its crypto-trading service in 11 new countries, the company announced Wednesday.
The full list of countries is as follows: Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand.
SEE ALSO: Coinbase launches crypto Visa debit card in the UK, rest of Europe coming soon
With these latest additions, Coinbase now supports 53 countries and territories across four continents.
The size of some of the markets involved makes this news very important for the crypto space. With the launch, Coinbase is opening up to a combined market of more than 2 billion people.
Coinbase is one of the biggest, and most reliable, cryptocurrency exchanges that allows fiat deposits from users — a so-called fiat gateway. This makes it especially important in markets that haven’t so far had a very good way to buy cryptocurrencies with fiat.
Image: Coinbase
Customers in these new markets will be able to store, trade, send, and receive cryptocurrencies on Coinbase Pro and Coinbase.com. It’s unclear, however, when will Coinb
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