Coinbase, which is infamously known as the world’s largest bitcoin exchange and wallet service, has recently announced their plans to expand their services to Australia.
In a recent blog post, Coinbase stated that Australians can now buy bitcoin and Ether by using their debit and credit cards. Unfortunately, at this moment in time, customers from this region are unable to sell digital currency. It’s likely that Coinbase will grant users this possibility as well, in the near future.
In their statement, Coinbase mentioned that: “We’re focused on creating an open financial system for the world, allowing people to easily buy and sell digital currencies anywhere in the world. Along with this launch in Australia, we are also making the ETH/BTC trading pair available on our professional trading platform GDAX to customers in Australia”.
To get access to the new feature, Australian users simply need to visit the trade page, on their account. Additionally, they can also log into the mobile app to purchase BTC and ETH.
It’s worth pointing out the fact that Coinbase has recently published a blogpost, meant to inform users that the trading platform works only for Ether (ETH), and not Ether Classic (ETC). Currently, the exchange and wallet service has no plans to add support for ETC, but things may change if there’s enough customer demand for ETC as well.
Based on everything that has been outlined so far, what do you personally think about Coinbase’s quick worldwide expansion? Let us know your thoughts in the comment section below.
Source: Coinbase Blog
If you liked this article follow us on Twitter@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.
