Monday, January 22, 2018
Home The Bitcoin News Coinbase Enables Bitcoin Buying in Australia – CCN: Financial …

Coinbase Enables Bitcoin Buying in Australia – CCN: Financial …

Advertised sites are not endorsed by us. They may be unsafe, untrustworthy, or illegal in your jurisdiction.

 

Bitcoin and digital exchange Coinbase has expanded its services to Australia, enabling customers in the country-continent to buy bitcoin and ether with payment cards.

In an announcement today, digital currency exchange and wallet provider Coinbase revealed its expansion effort to Australia. The move will allow users to buy bitcoin and ether with credit and debit cards. Additionally, the exchange is also introducing the ETH/BTC trading pair on the Global Digital Asset Exchange [GDAX] trading platform for Australian customers.

However, users will only be able to buy bitcoin and ether currently. “We hope to add the ability to sell digital currency as well soon,” an announcement from Coinbase stated.

Prior to its foray into the Australian market, Singapore was the only other country that saw the digital exchange’s presence.

Coinbase has hinted at a global expansion in the Asian and Asian-Pacific region in recent times following an investment and partnership with the Bank of Tokyo-Mitsubishi UFJ (BMTU), Japan’s biggest bank. Revealed earlier this month, Coinbase has since raised $10.5 million from investors to aid its launch of services in Japan.

San Francisco-based Coinbase recently announced another major development in a major global market in Canada. As of August 1, the bitcoin exchange’s payments provider in Canada, Vogogo, will shut down its payment processing core business. The loss of its payments provider has resulted in Coinbase shutting down CAD services to customers in the country.

 Featured image from Shutterstock.

mm

TheBitcoinNews.com – leading Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.

Read previous post:
Bitcoin Price Technical Analysis – How Low Can It Go?

Bitcoin Price Key Highlights  Bitcoin price recently formed a head and shoulders pattern on its short-term time frames, signaling that...

Close