ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Tuesday Feb 19th 2019
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

Coinbase's New Services Cater To High-Volume Traders In Asia and Europe

By

Nathan

Graham

WriterETHNews.com

European and Asian customers will now be able to fund their wallets through non-US banks.

On Tuesday, January 22, cryptocurrency exchange platform Coinbase made two announcements on the launch of new financial services that are now available throughout Asia and Europe.

Coinbase first announced that clients that trade in high volumes of cryptocurrency in Asia will now be able to utilize Coinbase's enterprise blockchain platform, as well as its cold storage wallet service. This rollout of new services is intended to allow investors using the Coinbase exchange to "fund their accounts from non-US bank holdings" through "inbound and outbound international (SWIFT) wire transfers."

Additionally, these customers will have access to Coinbase's USDC stablecoin, and can trade the stablecoin for US dollars and vice-versa free of charge when using the Coinbase Prime platform.

According to Coinbase's second announcement, high-volume customers living in Europe who use the Coinbase Pro and Coinbase Prime platform will also be able to take advantage of cross-border wire transfers to build their Coinbase accounts. European customers will also have access to Coinbase's stablecoin and its cold storage wallet service.

Additionally, high-volume traders living in Europe and Asia who use the Coinbase Prime platform may utilize Coinbase's recently launched over-the-counter trading desk.

The new services are part of a steady expansion plan for Coinbase. In July of 2018, it announced that it would offer services to customers living in Japan. In December, it announced launches in several European countries and territories.

Nathan Graham

Nathan Graham is a full-time staff writer for ETHNews. He lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Coinbase, cryptocurrency exchange or other Ethereum wallets and exchanges news.