• 23 July, 2024
News

Coinbase Kickstarts Global Expansion with Enhanced Platform in Singapore

Coinbase, the top U.S. cryptocurrency exchange, has announced that it is expanding its global reach with an exciting launch in Singapore.

Over the next eight weeks, the company plans to bolster its international presence, starting with an upgraded retail platform in the island city-state. To enhance user experience, Coinbase has forged a strategic banking partnership with Standard Chartered.

From today, customers in Singapore can transfer funds between their local bank accounts and Coinbase for free, streamlining the process of cashing in or out of the platform. Singpass, Singapore’s trusted 2-click digital identity solution, has also been integrated into Coinbase, making it even more convenient for users to access the platform.

Recognizing the importance of customer support in the rapidly evolving cryptoeconomy, Coinbase has revamped its Help Centre to offer live chat assistance, with a dedicated team of experts available to address any questions or concerns.

Over 200 assets are now available for trading on Coinbase, granting users access to popular cryptocurrencies like Bitcoin and Ethereum. To help navigate the complexities of the cryptoeconomy, the company has introduced Coinbase Learning, a comprehensive resource hub aimed at educating users on various aspects of the crypto landscape.

This platform offers a range of content, from beginner-friendly guides to advanced trading strategies, empowering users to make informed decisions in the ever-evolving crypto space.

Coinbase has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA), signifying its commitment to regulatory compliance and security. As Singapore aspires to become a global crypto and blockchain hub, Coinbase is dedicated to supporting these ambitions by offering the best possible product experience to the local market.

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