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Coinbase Starts Global Expansion in Singapore: Gains Major Partner

Published 03/15/2023, 02:30 PM
© Reuters Coinbase Starts Global Expansion in Singapore: Gains Major Partner
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  • Coinbase (NASDAQ:COIN) partnered with a Singapore banking giant to offer free bank transfers.
  • The exchange also offers users a range of new features in the country.
  • Singapore is a significant player in global crypto markets.
Coinbase is gearing up for international expansion to increase its footprint in multiple regions. Its expansion efforts are starting in Singapore, a crucial blockchain hub in Asia.

On Wednesday, crypto exchange Coinbase announced a range of new features for its Singapore users. It aimed to create a “seamless, safe, and convenient” experience for crypto trading in the thriving Singapore market.

Starting immediately, customers in Singapore can transfer funds to and from their Coinbase accounts using any local bank in the country for free. With this new service, users cancash in or out of their Coinbase accounts...

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