Until now, many of our global clients have been limited to purchasing crypto in their local currency only. We now offer the fiat rails to enable deposits and withdrawals in USD, EUR, or GBP and access to the related trading pairs. This expansion of supported currencies has been a top request from international clients and has the potential to unlock billions of dollars in trading volume through improved access to major pools of liquidity. Institutional customers will now be able to trade in and out of various currencies regardless of where they are based. This is an important step in Coinbase’s journey towards creating a global trading platform.
“Access to SEN on Coinbase provides us with the flexibility to move USD quickly, keep providing liquidity in fast markets, and take advantage of opportunities” says Morgan Vincent, Head of Trading at Wintermute.
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was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.