Coinbase Adds British Pound Support, Speeding Fiat Transfers for UK Clients By Cryptovest

Coinbase Adds British Pound Support, Speeding Fiat Transfers for UK Clients

Leading US-based cryptocurrency exchange Coinbase said it is adding British pounds (GBP) to its list of accepted fiat currencies as of Thursday, in a move that will allow faster fiat deposits and withdrawals for its UK-based clients.

Previously, Coinbase users from the UK had to convert their pounds into euro and vice versa to access the trading platform. The transactions were made via international bank transfers, which made the process more complicated and slower, taking several days. Now, British individual investors, active traders and institutions will have deposits and withdrawals from Coinbase to their UK bank accounts processed within less than a day.

In a blog post, Coinbase UK CEO Zeeshan Feroz said the exchange took major steps towards “making Coinbase the most trusted and co…

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Comments (No)

Leave a Reply