Coinbase to Add UK Pound Support for British Users

Earlier, in order to use GBP at Coinbase, users should convert cryptocurrencies in euros, and only then into pounds; it usually took several days
02 August 2018   164

The cryptocurrency exchange Coinbase added the possibility of input/withdrawal of the British pound (GBP).

As noted in the company's blog, thanks to cooperation with the service Faster Payments, customers from the UK can now carry out almost instant operations with GBP.

According to the head of Coinbase U.K. Zeeshan Feroz, the new system will replace the old, according to which customers had to convert cryptocurrencies in euros, and only then into pounds. It usually took several days.

Faster payments will benefit all UK customers, enabling almost immediate transfers. This is essential for Coinbase Pro and Coinbase Prime customers in particular who will now be able to transfer funds quickly. Coinbase, Coinbase Pro and Coinbase Prime GBP support is now live for some of our existing customers, and we will continue rolling this out to all UK customers in the coming weeks.

Zeeshan Feroz

CEO UK, Coinbase

Earlier, thanks to the partnership of Coinbase and the startup WeGift, customers of the American company will be able to convert cryptocurrencies into gift certificates. 

Coinbase to Increase Daily Trading Volume to $25k

This and another update will be available to US residents in the coming weeks
09 August 2018   133

The American company Coinbase announced the forthcoming launch of the instant trading option for users who replenish the dollar deposit by bank transfer. The trading limit on the exchange will be increased to $ 25,000.

Note that updates will be available to US residents in the coming weeks. The company also promised to make new options available to users from other countries in the future.