Bitcoin-exchange Coinbase Pro announced the addition of new trading pairs of British pound with ETC, ETH and LTC. According to the general manager of the exchange, David Farmer, the new pairs will be available on Friday, September 7.
With support for UK domestic bank transfers in GBP via the Faster Payments Scheme, it is now significantly easier, faster and cheaper for UK customers to trade cryptocurrencies on the Coinbase platform. Coinbase Pro is the only major digital currency trading platform that supports UK Faster Payments and it’s our goal to be the trading platform of choice for UK crypto traders. In advance of the launch of the new trading pairs, all UK customers now have access to send GBP to their Coinbase accounts via domestic bank transfer.
General Manager, Coinbase Pro
It is reported that the launch of new trading pairs is scheduled for September 7 at 09:00 BST and will be held in three stages:
- Post-only. In the first stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of 10 minutes.
- Limit-only. In the second stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of 10 minutes.
- Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders.
In August, support for Ethereum Classic (ETC) was added to Coinbase Pro.