Coinbase, in a blog post Wednesday announced its proposed expansion of crypto-to-crypto trading services to eleven (11) more countries.
The cryptocurrency exchange will by this new development give access to customers in Hong Kong, Mexico, New Zealand, Argentina, Peru, South Korea, Colombia, India, Chile, Indonesia and the Philippines to trade and convert cryptocurrencies on its platform.
The exchange revealed plans of offering the service via its platforms Coinbase.com and Coinbase Pro. With an initial customer base from 32 countries and two continents, the new addition increased its clients network to 43 countries across four continents.
The exchange want to nurture the common touch. After observing a drift in trading dimensions as 51% of its trading activities as at February 2019 were crypto-to-crypto based. According to the update, the traditional fiat-to-crypto alternative is becoming derelicted.
It is expected that the firm will make another important announcement soon relating the resignation or replacement of Dan Romero, on of its top executives that recently announced that he will quit the company by end of the month.
The exchange has severally hit the headlines as a result of some of its top officials leaving the firm. The company will have a vacancy for vice president of international business if Romero leaves as anticipated.
Last December, Coinbase added a crypto-to-crypto trading support for retail customers which was meant to enable them access the service on Android and iOS applications via Coinbase.com, a function originally available to institutional customers.