On Wednesday, April 17, Coinbase announced that it is expanding its activities to 11 more countries.

People who are in the Asia-Pacific region and in Latin America can now “store, trade, send and receive cryptocurrencies using Coinbase Pro and Coinbase.com.”

Coinbase will support eleven new countries – Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand. Users in these countries open trade only between cryptocurrencies without the support of Fiat.

Trading between cryptocurrencies is gaining momentum every day. Binance demonstrates the popularity of trading among cryptocurrencies among its customers better than others, and, of course, the absence of the need to deal with fiat currency greatly simplifies the process of expanding the coverage of activities around the world.

“Direct trade between cryptocurrencies is becoming the norm, and last year it surpassed the traditional rules of crypto trading.”

 

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Zorain Zubair
Zorain is co-founder of TechLapse. Based in Pakistan, Zorain is currently studying Business Management and aims to achieve the title of Chartered Accountant. Zorain loves writing about various technology news. He can be reached at: [email protected]

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