Coinbase Gives Institutional Customers Access to More Fiat Trading Pairs

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2 July 2021

Coinbase has started offering institutional customers access to more trading pairs and payments options through fiat currencies, the cryptocurrency exchange said Friday.

  • In a blog post, Coinbase said clients had been limited to purchasing crypto in their local currency only, but can now make deposits and withdrawals in USD, EUR or GBP.
  • The exchange said it expanded the range of supported currencies following demand from international clients.
  • On Monday, the exchange received a crypto custody license from Germany’s Financial Supervisory Authority (BaFin), allowing it to continue serving the German market.

Read more: Coinbase Debuts Savings Product With 4% APY on USDC Deposits

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