Coinbase Extends Bitcoin and Ether Buying Service To Canada and Singapore

Thursday, 28/07/2016 | 17:40 GMT by Finance Magnates Staff
  • Users in Canada and Singapore can now buy bitcoin and ether using credit or debit cards.
Coinbase Extends Bitcoin and Ether Buying Service To Canada and Singapore
Finance Magnates

Just a day after expanding its services to Australia, Coinbase, the Bitcoin and wallet exchange, announced today that consumers in Canada and Singapore are now also able to instantly buy bitcoin and ether with their debit and credit cards, as part of its global expansion efforts.

As is the case in Australia, users in Canada and Singapore can buy the digital currency but are not yet able sell it. This option is expected to be available soon.

To get started, users should visit the 'Trade' page on Coinbase.com or tap on the 'Buy' or 'Sell' options on their iOS or Android apps to add a credit or debit card and buy digital currency.

Global Expansion

Founded in 2012, the Coinbase app and site supports digital wallets and digital currency transactions. It also founded the Global Digital Asset Exchange, where bitcoin, and now Ethereum , can be transacted.

The company has hinted at global expansion in the Asian and Asian-Pacific region in recent times and has recently received investment and entered into a partnership with the Bank of Tokyo-Mitsubishi UFJ, raising $10.5 million from investors to aid its launch of services in Japan.

Just a day after expanding its services to Australia, Coinbase, the Bitcoin and wallet exchange, announced today that consumers in Canada and Singapore are now also able to instantly buy bitcoin and ether with their debit and credit cards, as part of its global expansion efforts.

As is the case in Australia, users in Canada and Singapore can buy the digital currency but are not yet able sell it. This option is expected to be available soon.

To get started, users should visit the 'Trade' page on Coinbase.com or tap on the 'Buy' or 'Sell' options on their iOS or Android apps to add a credit or debit card and buy digital currency.

Global Expansion

Founded in 2012, the Coinbase app and site supports digital wallets and digital currency transactions. It also founded the Global Digital Asset Exchange, where bitcoin, and now Ethereum , can be transacted.

The company has hinted at global expansion in the Asian and Asian-Pacific region in recent times and has recently received investment and entered into a partnership with the Bank of Tokyo-Mitsubishi UFJ, raising $10.5 million from investors to aid its launch of services in Japan.

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
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