Coinbase has expanded its services to another 5 European countries: Ireland, Sweden, Denmark, Switzerland and Poland.
These join the 13 which were included in their European expansion three weeks ago: Austria, Belgium, Cyprus, Finland, France, Greece, Italy, Malta, Netherlands, Latvia, Portugal, Slovakia and Spain, bringing the total to 18. Still absent from the list is Germany, Europe’s largest economy.
In its blog, Coinbase points out that its expansion will make bitcoin available in countries where until now, bitcoin was inaccessible. Central to the expansion is their leveraging of the Single European Payments Area (SEPA), a payment integration initiative of the European Union that simplifies euro-denominated bank transfers. SEPA will link with each European user’s bank account and Coinbase, yielding the same effective bank account integration as in the US.
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Coinbase has also raised the daily buy/sell limit in France, Italy, Spain, Belgium, Netherlands, and Finland from 500 EUR to 2000 EUR.
Interested users whose country is not yet supported are invited to sign up on a dedicated Global page which will alert them if/when their country has been added.