Coinbase Launches Bitcoin and Ether Buying Service in Australia

Wednesday, 27/07/2016 | 08:55 GMT by Finance Magnates Staff
  • Coinbase has expanded its services to Australia allowing users to buy bitcoin and ether using credit or debit cards.
Coinbase Launches Bitcoin and Ether Buying Service in Australia
Finance Magnates

Bitcoin wallet and exchange, Coinbase, has announced it has expanded its services to Australia, bringing its exchange service to a market that has relatively little access to Australian dollar trading pairs and the total number of countries it supports across the world to 33.

We’re focused on creating an open financial system allowing people to buy and sell digital currencies anywhere in the world.

According to Coinbase’s blog post today, Australian customers can now buy bitcoin and ether using their credit and debit cards. While users are able to buy the digital currency, they are not yet able sell it, although the option to do so is expected to be available soon.

Coinbase stated: “We’re focused on creating an open financial system for the world, allowing people to easily buy and sell digital currencies anywhere in the world. Along with this launch in Australia, we are also making the ETH/BTC trading pair available on our professional Trading Platform GDAX to customers in Australia”.

Users can get started by visiting the 'Trade' page on Coinbase.com or tap on 'Buy' or 'Sell' options in their iOS or Android apps to add a credit or debit card and buy digital currency.

For developers, Coinbase also offers the Buy Widget, so third party sites and apps can offer their users the ability to buy bitcoin and ether without leaving the experience.

The news follows this week’s earlier announcement that Coinbase had added Ethereum support for its retail clients who are now able to buy, sell, send, and store ETH in their accounts, as reported by Finance Magnates.

Bitcoin wallet and exchange, Coinbase, has announced it has expanded its services to Australia, bringing its exchange service to a market that has relatively little access to Australian dollar trading pairs and the total number of countries it supports across the world to 33.

We’re focused on creating an open financial system allowing people to buy and sell digital currencies anywhere in the world.

According to Coinbase’s blog post today, Australian customers can now buy bitcoin and ether using their credit and debit cards. While users are able to buy the digital currency, they are not yet able sell it, although the option to do so is expected to be available soon.

Coinbase stated: “We’re focused on creating an open financial system for the world, allowing people to easily buy and sell digital currencies anywhere in the world. Along with this launch in Australia, we are also making the ETH/BTC trading pair available on our professional Trading Platform GDAX to customers in Australia”.

Users can get started by visiting the 'Trade' page on Coinbase.com or tap on 'Buy' or 'Sell' options in their iOS or Android apps to add a credit or debit card and buy digital currency.

For developers, Coinbase also offers the Buy Widget, so third party sites and apps can offer their users the ability to buy bitcoin and ether without leaving the experience.

The news follows this week’s earlier announcement that Coinbase had added Ethereum support for its retail clients who are now able to buy, sell, send, and store ETH in their accounts, as reported by Finance Magnates.

About the Author: Finance Magnates Staff
Finance Magnates Staff
  • 4265 Articles
  • 131 Followers
About the Author: Finance Magnates Staff
  • 4265 Articles
  • 131 Followers

More from the Author

CryptoCurrency

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}