Coinbaseone of the world’s largest platforms for buying, selling and storing cryptocurrencyis expanding its services in Australia with new product features designed to help more Australians gain safe and easy access to the crypto-economy.
First, Australians will now be able to buy, sell and trade crypto more easily with new PayID features that allow them to top up their accounts from Australian bank accounts.
Second, they will gain access to Retail Advanced Trading, providing more advanced traders with in-depth technical analysis of the crypto markets.
Finally, Coinbase offers Australian customers 24/7 in-app chat support so they can trade with confidence.
As part of the company’s international expansion strategy, John O’Loghlen was recently appointed Australia Director to establish the company’s market presence by building new partnerships and supporting a growing customer base. Formerly Regional Director of Ant Group, John has a wealth of experience enabling consumers and businesses to access all financial services through technological innovation.
“Australians were among the world’s first adopters of digital currencies and are savvy investors. They trusted Coinbase as one of the first platforms to enable and facilitate their crypto investments, and now we’re expanding their experience to use the platform locally,” said O’Loghlen. “With over 200 assets available on the Coinbase exchange, Australian customers now have a broader and more seamless access to the crypto ecosystem.”
Coinbase already has strong connections in the Australian market as a member of Blockchain Australia, the country’s largest industry network for companies implementing or evaluating blockchain technology. In addition, Coinbase is partnering with a local payments innovator Cepta to provide on-ramp and off-ramp Australian currency services in Australia. At the same time, the Coinbase Institute partnered with RMIT’s Blockchain Innovation Hub, one of the world’s leading blockchain groups, to assess the potential of Web3 technologies for the Australian economy.
Coinbase has also invested in Australia’s Web3 and crypto ecosystem through Coinbase Ventures – its portfolio includes local leaders ImmutableX, CoFiX, Synthetix, Block Earner and CryptoTaxCalculator.