- This is staking, buying USDC without commissions, training and much more
- Crypto exchange expands in the region
International company Coinbase Global added new services for Singaporean clients. Now they will be able to buy USDC without commissions for their local currency Singapore dollar (SGD). At the same time, clients will receive rewards for holding USDC on the platform. And experienced traders also get rewards for order books with USDC. This will include more than 200 assets for trading. Also, the crypto exchange opened services for staking ETH, SOL, ADA, ATOM and XTZ. And launches the Coinbase Learning platform to educate clients on cryptoeconomics.
According to Coinbase, they made the decision about the new options after a recent poll. It is attended by 2,000 residents of Singapore.
The study showed that every fourth Singaporean is sure that cryptocurrencies are the future of finance. In addition, 32% of Singaporeans already use or have used cryptocurrencies before. More than half of them plan to engage in crypto trading this year or simply store assets further.
Coinbase is bolstering its international presence in response to tough US policies.
“The world is moving forward with or without the US. And as a global company, we are ready to keep moving forward towards international expansion.” – Hassan Ahmed, regional director of the crypto exchange, comments on the news.
Recall that yesterday the SEC Commission refused to satisfy Coinbase’s request for transparency in the crypto market.