Coinbase expands services in Brazil…"DEX trading also becomes possible"

Source
JOON HYOUNG LEE

Summary

  • Coinbase said it is expanding services in Brazil.
  • It said Brazilian users can access decentralized exchange (DEX) trading through the Coinbase app.
  • He said the service has already been used by U.S. users, and that entering the Brazilian market is meaningful.
photo=Shutterstock
photo=Shutterstock

U.S. cryptocurrency exchange Coinbase is expanding services in Brazil.

Brian Armstrong, Coinbase CEO, said on the 19th (local time) via X (X), "We are expanding trading so that Brazilian users can easily access decentralized exchange (DEX) trading on the Coinbase application (app)."

CEO Armstrong said, "(That service) is one that U.S. users have already been using," and "I am glad to be able to introduce it to a new market."

publisher img

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
What did you think of the article you just read?