Coinbase has announced the next phase of the Coinbase International Exchange expansion – the launch of non-US spot markets for eligible customers.
This latest development is designed to address the unique needs and demands of Coinbase’s global user base while reinforcing its strategic mission to expand international access to trusted products and services.
The launch and expansion of spot trading on Coinbase International Exchange will occur over several phases. On Thursday, December 14, the Exchange is listing BTC-USDC and ETH-USDC pairs via API access for non-US institutional clients only.
The primary focus at the outset will be to build liquidity and create a robust foundation. In the coming months, Coinbase International Exchange plans to expand the product to include retail users, additional assets, and features that enable new trading strategies and enhance capital efficiency.
Coinbase recognizes the hesitancy among some asset issuers and members of the crypto community to engage with US exchanges due to the evolving and uncertain regulatory landscape in the United States. Coinbase International Exchange says it offers a trusted and compliant non-US spot market for those participants.