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In a bid to deepen its engagement in Canada as a viable crypto trading firm, Coinbase Global Inc has announced the launch of free crypto trading services for select users for the next 30 days. As unveiled by the crypto trading platform, the debut of the crypto trading feature is part of dual-launch Interac e-Transfers®, whose access has now been provided to all of the exchange's customers.
The exchange highlighted that the Interac e-Transfers will enable an almost instantaneous movement of funds from Coinbase to external wallets. The trading platform pointed out that the Interac e-Transfer feature is by far one of the most widely requested features from its customers in Canada, a country known for its massive tilt toward crypto.
The publicly listed firm said it is bringing these capabilities to life in partnership with Peoples Trust Company, part of Peoples Group. With a focus on customer empowerment, Coinbase said it will also be complementing these impressive product offerings with a boosted staking reward and 24/7 support, among other features.
"As Coinbase's next Go Deep Market, we are making significant investments to help Canadians access the benefits of cryptocurrency," Nana Murugesan, vice president, International and Business Development, Coinbase said in a statement.
Fast-growing Coinbase ecosystem
Coinbase is choosing a notable time to truly expand its ecosystem across the board. With the two major legal tussles it is facing with the United States Securities and Exchange Commission (SEC), the growth in the Coinbase ecosystem following the launch of its Layer 2 scaling platform, Base, has been quite impressive.
Base was launched on the mainnet for the general public last week, marking an era in which Coinbase becomes an active contributor to the evolution of the industry's largest smart contract platform, Ethereum.
One crucial highlight of Base's emergence is the launch of the Masterpiece NFT collection, in Coca-Cola's debut into the digital currency ecosystem.
Dan Burgin
Arman Shirinyan
Alex Dovbnya
