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Coinbase to Open Crypto Trading For Fiat Pound Sterling This Week

News
Thu, 09/06/2018 - 10:47
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Yuri Molchan
The Coinbase Pro platform plans to launch GBP against ETH, BCH, ETC and LTC. The GBP/BTC pair is already available. First, the new pairs will go through post-only stage
Coinbase to Open Crypto Trading For Fiat Pound Sterling This Week
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The Coinbase Pro general manager published a blog post in which he states that the platform plans to launch GBP against ETH, BCH, ETC and LTC. The GBP/BTC pair is already available.

First, the new pairs will go through the post-only stage, then a limit-only phase will be used. Only after those two full packages of trading services will be offered to customers.

The new pairs will be launched on Friday, Sept. 7.

Earlier this month, the exchange implemented withdrawals and deposits for the pound Sterling through the Faster Payment Scheme. Before that, trades took up to several days, since GBP had to be converted into EUR first.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.