US-based world’s one of the leading crypto exchange and wallet Coinbase has started providing British pound (GBP) support service to its customers having UK bank accounts.
Because of this support, customers will be able to carry out faster transfers—buying and selling cryptocurrencies for pounds within the same day of transaction from Coinbase to British Bank accounts.
Prior to rolling out GBP support by Coinbase, a customer needed several days to get the process of his crypto buying and selling for fiat completed.
In that process, their cryptos were concerted to Euros, and later it was again converted into fiat through international wire transfer.
But the new feature will enable customers to transfer pound sterling and use it to purchase and sell these cryptocurrencies directly.
