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Apiax’ new tax product addresses key challenges of financial industry

Using Coinbase and Coinbase Pro to introduce crypto-crypto conversions and trade to more countries One year back, Coinbase served clients in 32 nations crosswise over two landmasses. In the course of recent months, one of our principle needs has been to convey Coinbase administrations to individuals in all sides of the globe. Today weu2019re eager to invite 11 additional nations crosswise over Latin America and Southeast Asia to the cryptoeconomy by enabling clients to store, exchange, send, and get digital forms of money on Coinbase Pro and Coinbase.comu200au2014u200aincreasing the compass to 53 nations, spread crosswise over four landmasses. Direct crypto-trading is increasingly the new norm and has overtaken traditional fiat to crypto-trading around the globe over the past year. Millions of Coinbase customers can now trade between different cryptos securely and quickly and at their convenience send off-platform crypto. Footnote updated, previous footnote referenced that chart was based on Coinbase-only volume. As crypto moves from the current u201cinvestment phaseu201d into what we call the u201cuse phase,u201d there will be a host of new use cases. This could take the form of decentralized versions of traditional financial services such as loans or micropayments or genuinely novel applications for cryptography that no one has ever considered. This new decentralized economyu2019s ability to convert from one crypto to another will form the backbone. Our mission to create an open financial system for the world begins by making access to crypto as easy as possible. We are pleased to take an important step in that direction with todayu2019s announcement. Customers in Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand can now subscribe to Coinbase.com and download our iOS and Android apps or subscribe to a Coinbase Pro account to access crypto-crypto trading options.

Oliver Smith

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