Coinbase forms a key partnership in Brazil as crypto adoption grows in the country.
March 21. Round-the-clock customer support in Portuguese and easier onboarding are among its upgrades.
Coinbase has inked deals with Brazilian payment solutions provider Ebanx and Pix, the instant payment app operated by the Central Bank of Brazil. The new partnerships will make it easier to purchase crypto using the Brazilian real, as well as enable deposits and withdrawals from Coinbase accounts in real. Brazilians will also have easier access to opening a Coinbase account.
Coinbase has had a presence in Brazil since 2021, when it established a tech hub there, according to its statement. It 40 employees there by June 2022, when it announced the launching of services for the Brazilian public.
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