Guavy AI Editorial TeamSentiment: 2Clout: 65

Coinbase Enhances Presence in India with Direct INR Payment Infrastructure

Coinbase has made significant strides in its expansion into the Indian market by implementing direct INR payment rails.

This development enables users to deposit and withdraw Indian rupees (INR) without relying on peer-to-peer workarounds or intermediaries, streamlining the process for local customers.

The exchange now offers a range of services, including spot trading across various assets, perpetual futures contracts on major cryptocurrencies, and dedicated INR order books that provide liquidity specifically tailored to Indian customers.