Coinbase Introduces Direct INR Support in India

Coinbase has expanded its services in India by introducing direct Indian Rupee (INR) support. This move allows users to deposit and withdraw funds via Immediate Payment Service (IMPS), eliminating the need for peer-to-peer (P2P) rails or third-party intermediaries.

The platform now offers spot trading and perpetual futures contracts on major crypto assets, providing a range of options for Indian traders. Coinbase has built dedicated local INR order books to provide liquidity specifically for Indian traders.