All UK customers now have access to GBP payments and new GBP trading pairs on Coinbase Pro/Prime.
Last year was a big year for Coinbase in Europe; 2018 is proving to be even bigger.
I’m pleased to announce that all UK customers now have the ability to buy and sell using using GBP on Coinbase, Coinbase Pro and Coinbase Prime.
Simply log in to your Coinbase account, and you’ll be able to see your new GBP wallet under the ‘Accounts’ section.
Fig 1 — GBP deposit flow
Domestic GBP payments, in most cases, will take less than 30 minutes to transfer in and out of your account. You’ll not only benefit from increased speed but reduced costs as well. By no longer having to convert funds from British Pound to Euros and vice versa, you’ll avoid exchange rates and additional fees for foreign currency transactions.
If you are a UK customer and don’t have access to GBP yet, it’s most likely because your Coinbase account country isn’t set to the UK. You can view your account country in your Coinbase account here.