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Coinbase Partners Top Bank To Introduce Free Transfers Amid Banking Woes

Crypto exchange Coinbase has introduced free bank transfers and Singpass integration to make it easier for customers in Singapore to join the platform. The exchange has also upgraded its Help Centre and Coinbase Learning to solve queries and educate about cryptoeconomy, which will help users access more than 200 crypto assets for trading.

Coinbase forms a strategic banking partnership with Standard Chartered, as per a blog published on March 15. It enables customers in Singapore to transfer funds to and from their accounts using any Singaporean bank for free.

Previously, Singapore customers used only a Visa or Mastercard debit or credit card to purchase crypto, or transfer crypto in and out of their Coinbase account.

Moreover, Coinbase has integrated Singapore’s digital identity app Singpass to make it easier for Singaporeans to join the crypto exchange.

(By Varinder Singh)

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