Coinbase, a US-based bitcoin wallet and exchange, has just announced its expansion to European market. Only a month has passed since the company launched service for purchases of bitcoin with 3D Secure-enabled credit and debit cards in the UK and Spain.
It turned out that these countries were only the first in the list. According to yesterday’s blog posts Coinbase now offers support for bitcoin transactions in Liechtenstein and Slovenia as well as in 26 European countries.
The procedure of buying bitcoin in Europe offered by Coinbase is quite simple. You should enter your Coinbase account (if you don’t have the one, you need to register first of all). On the payments method page you choose an option “Add Credit / Debit Card”. As soon as you added an eligible card, you can start buying bitcoin in EUR or GBP.
Keep in mind that despite the fact that 3D Secure is supported by most banks in Europe and the UK, it makes sense to get convinced that your card is acceptable. For this purpose you can either contact your bank, or try to create an account and add the card. If you see an error message, that means that unfortunately your card doesn’t support 3D Secure.
With above-mentioned countries added recently Coinbase is proud to offer its services to 30 countries altogether. If your country is not in the list, you can visit the global page to get some information about the terms of promoting the service to any of world’s locations.
Coinbase is among the world’s largest bitcoin companies. Brian Armstrong, its CEO and co-founder, once said: “About a year ago we made a decision to offer bitcoin services to as many countries in the world as possible.” It’s obvious that the company is realizing its plans step by step. At the beginning of September it announced promoting its services to Canada and Singapore.
Remarkably Singapore became the first destination in Asia which actually meant a milestone for Coinbase. David Farmer, international expansion lead, explained: “Expanding to places like North America and Europe has been a solid foundation for us to fulfill that mission, but this move into Asia is especially exciting for us, as it marks the first time that Coinbase has been able to fully service consumers in this massive market.”
The choice of Singapore is not surprising. It’s one of the financial capitals of the world. More than 15,000 people own Coinbase wallets there. With this promotion they got a possibility to operate in bitcoin market as simple and safe as possible.