Coinbase International had a total trading volume of over $119 billion in the past week. This means that on average, they had nearly $20 billion in trading per day. This is a significant increase compared to the previous week, with a total trading volume that is 124% higher and a daily average that is 164% higher.
Coinbase International has been expanding its operations in recent months. They entered the European market and made sure to comply with the EU’s MiCA regulations. They also expanded into the Australian market and increased their maximum leverage from 10x to 20x. In late 2023, they launched spot markets.
These expansion strategies have contributed to the rise of Coinbase International and its impressive trading volumes. The platform is gaining popularity and attracting more traders as a result of these initiatives.
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