Coinbase has entered into a global partnership with Bitkey.
The crypto exchange is building the most trusted crypto products and services.
Coinbase, the leading crypto exchange, has consistently made headlines within the crypto community. The exchange faces a lawsuit by the U.S. Securities and Exchange Commission. The whole crypto market has been waiting for the end of the SEC’s case against the crypto exchange.
On the other hand, Coinbase has entered into a global partnership with Block’s self-custody Bitcoin wallet, Bitkey. On June 15, the exchange tweeted the announcement of its partnership with Block’s Bitkey Wallet. The partnership will incorporate Coinbase Pay’s ability to transfer existing Bitcoins (BTC) and buy or sell Bitcoin enabled by Coinbase in Bitkey.
Coinbase to Expand Their Presence Across Six Continents
According to the report, the international partnership spans six continents. Bitkey is the self-custody Bitcoin wallet built by Block. Moreover, that includes a mobile app, a hardware device, and a set of recovery tools. Bitkey aims to empower the next 100 million people to truly own and manage their money with Bitcoin.
The Coinbase Pay platform offers a simple and secure way for users to fund their accounts with crypto within apps, wallets, or marketplaces. Moreover, users can also enjoy seamless fiat-to-crypto onramps, and businesses benefit. The new game-changing feature allows users to effortlessly move their Bitcoin from centralized exchanges to the secure Bitkey self-custody wallet.
In recent times, the crypto market has witnessed a lot of development and innovation. To stay ahead, Coinbase is building the most trusted crypto products and services. Through the global partnership, the crypto exchange has taken a key step towards its goal of powering the Bitcoin economy. The global partnership is expected to increase people’s trust in the crypto exchange and strengthen Coinbase’s position in the lawsuit.