Crypto Gloom

Coinbase International Witnesses Total Trading Volume of Over $119 Billion

Coinbase International had over $119 billion in total trading volume last week, averaging nearly $20 billion per day. Amazingly, the weekly total was 124% higher than last week’s total, and last week’s daily average was 164% higher than last week’s daily average. The rise of Coinbase International follows Coinbase’s expansion into European markets with active compliance with the EU’s MiCA regulations, expansion into the Australian market, increasing the platform’s maximum leverage from 10x to 20x, and launching a spot market in late 2023.