The post Coinbase Re-Enters India with Direct INR Deposits, Trading and Withdrawals appeared on BitcoinEthereumNews.com.
In a major boost for India’s crypto industry, global exchange Coinbase has re-entered the country. The crypto exchange has launched direct INR deposits, trading, and withdrawals support, enabling easy bank-to-crypto transfers. The move eliminates reliance on risky peer-to-peer (P2P) transfers and marks a key expansion of its services in Asia’s third-largest economy after years of regulatory navigation and ecosystem investments. Coinbase Officially Launches in India with Direct INR Support via IMPS Coinbase has rolled out direct INR rails powered by India’s IMPS payment service. Indian users can now deposit INR directly from their bank accounts, trade on spot and perpetual futures markets. When done, users can withdraw funds back to their linked bank accounts, according to the official blog. Coinbase discontinued its services in India in 2023. It resumed crypto trad
The post Coinbase INR support India: IMPS rupee deposits and withdrawals appeared on BitcoinEthereumNews.com.
Coinbase INR support India is finally live in a form many users have been waiting for: direct rupee transfers. On June 1, Coinbase launched direct Indian rupee support in India, letting customers deposit and withdraw funds through IMPS instead of relying on awkward peer-to-peer routes to move money in and out. That may sound technical, but the shift is straightforward. Indian users now have a direct banking rail for rupee transfers on Coinbase, and that matters because payment friction has long shaped the day-to-day crypto experience in the country. It also gives the launch a comeback feel. Coinbase’s earlier push into India hit a wall in 2022 when its attempted UPI rollout unraveled quickly. This time, the company has returned with a different payments route, a compliance footing through FIU-IND registration, and a clearer bid to compete in one of crypto’s most active retail m
The post Coinbase Opens Direct INR Deposits for Indian Users appeared on BitcoinEthereumNews.com.
Coinbase has opened direct Indian rupee (INR) deposits and withdrawals for customers in India, letting them move money between bank accounts and the exchange without intermediaries. The rollout is gradual. Several Indian users report a “Buys not supported” prompt after finishing onboarding, while the company says access keeps expanding. Coinbase’s Second Attempt After the 2022 Retreat Coinbase routes the new deposits through the Immediate Payment Service (IMPS), India’s interbank transfer system. It is not using the Unified Payments Interface (UPI) for now. That choice matters. In 2022, the exchange launched with UPI support and suspended it within three days. The shutdown followed a public statement from the National Payments Corporation of India. Chief executive Brian Armstrong later blamed informal pressure from the Reserve Bank of India. The dispute forced Coinbase into crypto-to-crypt
The post Coinbase opens direct rupee deposits in major India crypto push appeared on BitcoinEthereumNews.com.
Coinbase has launched direct Indian rupee deposits and withdrawals in India, giving local users a bank-linked route to trade crypto on its platform. The move expands access. Summary Coinbase added direct INR deposits and withdrawals in India through IMPS after earlier crypto-only access. Indian users can now access spot markets, perpetual futures, and dedicated local INR order books. Coinbase says FIU-IND registration and Indian tax compliance support its latest market restart plan. Indian customers can now deposit and withdraw INR through IMPS, according to Coinbase. The service removes the need for peer-to-peer routes or third-party funding steps that some users relied on before. The company also opened access to spot trading across several crypto assets. Users can trade perpetual futures on major assets and access local INR order books built for Indian customers. Coinbase is
The post Coinbase Re-Enters India With Direct INR Trading Support appeared on BitcoinEthereumNews.com.
The post Coinbase Re-Enters India With Direct INR Trading Support appeared first on Coinpedia Fintech News Coinbase has officially relaunched its services in India, marking a major return after its unsuccessful 2022 launch and subsequent exit in 2023. The exchange now offers direct INR deposits and withdrawals through IMPS, eliminating the need for peer-to-peer workarounds. Indian users gain access to a local INR order book, spot crypto trading, perpetual futures, and … Source: https://coinpedia.org/crypto-live-news/coinbase-re-enters-india-with-direct-inr-trading-support/
The post BNB Extended Price Target Says $780 Is Coming, But What About $1,000? appeared on BitcoinEthereumNews.com.
BNB’s growth trajectory over the years has reflected the performance of the Binance crypto exchange, rising as the exchange grew. This has propelled it to become one of the largest cryptocurrencies by market cap, and with the market picking up again, expectations for where the BNB price might end up have begun to rear their heads again. BNB Bullish Triggers Are Lining up Again Crypto analyst Melikatrader94 on the TradingView website has outlined a trading plan for BNB, showing that the bullish factors are beginning to align one more. The first instance of this is the fact that BNB has formed a clear double bottom on the daily chart. Historically, a double bottom formation on the daily chart means that there is a trad reversal coming. Given that the trend at the time of the formation was bearish, it means a turn for the bulls. This is evident in the performance of BNB over
BNB’s growth trajectory over the years has reflected the performance of the Binance crypto exchange, rising as the exchange grew. This has propelled it to become one of the largest cryptocurrencies by market cap, and with the market picking up again, expectations for where the BNB price might end up have begun to rear their heads again. BNB Bullish Triggers Are Lining up Again Crypto analyst Melikatrader94 on the TradingView website has outlined a trading plan for BNB, showing that the bullish factors are beginning to align one more. The first instance of this is the fact that BNB has formed a clear double bottom on the daily chart. Related Reading: Why The Bitcoin Price Won’t Hit $100,000 Again This Year Historically, a double bottom formation on the daily chart means that there is a trad reversal coming. Given that the trend at the time of the formation was bearish, it means a turn for the bulls. This is evident in the performance of BNB over the last week, as it has begun to rise ra
The post Coinbase Launches Direct INR Deposits and Withdrawals in India appeared on BitcoinEthereumNews.com.
TLDR: Coinbase now supports direct INR deposits and withdrawals in India through IMPS with no deposit fees. Indian traders can access spot markets and perpetual futures contracts on major crypto assets via Coinbase. Coinbase is registered with FIU-IND and fully compliant with Indian tax laws for long-term operations. Over $1 million has been invested by Coinbase into India’s builder community through Base grants and hackathons. Coinbase has officially launched direct Indian Rupee (INR) support in India, enabling users to deposit and withdraw funds via IMPS. The platform now offers spot trading and perpetual futures contracts on major crypto assets. Coinbase is registered with FIU-IND and fully compliant with Indian tax laws. This move marks a major step in the exchange’s long-term commitment to one of the world’s fastest-growing crypto markets. Coinbase Opens Full INR Trading Ac
