Coinbase Re-Enters India with Direct INR Deposits, Trading and Withdrawals
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