Coinbase issues clarification after reports of it ceasing services in India

Coinbase has actually issued an explanation after a flowing report suggested that it would soon stop all operations for its Indian customers.According to a Sept. 11 report from TechCrunch, Coinbase India users were apparently alerted by means of e-mail that all services would be discontinued by Sept. 25, and were advised to eliminate any funds that stayed on the exchange.Coinbase stated in an email that it would stop providing all trading services to users in India after September 25 and encouraged users to withdraw all funds in their accounts. In addition, Coinbase has prohibited Indian users from registering on the exchange, advising them to download …– Wu Blockchain (@WuBlockchain) September 11, 2023

” Affected users funds remain safe with us, and they continue to be able to withdraw their balances and send to other crypto service companies till 25 September. Users from India who attempt to sign up for an account on the Coinbase exchange will see the following webpage. India-based users attempting to sign up are rather prompted to download Coinbase Wallet.

Users from India who try to sign up for an account on the Coinbase exchange will see the following web page. India-based users attempting to sign up are rather triggered to download Coinbase Wallet. Indian users who had actually purchased crypto prior to the UPI shutdown on the platform might trade existing crypto properties in their wallets with other users by way of peer-to-peer or P2P trading.

Indian users who had actually purchased crypto prior to the UPI shutdown on the platform might trade existing crypto assets in their wallets with other users by method of peer-to-peer or P2P trading. As of the time of publication, Indian users on Coinbase are just able to existing crypto possessions from their accounts. Magazine: NFT collapse and monster egos include in new Murakami exhibition