Coinbase continues its international expansion by partnering with Brazilian payment providers Ebanx and Pix
Coinbase further strengthens its commitment to the Americas region by integrating the Brazilian instant payment system Pix and partnering with the Ebanx payment platform.
The addition of Pix to the Coinbase platform enables easy account top-ups and money withdrawals using Brazilian Reals. Pix is a popular instant payment platform created and managed by the Central Bank of Brazil. Thus, local payments will be made in a trustworthy and secure way.
Being a top payment solutions provider in Brazil, Ebanx offers 100+ local payment options including cards, cash payments, and digital alternative methods with high performance in approval and conversion rates. Cooperation with Ebanx provides Coinbase with an efficient cross‑border model to land and win in Latam.
Besides convenient payment options, Coinbase aims to provide its customers in the region with exceptional service. Therefore, the firm fully localized its app in Brazilian Portuguese, with 24/7 chat support in this language also available.
Finally, the crypto exchange platform streamlined its onboarding process, making it easier than ever to start trading.
Coinbase journey to the Brazilian market started in 2021 with a technology hub established in the country. There, the crypto exchange’s engineering talent was developing crypto and Web3 technologies using Brazilian expertise both for Brazil and the wider market.
Besides, Coinbase Ventures has been active throughout Latin America, with significant investments in Hashdex, a Brazilian cryptocurrency asset management company, and Ledn, a cryptocurrency-based financial services platform.
With the new integrations, Coinbase aims to expand access to the crypto economy and Web3 to even more Brazilians.
One of the leading crypto exchanges globally, Coinbase also recently introduced a new Wallet-as-a-Service offering for businesses to seamlessly onboard their users to Web3.