Summary: Coinbase is the second-largest cryptocurrency exchange in the world by market capitalization. It has 120 million registered users in over 100 countries, including the United States, numerous European countries, and parts of Asia and Australia. Some countries cannot access the platform due to regulatory constraints. It has a focus on the United States, offering a broad range of services primarily focused on digital asset trading and staking.
- Trade 220+ tokens on a licensed and regulated platform.
- Available to use in over 100 countries globally, including the US.
- Coinbase can be used in English, Spanish and 5 more languages.
What Countries Does Coinbase Support?
Coinbase has earned a reputation as a leading cryptocurrency trading platform in the USA thanks to its user-friendly UI and extensive selection of digital currencies for trading. The exchange is operational in more than 100 countries, which include the United States, the United Kingdom, several countries in Europe and Asia, plus a few jurisdictions in the Middle East, Africa, and South America. To check if you can access Coinbase, we recommend contacting customer support.
Which Countries Are Blocked by Coinbase?
Certain countries and regions have restricted or no access to Coinbase services due to regulatory limitations. For example, Australian investors can access trading services but cannot use the staking services. The countries where it restricts all of its services include jurisdictions sanctioned by the Office of Foreign Assets Control (OFAC), such as North Korea and Crimea. For the full detailed list, visit Coinbase's Restricted Countries.
Coinbase Available Languages and Currencies
As an international cryptocurrency exchange, Coinbase supports multiple languages and accepts deposits in several fiat currencies. Users can deposit funds in their local currency, which Coinbase will convert into USD for cryptocurrency trading. The fiat currencies supported include USD, EUR, GBP, AUD & NZD. The available languages are English, Spanish, Dutch, French, German, Italian, Japanese, Polish, Russian, Thai, Turkish and Portuguese.
Where is Coinbase Regulated?
Coinbase is subject to regulation by notable financial authorities, such as the Financial Crimes Enforcement Network (FinCEN) in the U.S. and the Financial Conduct Authority (FCA) in the United Kingdom. Users should be familiar with their country's regulatory landscape before trading. Coinbase maintains strong compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) policies across its operating jurisdictions.
Here is an overview of where Coinbase is regulated and licensed:
- Coinbase, Inc. is registered with FinCEN as a Money Services Business in the United States.
- Coinbase UK, Ltd is regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
- Coinbase Europe also adheres to the regulations in various European countries, such as BaFin in Germany.
In summary, Coinbase’s services are accessible in over 100 countries, with some jurisdictions restricting certain features. The platform is praised for its intuitive interface and a wide array of cryptocurrencies for trading. Potential users should stay informed about geographic restrictions that Coinbase imposes due to regulatory considerations. To learn more about this exchange, visit our detailed Coinbase Review.