Coinbase does not support Vietnam, what is Coinbase?

What is Coinbase?

Coinbase is a US-based market and was set in 2012. Coinbase does not support trading works in Vietnam, but producing wallets and saving cryptocurrencies is free for all users. Therefore, though Coinbase is a market in Vietnam, Coinbase is known to a lot of people as a digital wallet.

Similar to Blockchain.com, Coinbase Wallet is equipped with a layered security mechanism which ensures maximum safety for users’ resources and is simple to use that lots of individuals trust it.

This is one of the earliest exchanges in the usa with a great number of users and excellent influence. If you’re careful, you can see that coins which have a Coinbase listing are pumbing really difficult. Hence, you can be absolutely sure of their authenticity, security and possibility of using Coinbase Wallet.

Coinbase does not support Vietnam?

As of February 2020, Coinbase has expanded to over 100 countries and 6 continents, including Africa, Asia, Australia, Europe, South America and North America.

In Asia, Coinbase Exchange supports users in 20 nations. These are Armenia, Bahrain, Brunei Darussalam, Hong Kong, India, Indonesia, Jordan, Kazakhstan, South Korea, Kuwait, Kyrgyzstan, Macau, Maldives, Mongolia, Nepal, Oman, Philippines, Singapore, Taiwan, Uzbekistan.

Vietnam is not on the list of nations that are permitted to access and use Coinbase’s services.

Limited performance for Asian consumers

Coinbase Exchange not only limits the amount of nations that can access and use the support, in addition, it restricts payment and features methods for consumers in Asia and several other regions.

Most nations in Europe have access to all functions: convert, purchase, sell and a broad range of payment methods like deposit, PayPal, UK bank accounts, SWIFT accounts, 3D secure credit card, debit card, credit card. Meanwhile, the rest of the areas can only use the conversion function and the payment methods are debit card, credit card.

Which choice for Vietnamese users?

In addition to leading the cryptocurrency market, Coinbase is flourishing in the standard financial market too. Act as a bridge between the two markets and promote the flow of new cash into the cryptocurrency.

However, because Coinbase must be subject to a rigorous US regulatory framework, Coinbase is very restricted to users, particularly the Vietnamese community.

So if you’re initially searching for an intuitive, user-friendly exchange, you need to not use Coinbase. You can consider alternatives at the top 5 reputable Bitcoin and Altcoin exchanges.

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