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Coinbase launches in Australia enabling users to buy bitcoin and Ether

Coinbase, a San Francisco-based leading bitcoin exchange and wallet service, has announced the expansion of its services to Australia.

According to the official blog post, Australian customers can now buy bitcoin and Ether by using their credit and debit cards. Although users can buy the digital currency, they cannot sell it. But the platform has plans to add the ability to sell the digital currency soon.

“We’re focused on creating an open financial system for the world, allowing people to easily buy and sell digital currencies anywhere in the world. Along with this launch in Australia, we are also making the ETH/BTC trading pair available on our professional trading platform GDAX to customers in Australia,” the post stated.

In order to get started, Australian users can visit the ‘trade’ page on the Coinbase website after creating a Coinbase account. They can also use their android or iOS applications, add their credit or debit card, tap on ‘Buy’ or ‘Sell’ options in order to buy the digital currency.

Coinbase offers developers, the Buy Widget option where third party sites and apps can offer their users the ability to buy the cryptocurrencies.

Last week, Coinbase announced that it is adding support for Ethereum, allowing users to easily buy, sell, send, and store Ether in their Coinbase account. With the addition of Ethereum on Coinbase, consumers in 33 countries can acquire Ether and take part in an open financial system facilitated by Ethereum and Bitcoin.

Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin and Ethereum.

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