Coinbase Adds SWIFT Wire Transfers for Prime Users in Europe, Asia

Digital currency exchange Coinbase has added cross-border wire transfers for its high-volume Pro and Prime customers in Europe and Asia. The users can now fund their accounts via international SWIFT wire transfer from non-United States bank accounts.According to the post on the official Coinbase blog, “select Coinbase Prime customers globally will also have access to our US and European over-the-counter (OTC) trading desks and Coinbase Custody.”Institutional investors have increasingly been the target of cryptocurrency-related products entering the market this past year. In November, an Israeli company launched what was reportedly the country’s first dedicated crypto investment firm for institutional investors.Join to our Telegram channel to be always up-to-date with the latest news of the cryptocurrency space.As a reminder, earlier this month, Chicago-based crypto exchange Seed CX launched a e-wallet solution with on-chain settlement.