Coinbase International has experienced a significant surge in trading volume, surpassing $119 billion in total this week with an average of nearly $20 billion per day. This marks a remarkable 124% increase from the previous week’s total volume, with a daily average that is 164% higher than the previous week. The platform’s success can be attributed to key expansion strategies implemented in recent months, such as entering the European market in compliance with EU’s MiCA regulations, expanding into Australia, increasing maximum leverage from 10x to 20x, and launching spot markets in late 2023.
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