Coinbase has announced a global partnership with Block’s Bitcoin wallet, Bitkey.
This partnership between the two companies will integrate Coinbase Pay’s existing Bitcoin trading capability with the Bitkey custodian wallet. “We are excited to announce our international partnership with Bitkey, built by Block, spanning 6 continents,” Coinbase announced on its official website.
Coinbase: This Is An Important Step Towards Strengthening the Crypto Economy
Coinbase is working to update the financial system built over 100 years ago by using crypto to give people more economic freedom and opportunity.
Coinbase said in a statement that the partnership is a step towards strengthening the Bitcoin and cryptocurrency economy. In the announcement made by the platform, brief information about the wallet provider was included, and explanations were made on the subject. In the continuation of its statement, the platform said, “We are also looking forward to Bitkey’s global beta program, whose registrations started today. Customers participating in the global beta program will be able to effortlessly move their Bitcoins from centralized exchanges to the secure Bitkey wallet.
In the statement made by the company, it was stated that thanks to the integration, users will be able to seamlessly buy Bitcoin from their Bitkey wallet using Coinbase Pay and transfer the assets purchased on the exchange to their wallets in the same way.