Coinbase, the largest crypto exchange in the US releases PIX for Brazilians

Jonathan Morgan

This Wednesday (1), Coinbase, the largest US cryptocurrency brokerage and which arrived in Brazil in recent months, released transfers via PIX to all Brazilian customers. With the new option, investors who operate at the brokerage gain one more facility to make deposits and withdrawals on the platform. Coinbase has migrated to countries other than the US in recent years, and in Brazil it already has an office.

When releasing PIX, Coinbase sends email to customers

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Thanks! You will now receive our Newsletter. Coinbase sent an email to its entire Brazilian customer base this Wednesday (01), warning that the PIX is released.
Coinbase starts accepting PIX as a transfer in Brazil. Playback/Social Networks. However, for customers to be able to access the novelty, they must proceed with a new identity verification, even if they have already carried out a verification in the past. As reported that Livecoins had access, Coinbase indicates that it is looking to improve the experience of its users.
Coinbase informs Brazilian customers that PIX is released. Reproduction. It is worth remembering that on Coinbase’s own website, the option of deposits with PIX is already described as a possibility. In addition to the PIX option, the purchase of cryptocurrencies with a card has also been released for brokerage customers.

EBANX provides the service, after activation in February 2023

Responsible for providing Coinbase with the intermediation of payments via PIX, the company EBANX was considered one of the most promising Brazilian fintechs in a 2022 study. ), issued by the Central Bank of Brazil. Thus, it was able to start offering services as a Pix payment initiator.
Ebanx is processing PIX for CoinbaseEbanx is processing PIX for Coinbase. Customer sent the report. In a note to Livecoins, Erika Daguani, Vice President of Product at EBANX, highlights that the fintech service reduces friction and increases transaction security.

“The payment initiator streamlines the payment process, reduces friction and increases transaction security: the user no longer needs to leave the store’s website or app, log in to the bank’s app or worry about copying and pasting the QR Code and check that everything is correct. Payment with Pix in digital commerce is much more fluid like this. Pix as a payment initiator is yet another example of the Central Bank’s focus on user experience and Pix usability, it is a major step forward for Brazil’s alternative payment industry. We are very happy to offer this service to our customers and promote easy and secure access to real-time payments to millions of users.”

Finally, in addition to serving Coinbase, EBANX also serves AliExpress, Epic Games, Tencent (Riot Games), Shein, Shopee, Uber, PlayStation, Ubisoft, Deezer, Kwai, among other major global brands.

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