Coinbase's international exchange to launch spot crypto trading

Smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration

(Reuters) -Coinbase will start offering spot crypto trading services on its international exchange from Thursday, the company said, as it expands beyond the U.S.

Spot trading on the international exchange, currently geared toward derivatives, will roll out in phases, starting with bitcoin and ether against USDC stablecoin from Dec. 14 for institutional clients, the company said in a blog post.