Coinbase Introduces Direct Rupee Transfers in India
June 1, 2026 at 09:45
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✦ AI Summary
- Users can now transfer rupees directly to Coinbase
- The feature allows trading in spot and futures markets
- This move follows approval from the Financial Intelligence Unit
Coinbase has officially launched a feature enabling direct transfers of Indian rupees through the Immediate Payment Service (IMPS). This development allows users to easily move funds between their local bank accounts and the Coinbase exchange, enhancing the trading experience for both spot and futures markets.
With this significant update, Coinbase aims to make cryptocurrency trading in India more accessible and efficient, catering to the growing interest in digital assets among Indian users.
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