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Benzinga
Benzinga
Business
Navdeep Yadav

Coinbase Debuts Crypto Trading In India, To Support Widely Popular UPI Payments

Coinbase UPI India CoinDCX Bengaluru Coinbase Ventures CoinSwitch Kuber

American cryptocurrency exchange desk Coinbase (NASDAQ:COIN) today launched its cryptocurrency trading services in India at an event in Bengaluru.

The company had been experimenting with UPI (Unified Payment Interface), one of the most popular modes of payment in India, one that has seen drastic growth in the past few years. In the financial year 2021-22, payments worth $1.09 trillion were processed through the UPI, according to the National Payments Corporation of India (NPCI) data.

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