The world’s largest hybrid decentralized exchange is now officially integrated with one of the largest fiat gateways to digital assets.
Our partnership with Coinbase allows Coinbase customers to easily tap into our liquidity pool via Coinbase Wallet’s WalletLink functionality. For traders who prefer working on the big screen, desktop access is just as seamless.
Users who have the Coinbase Wallet can now use their self-custody wallet to link directly to over 450 trading pairs on the IDEX exchange, keeping trade liquidity and security at the forefront from custody to trade.
Massive Liquidity for DeFi
During the 2017 bull run, Coinbase was one of the first UX focused fiat gateways to bring in an enormous amount of volume that helped fuel crypto’s explosive growth and brought in over $1B in revenue for Coinbase. Since opening their exchange in 2012, they outgrew the 2nd largest brokerage firm in the US, Charles Schwab, surpassing 11 million users versus Schwab’s own 10.7 million accounts in 2018. In the past year, Coinbase reportedly brought in over 8 million new users, reaching over a total of 30 million users across the globe.
For IDEX, having integrated access to one of the most rapidly growing fiat-gateways may prove to be a massive liquidity injection for us, giving hundreds of thousands of current Coinbase Wallet users the ability to trade on our exchange and driving additional value for IDEX stakers.
For Coinbase, Coinbase Wallet users will have unprecedented levels of trading flexibility with access to 9x more trading pairs from the IDEX platform integration alone. For the current 30+ million Coinbase exchange traders, this integration is a compelling reason to download and access the Coinbase Wallet app. Additionally, connecting IDEX and Coinbase enables new users to easily sample new markets through Coinbase’s insured and secure exchange platform and custody solutions.
How to access IDEX on WalletLink:
- Download Coinbase Wallet
- Visit IDEX, log in, and navigate to the Unlock or Change Wallet page
- Select “Coinbase WalletLink”
- Scan the QR code with the Coinbase Wallet QR scanner and approve the request
As the leader for secure, compliant, and decentralized digital asset trading, we hope that our continued expansion and partnerships bring meaningful value and service to an industry that is already revolutionizing financial and economic paradigms.