Coinbase records significant growth in Brazil

by Stephen Douglas
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Coinbase records significant growth in Brazil
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Coinbase records significant growth in Brazil
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THE Coinbasethe largest cryptocurrency broker in the United States, leads the ranking of most downloaded cryptocurrency apps in Brazil.

Furthermore, the company is positioned among the three main financial applications in the countryreflecting a significant increase in Brazilians’ interest in cryptoactives.

This rise demonstrates the positive impact of the company’s local strategy and the growing appeal of cryptocurrencies as a financial alternative in the national market.

With the aim of expanding its presence in Brazil, Coinbase entered into a strategic partnership with Charles Wicz, known as the “Sincere Economist”. This influencer is among the 10 largest in the Brazilian financial segment. Coinbase chose Wicz for its ability to translate complex concepts into accessible language for a diverse audience.

Coinbase in Brazil

Now, as the official brand ambassador in Brazil, Charles will be the face of Coinbase’s educational initiatives in the country.

Grégoire Belhassen, head of marketing at Coinbase in the Americas, highlights that Charles has credibility and direct communicationmaking it the ideal partner to promote trust and demystify the crypto market.

The company also launched the campaign “Think Crypto, Think Coinbase”which offers R$20 in Bitcoin for new users. Additionally, the partnership with Charles includes the production of educational content for platforms such as YouTube, Instagram and X (formerly Twitter). Topics such as staking – a way of obtaining returns similar to fixed income – and stablecoins, such as USDC, will be on the agenda.

As the company pointed out, Coinbase’s goals include educate the Brazilian marketincrease trust in the crypto sector and popularize tools such as stablecoins and staking. Furthermore, the company seeks combat negative market-related perceptionsfurthering its reputation for transparency as a public company that manages more than $273 billion in assets.

At the same time, the Coinbase faces the challenge of overcoming the idea that cryptocurrencies are highly speculative or aimed only at specialists.

With the aim of further popularizing cryptocurrencies, in October Coinbase announced a implementing real-time account funding in partnership with Visa. The news comes amid a heated market, with trading activities on the rise in recent days.

Coinbase records significant growth in Brazil

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