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11/8/2024 1:11:20 PM (GMT+1)

Korbit has signed an agreement with Coinbase to support Base Chain: deposits and withdrawals between Ethereum and USD Coin are available with transaction costs of less than 1 cent 💰🔗

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Now users can make deposits and withdrawals between Ethereum and Base Chain, including USD Coin (USDC). Base Chain is a layer 2 blockchain built on Ethereum with low costs, less than one cent per transaction.

The companies intend to continue their cooperation to advance blockchain technology. Korbit's CEO, Oh Se-jin, noted that this will help develop the virtual asset industry in the country, while Dan Kim from Coinbase added that Base Chain makes technology accessible to more Koreans.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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