South Korean crypto exchange Korbit has partnered with Coinbase to bring Base Chain onto the platform. Now, users can perform Base Chain deposits and withdrawals directly on Korbit.
According to a Business Korea report published on Nov. 8, Korbit has signed a business agreement with U.S major crypto exchange Coinbase to host the Base Chain Network on their platform.
Through Korbit’s collaboration with Coinbase, its users can now perform multi-chain deposits and withdrawals directly on the Korbit platform. For instance, users can deposit Ether(ETH) on the Ethereum Chain and withdraw it on the Base Chain(BASE) and vice versa.
In return, Coinbase will support Korbit through promotional efforts, community events, and introduction into the Base Chain ecosystem.
Not only that, the partnership between the two companies will also result in collaborative efforts to develop on-chain technology in South Korea and…
