Coinbase Goes Samba in Brazil: DEX Trading Hits the Dance Floor! 💃🕺

The Highlights, Because Who Has Time for Nuance?

Coinbase brings DEX trading to Brazil, because why let the U.S. have all the fun? 🌎
Brazil’s crypto scene is hotter than a Rio carnival, and Coinbase wants in. 🎉
A Coinbase alum is now crypto-king at Nubank, proving talent migrates like a flock of overachieving geese. 🦢

In a move that screams, “We’re not just a one-country wonder,” Coinbase has decided to samba its way into Brazil’s crypto scene. CEO Brian Armstrong, presumably wearing a tiny top hat and monocle, announced on November 19 that decentralized exchange (DEX) trading is now available in the Coinbase app for Brazilian users. Because, you know, the U.S. was getting lonely. 🇺🇸 ➡️ 🇧🇷

Armstrong, in a tweet that could only be described as “corporate enthusiasm meets dad humor,” declared, “Onchain trading is getting more and more accessible.” Translation: “We’re making crypto so easy, even your abuela could do it.” 🧓💻

Update: we’re rolling out easy access to DEX trading in Brazil now in the Coinbase app. Our US users have been enjoying this product, excited to bring it to new markets!
Onchain trading is getting more and more accessible. 😎
– Brian Armstrong (@brian_armstrong) November 19, 2025

This follows Coinbase’s August launch of DEX trading for select U.S. users, which was basically a fancy way of saying, “You can now trade crypto without leaving our app, because we know you’re lazy.” The feature connects to decentralized liquidity sources like Uniswap and Aerodrome, because why build your own pool when you can just dive into someone else’s? 🏊♂️

Brazilian users can now trade tokens faster than you can say “feijoada,” fund transactions with USDC or Coinbase balances, and use a self-custody wallet-all without leaving the app. Because who has time for multiple tabs? Not us. ⏳

Why Brazil? Because It’s the New Crypto It Girl.

Brazil isn’t just famous for its beaches and bossa nova; it’s also a crypto powerhouse. With regulatory frameworks stricter than a ballet tutor, Brazil has become one of Coinbase’s favorite international playgrounds. The country’s crypto adoption is through the roof, and with the upcoming Drex CBDC, it’s basically the prom queen of the crypto world. 👑

Launching DEX trading in Brazil is like showing up to a party with a six-pack and a karaoke machine-everyone wants in. It’s part of a larger trend in Latin America, where fintechs are adding crypto features like they’re collecting Pokémon. Gotta catch ‘em all! 🦄

And let’s not forget Michael Rihani, the former Coinbase director who jumped ship to lead Nubank’s crypto division. His move is the crypto equivalent of a celebrity endorsement, proving that Latin America is the new hot spot for crypto talent. Move over, Silicon Valley. 🌴

Under Rihani’s watch, Nubank introduced Bitcoin bill payments, because why pay your electric bill in boring old fiat when you can do it in Bitcoin? Coinbase’s DEX rollout is now competing for Brazil’s crypto-savvy retail market, which is basically a battle of the bands but with blockchain. 🎸

What’s Next? World Domination, Obviously.

Coinbase isn’t stopping at Brazil. The company plans to expand DEX trading to other networks, starting with Solana, because why not? A broader international rollout is in the works, positioning Coinbase as the global hub for on-chain liquidity. It’s like they’re building a crypto Disneyland, and everyone’s invited. 🎢

For Brazil, this update cements its status as the crypto capital of the future, where exchanges, banks, and fintechs are battling it out to bring decentralized trading to the masses. It’s like the Wild West, but with fewer cowboy hats and more QR codes. 🤠

2025-11-19 21:03

Why Brazil? Because It’s the New Crypto It Girl.

What’s Next? World Domination, Obviously.

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