TLDR: Residents of Hawaii can now buy, sell, and manage their crypto on Coinbase, the most trusted cryptocurrency exchange. Coinbase is pleased to offer a suite of crypto services in Hawaii following regulatory clarity in the state. Hawaii residents can get started in just a few minutes, and use the app to access hundreds of cryptocurrencies, set up recurring buys, earn rewards, track prices, stake, and transfer assets internationally.
We're excited to announce that Coinbase is now available in Hawaii. With recent state regulatory changes paving the way, we can now bring our products and services to Hawaii and empower residents to participate in the crypto economy.
For years, Hawaii residents have expressed a strong interest in crypto on Coinbase, the only publicly traded crypto exchange in the U.S., and we’re excited to deliver on that promise today. From seamless trading features to secure asset protection, Coinbase provides the most trusted crypto products and services.
With our entry into the state, Hawaii residents can now:
Buy, sell, and manage crypto with ease: Whether brand new to crypto or an expert, Coinbase makes it easy and seamless to get started with and manage crypto. New Hawaii customers can get started in just a few minutes, and use the app to access hundreds of cryptocurrencies, set up recurring buys, earn rewards, track prices, and transfer assets internationally.
Participate in the crypto economy: Crypto is helping to update an outdated financial system with fairer, cheaper, and faster services. Hawaii customers now have access to a suite of crypto services, including staking, where they can earn up to 12% APY in staking rewards on popular assets.¹ Eligible Hawaii users can also earn up to 5.20% in rewards by simply holding USDC.²
Access powerful tools for pros: Sophisticated traders can access 500+ spot pairs with as low as 0.0% maker fees, charting powered by TradingView, and powerful APIs.
This expansion is a testament to our commitment to compliance across the United States and abroad. We are officially entering Hawaii following regulatory changes made by the Hawaii Department of Commerce and Consumer Affairs Division of Financial Institutions (DFI) which provide clarity for cryptocurrency firms. We've worked diligently with local authorities to ensure we can enter the Hawaii market, and welcome their innovative, responsible approach, which aligns with our goal of providing a safe and compliant environment for all.
The launch in Hawaii fuels the excitement for the crypto industry’s continued growth, and we are pleased to bring the power of crypto to more people and places. This is just one step in our mission to increase economic freedom around the world.
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The rewards rate is based on the estimated protocol rate, which is subject to change. Customers will be able to see the latest applicable rates directly within their accounts. Enrollment in staking is available only in eligible jurisdictions and for eligible networks.
Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change. Customers will be able to see the latest applicable rates directly within their accounts.
About Faryar Shirzad
Faryar Shirzad is the Chief Policy Officer at Coinbase, where he leads the company’s engagement with policymakers around the world. Before joining Coinbase, Faryar was Global Co-Head of Government Affairs at Goldman Sachs. He has also served in various roles in the U.S. government, including deputy national security advisor for international economic affairs for President George W. Bush. Faryar earned a JD from the University of Virginia School of Law, an MPP from the John F. Kennedy School of Government at Harvard, and a Bachelor of Science degree from the University of Maryland, College Park.
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