Customers from the USA and Canada can already use their bank cards to pay

​Coinbase users will be able to fund their wallet from the browser

17.03.2022 - 11:30

237

1 min

What’s new? US exchange Coinbase has introduced the service Coinbase Pay. The new feature will allow customers to fund their accounts using their bank cards through the Coinbase Wallet browser extension. The service is already available in the USA and Canada, the developers will open access for other countries soon.

Coinbase Pay’s announcement

What is the new service designed for? According to the developers, the service should make using DeFi more “easy and intuitive” for inexperienced users, as it allows the exchange to be made in a few clicks.

“Before Coinbase Pay, users needed to navigate to Coinbase.com, sign in to their account, copy-paste their wallet address, and manually transfer funds from their Coinbase account. The process was not only cumbersome, but also left the user vulnerable to user error.”

Earlier, the exchange announcedthat it started testing a monthly subscription. When buying Coinbase One, the users will be able to trade with zero commission and receive account insurance up to $1 million.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy