Bitcoin ETF

Base

Pando

USDC

Spot

<ul>
 <li>Users may now transfer funds on any platform that allows users to share a link.</li>
 <li>Payments will be sent back to the sender if the funds are not claimed within two weeks.</li>
</ul>
In an effort to expand its user base, cryptocurrency exchange <a href="https://thenewscrypto.com/cathie-wood-led-ark-invest-dumps-1-4m-worth-coinbase-shares/" target="_blank" rel="noopener noreferrer nofollow">Coinbase</a> has introduced a new feature to its wallet that enables the transfer of cryptocurrency using a link that can be shared through many popular messaging applications and social media platforms.
Coinbase said in a blog post on December 5 that users may now transfer funds on any platform that allows users to share a link. Coinbase co-launched USDC in 2018 alongside its issuer, <a href="https://thenewscrypto.com/circle-and-nubank-partner-to-increase-digital-dollar-access-in-brazil/" target="_blank" rel="noopener noreferrer nofollow">Circle</a>, and there is no payment cost when transferring it.
<h3 class="wp-block-heading" id="h-eyeing-user-base-expansion">Eyeing User Base Expansion</h3>
According to Coinbase, if the receiver hasn’t previously downloaded Coinbase Wallet, they may do so in a single click after clicking the link.
Moreover, payments will be sent back to the sender if the funds are not claimed within two weeks. For customers who aren’t as tech-savvy, Coinbase has created a “simple mode” that restricts the wallet to exposing just the most fundamental features, such as the ability to purchase, sell, receive, and view assets.
Coinbase said that the new tool is an attempt to simplify foreign bank wire transfers, which the company claims can involve heavy paperwork, expensive fees, and a five-business-day waiting period for the money to arrive.
Just one day after CEO <a href="https://www.linkedin.com/in/barmstrong" target="_blank" rel="noopener noreferrer nofollow">Brian Armstrong</a> predicted a “long-term coexistence of fiat and crypto,” Coinbase launched its three-pronged scheme. Coinbase has also noted that currency is quickly becoming obsolete and has urged lawmakers in the United States to establish transparent legislation for stablecoins.
With the <a href="https://www.coinbase.com/wallet" target="_blank" rel="noopener noreferrer nofollow">Coinbase Wallet</a>, users may also receive funds from any cryptocurrency exchange or self-custody wallet. Coinbase has used this strategy to streamline the payment process for its customers.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/swiss-asset-manager-pando-joins-spot-bitcoin-etf-race/" target="_blank" rel="noopener noreferrer nofollow">Swiss Asset Manager Pando Joins Spot Bitcoin ETF Race</a>

Coinbase Simplifies Crypto Transfers with Shareable Links

Table of Contents

TheNewsCrypto

Other articles published on Dec 6, 2023

Celebrate the Festive Season with the Myria Learn & Earn: A Quest for Knowledge and Rewards!

🗒 Daily Newsletter | Wednesday, December 06th, 2023

Ripple’s Legal Triumph Sets Precedent for Crypto Industry; U.S. Rep Proposes Funding Restriction ...

Bitcoin Futures Open Interest Soars to $5.2 Billion, Nearing All-Time High

Bitcoin Pushes Into Extreme Greed, What You Should Expect From Here

Dogecoin Price Prediction as DOGE Hits 8 Month Highs on Elon Musk’s Plans to Raise $1 Billion for...

Join our free newsletter for daily crypto updates!