Coinbase adds direct deposit function-US salary checks can soon be converted into crypto-
Coinbase adds direct deposit function-US salary checks can soon be converted into crypto-
On September 27, the digital currency company Coinbase announced that US customers will soon be able to pay their salary check directly to their coin base accounts. With the new direct deposit function, Coinbase customers can use their funds to make investments, to achieve earnings or to upgrade their Coinbase prepaid debit card.
US coin base customers will soon be able to use the direct deposit function
coin base has taken a long way since the company was founded in 2012, and now as a listed company, the crypto company offers a variety of services and is still one of the top goals in the crypto world. On Monday, Senior Director of Product, Prakash Hariramani, published a blog post in which it is explained how US coin base customers will soon be able to pay their salary check directly to their coin base accounts.
"In the next few weeks", Hariramani announced, "we introduce the opportunity for customers in the USA to pay their salary check at Coinbase in order to make simple regular crypto trades for Coinbase Card, earn crypto rewards. Let it be paid for in crypto or US dollar and pay so much or so little of your salary check One as you want. Hariramanis contribution adds:
Now save time for the additional steps that are necessary to move money so that you can earn interest on your income immediately or earn with your coinbase card crypto rewards. In addition, you do not pay transaction fees for direct deposit funds, so that you have immediate and free access to the crypto economy.
Access to over 100 cryptocurrencies
According to Hariramani, users can deposit as little or as much as they want from their salary checks and receive the money in over 100 crypto-assets. The funds can be transferred in stablecoins such as USDC and DAI or remain as USD. Hariramani says that the facility can be carried out simply without leaving the coin base application.
"Tap direct deposits in the settings, follow the instructions and find your current salary accounting company or your current employer, and we automatically update your salary check," said the Coinbase manager. If you prefer to set up the direct deposit manually, we give instructions on what you can share with your employer with your personnel department or your employer's salary accounting. You can change your direct deposit preferences in your settings at any time, ”concludes Hariramani.
The Coinbase direct deposit function offers people more opportunities to access crypto, which increases the accessibility of the crypto economy as a whole. There are some other companies that offer direct deposit solutions to access crypto, such as the company bitwage . Bitwage was founded in 2014 and specializes in crypto salary accounting services and human resources (HR) for companies with employees who want to be paid in digital assets.
What do you think that Coinbase adds direct deposit access to its crypto markets for US customers? Let us know your opinion on this topic in the comments below.
Bedy verification : Shutterstock, Pixabay, Wiki Commons
Kommentare (0)