A Coinbase signage during the company's Nasdaq IPO on April 14, 2021 in New York. Robert Nickelsberg/Getty Images Coinbase will allow users to deposit their paychecks directly into their accounts. The new feature will launch in the next few weeks and is aimed at making transferring funds more convenient. Coinbase can convert the paycheck into any of its 100+ crypto options with no transaction fees. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Coinbase Global on Monday unveiled a new feature that will allow users to deposit their paychecks directly into their accounts on the cryptocurrency exchange, further integrating digital assets into the realm of traditional banking.The feature, which will roll out in the next weeks, will also allow the largest US crypto exchange to convert paychecks into any of the more than one hundred cryptocurrencies it has with no transaction fees.
Comment on Coinbase will let you direct-deposit your paycheck and convert it to crypto
ilee@insider.com (Isabelle Lee), Business Insider
Mon, 09/27/2021 - 3:13pm
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