Starting now, Coinbase Wallet users can open a U.S. bank account directly in the app, completely free.
This partnership means you no longer need to use separate apps or websites to handle your bank account and wallet.
Payments Made in USDC and Processed on Base
With just a few taps, you can open a bank account, and it will automatically link to your non-custodial Coinbase Wallet. That’s right, all your digital assets and bank funds will work together seamlessly.
Once your bank account is set up, payments will be made in USDC (a stable cryptocurrency) and processed on Base, Coinbase’s layer 2 blockchain. This makes it easier than ever to manage your money and crypto in one place.
another big launch with the coinbase wallet team
consumers across the global can now use @Stablecoin to create a virtual US bank account number. all payments land in coinbase wallet as USDC on base
millions of ppl now have a bit more economic choice https://t.co/C0DLkYRWss
— Zach (@zcabrams) November 13, 2024
This new feature allows users to handle both their everyday spending and crypto investments all in one app. The convenience of having a U.S. bank account linked to your Coinbase Wallet can also save time and hassle. You can easily make transfers, payments, and manage your funds without having to log into multiple accounts or apps.
More About Coinbase Wallet
PEPE and WIF are now available for trading on Coinbase, allowing users to buy, sell, and hold these tokens directly on the platform. PEPE, inspired by the meme character, and WIF, a newer token, have both gained attention in the crypto world. By adding them to Coinbase, the platform continues to expand its offerings, allowing users to explore a wider range of digital assets.
PEPE and WIF are now available on @coinbase.
Is your wallet ready?
— Coinbase Wallet
(@CoinbaseWallet) November 13, 2024
This move makes it easier for crypto enthusiasts to access and trade these tokens alongside other well-known cryptocurrencies, further enhancing Coinbase’s appeal as a go-to platform for crypto transactions.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Coinbase Offers Free U.S. Bank Accounts Linked to Wallets appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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