Coinbase is rolling out paycheck direct deposits and auto-conversions into Bitcoin. The $223 billion Bitcoin and crypto change posted on their blog as we speak that they will roll out the characteristic over the subsequent few weeks.
Paychecks deposited straight into Coinbase could be transformed straight into Bitcoin, cryptos, or US {dollars}. It also can be used to commerce, earn crypto rewards, or load a Coinbase card.
The new characteristic will enable customers to allocate “as much or as little” of their paycheck as they need.
Notably, the brand new characteristic boasts zero-fee deposits, making the method a bit extra environment friendly and cheaper for customers who ceaselessly ship funds to Coinbase.
