Coinbase Pay lets you add funds directly to your wallet
Coinbase cryptocurrency exchange introduces a new tool, called Coinbase Pay, which is supposed to simplify the process of loading cryptocurrencies into your wallet.
As mentioned on the Coinbase site, you can access Coinbase Pay through the Coinbase Wallet extension for Google Chrome. You will need to connect your wallet to your Coinbase account if this is your first time using the extension. Once you have done this, you can add funds by selecting the “Add Crypto with Coinbase Pay” button. From there, you can select the currency you want to add to your wallet, enter the amount, complete the transaction, and your funds will be available.
Previously, the only way to add crypto to your Coinbase wallet was through the more tedious process of logging into the Coinbase website, buying crypto, then entering your wallet address to transfer the coins. funds. This new tool eliminates the possibility of making a mistake when entering your address and potentially sending it to another address as a result – not to mention it just feels a whole lot more convenient.
Coinbase has been working to make cryptocurrency and NFTs more accessible to the general public and began allowing users to pay for NFTs with Mastercard earlier this year. Other companies have also tried to appeal to crypto newbies, with the 1Password password manager offering users an easier way to store their wallet information (something newbies often don’t know what to do with) and also adding support for the Solana wallet, Ghost.