Coinbase Announces Improvements to How Customers May Send & Receive Cryptocurrency

Cryptocurrency platform Coinbase announced on Tuesday it has made several improvements to how customers may send and receive cryptocurrency  The platform reported that currently millions of customers already send and receive funds through its services, but with the changes, the process is claimed to be easier. The changes are the following:

  • DiscoverabilityCustomers can now begin a transaction on mobile with the action button regardless of where they are in the app.
  • ExecutionCoinbase claims it has made it simple to switch between currencies quickly, and removed a few steps to make it more intuitive for new customers. Customers may now send and receive crypto with no fees in most instances.
  • ConfidenceCleaned up visual design and added cues to help customers better understand what’s happening as they send and receive crypto.

Coinbase further observed:

“Along with helping you manage your crypto and earn rewards, we believe sending and receiving will be a critical element of the open financial system. We are excited to make this service accessible to more customers on Coinbase.”

Founded in 2012, Coinbase describes itself as a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.

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